London Stock Exchange ETF segment · UCITS ETF
Invest in KWEB ETF from India
Indian and foreign residents can buy KraneShares CSI China Internet UCITS ETF (KWEB) units directly through Paasa.
By Paasa · Updated
KWEB at a glance
- Price
- $18.35-$0.29 (1.55%)
- Expense ratio
- 0.75%
- Day range
- $18.35 – $18.61
- Assets
- $660.8M
- Domicile
- Ireland
- Holdings
- —
- Launched
- 2018
- Dividends
- —
- 1 month
- -7.96%
- 6 months
- -13.47%
- YTD
- -29.42%
- 1 year
- -38.44%
- 5 years
- -37.74%
Price change, excluding dividends.
Top 10 holdings
- 1TENCENT HOLDINGS LTD10.4%
- 2ALIBABA GROUP HOLDING LTD8.6%
- 3PDD HOLDINGS INC8.2%
- 4MEITUAN-CLASS B6.9%
- 5NETEASE INC6.7%
- 6LENOVO GROUP LTD6.3%
- 7KE HOLDINGS INC-CL A4.5%
- 8JD.COM INC-CLASS A3.9%
- 9TRIP.COM GROUP LTD3.5%
- 10BAIDU INC-CLASS A-HKD3.2%
These 10 are 62.0% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical33.8%
- Technology27.1%
- Communication Services26.7%
- Real Estate4.3%
- Healthcare3.9%
- Consumer Defensive2.3%
Countries
- China77.9%
- Hong Kong9.2%
- Ireland8.2%
- Singapore4.5%
- Other0.2%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| KWEBAMEXKraneShares CSI China Internet ETF | 0.69% | 4.5B |
| KWBPLSEKraneShares CSI China Internet UCITS ETF | 0.75% | 499.6M |
| KWBELSEKraneShares CSI China Internet UCITS ETF | 0.75% | 582.8M |
Assets are shown in each fund's own reporting currency.
How to invest in KWEB 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 KWEB and buy
Find the fund by its ticker, KWEB, on the London Stock Exchange ETF segment, and place your order.
Why invest in KWEB from India
What KWEB holds
This investment vehicle endeavors to mirror the returns of publicly listed Chinese businesses predominantly involved in the internet and interconnected digital industries.
Outside US estate tax
KWEB 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
KWEB 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 KWEB's UCITS structure matters for Indian investors
KWEB 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 KWEB from India?
Yes. Indian residents can buy KraneShares CSI China Internet UCITS ETF (KWEB) 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 KWEB invest in?
Its largest holdings are TENCENT HOLDINGS LTD (10.4%), ALIBABA GROUP HOLDING LTD (8.6%) and PDD HOLDINGS INC (8.2%). Consumer Cyclical is its largest sector at 33.8%. The fund is domiciled in Ireland.
What is the expense ratio of KWEB?
KraneShares CSI China Internet UCITS ETF has an expense ratio of 0.75% a year, taken from the fund's assets rather than billed to you. The fund manages about $660.8M.
Is KWEB a UCITS ETF, and why does that matter for Indian investors?
Yes. KraneShares CSI China Internet 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 KWEB?
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.