iShares India 50 ETF (INDY)
| Assets | $715.67M |
| Expense Ratio | 0.89% |
| PE Ratio | 23.28 |
| Shares Out | 13.25M |
| Dividend (ttm) | $0.12 |
| Dividend Yield | 0.23% |
| Ex-Dividend Date | Dec 17, 2024 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 5.31% |
| Volume | 115,479 |
| Open | 53.77 |
| Previous Close | 53.54 |
| Day's Range | 53.46 - 53.78 |
| 52-Week Low | 46.93 |
| 52-Week High | 57.30 |
| Beta | 0.49 |
| Holdings | 56 |
| Inception Date | Nov 18, 2009 |
About INDY
Fund Home PageThe iShares India 50 ETF (INDY) is an exchange-traded fund that is based on the Nifty 50 index, a market-cap-weighted index of 50 blue-chip companies traded on the National Stock Exchange of India. INDY was launched on Nov 18, 2009 and is issued by BlackRock.
Top 10 Holdings
58.30% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Limited | HDFCBANK | 13.27% |
| Reliance Industries Limited | RELIANCE | 8.92% |
| ICICI Bank Limited | ICICIBANK | 8.81% |
| Infosys Limited | INFY | 5.05% |
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 4.72% |
| Bharti Airtel Limited | BHARTIARTL | 4.64% |
| Larsen & Toubro Limited | LT | 3.64% |
| ITC Limited | ITC | 3.37% |
| Tata Consultancy Services Limited | TCS | 3.00% |
| Axis Bank Limited | AXISBANK | 2.89% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.08012 | Dec 20, 2024 |
| Jun 11, 2024 | $0.04184 | Jun 17, 2024 |
| Dec 20, 2023 | $0.11594 | Dec 27, 2023 |
| Jun 7, 2023 | $0.0736 | Jun 13, 2023 |
| Dec 13, 2022 | $1.58503 | Dec 19, 2022 |
| Dec 13, 2021 | $3.36064 | Dec 17, 2021 |
Performance
INDY had a total return of -2.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.11%.
News
INDY: Look Through India's Border Tensions
Border tensions have flared in India. But contagion risks appear to be well-contained. Focus on an increasingly attractive setup for Indian mega-caps.
INDY: Weathering The Storm With Indian Mega Caps
After months of downcycle concerns, India's domestic fundamentals are finally turning. But with external headwinds picking up, sticking with quality still makes sense. Having de-rated in recent months...
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 ...
INDY: Weak Sentiment Presents A 2025 Opportunity In India's NIFTY 50
India's Manufacturing PMI fell to an 11-month low in November, indicating economic challenges. Despite underperforming global benchmarks, I reiterate a buy rating on the iShares India 50 ETF looking a...
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 ...
GS: tactically upgrade China market and lower India stocks with a subdued view on Japan near-term
Timothy Moe of Goldman Sachs shares his latest view on China markets, India markets and Japan markets.
INDY: Unlikely To Be Too Buoyant In The Short Term
INDY ETF is currently exceeding the average returns it generates in a calendar year, but it is still lagging global stocks. India's growth potential and stable political regime should work well for IN...
Final Trades: Samsara, Constellation Energy, Aptiv and the INDY
The Investment Committee give you their top stocks to watch for the second half.
Final Trades: Intuit, Amgen, the INDY and URNM
The Investment Committee give you their top stocks to watch for the second half.
INDY: A Great Way To Play A Hot India
India's economy is thriving post-COVID, benefiting from the trade shift away from China and favorable demographics. iShares India 50 ETF provides easy access to top Indian stocks, with a high concentr...
Final Trades: Goldman Sachs, Devon Energy, Apollo Global and the INDY
The Investment Committee discuss their top stocks to watch for the second half.
The Reserve Bank of India Delivers A Hawkish Hold
Was today's no change to policy and hawkish statement a demonstration of the RBI's independence as some are suggesting? Or is the backdrop simply not yet conducive to a cut?
India's stock markets erase over $371 billion after ruling BJP falls short of election expectations
India's markets saw their largest one-day loss in four years after the electoral performance of Prime Minister Narendra Modi's ruling Bharatiya Janata Party fell short of expectations. The All India M...
Modi's shock election hits India ETFs
India's Prime Minister Modi will hold on to his perch of the ruling coalition but his power may be watered down in an election twist, spooking investors who have enjoyed his stable hand for a decade.
India stocks tumble as PM Modi's party set to lose majority
CNBC's Seema Mody reports on news from India.
India stocks fall following narrow Modi election victory
CNBC's Seema Mody reports on the latest news from India's political and economic landscape.
India Market Really Is a Great Opportunity, Nomura Says
Nomura International Wealth Management CIO and Head of Discretionary Portfolio Management Gareth Nicholson says India is one of the firm's favored markets and represents "a great opportunity." He says...
India's Modi Awaits Fate as Markets Already Cheer Third Term Win
Official vote counting will begin in a few hours in India after exit polls signaled a third term victory for Prime Minister Narendra Modi. Haslinda Amin reports on Bloomberg Television.
India stocks hit record highs as Modi nears election to a third term
CNBC's Seema Mody reports on news from stocks in India.
India stocks hit record highs as exit polls predict a decisive Modi win
Local exit polls over the weekend suggested Prime Minister Narendra Modi and his Bharatiya Janata Party-led alliance was set for a rare third consecutive term in power. The BJP-led National Democratic...
Indian Stocks, Bonds, Rupee Rise After Polls Indicate Modi Win
Indian stocks are surging while bonds and the rupee are climbing as exit polls indicated a resounding victory for Prime Minister Narendra Modi's party. Avril Hong reports on Bloomberg Television.
Modi Set for Landslide Election Win: What Are the Implications for Markets?
Feroze Azeez, deputy CEO of Anand Rathi Wealth, looks at how the election outcome in India might affect the economy and financial assets. Indian stocks, bonds and the rupee are surging after exit poll...
INDY: India's Lagging Uber Caps Are Worth A Look
Indian stocks have continued their march higher. Recent volatility indicates not all of the positives have been priced in. Having lagged the smaller caps, an uber cap 'catch up' is overdue.
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.
INDY: Catalysts In Focus
iShares India 50 ETF is approaching its all-time high. The upcoming election in India in April/May 2024 could impact performance.