Nifty India Financials ETF (INDF)
| Assets | $7.86M |
| NAV | $31.43 |
| Expense Ratio | 0.75% |
| PE Ratio | 23.06 |
| Shares Out | 250,000 |
| Dividend (ttm) | $0.55 |
| Dividend Yield | 1.74% |
| Ex-Dividend Date | Dec 28, 2021 |
| 1-Year Return | -8.75% |
| Volume | 143 |
| Open | 31.25 |
| Previous Close | 31.19 |
| Day's Range | 31.25 - 31.43 |
| 52-Week Low | 29.21 |
| 52-Week High | 39.23 |
| Beta | 0.87 |
| Holdings | 22 |
| Inception Date | Oct 21, 2020 |
About INDF
The fund will normally invest at least 80% of its total assets in securities of the index or in depositary receipts representing securities of the index. The index is designed to measure the performance of companies in the Indian financial market, including banks, financial institutions, housing finance, insurance companies and other financial services companies (Indian Financial Companies).
Top 10 Holdings
77.55% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Ltd | HDFCBANK.NS | 17.98% |
| ICICI Bank Ltd | ICICIBANK.NS | 15.44% |
| Housing Development Finance Corp Ltd | HDFC.NS | 12.62% |
| HDFC Life Insurance Company Limited | HDFCLIFE.NS | 5.24% |
| Kotak Mahindra Bank Ltd | KOTAKBANK.NS | 5.14% |
| SBI Life Insurance Company Limited | SBILIFE.NS | 4.76% |
| State Bank of India | SBIN.NS | 4.38% |
| Axis Bank Ltd | AXISBANK.NS | 4.31% |
| Bajaj Finance Ltd | BAJFINANCE.NS | 3.86% |
| ICICI Lombard General Insurance Co Ltd | ICICIGI.NS | 3.82% |
News
India Equities Rebound: 4 Sector ETFs to Play
India ETFs rebounded in the past one-month frame. These sector ETFs hold promise.
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.
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.
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.
Don't Overlook India ETFs
India is an often forgotten part of the emerging market ETF landscape.
ETF Opens India Financials Door
Emerging markets are heating up, and India could be poised for massive growth.
An ETF (INDF) to Play India's Financial Sector
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.