Hong Kong Stock Exchange · ETF
Invest in 3191 ETF from India
Indian and foreign residents can buy Global X China Semiconductor ETF (3191) units directly through Paasa.
By Paasa · Updated
3191 at a glance
- Price
- HK$80.50-HK$0.02 (0.02%)
- Expense ratio
- 0.68%
- Day range
- HK$78.30 – HK$81.10
- Assets
- HK$3.4B
- Domicile
- Hong Kong
- Holdings
- 21
- Launched
- 2020
- Dividends
- —
- 1 month
- -7.70%
- 6 months
- +43.34%
- YTD
- +35.89%
- 1 year
- +28.76%
- 5 years
- +29.84%
Price change, excluding dividends.
Top 10 holdings
- 1CAMBRICON TECHNOLOGIES9.5%
- 2NAURA TECHNOLOGY GROUP9.0%
- 3ADVANCED MICRO-FABRICATION8.9%
- 4CXMT CORP8.4%
- 5SEMICONDUCTOR MANUFACTURIN8.3%
- 6HYGON INFORMATION TECHNOLO7.7%
- 7GIGADEVICE SEMICONDUCTO-CL A7.7%
- 8MONTAGE TECHNOLOGY7.6%
- 9HANGZHOU CHANG CHUAN TECHN4.3%
- 10PIOTECH INC3.7%
3191 holds 21 securities in total. These 10 are 75.2% of the fund.
Where the money is invested
Countries
- China53.2%
- Other46.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| SMHCNASDAQVanEck China Semiconductor ETF | 0.65% | 17.7M |
Assets are shown in each fund's own reporting currency.
How to invest in 3191 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 3191 and buy
Find the fund by its ticker, 3191, 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 3191 from India
What 3191 holds
Investments in equity securities made by the Global X China Semiconductor ETFs (the Funds) are exposed to inherent general market risks, meaning their value can fluctuate significantly due to factors like evolving investor sentiment, prevailing political and economic conditions, and circumstances unique to particular issuers.
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 3191 from India?
Yes. Indian residents can buy Global X China Semiconductor ETF (3191) 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 3191 invest in?
Global X China Semiconductor ETF holds 21 securities. Its largest holdings are CAMBRICON TECHNOLOGIES (9.5%), NAURA TECHNOLOGY GROUP (9.0%) and ADVANCED MICRO-FABRICATION (8.9%). The fund is domiciled in Hong Kong.
What is the expense ratio of 3191?
Global X China Semiconductor 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$3.4B.
What tax do I pay in India when I sell 3191?
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 3191 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$80.50 a unit, size the order by the lot.