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 20 Holdings
| Asset | Name | Sector | Industry | Weight |
|---|---|---|---|---|
| ICICIBANK | ICICI Bank Limited | Financial Services | Banks - Regional | 5.96% |
| HDFCBANK | HDFC Bank Limited | Financial Services | Banks - Regional | 3.76% |
| INFY | Infosys Limited | Technology | Information Technology Services | 3.23% |
| RELIANCE | Reliance Industries Limited | Energy | Oil & Gas Refining & Marketing | 2.93% |
| M&M | Mahindra & Mahindra Limited | Consumer Cyclical | Auto Manufacturers | 2.55% |
| BAJFINANCE | Bajaj Finance Limited | Financial Services | Credit Services | 2.54% |
| ETERNAL | Eternal Ltd | 2.44% | ||
| ZOMATO | Zomato Limited | Consumer Cyclical | Internet Retail | 2.44% |
| AXISBANK | AXIS BANK LTD. | Financial Services | Banks - Regional | 2.41% |
| BHARTIARTL | Bharti Airtel Limited | Communication Services | Telecom Services | 2.40% |
| AXISBANK | Axis Bank Limited | Financial Services | Banks - Regional | 2.36% |
| KOTAKBANK | Kotak Mahindra Bank Limited | Financial Services | Banks - Regional | 1.98% |
| SUNPHARMA | Sun Pharmaceutical Industries Limited | Healthcare | Drug Manufacturers - Specialty & Generic | 1.73% |
| TATAGLOBAL | Tata Consumer Products Limited | Other | Other | 1.46% |
| SBILIFE | SBI Life Insurance Company Limited | Financial Services | Insurance - Life | 1.45% |
| TVSMOTOR | TVS Motor Company Limited | Consumer Cyclical | Auto Manufacturers | 1.39% |
| GRASIM | Grasim Industries Limited | Basic Materials | Building Materials | 1.28% |
| TORNTPHARM | Torrent Pharmaceuticals Limited | Healthcare | Drug Manufacturers - Specialty & Generic | 1.28% |
| HINDALCO | HINDALCO INDUSTRIES LTD. | Basic Materials | Aluminum | 1.28% |
| SBIN | State Bank of India | Financial Services | Banks - Regional | 1.25% |