London Stock Exchange ETF segment · UCITS ETF
Invest in HSPD ETF from India
Indian and foreign residents can buy HSBC S&P 500 UCITS ETF (HSPD) units directly through Paasa.
By Paasa · Updated
HSPD at a glance
- Price
- $77.58+$0.03 (0.04%)
- Expense ratio
- 0.09%
- Day range
- $77.58 – $77.58
- Assets
- $10.6B
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2010
- Dividends
- Distributing
- 1 month
- -1.05%
- 6 months
- +19.83%
- YTD
- +10.90%
- 1 year
- +16.00%
- 5 years
- +75.75%
Price change, excluding dividends.
Top 10 holdings
- 1NVIDIA CorpNVDA8.2%
- 2Apple IncAAPL7.4%
- 3Capital Cash Ctrl7.2%
- 4Microsoft CorpMSFT5.6%
- 5Amazon.com IncAMZN3.7%
- 6Alphabet Inc Class AGOOGL3.0%
- 7Broadcom IncAVGO2.5%
- 8Meta Platforms Inc Class AMETA2.5%
- 9Alphabet Inc Class CGOOG2.4%
- 10Micron Technology IncMU1.8%
These 10 are 44.2% of the fund.
Where the money is invested
Sectors
- Technology38.5%
- Financial Services12.1%
- Communication Services9.6%
- Consumer Cyclical9.3%
- Healthcare9.3%
- Industrials7.8%
Countries
- United States97.8%
- Ireland1.1%
- United Kingdom0.4%
- Switzerland0.3%
- Other0.2%
- Netherlands0.1%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| VOOAMEXVanguard S&P 500 ETF | 0.03% | 1.8T |
| IVVAMEXiShares Core S&P 500 ETF | 0.03% | 882.2B |
| CSPXLSEiShares Core S&P 500 UCITS ETF | 0.07% | 155.3B |
| VUAALSEVanguard S&P 500 UCITS ETF (USD) Accumulating | 0.07% | 89.2B |
| SPXSLSEInvesco S&P 500 UCITS ETF | 0.05% | 59.5B |
Assets are shown in each fund's own reporting currency.
How to invest in HSPD 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 HSPD and buy
Find the fund by its ticker, HSPD, on the London Stock Exchange ETF segment, and place your order.
Why invest in HSPD from India
What HSPD holds
The Fund aims to track as closely as possible the returns of the S&P 500 Index (the Index). The Fund will invest in or gain exposure to shares of companies which make up the Index.
Outside US estate tax
HSPD 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
HSPD 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 HSPD's UCITS structure matters for Indian investors
HSPD 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 HSPD from India?
Yes. Indian residents can buy HSBC S&P 500 UCITS ETF (HSPD) 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 HSPD invest in?
Its largest holdings are NVIDIA Corp (8.2%), Apple Inc (7.4%) and Capital Cash Ctrl (7.2%). Technology is its largest sector at 38.5%. It is a distributing fund domiciled in Ireland.
What is the expense ratio of HSPD?
HSBC S&P 500 UCITS ETF has an expense ratio of 0.09% a year, taken from the fund's assets rather than billed to you. The fund manages about $10.6B.
Is HSPD a UCITS ETF, and why does that matter for Indian investors?
Yes. HSBC S&P 500 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 HSPD dividends taxed in India?
HSBC S&P 500 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 HSPD?
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.