NYSE Arca · ETF
Invest in HXE ETF from India
Indian and foreign residents can buy Mast HedgeIndex Adaptive Equities ETF (HXE) units directly through Paasa.
By Paasa · Updated
HXE at a glance
- Price
- $25.65+$0.00 (0.00%)
- Expense ratio
- 0.99%
- Day range
- $25.65 – $25.72
- Assets
- $32.7M
- Domicile
- the US
- Holdings
- 83
- Launched
- 2026
- Dividends
- —
Top 10 holdings
- 1NVIDIA CORPNVDA15.8%
- 2MICRON TECHNOLOGY INCMU13.6%
- 3MICROSOFT CORPMSFT11.1%
- 4SANDISK CORPSNDK10.8%
- 5CHEVRON CORPCVX9.1%
- 6TERADYNE INCTER7.6%
- 7LAM RESEARCH CORPLRCX6.1%
- 8ALPHABET INC-CL AGOOGL6.0%
- 9MARVELL TECHNOLOGY INCMRVL6.0%
- 10SOLVENTUM CORPSOLV5.0%
HXE holds 83 securities in total. These 10 are 91.0% of the fund.
Where the money is invested
Countries
- United States95.4%
- United Kingdom3.9%
- Singapore0.7%
How to invest in HXE 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 HXE and buy
Find the fund by its ticker, HXE, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in HXE from India
What HXE holds
Mast HedgeIndex Adaptive Equities ETF is an actively managed exchange-traded fund that seeks long-term capital appreciation through an adaptive macro strategy focused on global equity markets. The fund normally invests at least 80% of its net assets in equity securities, including common and preferred stocks, REITs, investment company securities, ADRs, EDRs, and GDRs.
Hold a dollar asset
HXE 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.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one HXE unit. There is no minimum trade size.
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.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy HXE from India?
Yes. Indian residents can buy Mast HedgeIndex Adaptive Equities ETF (HXE) through Paasa. It is listed on NYSE Arca 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 HXE invest in?
Mast HedgeIndex Adaptive Equities ETF holds 83 securities. Its largest holdings are NVIDIA CORP (15.8%), MICRON TECHNOLOGY INC (13.6%) and MICROSOFT CORP (11.1%). The fund is domiciled in the US.
What is the expense ratio of HXE?
Mast HedgeIndex Adaptive Equities ETF has an expense ratio of 0.99% a year, taken from the fund's assets rather than billed to you. The fund manages about $32.7M.
What tax do I pay in India when I sell HXE?
The US does not levy capital gains tax on shares for Indian residents. 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.
Can I buy a fraction of one HXE unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $25.65, and there is no minimum trade size.
What happens to my HXE units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.