London Stock Exchange ETF segment · UCITS ETF
Invest in HSXD ETF from India
Indian and foreign residents can buy HSBC Asia Pacific Ex Japan Screened Equity UCITS ETF (HSXD) units directly through Paasa.
By Paasa · Updated
HSXD at a glance
- Price
- $30.70+$0.29 (0.94%)
- Expense ratio
- 0.25%
- Day range
- $30.65 – $30.81
- Assets
- $700.7M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2020
- Dividends
- —
- 1 month
- +0.47%
- 6 months
- +27.74%
- YTD
- +33.63%
- 1 year
- +41.06%
- 5 years
- +78.90%
Price change, excluding dividends.
Top 10 holdings
- 1SK hynix Inc000660.KS11.2%
- 2Taiwan Semiconductor Manufacturing Co Ltd2330.TW10.1%
- 3BHP Group LtdBHP.AX7.7%
- 4Samsung Electro-Mechanics Co Ltd009150.KS4.2%
- 5Delta Electronics Inc2308.TW3.5%
- 6United Microelectronics Corp2303.TW3.0%
- 7Ping An Insurance (Group) Co. of China Ltd Class H2318.HK2.8%
- 8DBS Group Holdings LtdD05.SI2.8%
- 9ASE Technology Holding Co Ltd3711.TW2.7%
- 10Infosys LtdINFY.BO2.6%
These 10 are 50.8% of the fund.
Where the money is invested
Sectors
- Technology48.6%
- Financial Services23.0%
- Basic Materials9.9%
- Consumer Cyclical5.2%
- Industrials4.1%
- Healthcare2.6%
Countries
- Taiwan (Province of China)25.9%
- Korea (the Republic of)19.8%
- China17.9%
- India11.6%
- Australia11.5%
- Hong Kong5.5%
How to invest in HSXD 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 HSXD and buy
Find the fund by its ticker, HSXD, on the London Stock Exchange ETF segment, and place your order.
Why invest in HSXD from India
What HSXD holds
This fund's primary objective is to closely replicate the performance of the FTSE Asia Pacific ex Japan ESG Low Carbon Select Index. To achieve this, it invests directly in the stocks of companies that comprise this underlying benchmark.
Outside US estate tax
HSXD 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
HSXD 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 HSXD's UCITS structure matters for Indian investors
HSXD 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 HSXD from India?
Yes. Indian residents can buy HSBC Asia Pacific Ex Japan Screened Equity UCITS ETF (HSXD) 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 HSXD invest in?
Its largest holdings are SK hynix Inc (11.2%), Taiwan Semiconductor Manufacturing Co Ltd (10.1%) and BHP Group Ltd (7.7%). Technology is its largest sector at 48.6%. The fund is domiciled in Ireland.
What is the expense ratio of HSXD?
HSBC Asia Pacific Ex Japan Screened Equity UCITS ETF has an expense ratio of 0.25% a year, taken from the fund's assets rather than billed to you. The fund manages about $700.7M.
Is HSXD a UCITS ETF, and why does that matter for Indian investors?
Yes. HSBC Asia Pacific Ex Japan Screened Equity 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.
What tax do I pay in India when I sell HSXD?
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.