Invesco India ETF (PIN)
| Assets | $257.60M |
| Expense Ratio | 0.78% |
| PE Ratio | 28.44 |
| Shares Out | 8.88M |
| Dividend (ttm) | $0.53 |
| Dividend Yield | 1.85% |
| Ex-Dividend Date | Dec 18, 2023 |
| Payout Ratio | 52.56% |
| 1-Year Return | +25.28% |
| Volume | 18,852 |
| Open | 28.83 |
| Previous Close | 28.90 |
| Day's Range | 28.70 - 28.90 |
| 52-Week Low | 23.00 |
| 52-Week High | 31.17 |
| Beta | 0.79 |
| Holdings | 203 |
| Inception Date | Mar 5, 2008 |
About PIN
Fund Home PageThe Invesco India ETF (PIN) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of India-listed stocks, screened for yield and quality and weighted by market cap. PIN was launched on Mar 5, 2008 and is issued by Invesco.
Top 10 Holdings
36.29% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Limited | HDFCBANK | 7.26% |
| Reliance Industries Limited | RELIANCE | 6.56% |
| Infosys Limited | INFY | 4.75% |
| ICICI Bank Limited | ICICIBANK | 3.79% |
| Tata Consultancy Services Limited | TCS | 3.10% |
| Bharti Airtel Limited | BHARTIARTL | 3.03% |
| Invesco Shrt-Trm Inv Gov&Agcy Instl | AGPXX | 2.24% |
| Axis Bank Limited | AXISBANK | 2.00% |
| Mahindra & Mahindra Limited | M&M | 1.85% |
| Indian Rupee | n/a | 1.71% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2023 | $0.42727 | Dec 22, 2023 |
| Sep 18, 2023 | $0.10493 | Sep 22, 2023 |
| Dec 19, 2022 | $2.99469 | Dec 23, 2022 |
| Dec 20, 2021 | $1.59859 | Dec 31, 2021 |
| Sep 20, 2021 | $0.1463 | Sep 30, 2021 |
| Jun 21, 2021 | $0.11459 | Jun 30, 2021 |
News
PIN: Still The Go-To Defensive India Play
Indian stocks have begun to pull back after an outstanding year. Yet, underlying fundamentals remain as robust as ever. Quality-focused PIN ranks highly for those looking to play it safe anyway.
PIN: A Defensive Play On India's Post-Budget Blues
India's updated Budget has roiled equity markets. Still, the fundamental long-term investment case remains intact. In the face of near-term valuation pressure, Invesco's India ETF stands out.
PIN: Not A Bad Product But Not Ideal To Buy Now
PIN employs some useful quality and yield screeners whilst constructing its portfolio of Indian stocks. We measure how PIN stacks up against the largest Indian ETF- INDA. We raise a few concerns over ...
The Reserve Bank of India Delivers A Hawkish Hold
Was today's no change to policy and hawkish statement a demonstration of the RBI's independence as some are suggesting? Or is the backdrop simply not yet conducive to a cut?
PIN: Quality Remains The Way To Go In India
Few equity markets have performed quite as well as India. Factor ETFs like PIN are a great way to add performance. Heading into a catalyst-rich period, PIN remains a great pick.
Emerging Markets Growth Remains Solid Amid Intensifying Inflationary Pressures
Emerging markets continued to expand at a solid pace midway into the first quarter of 2024, supported by broad-based expansion across both manufacturing and service sectors.
PIN: Quality Indian Stocks Keep Winning
The Invesco India ETF focuses on high-quality Indian stocks with high-dividend yields, aiming to deliver alpha on a risk-adjusted basis. India's favorable macroeconomic variables, such as low debt-to-...
January 2024 Key ETF Performance
The first month of 2024 is already complete, and below is a look at the performance of various asset classes during January using key ETFs that we track closely. The S&P 500 (SPY) finished the month u...
Social Media Stocks: The Strongest And Weakest Heading Into 2024
Social media stocks Meta, Pinterest, and Snapchat enjoyed strong gains in 2023 as the broader ad market stabilized and fundamentals improved. Ad impression growth remains strong for Meta and Pinterest...
PIN: Outperform With India's 'Best Of Breed'
India has been the standout equity market performer in emerging Asia. Using a quality-focused stock selection approach further adds to the outperformance. Heading into an action-packed 2024, Invesco's...
PIN: A Good India Play
India's economy is growing rapidly and benefiting from tensions with China, making it an attractive investment opportunity. The Invesco India ETF provides exposure to the Indian market while emphasizi...
Consider This: Is India The New China?
India's potential for economic growth lies in its young population, business-friendly reforms, and technology sectors. To unlock this potential, India needs long-term policies to address structural co...
India is seeing a multidecade growth surge. Here's how you can invest in it.
If you would like to have investment exposure to a tremendous emerging market with good prospects for rapid growth over coming decades, you should look at India.
India's Manufacturing Output Surges While Inflation Pressures Ease
India's economy continues to experience rapid growth, with GDP expanding by 7.8% year-over-year in the April-June quarter of 2023. Industrial production in India rose by 10.3% year-over-year in August...
PIN: Easing Is Back On The Menu In India
India's growth engine is chugging along. Meanwhile, inflation is trending lower after a brief weather-related shock. Investing in the highest-quality Indian large-caps via factor ETFs like PIN continu...
India's Booming Stock Market Is Leaving China in the Dust
The South Asian nation's market has been a quiet outperformer for a decade. Now foreign investors are starting to pay attention.
India: GDP Growth Accelerates In Q2 2023
At 7.8% YoY, India's GDP print for 2Q23 was precisely in line with the consensus expectation. Nonetheless, singles out India as one of the few economies in the region where growth is actually firming,...
India's Economy Continues To Show Strong Growth In Mid-2023
India's economy continues to show strong expansion in the first half of 2023, driven by domestic demand and robust manufacturing and services sectors. Foreign direct investment (FDI) inflows into Indi...
PIN: Ride The Indian Surge Via This Quality-Focused Fund
Buoyed by solid earnings growth and a healthy dose of multiple expansion, Indian equities have outperformed in Q2. While there are hurdles near-term, the structural drivers underpinning the long-term ...
PIN: Still A Compelling Option For This Year
There remains a lot to like about the Indian growth story, and the recent upturn in Indian equities post-earnings season could be a sign of things to come. Investors looking for a quality portfolio to...
Update On India: Time To Take Another Look
India's economy has been resilient in the face of recent challenges, including the banking turmoil impacting the United States and Europe. Currently, the price-earnings ratio for Indian stocks (based ...
India's Economy Continues To Expand As Inflation Moderates
The Indian economy showed rapid growth in 2022, the second consecutive year of strong recovery following deep economic contraction in 2020 due to the COVID-19 pandemic. The index of industrial product...
India: Another Solid Year Ahead For The Economy
Good growth momentum, strong credit growth, and a supportive budget environment provide a positive backdrop, though the Reserve Bank of India (RBI) still has work to do to tame inflation. Export growt...
India's Economic Growth Moderates In Last Quarter Of 2022
India has become an increasingly attractive location for multinationals across a wide range of industries. Latest data on key economic indicators continue to show strong momentum in many sectors of th...