(INDA) MSCI India - Overview
ETF Category: India Equity | Exchange: BATS (USA) | Market Cap: 6.749m USD | Total Return: -12.4% in 12m
TER: 0.65%
Avg Turnover: 288M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The iShares MSCI India ETF (INDA) tracks the performance of the MSCI India Index by investing at least 80% of its assets in large- and mid-capitalization companies within the Indian equity market. This exchange-traded fund is classified as non-diversified, meaning it can hold larger concentrated positions in a smaller number of individual securities compared to diversified funds.
The Indian equity market is characterized by a heavy weighting in the Financials and Information Technology sectors, reflecting the countrys role as a global hub for software services and its expanding domestic banking infrastructure. The underlying index follows a market-capitalization-weighted methodology, which prioritizes the most liquid and highly valued companies on the National Stock Exchange and Bombay Stock Exchange.
Investors can evaluate these specific holdings and valuation metrics further on ValueRay.
- Domestic consumption growth accelerates large-cap retail and financial services revenue
- Reserve Bank of India monetary policy shifts impact bank lending margins
- Foreign direct investment inflows drive valuation expansion across mid-cap industrials
- Rupee volatility against the US dollar affects net asset value returns
- Government infrastructure spending programs boost heavy industry and materials earnings
Over the past week, the price has changed by -3.71%, over one month by -6.42%, over three months by -9.91% and over the past year by -12.40%.
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