London Stock Exchange ETF segment · UCITS ETF
Invest in SGQX ETF from India
Indian and foreign residents can buy Amundi Global Equity Quality UCITS ETF (SGQX) units directly through Paasa.
By Paasa · Updated
SGQX at a glance
- Price
- £229.10-£0.60 (0.26%)
- Expense ratio
- 0.45%
- Day range
- £229.10 – £230.70
- Assets
- £167.8M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2014
- Dividends
- Accumulating
- 1 month
- -5.25%
- 6 months
- -0.22%
- YTD
- +6.97%
- 1 year
- +10.36%
- 5 years
- +65.39%
Price change, excluding dividends.
Top 10 holdings
- 1MICRON TECHNOLOGY INC6.7%
- 2TESLA INC6.7%
- 3APPLE INC6.4%
- 4COSTCO WHOLESALE CORP6.1%
- 5CHEVRON CORP5.8%
- 6ADVANCED MICRO DEVICES5.3%
- 7UNITEDHEALTH GROUP INC4.6%
- 8QUALCOMM INC4.6%
- 9ELI LILLY & CO4.6%
- 10MERCK & CO. INC.4.6%
These 10 are 55.4% of the fund.
Where the money is invested
Sectors
- Technology48.3%
- Healthcare15.3%
- Consumer Defensive11.5%
- Communication Services7.9%
- Consumer Cyclical6.7%
- Energy5.6%
Countries
- United States100.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| FGQILSEFidelity Global Quality Income UCITS ETF | 0.4% | 1.1B |
| FGQPLSEFidelity Global Quality Income UCITS ETF INC-GBP (hedged) | 0.45% | 1.1B |
| FGEUXETRAFidelity Global Quality Income UCITS ETF INC-EUR (hedged) | 0.45% | 1.1B |
| LGQIXETRAAmundi Global Equity Quality Income UCITS ETF DIST | 0.45% | 195.6M |
| SGQDLSEAmundi Global Equity Quality Income UCITS ETF Acc | 0.45% | 222.5M |
Assets are shown in each fund's own reporting currency.
How to invest in SGQX 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 SGQX and buy
Find the fund by its ticker, SGQX, on the London Stock Exchange ETF segment, and place your order.
Why invest in SGQX from India
What SGQX holds
This UCITS-compliant exchange-traded fund from Amundi aims to mirror the performance of the SG Global Quality Income NTR index. It incorporates a monthly currency hedging strategy to counteract fluctuations between the index's constituent currencies and the Great British Pound, providing an effective method for managing foreign exchange exposure.
Outside US estate tax
SGQX is domiciled in Luxembourg, 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 SGQX'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 SGQX's UCITS structure matters for Indian investors
SGQX is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy SGQX from India?
Yes. Indian residents can buy Amundi Global Equity Quality UCITS ETF (SGQX) 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 SGQX invest in?
Its largest holdings are MICRON TECHNOLOGY INC (6.7%), TESLA INC (6.7%) and APPLE INC (6.4%). Technology is its largest sector at 48.3%. It is an accumulating fund domiciled in Luxembourg.
What is the expense ratio of SGQX?
Amundi Global Equity Quality 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 £167.8M.
Is SGQX a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi Global Equity Quality UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
Does SGQX pay dividends?
No. Amundi Global Equity Quality 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 SGQX?
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.