VanEck China Semiconductor ETF
VanEck China Semiconductor ETF (NASDAQ: SMHC) is an exchange-traded fund listed on NASDAQ, trading at $40.76 (about ₹3,946 a unit) as of 8 Oct 2026, 4:00 PM ET. It has an expense ratio of 0.65%. Indian residents can buy SMHC through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$40.66
Today's high
$41.41
52 week low
$40.69
52 week high
$68.69
SMHC opened at $41.41, closed previously at $43.33, and has traded between $40.69 and $68.69 over the past 52 weeks.
About
An exchange-traded fund designed to give investors pure-play exposure to China's domestic semiconductor industry by tracking 25 of the largest and most liquid Chinese companies in the sector. [58]
Key statistics
Expense ratio
0.65%
Assets (AUM)
$17.3M
Holdings
—
NAV
$43.35
Avg. volume
—
1-year price change
—
5-year price change
—
Price change excludes dividends.
Top 10 holdings
These 10 are 60.6% of the fund.
Where the money is invested
Countries
Similar funds
This is not an investment recommendation
How to buy SMHC from India
Indian residents can buy SMHC units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in SMHC from India
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.
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.
Search SMHC and buy
Find the fund by its ticker, SMHC, on NASDAQ, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your SMHC position in USD and INR, and use Paasa's tax statements when you file your Indian return.
Trading and taxes when buying SMHC from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on foreign ETF units held for more than 24 months are long-term and taxed at 12.5% without indexation. Gains on units held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the SMHC price today?
VanEck China Semiconductor ETF (SMHC) last traded at $40.76 on NASDAQ, as of 8 Oct 2026, 4:00 PM ET. That is ₹3,946 a unit at the 7 Oct 2026 USD/INR rate.
When does SMHC trade, in Indian time?
NASDAQ trades 7:00 pm – 1:30 am IST, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
How big is SMHC, and what does it cost to hold?
VanEck China Semiconductor ETF manages about $17.3M. Its expense ratio is 0.65% a year, deducted inside the fund. It launched in 2026.
What are SMHC's largest holdings?
The top three are Cambricon Technologies Corp Ltd (10.0%), Hygon Information Technology Co Ltd (8.3%) and Naura Technology Group Co Ltd (7.1%). SMHC's 10 largest positions make up 60.6% of the fund.
How are gains on SMHC taxed in India?
Units held for more than 24 months are long-term and taxed at 12.5% without indexation; units held for 24 months or less are taxed at your income-tax slab rate. The gain is worked out in rupees, so the currency move counts.
Can I buy fractional units of SMHC?
Yes. You can buy SMHC by amount rather than by whole unit, and there is no minimum trade size.