London Stock Exchange ETF segment · UCITS ETF
Invest in ASHR ETF from India
Indian and foreign residents can buy Xtrackers Harvest CSI300 UCITS ETF (ASHR) units directly through Paasa.
By Paasa · Updated
ASHR at a glance
- Price
- $12.65+$0.07 (0.52%)
- Expense ratio
- 0.65%
- Day range
- $12.62 – $12.68
- Assets
- $312.5M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2014
- Dividends
- Distributing
- 1 month
- -5.07%
- 6 months
- +0.60%
- YTD
- -1.52%
- 1 year
- +0.12%
- 5 years
- -14.85%
Price change, excluding dividends.
Top 10 holdings
- 1ZHONGJI INNOLIGHT A3.7%
- 2KWEICHOW MOUTAI A3.2%
- 3CONTEMPORARY AMPEREX TECHNOLOGY A3.1%
- 4PING AN INSURANCE (GROUP) OF CHINA2.3%
- 5EOPTOLINK TECHNOLOGY INC A2.2%
- 6CHINA MERCHANTS BANK A2.0%
- 7ZIJIN MINING GROUP LTD A2.0%
- 8MIDEA GROUP A1.7%
- 9WUXI APPTEC A1.6%
- 10CHINA YANGTZE POWER LTD A1.4%
These 10 are 23.1% of the fund.
Where the money is invested
Sectors
- Technology29.5%
- Financial Services20.5%
- Industrials15.5%
- Basic Materials9.4%
- Consumer Defensive6.5%
- Consumer Cyclical6.1%
Countries
- China99.9%
- United States0.1%
How to invest in ASHR 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.
Step 3
Search ASHR and buy
Find the fund by its ticker, ASHR, on the London Stock Exchange ETF segment, and place your order.
Why invest in ASHR from India
What ASHR holds
This fund aims to replicate the performance of the CSI 300 Total Return Net Index, which focuses on China's leading blue-chip corporations. The index comprises the 300 most prominent and actively traded A-Share stocks, denominated in CNY and listed on both the Shenzhen and Shanghai Stock Exchanges.
Outside US estate tax
ASHR is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
ASHR is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
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.
Why ASHR's UCITS structure matters for Indian investors
ASHR is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy ASHR from India?
Yes. Indian residents can buy Xtrackers Harvest CSI300 UCITS ETF (ASHR) through Paasa. It is listed on the London Stock Exchange ETF segment 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.
What does ASHR invest in?
Its largest holdings are ZHONGJI INNOLIGHT A (3.7%), KWEICHOW MOUTAI A (3.2%) and CONTEMPORARY AMPEREX TECHNOLOGY A (3.1%). Technology is its largest sector at 29.5%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of ASHR?
Xtrackers Harvest CSI300 UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about $312.5M.
Is ASHR a UCITS ETF, and why does that matter for Indian investors?
Yes. Xtrackers Harvest CSI300 UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
How are ASHR dividends taxed in India?
Xtrackers Harvest CSI300 UCITS 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 ASHR?
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.