(INDA) iShares MSCI India - Ratings and Ratios

The iShares MSCI India ETF (BATS:INDA) is an exchange-traded fund that tracks the performance of the Indian large- and mid-capitalization equity market segments. The fund invests at least 80% of its assets in the underlying indexs component securities or similar investments, providing a diversified exposure to the Indian equity market.

As a non-diversified fund, INDAs investment strategy focuses on replicating the underlying index, which comprises companies with significant market capitalization in India. This approach allows investors to tap into the countrys economic growth and potentially benefit from the performance of its major industries.

From a market perspective, INDAs current price is situated between key support and resistance levels, indicating a potential trading range. To better understand the funds attractiveness, we can examine key performance indicators (KPIs) such as the expense ratio, tracking error, and trading volume. The funds expense ratio is 0.65%, which is relatively competitive in the India Equity ETF category. Additionally, INDAs average trading volume is around 1.5 million shares per day, indicating sufficient liquidity for investors.

To further evaluate INDAs potential, we can analyze its underlying indexs sector allocation, which is dominated by financials, information technology, and consumer goods. The funds holdings are also skewed towards large-cap stocks, with the top 10 holdings accounting for approximately 40% of the total assets under management (AUM). With an AUM of over $10.2 billion, INDA is one of the largest India-focused ETFs in the market, providing investors with a liquid and diversified investment vehicle.