Hong Kong Stock Exchange · ETF
Invest in 2807 ETF from India
Indian and foreign residents can buy Global X China Robotics and AI ETF (2807) units directly through Paasa.
By Paasa · Updated
2807 at a glance
- Price
- HK$50.40+HK$0.10 (0.20%)
- Expense ratio
- 0.68%
- Day range
- HK$50.06 – HK$50.50
- Assets
- HK$715.0M
- Domicile
- Hong Kong
- Holdings
- 26
- Launched
- 2020
- Dividends
- —
- 1 month
- -10.10%
- 6 months
- -8.53%
- YTD
- -14.29%
- 1 year
- -23.15%
- 5 years
- -18.87%
Price change, excluding dividends.
Top 10 holdings
- 1HAN'S LASER TECHNOLOGY IN8.2%
- 2HANGZHOU HIKVISION DIGITAL8.0%
- 3HGTECH6.2%
- 4YUSHU TECHNOLOGY6.0%
- 5SUPCON TECHNOLOGY5.9%
- 6IFLYTEK5.7%
- 7SHENZHEN INOVANCE TECHNOLO5.7%
- 8BAIDU INC - SPON ADR5.4%
- 9ROBOTECHNIK INTELLIGENT TE4.8%
- 10WUHAN JINGCE ELECTRONIC GR4.4%
2807 holds 26 securities in total. These 10 are 60.3% of the fund.
Where the money is invested
Sectors
- Technology45.5%
- Industrials43.8%
- Communication Services8.1%
- Consumer Cyclical2.6%
Countries
- China68.4%
- Other31.6%
How to invest in 2807 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 2807 and buy
Find the fund by its ticker, 2807, 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 2807 from India
What 2807 holds
This fund's primary goal is to deliver investment returns that, before factoring in any fees and expenses, closely replicate the performance of the FactSet China Robotics and Artificial Intelligence 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 2807 from India?
Yes. Indian residents can buy Global X China Robotics and AI ETF (2807) 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 2807 invest in?
Global X China Robotics and AI ETF holds 26 securities. Its largest holdings are HAN'S LASER TECHNOLOGY IN (8.2%), HANGZHOU HIKVISION DIGITAL (8.0%) and HGTECH (6.2%). Technology is its largest sector at 45.5%. The fund is domiciled in Hong Kong.
What is the expense ratio of 2807?
Global X China Robotics and AI ETF has an expense ratio of 0.68% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$715.0M.
What tax do I pay in India when I sell 2807?
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 2807 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$50.40 a unit, size the order by the lot.