NASDAQ · Technology
Invest in UTime stock from India
Indian and foreign residents can buy UTime (FXHO) shares directly through Paasa.
By Paasa · Updated
UTime at a glance
- Price
- $9.29-$0.24 (2.52%)
- Market cap
- $1.83M
- Day range
- $8.98 – $9.50
- P/E
- —
- Dividend yield
- None
- Volume
- 31.48K
- 1 month
- -10.50%
- 6 months
- -11.52%
- YTD
- -11.52%
- 1 year
- -11.52%
- 5 years
- -11.52%
How to invest in UTime 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 FXHO and buy
Find UTime by name or by its ticker, FXHO, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.
Why invest in UTime from India
What UTime does
UTime Ltd. engages in the operation of designing, manufacturing, and marketing mobile communication devices, and selling a variety of related accessories. The firm is also involved in providing mobile devices to consumers and help individuals from established markets in having better access to updated mobile technology. UTime operates in the Consumer Electronics industry within the Technology sector.
Hold a dollar asset
UTime shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a share
Buy by amount, not by share, and get the matching fraction of one UTime share. 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.
Frequently asked questions
Can I buy UTime stock from India?
Yes. Indian residents and NRIs can buy UTime (FXHO) shares directly through Paasa. UTime is listed on NASDAQ, in the Consumer Electronics industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
Do I need to buy a full UTime share?
No. You can buy part of one UTime share and add to your position over time. One share is $9.29, and you can buy whole shares or any fraction; there is no minimum trade size.
How are UTime dividends taxed for Indian investors?
UTime trades on NASDAQ but is domiciled in China, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.
What tax do I pay in India when I sell UTime shares?
The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares 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.