Hong Kong Stock Exchange · ETF
Invest in 3033 ETF from India
Indian and foreign residents can buy CSOP Hang Seng TECH Index ETF (3033) units directly through Paasa.
By Paasa · Updated
3033 at a glance
- Price
- HK$4.24-HK$0.03 (0.75%)
- Expense ratio
- 1.04%
- Day range
- HK$4.16 – HK$4.27
- Assets
- HK$61.7B
- Domicile
- Hong Kong
- Holdings
- 30
- Launched
- 2020
- Dividends
- —
- 1 month
- -6.61%
- 6 months
- -9.40%
- YTD
- -22.34%
- 1 year
- -30.03%
- 5 years
- -31.11%
Price change, excluding dividends.
Top 10 holdings
- 1LENOVO GROUP LTD0992.HK8.4%
- 2TENCENT HOLDINGS LTD0700.HK8.4%
- 3ALIBABA GROUP HOLDING LTD9988.HK8.3%
- 4NETEASE INC9999.HK8.1%
- 5XIAOMI CORP-CLASS B1810.HK7.9%
- 6MEITUAN DIANPING-CLASS B3690.HK7.9%
- 7SEMICONDUCTOR MANUFACTURING0981.HK7.8%
- 8BYD CO LTD1211.HK7.5%
- 9JD.COM INC - CL A9618.HK4.9%
- 10BAIDU INC-CLASS A9888.HK4.1%
3033 holds 30 securities in total. These 10 are 73.3% of the fund.
Where the money is invested
Countries
- China88.0%
- Hong Kong8.6%
- Singapore3.3%
- Other0.1%
How to invest in 3033 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 3033 and buy
Find the fund by its ticker, 3033, 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 3033 from India
What 3033 holds
The primary goal of the CSOP Hang Seng TECH ETF is to replicate the returns of the Hang Seng TECH Index as accurately as possible, prior to any deductions for fees and expenses. Nevertheless, the complete achievement of this investment objective cannot be assured.
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 3033 from India?
Yes. Indian residents can buy CSOP Hang Seng TECH Index ETF (3033) 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 3033 invest in?
CSOP Hang Seng TECH Index ETF holds 30 securities. Its largest holdings are LENOVO GROUP LTD (8.4%), TENCENT HOLDINGS LTD (8.4%) and ALIBABA GROUP HOLDING LTD (8.3%). The fund is domiciled in Hong Kong.
What is the expense ratio of 3033?
CSOP Hang Seng TECH Index ETF has an expense ratio of 1.04% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$61.7B.
What tax do I pay in India when I sell 3033?
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 3033 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$4.24 a unit, size the order by the lot.