Hong Kong Stock Exchange · ETF
Invest in 3110 ETF from India
Indian and foreign residents can buy Global X Hang Seng High Dividend Yield ETF (3110) units directly through Paasa.
By Paasa · Updated
3110 at a glance
- Price
- HK$29.42+HK$0.28 (0.96%)
- Expense ratio
- 0.68%
- Day range
- HK$29.00 – HK$29.46
- Assets
- HK$5.6B
- Domicile
- Hong Kong
- Holdings
- 50
- Launched
- 2013
- Dividends
- Distributing
- 1 month
- -6.54%
- 6 months
- -7.89%
- YTD
- -3.54%
- 1 year
- +3.23%
- 5 years
- +12.63%
Price change, excluding dividends.
Top 10 holdings
- 1VTECH HOLDINGS3.3%
- 2SITC INTERNATIONAL HOLDINGS3.2%
- 3ONEWO INC3.1%
- 4COSCO SHIPPING HOLDINGS2.8%
- 5YUE YUEN INDUSTRIAL HLDG2.7%
- 6CATHAY PACIFIC AIRWAYS2.5%
- 7CHINA STATE CONSTRUCTION INT2.4%
- 8FAR EAST HORIZON2.4%
- 9TINGYI (CAYMAN ISLN) HLDG2.4%
- 10ORIENT OVERSEAS INTL2.3%
3110 holds 50 securities in total. These 10 are 27.0% of the fund.
Where the money is invested
Sectors
- Industrials23.1%
- Financial Services18.8%
- Real Estate14.3%
- Consumer Cyclical10.5%
- Utilities10.3%
- Consumer Defensive10.0%
Countries
- Hong Kong62.7%
- China40.6%
- Macau2.3%
How to invest in 3110 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 3110 and buy
Find the fund by its ticker, 3110, 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 3110 from India
What 3110 holds
Managed by Mirae Asset Global Investments (Hong Kong) Limited, the Global X Hang Seng High Dividend Yield ETF is an exchange-traded fund (ETF) that allocates capital to publicly traded companies within China's equity markets. This fund strategically invests in dividend-distributing large and mid-capitalization firms operating across diverse sectors.
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 3110 from India?
Yes. Indian residents can buy Global X Hang Seng High Dividend Yield ETF (3110) 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 3110 invest in?
Global X Hang Seng High Dividend Yield ETF holds 50 securities. Its largest holdings are VTECH HOLDINGS (3.3%), SITC INTERNATIONAL HOLDINGS (3.2%) and ONEWO INC (3.1%). Industrials is its largest sector at 23.1%. It is a distributing fund domiciled in Hong Kong.
What is the expense ratio of 3110?
Global X Hang Seng High Dividend Yield 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$5.6B.
How are 3110 dividends taxed in India?
Global X Hang Seng High Dividend Yield 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 3110?
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 3110 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$29.42 a unit, size the order by the lot.