INDY - iShares India 50 ETF
Assets | $660.46M |
NAV | $42.61 |
Expense Ratio | 0.93% |
PE Ratio | 28.06 |
Beta (5Y) | 0.91 |
Dividend (ttm) | $0.03 |
Dividend Yield | 0.08% |
Ex-Dividend Date | Jun 15, 2020 |
1-Year Return | - |
Trading Day | April 20 |
Last Price | $41.99 |
Previous Close | $42.60 |
Change ($) | -0.61 |
Change (%) | -1.43% |
Day's Open | 42.30 |
Day's Range | 41.70 - 42.37 |
Day's Volume | 109,042 |
52-Week Range | 25.84 - 47.01 |
Fund Description
The investment seeks to track the investment results of the Nifty 50 IndexTM composed of 50 of the largest Indian equities. The Subsidiary and the fund will collectively invest at least 90% of the fund's assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index measures the equity performance of the top 50 companies by free float market capitalization whose equity securities trade in the Indian securities markets. The fund is non-diversified.
Asset Class Equity | Sector Large Cap |
Region Asia-Pacific | Inception Date Nov 18, 2009 |
Exchange NASDAQ | Ticker Symbol INDY |
Index Tracked Nifty 50 Index |
Top 10 Holdings
59.60% of assetsName | Symbol | Weight |
---|---|---|
Reliance Industries Ltd Shs Dematerialised | RELIANCE.NS | 10.07% |
HDFC Bank Ltd | HDFCBANK.NS | 9.81% |
Infosys Ltd | INFY.NS | 8.25% |
Housing Development Finance Corp Ltd | HDFC.NS | 6.96% |
ICICI Bank Ltd | ICICIBANK.NS | 6.22% |
Tata Consultancy Services Ltd | TCS.NS | 5.27% |
Kotak Mahindra Bank Ltd | KOTAKBANK.NS | 4.09% |
Hindustan Unilever Ltd | HINDUNILVR.NS | 3.34% |
ITC Ltd | ITC.NS | 2.91% |
Axis Bank Ltd | AXISBANK.NS | 2.69% |
Dividends
Ex-Dividend | Amount | Pay Date |
---|---|---|
Jun 15, 2020 | $0.033 | Jun 19, 2020 |
Jun 17, 2019 | $0.2251 | Jun 21, 2019 |
Dec 28, 2018 | $0.015205 | Jan 4, 2019 |
Dec 18, 2018 | $0.120439 | Dec 24, 2018 |
Jun 19, 2018 | $0.0723 | Jun 25, 2018 |
Dec 21, 2017 | $0.058765 | Dec 28, 2017 |
Favorable demographics, rising middle-income population, vaccine rollout and easy money policy have been driving economic growth of India. Stocks have been surging and foreign investors have been pourin...
Getting international exposure via emerging markets doesn't have to be a risky proposition when you look at value-oriented economies that are thriving despite the pandemic. ETF investors can get exposur...
India stocks and ETFs should fare better in the near term on the announcement of a mammoth stimulus.
Underperforming Indian stocks may play catch-up after the announcement of a stimulus package. Gain access using these three ETFs.
The best India ETFs for Q1 2020 are INDY, SMIN, and INDA.
Compelling value, policy easing and some country-specific tailwinds make these Two Asian ETFs good buys for 2020.
Several India ETFs are poised to surge in the coming days on the festive mood and religious customs.
In the U.S., the expectation is that more rate-cutting by the Federal Reserve will take place through the end of 2019, but in the case of India, are further rate declines being instituted to no avail?
India country-specific ETFs surged Friday after New Delhi unexpectedly cut the corporate tax rate to bolster economic activity. Among the best performing non-leveraged ETFs of Friday, the Columbia India...
India ETFs may gain in the short term on scrapping of a tax on global funds and RBI's grant of INR 1.76 trillion ($24.4 billion) toward government.
India ETFs have been suffering on a host of reasons despite easy money policy. Will a fresh and fourth quarter rate of the year boost ETFs?
International equities performed better in May as Trump upheaval pushed investors toward foreign stocks and away from American stocks.
This India ETF hits a new 52-week high. Are more gains in store for this ETF?
The U.S. plans to not renew Iran oil import waivers previously granted for a few countries, sending oil prices shooting up. A few country ETFs will gain and some will lose from the move.