XETRA · UCITS ETF
Invest in UEQD ETF from India
Indian and foreign residents can buy UBS Core S&P 500 UCITS ETF hEUR (UEQD) units directly through Paasa.
By Paasa · Updated
UEQD at a glance
- Price
- €35.78-€0.06 (0.16%)
- Expense ratio
- 0.06%
- Day range
- €35.78 – €35.95
- Assets
- €4.4B
- Domicile
- Ireland
- Holdings
- 498
- Launched
- 2016
- Dividends
- Accumulating
- 1 month
- -1.26%
- 6 months
- +18.97%
- YTD
- +10.04%
- 1 year
- +13.82%
- 5 years
- +66.24%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CORP8.3%
- 2APPLE INC7.5%
- 3MICROSOFT CORP5.7%
- 4AMAZON.COM INC3.7%
- 5ALPHABET INC-CL A3.0%
- 6BROADCOM INC2.6%
- 7META PLATFORMS INC-CLASS A2.5%
- 8ALPHABET INC-CL C2.4%
- 9MICRON TECHNOLOGY INC1.8%
- 10TESLA INC1.6%
UEQD holds 498 securities in total. These 10 are 39.2% of the fund.
Where the money is invested
Sectors
- Technology40.0%
- Financial Services11.3%
- Communication Services10.0%
- Healthcare9.2%
- Consumer Cyclical8.9%
- Industrials7.6%
Countries
- United States97.4%
- Ireland1.1%
- Other0.6%
- United Kingdom0.4%
- Switzerland0.3%
- Netherlands0.1%
How to invest in UEQD 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 EUR when you buy.
Step 3
Search UEQD and buy
Find the fund by its ticker, UEQD, on XETRA, and place your order.
Why invest in UEQD from India
What UEQD holds
This investment vehicle allocates its capital predominantly to the constituent stocks of the S&P 500 Index, with each company's weighting precisely mirroring its proportional representation within that benchmark. The primary objective is to closely track the price and total return performance of the S&P 500 Index, after accounting for all fees.
Outside US estate tax
UEQD 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 UEQD'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 UEQD's UCITS structure matters for Indian investors
UEQD 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 UEQD from India?
Yes. Indian residents can buy UBS Core S&P 500 UCITS ETF hEUR (UEQD) through Paasa. It is listed on XETRA and trades in EUR. 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 UEQD invest in?
UBS Core S&P 500 UCITS ETF hEUR holds 498 securities. Its largest holdings are NVIDIA CORP (8.3%), APPLE INC (7.5%) and MICROSOFT CORP (5.7%). Technology is its largest sector at 40.0%. It is an accumulating fund domiciled in Ireland.
What is the expense ratio of UEQD?
UBS Core S&P 500 UCITS ETF hEUR has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about €4.4B.
Is UEQD a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS Core S&P 500 UCITS ETF hEUR 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 UEQD pay dividends?
No. UBS Core S&P 500 UCITS ETF hEUR 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 UEQD?
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 EUR/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.