London Stock Exchange ETF segment · UCITS ETF
Invest in HKOD ETF from India
Indian and foreign residents can buy HSBC MSCI Korea Capped UCITS ETF (HKOD) units directly through Paasa.
By Paasa · Updated
HKOD at a glance
- Price
- $156.33+$2.54 (1.65%)
- Expense ratio
- 0.5%
- Day range
- $155.42 – $157.28
- Assets
- $583.9M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- +3.96%
- 6 months
- +43.86%
- YTD
- +90.23%
- 1 year
- +141.81%
- 5 years
- +133.68%
Price change, excluding dividends.
Top 10 holdings
- 1Samsung Electronics Co Ltd005930.KS28.4%
- 2Usd Outstanding Subscriptions20.3%
- 3Krw Spot Fx Purchases Settlement20.2%
- 4SK hynix Inc000660.KS18.9%
- 5SK Square402340.KS4.3%
- 6Samsung Electronics Co Ltd Participating Preferred005935.KS3.7%
- 7Samsung Electro-Mechanics Co Ltd009150.KS3.4%
- 8KB Financial Group Inc105560.KS2.4%
- 9Capital Cash Ctrl2.0%
- 10Hyundai Motor Co005380.KS2.0%
These 10 are 105.6% of the fund.
Where the money is invested
Sectors
- Technology56.0%
- Industrials16.5%
- Financial Services11.2%
- Consumer Cyclical5.5%
- Healthcare3.3%
- Communication Services2.7%
Countries
- Korea (the Republic of)100.0%
- Other0.0%
How to invest in HKOD 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 HKOD and buy
Find the fund by its ticker, HKOD, on the London Stock Exchange ETF segment, and place your order.
Why invest in HKOD from India
What HKOD holds
This fund's primary objective is to replicate, with high fidelity, the financial performance of the MSCI Korea Capped Net Index. To achieve this, it will allocate capital to or otherwise acquire exposure to the equity holdings of the companies that constitute this specific index.
Outside US estate tax
HKOD 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
HKOD 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 HKOD's UCITS structure matters for Indian investors
HKOD 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 HKOD from India?
Yes. Indian residents can buy HSBC MSCI Korea Capped UCITS ETF (HKOD) 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 HKOD invest in?
Its largest holdings are Samsung Electronics Co Ltd (28.4%), Usd Outstanding Subscriptions (20.3%) and Krw Spot Fx Purchases Settlement (20.2%). Technology is its largest sector at 56.0%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of HKOD?
HSBC MSCI Korea Capped 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 $583.9M.
Is HKOD a UCITS ETF, and why does that matter for Indian investors?
Yes. HSBC MSCI Korea Capped 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 HKOD dividends taxed in India?
HSBC MSCI Korea Capped 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 HKOD?
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.