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 | 5.73% |
| HDFCBANK | HDFC Bank Limited | Financial Services | Banks - Regional | 4.38% |
| RELIANCE | Reliance Industries Limited | Energy | Oil & Gas Refining & Marketing | 3.25% |
| INFY | Infosys Limited | Technology | Information Technology Services | 3.01% |
| M&M | Mahindra & Mahindra Limited | Consumer Cyclical | Auto Manufacturers | 2.61% |
| AXISBANK | Axis Bank Limited | Financial Services | Banks - Regional | 2.54% |
| AXISBANK | AXIS BANK LTD. | Financial Services | Banks - Regional | 2.33% |
| BHARTIARTL | Bharti Airtel Limited | Communication Services | Telecom Services | 2.30% |
| BAJFINANCE | Bajaj Finance Limited | Financial Services | Credit Services | 2.25% |
| KOTAKBANK | Kotak Mahindra Bank Limited | Financial Services | Banks - Regional | 2.23% |
| ETERNAL | Eternal Ltd | 2.19% | ||
| SUNPHARMA | Sun Pharmaceutical Industries Limited | Healthcare | Drug Manufacturers - Specialty & Generic | 2.07% |
| TATASTEEL | Tata Steel Limited | Basic Materials | Steel | 1.97% |
| TORNTPHARM | Torrent Pharmaceuticals Limited | Healthcare | Drug Manufacturers - Specialty & Generic | 1.64% |
| GRASIM | Grasim Industries Limited | Basic Materials | Building Materials | 1.57% |
| ZOMATO | Zomato Limited | Consumer Cyclical | Internet Retail | 1.53% |
| SBIN | State Bank of India | Financial Services | Banks - Regional | 1.52% |
| TVSMOTOR | TVS Motor Company Limited | Consumer Cyclical | Auto Manufacturers | 1.50% |
| TATAGLOBAL | Tata Consumer Products Limited | Other | Other | 1.45% |
| APOLLOHOSP | Apollo Hospitals Enterprise Limited | Healthcare | Medical Care Facilities | 1.43% |