iShares India 50 ETF (INDY)
| Assets | $496.61M |
| Expense Ratio | 0.65% |
| PE Ratio | 18.28 |
| Forward PE | 17.40 |
| Shares Out | 11.95M |
| Dividend | $4.09 (9.76%) |
| Ex-Dividend Date | Jun 15, 2026 |
| Payout Frequency | Semi-Annual |
| Payout Ratio | 177.44% |
| Volume | 55,613 |
| Open | 41.90 |
| Previous Close | 41.47 |
| Day's Range | 41.79 - 41.99 |
| 52-Week Low | 39.90 |
| 52-Week High | 54.13 |
| Beta | 0.45 |
| Holdings | 54 |
| 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
53.63% of assets| Name | Symbol | Weight |
|---|---|---|
| HDFC Bank Limited | HDFCBANK | 9.96% |
| ICICI Bank Limited | ICICIBANK | 9.41% |
| Reliance Industries Limited | RELIANCE | 7.63% |
| Bharti Airtel Limited | BHARTIARTL | 5.75% |
| Larsen & Toubro Limited | LT | 4.10% |
| Infosys Limited | INFY | 3.91% |
| State Bank of India | SBIN | 3.73% |
| Axis Bank Limited | AXISBANK | 3.35% |
| Kotak Mahindra Bank Limited | KOTAKBANK | 3.08% |
| BlackRock Cash Funds Treasury SL Agency | XTSLA | 2.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.09902 | Jun 18, 2026 |
| Dec 16, 2025 | $3.99511 | Dec 19, 2025 |
| 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 |
Performance
INDY had a total return of -15.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.61%.
News
Nearly 40% of India's coal power plants running critically low on fuel, data show
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India urged to review green finance rules, build workforce for nuclear expansion
India needs to review some of its financing rules and develop a stronger talent pipeline to achieve its ambitious goal of expanding nuclear power capacity to 100 gigawatts (GW) by 2047, officials an...
India expects below-average September rains after weak August
India is likely to receive below-average monsoon rains in September after precipitation in August was 16% below average, the weather department said on Monday, raising concerns about farm outp...
Taiwan and Korea lose $29 billion in July: is money rotating away from AI?
Foreign investors continued pulling money from Asian equities in July, but the headline outflow masks a striking shift underneath: capital moved away from the region's biggest AI winners while selecti...
Indian IT firms face muted Q1 as AI shift, weak demand weigh
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Indian banks lead market gains on RBI's foreign deposit initiative
Shares of Indian banks rose more than 1% on Tuesday, making them the top-performing sectoral gainers after the Reserve Bank of India issued detailed guidelines for a concessional foreign exchange swap...
RBI dollar-rupee swaps push fx hedging costs to two-month lows
Aggressive buy-sell dollar/rupee swap operations by the Reserve Bank of India over the past 10 days have pushed foreign exchange hedging costs to their lowest levels in two months, while contributing ...
Bernstein targets Nifty at 26,000; backs healthcare, real estate, industrials
Brokerage firm Bernstein has retained its "Neutral" stance on Indian equities and maintained its year-end Nifty 50 target of 26,000, implying an upside of around 10% from Friday's closing levels. Howe...
India expected to have below-average monsoon rains in 2026, weather office says
India is likely to see below-average monsoon rains for the first time in three years in 2026, the government said on Friday, stoking concerns over farm output and growth in Asia's third-large...
Indian Central Bank's $5 billion FX swap draws strong demand
The Reserve Bank of India's three-year dollar/rupee buy-sell swap auction received strong investor demand on Tuesday, with total bids reaching nearly $10 billion, almost double the size of the auction...
Is India heading towards a currency crisis?
James Thom, Senior Investment Director of Asia Equities at Aberdeen Investments, doesn't believe that the current weakness in the Indian rupee is a repeat of 2013 'taper tantrum' scenario. He adds tha...
Are Asia small caps overlooked winners in regional equity markets in 2026?
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India battles power cuts as heatwave boosts electricity demand to record
Some parts of India are grappling with power cuts as record-breaking heat has pushed electricity demand to an all-time high in excess of 270 gigawatts, spurring a government call for consumers to li...
Experts explain why India's capital market stocks have outshined the broader market
Indian capital market stocks have emerged as one of the strongest-performing pockets of the market over the past year. The muted benchmark index performance has done nothing to limit the rally.
India asks US for Russian oil waiver extension as Iran war drags on, Bloomberg News reports
India has asked the U.S. to extend its waiver on Russian oil, Bloomberg News reported on Thursday, citing people familiar with the matter, as the ongoing conflict in the Persian Gulf disrup...
Travel stocks under pressure as India signals push to curb overseas travel
Indian travel stocks came under pressure after Prime Minister Narendra Modi urged citizens to avoid unnecessary foreign travel, cut fuel consumption and defer gold jewellery purchases for a year, as t...
Explainer: As PM Modi calls for conserving FX, what steps can India take?
Indian Prime Minister Narendra Modi has urged citizens to adopt practices to conserve foreign exchange as Asia's third-largest economy grapples with the fallout from the Iran war-driven spike in oil p...
India's Grids Must Now Be Smart Enough For Clean Power
In Rajasthan, India's largest state, the energy transition is no longer just about how many solar panels rise from the desert. It is a fundamental stress test of whether a legacy grid can evolve to ha...
India's markets regulator sets up task force to tackle AI-driven cyber threats
India's markets regulator on Tuesday issued an advisory on emerging AI-driven vulnerability detection tools, warning that their use could introduce new cybersecurity risks for regulated entities.
India's Modi tightens political grip with historic state victory — but can it usher in reforms and draw investors?
Indian Prime Minister Narendra Modi's political party won its first-ever state elections in West Bengal. Modi's popularity was seen to be waning when, two years ago, his party failed to secure a major...
Indian States Begin Counting Votes in Key Elections
Vote counting is underway following polls across key regions in India. West Bengal is emerging as the main battleground and the outcome will test Prime Minister Modi's ability to expand beyond the cor...
Intense heat drives India's power output to two-year high
India's electricity generation in April rose to 167.61 billion kilowatt‑hours, the highest since May 2024, and is set to increase further as intense heat leads to record peaks in demand, a Reuters a...
India to see above-average number of heatwave days in May as energy demand surges
Many Indian states are likely to witness an above-average number of heatwave days in May, the weather office said on Friday, as India continues to experience higher-than-average temperatures that ar...
India boosts coal and gas output as power demand hits record peak in heatwave
India ramped up coal and gas-fired power generation last week as peak demand hit a record 256.1 gigawatts (GW) over the weekend amid a heatwave, official data showed.