XETRA · UCITS ETF
Invest in LHKG ETF from India
Indian and foreign residents can buy Amundi MSCI China ESG Selection Extra UCITS ETF (LHKG) units directly through Paasa.
By Paasa · Updated
LHKG at a glance
- Price
- €22.90-€0.29 (1.23%)
- Expense ratio
- 0.65%
- Day range
- €22.90 – €23.04
- Assets
- €475.5M
- Domicile
- Luxembourg
- Holdings
- 169
- Launched
- 2023
- Dividends
- Distributing
- 1 month
- -3.15%
- 6 months
- -1.06%
- YTD
- -9.33%
- 1 year
- -16.59%
- 5 years
- -10.39%
Price change, excluding dividends.
Top 10 holdings
- 1TENCENT HOLDINGS LTD15.3%
- 2ALIBABA GROUP HOLDING LTD13.7%
- 3CHINA CONSTRUCTION BANK HK7.9%
- 4IND & COMM BK OF CHINA-H4.8%
- 5XIAOMI CORP4.4%
- 6BANK OF CHINA LTD-H3.9%
- 7MEITUAN-CLASS B3.5%
- 8NETEASE INC3.1%
- 9LENOVO GROUP LTD2.7%
- 10JD.COM INC-CLASS A2.3%
LHKG holds 169 securities in total. These 10 are 61.8% of the fund.
Where the money is invested
Sectors
- Consumer Cyclical29.5%
- Communication Services21.3%
- Financial Services19.6%
- Technology11.3%
- Healthcare6.5%
- Industrials3.8%
Countries
- China89.9%
- Hong Kong8.1%
- Singapore1.9%
- Other0.0%
Similar funds
| Fund | Expense ratio | Assets |
|---|---|---|
| ASIULSEAmundi MSCI China ESG Selection Extra UCITS ETF Acc | 0.65% | 540.7M |
Assets are shown in each fund's own reporting currency.
How to invest in LHKG 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, and Interactive Brokers converts the dollars to EUR when you buy.
Step 3
Search LHKG and buy
Find the fund by its ticker, LHKG, on XETRA, and place your order.
Why invest in LHKG from India
What LHKG holds
This Amundi ETF's core objective is to closely track the performance of the MSCI China ESG Selection P-Series Extra Net Total Return Index (the Index), regardless of market direction. It also strives to keep the discrepancy between the Sub-Fund's net asset value and the Index's returns to an absolute minimum.
Outside US estate tax
LHKG is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
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 LHKG's UCITS structure matters for Indian investors
LHKG is domiciled in Luxembourg, not the US, so it is not a US-situs asset and US estate tax does not apply to it.
Capital gains are taxed in India the same way as on a US-listed ETF.
Frequently asked questions
Can I buy LHKG from India?
Yes. Indian residents can buy Amundi MSCI China ESG Selection Extra UCITS ETF (LHKG) through Paasa. It is listed on XETRA and trades in EUR. 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 LHKG invest in?
Amundi MSCI China ESG Selection Extra UCITS ETF holds 169 securities. Its largest holdings are TENCENT HOLDINGS LTD (15.3%), ALIBABA GROUP HOLDING LTD (13.7%) and CHINA CONSTRUCTION BANK HK (7.9%). Consumer Cyclical is its largest sector at 29.5%. It is a distributing fund domiciled in Luxembourg.
What is the expense ratio of LHKG?
Amundi MSCI China ESG Selection Extra UCITS ETF has an expense ratio of 0.65% a year, taken from the fund's assets rather than billed to you. The fund manages about €475.5M.
Is LHKG a UCITS ETF, and why does that matter for Indian investors?
Yes. Amundi MSCI China ESG Selection Extra UCITS ETF is a UCITS fund domiciled in Luxembourg. Because it is domiciled outside the US, it is not a US-situs asset, so US estate tax does not apply to it.
How are LHKG dividends taxed in India?
Amundi MSCI China ESG Selection Extra 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 LHKG?
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 EUR/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.