Invesco MSCI China Technology All Shares Stock Connect UCITS ETF
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (LSE: MCTS) is an exchange-traded fund listed on the London Stock Exchange ETF segment, trading at £20.82 (about ₹2,651 a unit) as of 1 Oct 2026, 11:16 AM ET. It has an expense ratio of 0.49%. Indian residents can buy MCTS through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
£20.72
Today's high
£21.01
52 week low
£20.72
52 week high
£34.47
MCTS opened at £20.88, closed previously at £20.91, and has traded between £20.72 and £34.47 over the past 52 weeks.
About
This Invesco ETF endeavors to deliver the net total return of the MSCI China Technology All Shares Stock Connect Select Index (referred to as the "Benchmark Index"), accounting for all associated fees. The Benchmark Index tracks Chinese enterprises that derive a substantial portion of their earnings from advancements in technological innovation, specifically in areas such as digital connectivity, autonomous systems, mobile technology, industrial automation, and digital healthcare solutions. To achieve this, a "relevance metric" is assigned to each stock within the broader MSCI China All Shares Stock Connect Index, quantifying the percentage of its revenue generated from these specified business activities. Companies with a relevance metric of 25% or less are excluded, as are those deemed to have insufficient liquidity. From the remaining pool, the 100 largest firms are chosen for inclusion in the final Benchmark Index. Their individual weightings are determined by multiplying their relevance metric by their free-float market capitalization. To manage concentration risk, no single issuer can constitute more than 10% of the Benchmark Index. The fund aims to achieve its investment objective by physically holding, to the greatest extent practicable, all the securities comprising the Benchmark Index in their exact proportions. Its holdings will be adjusted in accordance with the Benchmark Index's semi-annual rebalancing schedule. This Exchange Traded Fund (ETF) operates with a passive management approach. An investment in this fund represents the purchase of units in a passively managed, index-tracking vehicle, rather than direct ownership of the underlying assets it holds.
Key statistics
Expense ratio
0.49%
Assets (AUM)
£111.4M
Holdings
—
NAV
£2,095.30
Avg. volume
6.19K
1-year price change
-23.06%
5-year price change
-24.25%
Price change excludes dividends.
Top 10 holdings
These 10 are 53.3% of the fund.
Where the money is invested
Sectors
Countries
Similar funds
This is not an investment recommendation
How to buy MCTS from India
Indian residents can buy MCTS 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, and Interactive Brokers converts the dollars to GBP when you buy.
Search MCTS and buy
Find the fund by its ticker, MCTS, on the London Stock Exchange ETF segment, and place your order.
Read the full guide: how to invest in MCTS from India
Trading and taxes when buying MCTS 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 MCTS price today?
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF (MCTS) last traded at £20.82 on the London Stock Exchange ETF segment, as of 1 Oct 2026, 11:16 AM ET. That is ₹2,651 a unit at the 30 Sep 2026 GBP/INR rate.
When does MCTS 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 MCTS, and what does it cost to hold?
Invesco MSCI China Technology All Shares Stock Connect UCITS ETF manages about £111.4M. Its expense ratio is 0.49% a year, deducted inside the fund. It launched in 2021.
Is MCTS 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 GBP.
What are MCTS's largest holdings?
The top three are TENCENT HOLDINGS LTD HKD0.00002 (11.2%), ALIBABA GROUP HOLDING LTD HKD 0.0000 (9.5%) and CONTEMPORARY AMPEREX TECHN-A CNY 1.0000 (6.7%). MCTS's 10 largest positions make up 53.3% of the fund.
Is MCTS subject to US estate tax?
No. Because MCTS 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 MCTS?
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 MCTS 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 MCTS performed?
MCTS' price is down 23.1% over the past year and down 24.3% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.
How is MCTS different from a US-listed ETF?
MCTS 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.