Matthews India Active ETF (INDE)
| Assets | $9.71M |
| Expense Ratio | 0.79% |
| PE Ratio | 31.48 |
| Shares Out | 320,000 |
| Dividend (ttm) | $0.17 |
| Dividend Yield | 0.55% |
| Ex-Dividend Date | Dec 18, 2024 |
| Payout Frequency | n/a |
| Payout Ratio | 17.34% |
| Volume | 834 |
| Open | 30.50 |
| Previous Close | 30.62 |
| Day's Range | 30.49 - 30.55 |
| 52-Week Low | 25.72 |
| 52-Week High | 33.17 |
| Beta | 0.08 |
| Holdings | 62 |
| Inception Date | Sep 22, 2023 |
About INDE
Fund Home PageThe Matthews India Active ETF (INDE) is an exchange-traded fund that mostly invests in total market equity. The fund actively selects Indian companies capable of sustainable growth based on fundamentals. The fund follows an all-cap strategy while implementing a fundamental bottom-up approach. INDE was launched on Sep 22, 2023 and is issued by Matthews.
Top 10 Holdings
45.10% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Limited | HDFCBANK | 7.61% |
| Eternal Limited | ETERNAL | 7.02% |
| ICICI Bank Limited | ICICIBANK | 5.48% |
| Swiggy Limited | SWIGGY | 4.93% |
| Bajaj Finance Limited | BAJFINANCE | 4.39% |
| Thangamayil Jewellery Limited | THANGAMAYL | 3.47% |
| Reliance Industries Limited | RELIANCE | 3.27% |
| Bharti Airtel Limited | BHARTIARTL | 3.02% |
| Shriram Finance Limited | SHRIRAMFIN | 3.01% |
| Mahindra & Mahindra Limited | M&M | 2.89% |
Performance
INDE had a total return of -5.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.90%.
News
INDE: Not Worth The Hassle, Stick To The Tried And Tested
We view the current weakness in Indian stocks as a good opportunity to own stocks from an economy that is still likely to be the fastest growing over the next decade. We seek to ascertain if the Matth...
Matthews Launches Five New Active ETFs to Provide Greater Customization in Emerging Markets
SAN FRANCISCO, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Matthews further enhanced its Emerging Markets leadership in Active ETFs today with the launch of five new actively managed exchange-traded funds (ETF...