London Stock Exchange ETF segment · UCITS ETF
Invest in QQQA ETF from India
Indian and foreign residents can buy UBS Nasdaq-100 UCITS ETF (QQQA) units directly through Paasa.
By Paasa · Updated
QQQA at a glance
- Price
- £24.98-£0.11 (0.45%)
- Expense ratio
- 0.13%
- Day range
- £24.80 – £24.99
- Assets
- £760.0M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2025
- Dividends
- Accumulating
- 1 month
- -7.72%
- 6 months
- +0.81%
- YTD
- +13.65%
- 1 year
- +10.85%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1APPLE INC8.5%
- 2NVIDIA CORP6.8%
- 3MICROSOFT CORP6.6%
- 4AMAZON.COM INC4.9%
- 5ADVANCED MICRO DEVICES3.9%
- 6MICRON TECHNOLOGY INC3.8%
- 7TESLA INC3.3%
- 8META PLATFORMS INC-CLASS A3.2%
- 9SPACE EXPLORATION TECHN-CL A2.8%
- 10ALPHABET INC-CL A2.8%
These 10 are 46.6% of the fund.
Where the money is invested
Sectors
- Technology56.4%
- Consumer Cyclical11.6%
- Communication Services11.5%
- Consumer Defensive7.0%
- Industrials5.5%
- Healthcare5.1%
Countries
- United States97.3%
- Canada1.0%
- Netherlands0.8%
- Brazil0.4%
- China0.3%
- United Kingdom0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| QQQMNASDAQInvesco NASDAQ 100 ETF | 0.15% | 109.1B |
| CNDXLSEiShares NASDAQ 100 UCITS ETF USD (Acc) | 0.3% | 28.7B |
| IQQNASDAQiShares Nasdaq 100 ETF | 0.12% | 856.7M |
| XNASLSEXtrackers NASDAQ 100 UCITS ETF 1C | 0.2% | 3.1B |
Assets are shown in each fund's own reporting currency.
How to invest in QQQA from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to GBP when you buy.
Step 3
Search QQQA and buy
Find the fund by its ticker, QQQA, on the London Stock Exchange ETF segment, and place your order.
Why invest in QQQA from India
What QQQA holds
The investment objective of the Fund is to seek to track the performance of the Index.
Outside US estate tax
QQQA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Dividends reinvested for you
Dividends from QQQA's holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Why QQQA's UCITS structure matters for Indian investors
QQQA is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy QQQA from India?
Yes. Indian residents can buy UBS Nasdaq-100 UCITS ETF (QQQA) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in GBP. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does QQQA invest in?
Its largest holdings are APPLE INC (8.5%), NVIDIA CORP (6.8%) and MICROSOFT CORP (6.6%). Technology is its largest sector at 56.4%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of QQQA?
UBS Nasdaq-100 UCITS ETF has an expense ratio of 0.13% a year, taken from the fund's assets rather than billed to you. The fund manages about £760.0M.
Is QQQA a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Nasdaq-100 UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Does QQQA pay dividends?
No. UBS Nasdaq-100 UCITS ETF is an accumulating fund. Dividends from its holdings are reinvested inside the fund, so nothing is paid out to you and there is no dividend to declare in India.
What tax do I pay in India when I sell QQQA?
In India, gains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation, and gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the GBP/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.