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Singapore Exchange · Real Estate

Invest in CapitaLand Ascott Trust stock from India

Indian and foreign residents can buy CapitaLand Ascott Trust (HMN) shares directly through Paasa.

By Paasa · Updated

CapitaLand Ascott Trust at a glance

Price
S$0.83+S$0.00 (0.00%)
Market cap
S$3.18B
Day range
S$0.83 – S$0.84
P/E
12.82
Dividend yield
2.68%
Volume
5.19M
1 month
-3.51%
6 months
-7.30%
YTD
-13.61%
1 year
-11.29%
5 years
-10.81%

Live chart and statistics

CapitaLand Ascott Trust statements, FY2021–FY2025

Fiscal year20252024202320222021
RevenueS$891.6MS$809.5MS$744.6MS$621.2MS$394.4M
Gross profitS$474.4MS$370.9MS$304.0MS$282.8MS$173.3M
Operating incomeS$330.0MS$292.8MS$293.0MS$198.1MS$124.7M
Net incomeS$327.6MS$241.2MS$231.3MS$223.3MS$309.3M
Earnings per shareS$0.08S$0.06S$0.06S$0.06S$0.09
EBITDAS$367.5MS$450.7MS$466.9MS$233.9MS$157.4M
Total assetsS$8.9BS$8.8BS$8.7BS$8.0BS$7.7B
Total debtS$3.4BS$3.4BS$3.3BS$3.1BS$3.0B
Cash and short-term investmentsS$614.1MS$644.1MS$432.8MS$363.6MS$346.3M
Shareholders' equityS$4.5BS$4.8BS$4.8BS$4.4BS$4.3B
Operating cash flowS$245.6MS$317.2MS$300.7MS$282.3MS$145.6M
Free cash flowS$137.1MS$287.0MS$138.6MS$233.8MS$38.8M
Capital expenditure−S$108.5M−S$30.2M−S$162.1M−S$48.5M−S$106.9M

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in SGD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Keppel DC REITAJBU.SIS$2.11S$5.16B
Singapore LandU06.SIS$3.09S$4.43B
Frasers Centrepoint TrustJ69U.SIS$2.09S$4.26B
Suntec Real Estate Investment TrustT82U.SIS$1.33S$3.93B
Frasers PropertyTQ5.SIS$0.97S$3.81B
Frasers Logistics & Commercial TrustBUOU.SIS$0.88S$3.35B
Keppel REITK71U.SIS$0.85S$3.33B
GuocoLandF17.SIS$2.31S$2.66B

Peers as grouped by the data provider. This is not an investment recommendation.

How to invest in CapitaLand Ascott Trust from India

  1. 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.

  2. 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 SGD when you buy.

  3. Step 3

    Search HMN and buy

    Find CapitaLand Ascott Trust by name or by its ticker, HMN, and place your order.

Why invest in CapitaLand Ascott Trust from India

What CapitaLand Ascott Trust does

Ascott Residence Trust (ART), which began trading on the Singapore Exchange Securities Trading Limited (SGX-ST) in March 2006, stands as the largest hospitality trust across the Asia Pacific region. By December 31, 2020, its comprehensive portfolio was valued at S$7.2 billion. CapitaLand Ascott Trust operates in the REIT - Diversified industry within the Real Estate sector.

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 CapitaLand Ascott Trust stock from India?

Yes. Indian residents and NRIs can buy CapitaLand Ascott Trust (HMN) shares directly through Paasa. CapitaLand Ascott Trust is listed on the Singapore Exchange, in the REIT - Diversified industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

How are CapitaLand Ascott Trust dividends taxed for Indian investors?

Singapore levies 0% withholding tax on dividends from resident companies. Dividends are taxed at your slab rate in India. CapitaLand Ascott Trust’s current yield is 2.68%. Paasa's dividend report lists the gross dividend and any tax withheld for each payment, which is what you need when you file.

What tax do I pay in India when I sell CapitaLand Ascott Trust shares?

Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares 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 SGD/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.

Would my heirs owe estate tax on CapitaLand Ascott Trust shares?

Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.

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