Hong Kong Stock Exchange · ETF
Invest in 3195 ETF from India
Indian and foreign residents can buy Hang Seng S&P 500 Index ETF Counter (3195) units directly through Paasa.
By Paasa · Updated
3195 at a glance
- Price
- HK$12.23+HK$0.06 (0.49%)
- Expense ratio
- 0.79%
- Day range
- HK$12.19 – HK$12.30
- Assets
- HK$1.6B
- Domicile
- Hong Kong
- Holdings
- —
- Launched
- 2024
- Dividends
- —
- 1 month
- +0.58%
- 6 months
- +18.05%
- YTD
- +13.03%
- 1 year
- +17.94%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CorporationNVDA8.2%
- 2Apple IncAAPL7.4%
- 3Microsoft CorporationMSFT5.6%
- 4Amazon.com IncAMZN3.7%
- 5Alphabet (Class A)GOOGL3.0%
- 6Meta Platforms IncMETA2.6%
- 7Broadcom IncAVGO2.5%
- 8Alphabet (Class C)GOOG2.4%
- 9Micron Technology IncMU1.8%
- 10Tesla IncTSLA1.6%
These 10 are 38.8% of the fund.
Where the money is invested
Sectors
- Technology38.6%
- Financial Services11.5%
- Communication Services9.9%
- Consumer Cyclical9.5%
- Healthcare8.9%
- Industrials8.4%
Countries
- United States97.5%
- Ireland1.1%
- Other0.5%
- United Kingdom0.4%
- Switzerland0.3%
- Netherlands0.1%
How to invest in 3195 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 3195 and buy
Find the fund by its ticker, 3195, 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 3195 from India
What 3195 holds
This investment vehicle is engineered to closely mirror the comprehensive performance of the S&P 500 Index. Its fundamental aim is to replicate the benchmark's total return, expressed in US dollars and net of any applicable withholding taxes, before the deduction of its own management fees and operational 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 3195 from India?
Yes. Indian residents can buy Hang Seng S&P 500 Index ETF Counter (3195) 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 3195 invest in?
Its largest holdings are NVIDIA Corporation (8.2%), Apple Inc (7.4%) and Microsoft Corporation (5.6%). Technology is its largest sector at 38.6%. The fund is domiciled in Hong Kong.
What is the expense ratio of 3195?
Hang Seng S&P 500 Index ETF Counter has an expense ratio of 0.79% a year, taken from the fund's assets rather than billed to you. The fund manages about HK$1.6B.
What tax do I pay in India when I sell 3195?
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 3195 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$12.23 a unit, size the order by the lot.