Nifty India Financials ETF (INDF)

NYSEARCA: INDF · IEX Real-Time Price · USD
+0.06 (0.21%)
Mar 30, 2023, 2:16 PM EDT - Market open
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.

Asset Class Equity
Category India Equity
Region Asia-Pacific
Stock Exchange NYSEARCA
Ticker Symbol INDF
Index Tracked Nifty Financial Services 25/50

Top 10 Holdings

75.89% of assets
Name Symbol Weight
HDFC Bank Ltd HDFCBANK.NS 18.00%
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%
View More Holdings


Ex-Dividend Amount Pay Date
Dec 27, 2022 $0.993 Dec 30, 2022
Dec 28, 2021 $0.54744 Dec 31, 2021
Full Dividend History


India ETFs Beat S&P 500 in 2022: What Awaits in 2023?

India ETFs outperformed the S&P 500 this year. Many economists expect India equities to continue outperforming global peers in the initial phase of 2023, per media reports.

3 months ago - Zacks Investment Research

India ETFs Beat S&P 500: More Upside In the Cards?

India's stock market has outperformed the S&P 500 in the past one month.

6 months ago - Zacks Investment Research

India Equities Rebound: 4 Sector ETFs to Play

India ETFs rebounded in the past one-month frame. These sector ETFs hold promise.

1 year ago - Zacks Investment Research

Should You Buy India Financials ETF (INDF) on M&A Boom?

A lot has been happening in the financial sector of India with big-ticket M&As hogging the spotlight.

1 year ago - Zacks Investment Research

3 Sector ETFs to Play 7%+ Growth Rate of India

The Indian economy offers a great growth engine. Most importantly, retail inflation in the United States is higher than India for four months for the first time in three decades.

Other symbols: INCOINDY
1 year ago - Zacks Investment Research

India ETFs Rallying Hard: Is Any Upside Left?

India's stock market is hovering at a record high. Lower COVID-19 cases and pent-up demand have acted as the tailwind to the Indian market.

1 year ago - Zacks Investment Research

Don't Overlook India ETFs

India is an often forgotten part of the emerging market ETF landscape.

1 year ago - ETFcom

ETF Opens India Financials Door

Emerging markets are heating up, and India could be poised for massive growth.

Other symbols: IEMGINDA
2 years ago - ETFcom

An ETF (INDF) to Play India's Financial Sector

Inside the new ETF on India's financial sector.

2 years ago - Zacks Investment Research

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.

2 years ago - ETF Trends