NASDAQ | ETF
The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) in a portfolio of equity investments in issuers economically tied to India.
Equity investments include common stocks, preferred stocks, American depositary receipts ("ADRs") and global depositary receipts ("GDRs") of all market capitalizations.
The fund is non-diversified.
Top 10 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ICICIBANK | ICICI Bank Limited | Financial Services | Banks - Regional | 7.01% |
| RELIANCE | Reliance Industries Limited | Energy | Oil & Gas Refining & Marketing | 4.52% |
| HDFCBANK | HDFC Bank Limited | Financial Services | Banks - Regional | 3.89% |
| INFY | Infosys Limited | Technology | Information Technology Services | 3.57% |
| BHARTIARTL | Bharti Airtel Limited | Communication Services | Telecom Services | 2.62% |
| AXISBANK | AXIS BANK LTD. | Financial Services | Banks - Regional | 2.48% |
| BAJFINANCE | Bajaj Finance Limited | Financial Services | Credit Services | 2.48% |
| ETERNAL | Eternal Ltd | 2.47% | ||
| M&M | Mahindra & Mahindra Limited | Consumer Cyclical | Auto Manufacturers | 2.45% |
| KOTAKBANK | Kotak Mahindra Bank Limited | Financial Services | Banks - Regional | 2.31% |