London Stock Exchange ETF segment · UCITS ETF
Invest in HIDD ETF from India
Indian and foreign residents can buy HSBC MSCI Indonesia UCITS ETF (HIDD) units directly through Paasa.
By Paasa · Updated
HIDD at a glance
- Price
- $36.66-$0.11 (0.30%)
- Expense ratio
- 0.5%
- Day range
- $36.66 – $37.01
- Assets
- $231.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- -7.38%
- 6 months
- -26.39%
- YTD
- -41.68%
- 1 year
- -39.58%
- 5 years
- -49.08%
Price change, excluding dividends.
Top 10 holdings
- 1PT Bank Central Asia Tbk31.0%
- 2PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B-19.3%
- 3PT Bank Mandiri (Persero) Tbk15.6%
- 4Capital Cash Ctrl15.5%
- 5PT Telkom Indonesia (Persero) Tbk Registered Shs Series -B-10.9%
- 6PT Astra International Tbk7.7%
- 7PT Bank Negara Indonesia (Persero) Tbk Registered Shs Series -B-4.7%
- 8PT Bumi Resources Minerals Tbk3.9%
- 9PT Barito Pacific Tbk3.1%
- 10PT United Tractors Tbk3.0%
These 10 are 114.7% of the fund.
Where the money is invested
Sectors
- Financial Services69.4%
- Communication Services11.0%
- Basic Materials10.3%
- Industrials7.5%
- Consumer Defensive1.8%
- Technology0.0%
Countries
- Indonesia99.2%
- Other0.8%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| EIDOAMEXiShares MSCI Indonesia ETF | 0.59% | 430.7M |
| LYXIXETRAAmundi MSCI Indonesia UCITS ETF Acc | 0.45% | 150.6M |
Assets are shown in each fund's own reporting currency.
How to invest in HIDD 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 HIDD and buy
Find the fund by its ticker, HIDD, on the London Stock Exchange ETF segment, and place your order.
Why invest in HIDD from India
What HIDD holds
This Fund's primary goal is to closely replicate the performance of the MSCI Indonesia Index. To achieve this, it invests in or gains exposure to the equity shares of the companies that constitute the index.
Outside US estate tax
HIDD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Hold a dollar asset
HIDD 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 HIDD's UCITS structure matters for Indian investors
HIDD is domiciled in Ireland, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy HIDD from India?
Yes. Indian residents can buy HSBC MSCI Indonesia UCITS ETF (HIDD) 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 HIDD invest in?
Its largest holdings are PT Bank Central Asia Tbk (31.0%), PT Bank Rakyat Indonesia (Persero) Tbk Registered Shs Series -B- (19.3%) and PT Bank Mandiri (Persero) Tbk (15.6%). Financial Services is its largest sector at 69.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of HIDD?
HSBC MSCI Indonesia UCITS ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $231.7M.
Is HIDD a UCITS ETF, and why does that matter for Indian investors?
Yes. HSBC MSCI Indonesia UCITS ETF is a UCITS fund domiciled in Ireland. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it. On the US shares the fund holds, the 15% US dividend withholding is paid inside the fund, and you cannot claim it as a Foreign Tax Credit in India.
How are HIDD dividends taxed in India?
HSBC MSCI Indonesia 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 HIDD?
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.