Hong Kong Stock Exchange · ETF
Invest in 3031 ETF from India
Indian and foreign residents can buy Fullgoal ETF Series - Fullgoal Hang Seng HK High Dividend ETF (3031) units directly through Paasa.
By Paasa · Updated
3031 at a glance
- Price
- HK$9.56-HK$0.03 (0.26%)
- Expense ratio
- 0.5%
- Day range
- HK$9.52 – HK$9.59
- Assets
- HK$697.4M
- Domicile
- Hong Kong
- Holdings
- 50
- Launched
- 2026
- Dividends
- Distributing
- 1 month
- -1.60%
- 6 months
- +26.56%
- YTD
- +26.56%
- 1 year
- +26.56%
- 5 years
- -25.06%
Price change, excluding dividends.
Top 10 holdings
- 1China Gas Holdings Limited0384.HK3.0%
- 2Shenzhen International Holdings Limited0152.HK3.0%
- 3Xtep International Holdings Limited1368.HK2.8%
- 4China State Construction International Holdings Limited3311.HK2.7%
- 5Far East Horizon Limited3360.HK2.7%
- 6WH Group Limited0288.HK2.7%
- 7Genertec Universal Medical Group Company Limited2666.HK2.7%
- 8China Railway Group Limited0390.HK2.6%
- 9China Unicom (Hong Kong) Limited0762.HK2.6%
- 10Hengan International Group Company Limited1044.HK2.5%
3031 holds 50 securities in total. These 10 are 27.3% of the fund.
Where the money is invested
Sectors
- Industrials30.3%
- Financial Services23.1%
- Utilities12.6%
- Energy9.6%
- Communication Services6.4%
- Consumer Defensive5.8%
Countries
- Hong Kong50.1%
- China49.9%
How to invest in 3031 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 3031 and buy
Find the fund by its ticker, 3031, 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 3031 from India
What 3031 holds
ETF that was terminated, deauthorized, and delisted from The Stock Exchange of Hong Kong effective December 6, 2024. Prior to termination, aimed to track the MSCI China A ESG Universal Index, providing exposure to large and mid-cap Chinese A-shares with robust ESG profiles via Qualified Foreign Investor status and Stock Connect.
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 3031 from India?
Yes. Indian residents can buy Fullgoal ETF Series - Fullgoal Hang Seng HK High Dividend ETF (3031) 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 3031 invest in?
Fullgoal ETF Series - Fullgoal Hang Seng HK High Dividend ETF holds 50 securities. Its largest holdings are China Gas Holdings Limited (3.0%), Shenzhen International Holdings Limited (3.0%) and Xtep International Holdings Limited (2.8%). Industrials is its largest sector at 30.3%. It is a distributing fund domiciled in Hong Kong.
What is the expense ratio of 3031?
Fullgoal ETF Series - Fullgoal Hang Seng HK High Dividend ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$697.4M.
How are 3031 dividends taxed in India?
Fullgoal ETF Series - Fullgoal Hang Seng HK High Dividend ETF 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 3031?
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 3031 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$9.56 a unit, size the order by the lot.