Please upgrade your browser

We take your security very seriously. In order to protect you and our systems, we are making changes to all HSBC websites that means some of the oldest web browser versions will no longer be able to access these sites. Generally, the latest versions of a browser (like Edge, Chrome, Safari, etc.) and an operating system family (like Microsoft Windows, MacOS) have the most up-to-date security features.

If you are seeing this message, we have detected that you are using an older, unsupported browser.

HSBC India Tech ETF strategy

The forefront of a digitally empowered India

The new era of digitalisation in India

India offers appealing investment opportunities, especially within the technology sector. Given the large pool of skilled IT professionals and increasing digital adoption within its vast tech-savvy population, the market is set for continued growth.

India's government has launched initiatives such as 'Digital India' to promote digitalisation, ‘Make in India’ to promote domestic manufacturing and 'India Stack' to provide digital infrastructure that can be universally accessed and utilised.

Old and new world tech thematic exposure

The strategy tracks the S&P India Tech Index which uses an alternative company classification known as Revere Business Industry Classifications (RBICS) to identify companies associated with the “Technology” theme. This provides investors exposure to an index that is broadly focused on Indian companies that are Technology focused but may have been excluded by the traditional GICS or ICB classification systems – capturing a range of old and new world tech companies operating across industries.

A diversified index which includes companies engaged in broader tech related activities

Source: S&P Dow Jones Indices as at February 2024. For illustrative purposes only. For a detailed list of eligible business activities please refer to the S&P Thematic Indices Methodology

To learn more about the strategy, please contact etf@hsbc.com.hk.

Resources

HSBC India Capabilities

India: One market, many opportunities

Risk Warning

Index-based Investing - The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. Where overseas investments are held the rate of currency exchange may also cause the value of such investments to fluctuate. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in some established markets. Stock market investments should be viewed as a medium to long term investment and should be held for at least five years. Any performance information shown refers to the past and should not be seen as an indication of future returns.