Columbia India Consumer ETF (INCO)
| Assets | $390.08M |
| Expense Ratio | 0.75% |
| PE Ratio | 36.98 |
| Shares Out | 5.95M |
| Dividend (ttm) | $1.86 |
| Dividend Yield | 2.87% |
| Ex-Dividend Date | Dec 18, 2024 |
| Payout Ratio | 128.13% |
| 1-Year Return | +12.66% |
| Volume | 29,930 |
| Open | 64.37 |
| Previous Close | 65.03 |
| Day's Range | 64.37 - 64.95 |
| 52-Week Low | 57.16 |
| 52-Week High | 78.34 |
| Beta | 0.70 |
| Holdings | 35 |
| Inception Date | Aug 10, 2011 |
About INCO
Fund Home PageThe Columbia India Consumer ETF (INCO) is an exchange-traded fund that is based on the INDXX India Consumer index, a market-cap-weighted index of 30 Indian consumer-sector stocks listed on the National Stock Exchange or the Bombay Stock Exchange. INCO was launched on Aug 10, 2011 and is issued by Columbia Threadneedle.
Top 10 Holdings
50.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Zomato Limited | ZOMATO | 7.67% |
| Trent Limited | TRENT | 7.29% |
| Mahindra & Mahindra Limited | M&M | 6.75% |
| ITC Limited | ITC | 4.80% |
| Bajaj Auto Ltd | BAJAJ-AUTO.NS | 4.30% |
| Hindustan Unilever Limited | HINDUNILVR | 4.15% |
| Maruti Suzuki India Limited | MARUTI | 4.05% |
| The Indian Hotels Company Limited | INDHOTEL | 3.99% |
| Varun Beverages Limited | VBL | 3.88% |
| Titan Company Limited | TITAN | 3.77% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $1.856 | n/a |
| Dec 18, 2023 | $2.241 | Dec 26, 2023 |
| Dec 19, 2022 | $4.797 | Dec 27, 2022 |
| Dec 20, 2021 | $3.372 | Dec 28, 2021 |
| Dec 18, 2020 | $0.165 | Dec 28, 2020 |
| Dec 20, 2019 | $0.120 | Dec 26, 2019 |
News
Indian Banks To Sustain Higher Leverage Ratios On Growing Capital
Major Indian banks are expected to sustain high leverage ratios, as healthy profits and a rapidly growing economy will help them build buffers. India's economic growth, which slowed to 5.4% year over ...
India's IPO Market Set For Another High After Landmark Year For Fundraising
Fundraising via IPOs in India is set for another landmark year after economic growth, favorable market conditions and improvements in the regulatory framework helped companies raise record amounts in ...
INCO: No Stopping India's Consumer Boom
The Indian consumer is in a great place. Sector fundamentals are some of the world's best. INCO remains a great way to play the consumer theme.
INCO: India's Kings Of (Return On) Capital
The compounding potential of India's consumer blue chips remains unmatched. Despite a mixed budget, more outperformance looks to be in the cards in 'Modi 3.0' Sector-focused INCO stands out as a vehic...
INCO: Compelling Growth Still Evident Despite Lofty Valuations
The Columbia India Consumer ETF provides exposure to the consumer sector of the Indian economy, which is expected to experience significant growth. India's demographic trends, including urbanization a...
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.
INCO: The Consumer Remains The Jewel In India's Crown
Indian consumer names have been among the best-performing groups of stocks globally. Backed by a very favorable macro and micro backdrop, this outperformance looks poised to continue. Sector valuation...
INCO: Keeping The Faith In India's Consumer Champions
India's consumer names continue to outperform the broader market. Sector valuations are also high, though investors willing to underwrite the quality and long-term growth on offer stand to be well-rew...
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...
Columbia India Consumer ETF: Quality Doesn't Come Cheap, But There Are Limits
The Columbia India Consumer ETF offers exposure to around 30 Indian consumer companies. INCO's income facet is worth highlighting. We highlight some of the long-term and short-term tailwinds supportin...
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...
INCO: Investing In One Of The World's Top Consumption Narratives
India's equities have shown stability and outperformed other emerging markets, making it a top-performing market. The Columbia India Consumer ETF provides exposure to India's automotive and consumer i...
INCO: India's Consumption Growth Story Is Still Worth The (Higher) Entry Price
The Columbia India Consumer ETF portfolio has continued to outshine the rest of India's equity universe in recent months. And backed by some of the most attractive structural growth drivers out there,...
What's Shaping India? 5 Emerging Trends
India essentially became the office of the world as corporations became more comfortable with work being performed outside of the office. We see fewer opportunities in branded sneakers and more opport...
Columbia India Consumer ETF: Good Balance Of Offense And Defense, But Too Pricey
Within India, it may be worth considering a little-known ETF - The Columbia India Consumer ETF. INCO is well-poised to benefit from the growing clout of the Indian middle class.
INCO: Invest In The Most Populous Nation Via The Indian Consumer
The Columbia India Consumer ETF's winning run looks set to continue this year following the April/May rally. With the near-term setup improving post-earnings season and demographic tailwinds also boos...
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...
INCO: Low-Cost Vehicle To Ride The Consumer-Led India Growth Story
The Indian consumer growth engine remains at full steam. The Columbia India Consumer ETF offers investors a low-cost vehicle to ride the secular growth.
Control, Complexity, And Politics: Deconstructing The Adani Affair
The India Rising story hit some turbulence last week, as one of its biggest corporate success stories, the Adani Group, was hit with a report from Hindenburg Research. While the revenue part of the st...
5 Growth Opportunities In India
India is now the fastest-growing major economy in the world, surpassing China for the first time in a generation, with close to 8% growth. India's combination of a pro-business, reform-minded governme...