London Stock Exchange ETF segment · UCITS ETF
Invest in QYLD ETF from India
Indian and foreign residents can buy Global X Nasdaq 100 Covered Call UCITS ETF (QYLD) units directly through Paasa.
By Paasa · Updated
QYLD at a glance
- Price
- $17.01+$0.02 (0.13%)
- Expense ratio
- 0.45%
- Day range
- $16.91 – $17.07
- Assets
- $842.6M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- +0.48%
- 6 months
- +6.86%
- YTD
- +1.38%
- 1 year
- +5.86%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1JOHNSON & JOHNSON6.8%
- 2VALERO ENERGY CORP6.5%
- 3AMAZON.COM INC6.2%
- 4LOCKHEED MARTIN CORP6.2%
- 5LINDE PLC5.6%
- 6NVIDIA CORP4.5%
- 7APPLE INC4.5%
- 8APPLIED MATERIALS INC4.4%
- 9EXXONMOBIL HOLDINGS CORP4.3%
- 10JPMORGAN CHASE & CO4.3%
These 10 are 53.5% of the fund.
Where the money is invested
Sectors
- Technology20.8%
- Industrials20.2%
- Financial Services15.5%
- Healthcare11.8%
- Energy10.7%
- Consumer Cyclical6.9%
Countries
- United States90.4%
- United Kingdom5.6%
- Ireland3.0%
- Other1.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| QYLDNASDAQGlobal X - Nasdaq 100 Covered Call ETF | 0.6% | 8.5B |
| QYLULSEGlobal X - Nasdaq 100 Covered Call UCITS ETF | 0.45% | 946.0M |
Assets are shown in each fund's own reporting currency.
How to invest in QYLD 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.
Step 3
Search QYLD and buy
Find the fund by its ticker, QYLD, on the London Stock Exchange ETF segment, and place your order.
Why invest in QYLD from India
What QYLD holds
The investment objective of the Fund is to provide investment results that closely correspond, before fees and expenses, generally to the price and yield performance of the CBOE NASDAQ-100 BuyWrite V2 UCITS Index (the Index)
Outside US estate tax
QYLD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
QYLD is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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 QYLD's UCITS structure matters for Indian investors
QYLD 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 QYLD from India?
Yes. Indian residents can buy Global X Nasdaq 100 Covered Call UCITS ETF (QYLD) through Paasa. It is listed on the London Stock Exchange ETF segment and trades in US dollars. 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 QYLD invest in?
Its largest holdings are JOHNSON & JOHNSON (6.8%), VALERO ENERGY CORP (6.5%) and AMAZON.COM INC (6.2%). Technology is its largest sector at 20.8%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of QYLD?
Global X Nasdaq 100 Covered Call UCITS ETF has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $842.6M.
Is QYLD a UCITS ETF, and why does that matter for Indian investors?
Yes. Global X Nasdaq 100 Covered Call 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.
How are QYLD dividends taxed in India?
Global X Nasdaq 100 Covered Call UCITS ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell QYLD?
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 USD/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.