London Stock Exchange ETF segment · UCITS ETF
Invest in HKDU ETF from India
Indian and foreign residents can buy UBS MSCI Hong Kong UCITS ETF A-dis Distribution (HKDU) units directly through Paasa.
By Paasa · Updated
HKDU at a glance
- Price
- $17.74+$0.12 (0.66%)
- Expense ratio
- 0.45%
- Day range
- $17.74 – $17.79
- Assets
- $103.6M
- Domicile
- Luxembourg
- Holdings
- —
- Launched
- 2015
- Dividends
- Distributing
- 1 month
- -2.70%
- 6 months
- -1.35%
- YTD
- -0.12%
- 1 year
- —
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1AIA GROUP LTD1299.HK25.2%
- 2HONG KONG EXCHANGES & CLEAR0388.HK15.4%
- 3BOC HONG KONG HOLDINGS LTD2388.HK6.1%
- 4TECHTRONIC INDUSTRIES CO LTD0669.HK5.9%
- 5CK HUTCHISON HOLDINGS LTD0001.HK5.8%
- 6SUN HUNG KAI PROPERTIES0016.HK4.5%
- 7CLP HOLDINGS LTD0002.HK4.1%
- 8LINK REIT0823.HK3.2%
- 9POWER ASSETS HOLDINGS LTD0006.HK2.7%
- 10CK ASSET HOLDINGS LTD1113.HK2.6%
These 10 are 75.6% of the fund.
Where the money is invested
Countries
- Hong Kong94.6%
- Bermuda4.5%
- Macao0.9%
How to invest in HKDU 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 HKDU and buy
Find the fund by its ticker, HKDU, on the London Stock Exchange ETF segment, and place your order.
Why invest in HKDU from India
What HKDU holds
The UBS MSCI Hong Kong UCITS ETF sub-fund aims to track, before expenses, the price and income performance of the MSCI Hong Kong Index (Net Return) (this sub-fund's Index).
Outside US estate tax
HKDU 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
HKDU 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 HKDU's UCITS structure matters for Indian investors
HKDU 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 HKDU from India?
Yes. Indian residents can buy UBS MSCI Hong Kong UCITS ETF A-dis Distribution (HKDU) 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 HKDU invest in?
Its largest holdings are AIA GROUP LTD (25.2%), HONG KONG EXCHANGES & CLEAR (15.4%) and BOC HONG KONG HOLDINGS LTD (6.1%). It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of HKDU?
UBS MSCI Hong Kong UCITS ETF A-dis Distribution has an expense ratio of 0.45% a year, taken from the fund's assets rather than billed to you. The fund manages about $103.6M.
Is HKDU a UCITS ETF, and why does that matter for Indian investors?
Yes. UBS MSCI Hong Kong UCITS ETF A-dis Distribution 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 HKDU dividends taxed in India?
UBS MSCI Hong Kong UCITS ETF A-dis Distribution 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 HKDU?
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.