Hong Kong Stock Exchange · ETF
Invest in 2836 ETF from India
Indian and foreign residents can buy iShares Core SENSEX India ETF Counter (2836) units directly through Paasa.
By Paasa · Updated
2836 at a glance
- Price
- HK$33.72+HK$0.16 (0.48%)
- Expense ratio
- 0.25%
- Day range
- HK$33.66 – HK$33.78
- Assets
- HK$4.4B
- Domicile
- Hong Kong
- Holdings
- 30
- Launched
- 2006
- Dividends
- Distributing
- 1 month
- -4.96%
- 6 months
- -1.00%
- YTD
- -15.95%
- 1 year
- -13.98%
- 5 years
- -4.58%
Price change, excluding dividends.
Top 10 holdings
- 1HDFC BANK12.7%
- 2ICICI BANK10.8%
- 3RELIANCE INDUSTRIES LTD9.2%
- 4BHARTI AIRTEL LTD6.4%
- 5LARSEN AND TOUBRO LTD5.1%
- 6STATE BANK OF INDIA4.6%
- 7INFOSYS4.1%
- 8AXIS BANK4.0%
- 9KOTAK MAHINDRA BANK LTD3.4%
- 10MAHINDRA AND MAHINDRA LTD3.1%
2836 holds 30 securities in total. These 10 are 63.4% of the fund.
Where the money is invested
Sectors
- Financial Services39.9%
- Consumer Cyclical11.1%
- Technology9.7%
- Energy9.5%
- Industrials9.4%
- Communication Services6.0%
Countries
- India99.9%
- United States0.1%
How to invest in 2836 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 2836 and buy
Find the fund by its ticker, 2836, 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 2836 from India
What 2836 holds
The investment objective of the SENSEX India ETF is to provide investment results that, before fees and expenses, closely correspond to the performance of the S&P BSE SENSEX Index. There can be no assurance that the SENSEX India ETF will achieve its investment objective.
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 2836 from India?
Yes. Indian residents can buy iShares Core SENSEX India ETF Counter (2836) 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 2836 invest in?
iShares Core SENSEX India ETF Counter holds 30 securities. Its largest holdings are HDFC BANK (12.7%), ICICI BANK (10.8%) and RELIANCE INDUSTRIES LTD (9.2%). Financial Services is its largest sector at 39.9%. It is a distributing fund domiciled in Hong Kong.
What is the expense ratio of 2836?
iShares Core SENSEX India ETF Counter has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$4.4B.
How are 2836 dividends taxed in India?
iShares Core SENSEX India ETF Counter 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 2836?
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 2836 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$33.72 a unit, size the order by the lot.