Hong Kong Stock Exchange · ETF
Invest in 3145 ETF from India
Indian and foreign residents can buy ChinaAMC Asia High Dividend ETF (3145) units directly through Paasa.
By Paasa · Updated
3145 at a glance
- Price
- HK$14.00+HK$0.04 (0.29%)
- Expense ratio
- 0.6%
- Day range
- HK$13.91 – HK$14.22
- Assets
- HK$1.6B
- Domicile
- Hong Kong
- Holdings
- —
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -6.67%
- 6 months
- -4.18%
- YTD
- +3.24%
- 1 year
- +4.17%
- 5 years
- +28.44%
Price change, excluding dividends.
Top 10 holdings
- 1Others67.2%
- 2BANK RAKYAT INDONESIA PERSER4.0%
- 3LAOPU GOLD CO L-H3.6%
- 4BANK NEGARA INDONESIA PERSER3.4%
- 5COSCO SHIPPING Energy Transportation Co Ltd3.3%
- 6PHISON ELECTRONICS CORP TWD103.3%
- 7BANK MANDIRI PERSERO TBK PT3.3%
- 8ANEKA TAMBANG TBK3.1%
- 9WT MICROELECTRONICS CO LTD3.0%
- 10CHINA HONGQIAO GROUP LTD3.0%
These 10 are 97.2% of the fund.
Where the money is invested
Sectors
- Financial Services40.1%
- Technology19.1%
- Consumer Defensive9.9%
- Utilities8.8%
- Industrials5.6%
- Basic Materials5.2%
Countries
- China32.1%
- Indonesia18.6%
- Taiwan18.1%
- Hong Kong8.1%
- India7.0%
- Australia4.4%
How to invest in 3145 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 3145 and buy
Find the fund by its ticker, 3145, 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 3145 from India
What 3145 holds
The Sub-Fund aims to closely track the performance of the specified Index, prior to accounting for fees and expenses. It is important to note, however, that the achievement of this investment target cannot be guaranteed.
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 3145 from India?
Yes. Indian residents can buy ChinaAMC Asia High Dividend ETF (3145) 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 3145 invest in?
Its largest holdings are Others (67.2%), BANK RAKYAT INDONESIA PERSER (4.0%) and LAOPU GOLD CO L-H (3.6%). Financial Services is its largest sector at 40.1%. It is a distributing fund domiciled in Hong Kong.
What is the expense ratio of 3145?
ChinaAMC Asia High Dividend ETF has an expense ratio of 0.6% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$1.6B.
How are 3145 dividends taxed in India?
ChinaAMC Asia 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 3145?
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 3145 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$14.00 a unit, size the order by the lot.