London Stock Exchange ETF segment · UCITS ETF
Invest in HPRD ETF from India
Indian and foreign residents can buy HSBC FTSE EPRA NAREIT Developed UCITS ETF (HPRD) units directly through Paasa.
By Paasa · Updated
HPRD at a glance
- Price
- $22.61-$0.07 (0.31%)
- Expense ratio
- 0.24%
- Day range
- $22.59 – $22.73
- Assets
- $3.6B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2011
- Dividends
- Distributing
- 1 month
- -6.53%
- 6 months
- +1.76%
- YTD
- +0.53%
- 1 year
- +0.27%
- 5 years
- -12.33%
Price change, excluding dividends.
Top 10 holdings
- 1Welltower Inc8.5%
- 2Prologis Inc6.5%
- 3Capital Cash Ctrl5.9%
- 4Equinix Inc5.2%
- 5Digital Realty Trust Inc3.4%
- 6Simon Property Group Inc3.3%
- 7Realty Income Corp2.7%
- 8Public Storage2.5%
- 9Vivmark Residential2.4%
- 10Ventas Inc2.3%
These 10 are 42.6% of the fund.
Where the money is invested
Sectors
- Real Estate99.6%
- Technology0.4%
- Consumer Cyclical0.0%
Countries
- United States65.6%
- Japan8.2%
- Australia5.4%
- United Kingdom3.5%
- Singapore3.0%
- Hong Kong2.7%
How to invest in HPRD 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 HPRD and buy
Find the fund by its ticker, HPRD, on the London Stock Exchange ETF segment, and place your order.
Why invest in HPRD from India
What HPRD holds
The core purpose of this fund is to accurately reflect the financial performance of the FTSE EPRA NAREIT Developed Index. It accomplishes this by acquiring or gaining exposure to the equity securities of the companies that comprise that specific benchmark.
Outside US estate tax
HPRD 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
HPRD 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 HPRD's UCITS structure matters for Indian investors
HPRD 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 HPRD from India?
Yes. Indian residents can buy HSBC FTSE EPRA NAREIT Developed UCITS ETF (HPRD) 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 HPRD invest in?
Its largest holdings are Welltower Inc (8.5%), Prologis Inc (6.5%) and Capital Cash Ctrl (5.9%). Technology is its largest sector at 0.4%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of HPRD?
HSBC FTSE EPRA NAREIT Developed UCITS ETF has an expense ratio of 0.24% a year, taken from the fund's assets rather than billed to you. The fund manages about $3.6B.
Is HPRD a UCITS ETF, and why does that matter for Indian investors?
Yes. HSBC FTSE EPRA NAREIT Developed 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 HPRD dividends taxed in India?
HSBC FTSE EPRA NAREIT Developed 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 HPRD?
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.