London Stock Exchange ETF segment · UCITS ETF
Invest in KSTR ETF from India
Indian and foreign residents can buy KraneShares ICBCUBS SSE Star Market 50 Index UCITS ETF (KSTR) units directly through Paasa.
By Paasa · Updated
KSTR at a glance
- Price
- $23.59-$0.29 (1.19%)
- Expense ratio
- 0.82%
- Day range
- $23.32 – $23.59
- Assets
- $77.4M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2021
- Dividends
- —
- 1 month
- -7.36%
- 6 months
- +23.29%
- YTD
- +19.72%
- 1 year
- +12.42%
- 5 years
- -5.77%
Price change, excluding dividends.
Top 10 holdings
- 1CAMBRICON TECHNOLOGIES-A10.4%
- 2MONTAGE TECHNOLOGY CO LTD-A8.3%
- 3ADVANCED MICRO-FABRICATION-A8.3%
- 4HYGON INFORMATION TECHNOLO-A7.4%
- 5YUANJIE SEMICONDUCTOR TECH-A6.1%
- 6PIOTECH INC-A4.9%
- 7HWATSING TECHNOLOGY CO LTD-A3.5%
- 8HUA HONG GRACE SEMICONDUCT-A3.4%
- 9SKYVERSE TECHNOLOGY CO LTD-A3.3%
- 10VERISILICON MICROELECTRONI-A3.1%
These 10 are 58.6% of the fund.
Where the money is invested
Sectors
- Technology81.1%
- Industrials4.1%
- Healthcare2.9%
- Consumer Cyclical0.9%
- Energy0.6%
- Basic Materials0.4%
Countries
- China99.7%
- Other0.3%
How to invest in KSTR 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 KSTR and buy
Find the fund by its ticker, KSTR, on the London Stock Exchange ETF segment, and place your order.
Why invest in KSTR from India
What KSTR holds
This Sub-Fund aims to deliver investment performance that, prior to fees and expenses, generally reflects the capital appreciation and income generated by publicly traded Chinese companies primarily operating within science and technology sectors.
Outside US estate tax
KSTR 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
KSTR 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 KSTR's UCITS structure matters for Indian investors
KSTR 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 KSTR from India?
Yes. Indian residents can buy KraneShares ICBCUBS SSE Star Market 50 Index UCITS ETF (KSTR) 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 KSTR invest in?
Its largest holdings are CAMBRICON TECHNOLOGIES-A (10.4%), MONTAGE TECHNOLOGY CO LTD-A (8.3%) and ADVANCED MICRO-FABRICATION-A (8.3%). Technology is its largest sector at 81.1%. The fund is domiciled in Ireland.
What is the expense ratio of KSTR?
KraneShares ICBCUBS SSE Star Market 50 Index UCITS ETF has an expense ratio of 0.82% a year, taken from the fund's assets rather than billed to you. The fund manages about $77.4M.
Is KSTR a UCITS ETF, and why does that matter for Indian investors?
Yes. KraneShares ICBCUBS SSE Star Market 50 Index 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 KSTR?
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.