Nifty India Financials ETF (INDF)
| Assets | $7.51M |
| Expense Ratio | 0.75% |
| PE Ratio | 17.36 |
| Shares Out | 250,000 |
| Dividend (ttm) | $0.99 |
| Dividend Yield | 3.30% |
| Ex-Dividend Date | Dec 27, 2022 |
| Payout Ratio | 57.41% |
| 1-Year Return | -10.20% |
| Volume | 321 |
| Open | 30.10 |
| Previous Close | 30.04 |
| Day's Range | 30.10 - 30.10 |
| 52-Week Low | 28.62 |
| 52-Week High | 35.60 |
| Beta | 0.75 |
| Holdings | 23 |
| Inception Date | Oct 21, 2020 |
About INDF
The Nifty India Financials ETF (INDF) is an exchange-traded fund that is based on the Nifty Financial Services 25/50 index. The fund is passively managed to select the top 20 Indian financial services companies by market capitalization. INDF was launched on Oct 21, 2020 and is managed by Exchange Traded Concepts.
Top 10 Holdings
75.89% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Ltd | HDFCBANK.NS | 18.00% |
| ICICI Bank Ltd | ICICIBANK.NS | 15.77% |
| Housing Development Finance Corp Ltd | HDFC.NS | 12.30% |
| Kotak Mahindra Bank Ltd | KOTAKBANK.NS | 4.52% |
| Axis Bank Ltd | AXISBANK.NS | 4.32% |
| SBI Life Insurance Company Limited | SBILIFE.NS | 4.28% |
| Shriram Finance Ltd | SHRIRAMFIN.NS | 4.28% |
| HDFC Life Insurance Company Limited | HDFCLIFE.NS | 4.18% |
| Bajaj Finance Ltd | BAJFINANCE.NS | 4.15% |
| State Bank of India | SBIN.NS | 4.09% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 27, 2022 | $0.993 | Dec 30, 2022 |
| Dec 28, 2021 | $0.54744 | Dec 31, 2021 |
News
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Inside the new ETF on India's financial sector.
NextFins Launches Nifty India Financials ETF, ‘INDF'
On Wednesday, NextFins announced the launch of the Nifty India Financials ETF (INDF), which is now available for trading. INDF will trade in US Dollars during US market hours.