Hong Kong Stock Exchange · ETF
Invest in 3109 ETF from India
Indian and foreign residents can buy CSOP ETF Series OFC - CSOP STAR 50 Index ETF (3109) units directly through Paasa.
By Paasa · Updated
3109 at a glance
- Price
- HK$15.37+HK$0.17 (1.12%)
- Expense ratio
- 1.16%
- Day range
- HK$15.11 – HK$15.43
- Assets
- HK$514.0M
- Domicile
- Hong Kong
- Holdings
- 50
- Launched
- 2021
- Dividends
- —
- 1 month
- -5.47%
- 6 months
- +24.86%
- YTD
- +21.41%
- 1 year
- +13.18%
- 5 years
- +5.42%
Price change, excluding dividends.
Top 10 holdings
- 1CAMBRICON TECHNOLOGIES-A688256.SS9.9%
- 2ADVANCED MICRO-FABRICATION-A688012.SS7.9%
- 3MONTAGE TECHNOLOGY CO LTD-A688008.SS7.6%
- 4SEMICONDUCTOR MANUFACTURIN-A688981.SS7.6%
- 5HYGON INFORMATION TECHNOLO-A688041.SS7.2%
- 6YUANJIE SEMICONDUCTOR TECH-A688498.SS5.8%
- 7PIOTECH INC-A688072.SS4.8%
- 8HWATSING TECHNOLOGY CO LTD-A (SWAP)688120.SS3.4%
- 9HUA HONG GRACE SEMICONDUCT-A688347.SS3.2%
- 10SKYVERSE TECHNOLOGY CO LTD-A688361.SS3.1%
3109 holds 50 securities in total. These 10 are 60.5% of the fund.
Where the money is invested
Sectors
- Technology84.9%
- Industrials3.9%
- Healthcare2.7%
- Energy0.9%
- Consumer Cyclical0.8%
- Basic Materials0.3%
Countries
- China99.1%
- Other0.9%
How to invest in 3109 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 3109 and buy
Find the fund by its ticker, 3109, 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 3109 from India
What 3109 holds
This fund aims to provide returns that closely mimic the performance of its benchmark index, prior to the subtraction of any associated fees or 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 3109 from India?
Yes. Indian residents can buy CSOP ETF Series OFC - CSOP STAR 50 Index ETF (3109) 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 3109 invest in?
CSOP ETF Series OFC - CSOP STAR 50 Index ETF holds 50 securities. Its largest holdings are CAMBRICON TECHNOLOGIES-A (9.9%), ADVANCED MICRO-FABRICATION-A (7.9%) and MONTAGE TECHNOLOGY CO LTD-A (7.6%). Technology is its largest sector at 84.9%. The fund is domiciled in Hong Kong.
What is the expense ratio of 3109?
CSOP ETF Series OFC - CSOP STAR 50 Index ETF has an expense ratio of 1.16% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$514.0M.
What tax do I pay in India when I sell 3109?
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 3109 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$15.37 a unit, size the order by the lot.