Invesco MSCI China Technology All Shares Stock Connect UCITS ETF
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (LSE: MCHT) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at $28.46 (about ₹2,729 a unit) as of 25 Sep 2026, 11:27 AM ET. It has an expense ratio of 0.49%. Indian residents can buy MCHT through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$28.38
Today's high
$28.53
52 week low
$28.38
52 week high
$37.37
MCHT opened at $28.53, closed previously at $28.55, and has traded between $28.38 and $37.37 over the past 52 weeks.
About
This Invesco ETF (Invesco MSCI China Technology All Shares Stock Connect UCITS ETF Acc) aims to replicate the net total return of its benchmark, the MSCI China Technology All Shares Stock Connect Select Index (referred to as the "Reference Index"), after accounting for management fees. The Reference Index is designed to capture the performance of Chinese enterprises that generate a substantial portion of their income from technological innovations across various sectors. These areas include internet services, digital transformation, mobile technology, autonomous systems, industrial automation, and digital healthcare. To achieve this, a "relevance score" is attributed to each stock within the broader MSCI China All Shares Stock Connect Index, quantifying the percentage of its revenues derived from these tech-focused activities. Companies with a relevance score of 25% or less, along with the least liquid securities, are filtered out. The final index then comprises the 100 largest remaining companies, with their weighting determined by multiplying their individual relevance score by their free-float market capitalization. To mitigate concentration risk, no single issuer is permitted to exceed 10% of the Reference Index's total value. The fund endeavors to fulfill its objective by, as far as practicable, acquiring and holding all the securities of the Reference Index in their correct proportions. The portfolio is adjusted twice annually, mirroring the Reference Index's semi-annual rebalancing schedule. This ETF operates as a passively managed, index-tracking vehicle. Investors should understand that purchasing this fund constitutes an acquisition of its units, not direct ownership of the underlying assets held within the fund.
Key statistics
Expense ratio
0.49%
Assets (AUM)
$150.5M
Holdings
—
NAV
$28.45
Avg. volume
—
1-year price change
-18.90%
5-year price change
-24.79%
Price change excludes dividends.
Top 10 holdings
These 10 are 53.2% of the fund.
Where the money is invested
Countries
How to buy MCHT from India
Indian residents can buy MCHT units through Paasa in three steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers.
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.
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.
Search MCHT and buy
Find the fund by its ticker, MCHT, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in MCHT from India
Trading and taxes when buying MCHT from India
Trading and limits
- Trading hours
- 8:00 am – 4:30 pm UK
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
Custody. Units are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
What is the MCHT price today?
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (MCHT) last traded at $28.46 on the London Stock Exchange ETF segment, as of 25 Sep 2026, 11:27 AM ET. That is ₹2,729 a unit at the 26 Sep 2026 USD/INR rate.
When does MCHT trade, in Indian time?
The London Stock Exchange ETF segment trades 12:30 pm – 9:00 pm IST. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.
How big is MCHT, and what does it cost to hold?
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF manages about $150.5M. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2021.
Is MCHT a UCITS ETF?
Yes. Invesco MSCI China Technology All Shares Stock Connect UCITS ETF is a UCITS fund domiciled in Ireland, set up under the European Union's UCITS rules for funds sold across Europe. It is listed on the London Stock Exchange ETF segment and trades in US dollars.
What are MCHT's largest holdings?
The top three are TENCENT HOLDINGS LTD HKD0.00002 (11.0%), ALIBABA GROUP HOLDING LTD HKD 0.0000 (9.6%) and XIAOMI CORP-CLASS B USD0.0000025 (6.8%). MCHT's 10 largest positions make up 53.2% of the fund.
Is MCHT subject to US estate tax?
No. Because MCHT is domiciled in Ireland rather than the US, it is not a US-situs asset, so US estate tax does not apply to it. US-listed ETFs held directly can be taxed at up to 40% above $60,000 when they pass to your family.
How are US dividends taxed inside MCHT?
The US withholds 15% on dividends from the US shares the fund holds, and that tax is paid inside the fund. You cannot claim it as a Foreign Tax Credit in India.
How are gains on MCHT taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
How has MCHT performed?
MCHT's price is down 18.9% over the past year and down 24.8% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MCHT different from a US-listed ETF?
MCHT is domiciled in Ireland rather than the US. That keeps it outside US estate tax, and dividend withholding on its US shares is 15%, paid inside the fund, instead of the 25% withheld on a US-listed ETF. The 25% can generally be claimed as a credit in India; the 15% cannot. Capital gains on both are taxed the same way in India.