Hong Kong Stock Exchange · ETF
Invest in 2845 ETF from India
Indian and foreign residents can buy Global X China Electric Vehicle and Battery ETF (2845) units directly through Paasa.
By Paasa · Updated
2845 at a glance
- Price
- HK$85.52+HK$0.24 (0.28%)
- Expense ratio
- 0.68%
- Day range
- HK$85.00 – HK$85.80
- Assets
- HK$777.6M
- Domicile
- Hong Kong
- Holdings
- 30
- Launched
- 2020
- Dividends
- —
- 1 month
- -12.09%
- 6 months
- -25.02%
- YTD
- -22.01%
- 1 year
- -26.34%
- 5 years
- -49.87%
Price change, excluding dividends.
Top 10 holdings
- 1BYD20.2%
- 2CONTEMPORARY AMPEREX TECHN19.3%
- 3SHENZHEN INOVANCE TECHNOLO4.9%
- 4ZHEJIANG SANHUA INTELLIGEN4.7%
- 5FUYAO GLASS INDUSTRY GROUP4.6%
- 6EVE ENERGY3.9%
- 7GANFENG LITHIUM GROUP CO L3.1%
- 8LI AUTO INC-CLASS A2.8%
- 9TIANQI LITHIUM CORP2.7%
- 10GUANGZHOU TINCI MATERIALS2.7%
2845 holds 30 securities in total. These 10 are 69.0% of the fund.
Where the money is invested
Sectors
- Industrials50.5%
- Consumer Cyclical34.9%
- Basic Materials13.5%
- Technology1.1%
Countries
- China60.2%
- Other39.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| CAUTLSEGlobal X China Electric Vehicle and Battery UCITS ETF | 0.68% | 20.7M |
Assets are shown in each fund's own reporting currency.
How to invest in 2845 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 2845 and buy
Find the fund by its ticker, 2845, 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 2845 from India
What 2845 holds
This passively managed exchange-traded fund (ETF) aims to provide investment results that closely mirror the performance of the Solactive China Electric Vehicle Index NTR, calculated before the subtraction of any applicable fees and expenses.
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 2845 from India?
Yes. Indian residents can buy Global X China Electric Vehicle and Battery ETF (2845) 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 2845 invest in?
Global X China Electric Vehicle and Battery ETF holds 30 securities. Its largest holdings are BYD (20.2%), CONTEMPORARY AMPEREX TECHN (19.3%) and SHENZHEN INOVANCE TECHNOLO (4.9%). Industrials is its largest sector at 50.5%. The fund is domiciled in Hong Kong.
What is the expense ratio of 2845?
Global X China Electric Vehicle and Battery 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$777.6M.
What tax do I pay in India when I sell 2845?
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 2845 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$85.52 a unit, size the order by the lot.