Hong Kong Stock Exchange · ETF
Invest in 2800 ETF from India
Indian and foreign residents can buy Tracker Fund Of Hong Kong (2800) units directly through Paasa.
By Paasa · Updated
2800 at a glance
- Price
- HK$25.26+HK$0.12 (0.48%)
- Expense ratio
- 0.06%
- Day range
- HK$24.94 – HK$25.28
- Assets
- HK$139.9B
- Domicile
- Hong Kong
- Holdings
- —
- Launched
- 1999
- Dividends
- Distributing
- 1 month
- -3.29%
- 6 months
- +1.04%
- YTD
- -3.07%
- 1 year
- -8.21%
- 5 years
- +0.16%
Price change, excluding dividends.
Top 10 holdings
- 1ALIBABA GROUP HOLDING LTD8.0%
- 2TENCENT HLDGS LTD8.0%
- 3HSBC HLDGS PLC7.9%
- 4CHINA CONSTRUCTION BANK H SHS5.5%
- 5AIA GROUP LTD4.6%
- 6INDUSTRIAL AND COMM BANK OF CHINA H SHS3.7%
- 7CHINA MOBILE LTD2.9%
- 8XIAOMI CORP2.8%
- 9HONG KONG EXCHANGES AND CLEARING LTD2.8%
- 10BANK OF CHINA LTD H SHS2.5%
These 10 are 48.9% of the fund.
Where the money is invested
Sectors
- Financial Services34.0%
- Consumer Cyclical17.1%
- Communication Services16.0%
- Technology6.7%
- Industrials5.3%
- Healthcare5.2%
Countries
- China61.0%
- Hong Kong27.0%
- United Kingdom7.9%
- Other1.8%
- Switzerland1.5%
- Singapore0.7%
How to invest in 2800 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 HKD when you buy.
Step 3
Search 2800 and buy
Find the fund by its ticker, 2800, on the Hong Kong Stock Exchange, and place your order. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
Why invest in 2800 from India
What 2800 holds
The Tracker Fund of Hong Kong (TraHK) is a Hong Kong-registered ETF that seeks to deliver investment results closely corresponding to the performance of the Hang Seng Index. The fund achieves this by investing all, or substantially all, of its assets in index shares at substantially the same weightings as they appear in the Hang Seng Index.
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.
Frequently asked questions
Can I buy 2800 from India?
Yes. Indian residents can buy Tracker Fund Of Hong Kong (2800) through Paasa. It is listed on the Hong Kong Stock Exchange and trades in HKD. 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 2800 invest in?
Its largest holdings are ALIBABA GROUP HOLDING LTD (8.0%), TENCENT HLDGS LTD (8.0%) and HSBC HLDGS PLC (7.9%). Financial Services is its largest sector at 34.0%. It is a distributing fund domiciled in Hong Kong.
What is the expense ratio of 2800?
Tracker Fund Of Hong Kong has an expense ratio of 0.06% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$139.9B.
How are 2800 dividends taxed in India?
Tracker Fund Of Hong Kong 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 2800?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks. 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 HKD/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.
Can I buy a single 2800 unit?
Usually more than one, and not a fraction: many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. At HK$25.26 a unit, size the order by the lot.