Invest in AICH ETF from India

Yes. Indian residents can buy China AI ETF (AICH) through Paasa. It is listed on NASDAQ and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.

Its largest holdings are First American Government Obligations Fund 12/01/2031 (10.8%), Zhongji Innolight Co Ltd (6.7%) and Hygon Information Technology Co Ltd (6.6%). The fund is domiciled in the US.

China AI ETF has an expense ratio of 0.76% a year, taken from the fund's assets rather than billed to you. The fund manages about $1.4M.

The US does not levy capital gains tax on shares for Indian residents. 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 USD/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.

Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $26.81, and there is no minimum trade size.

US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.