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 | 5.88% |
| HDFCBANK | HDFC Bank Limited | Financial Services | Banks - Regional | 3.69% |
| RELIANCE | Reliance Industries Limited | Energy | Oil & Gas Refining & Marketing | 2.93% |
| AXISBANK | Axis Bank Limited | Financial Services | Banks - Regional | 2.74% |
| M&M | Mahindra & Mahindra Limited | Consumer Cyclical | Auto Manufacturers | 2.45% |
| AXISBANK | AXIS BANK LTD. | Financial Services | Banks - Regional | 2.33% |
| 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% | ||
| INFY | Infosys Limited | Technology | Information Technology Services | 2.13% |
| TATASTEEL | Tata Steel Limited | Basic Materials | Steel | 2.12% |
| SUNPHARMA | Sun Pharmaceutical Industries Limited | Healthcare | Drug Manufacturers - Specialty & Generic | 2.02% |
| BHARTIARTL | Bharti Airtel Limited | Communication Services | Telecom Services | 1.91% |
| SBIN | State Bank of India | Financial Services | Banks - Regional | 1.82% |
| GRASIM | Grasim Industries Limited | Basic Materials | Building Materials | 1.81% |
| ZOMATO | Zomato Limited | Consumer Cyclical | Internet Retail | 1.60% |
| APOLLOHOSP | Apollo Hospitals Enterprise Limited | Healthcare | Medical Care Facilities | 1.58% |
| NESTLEIND | Nestle India Limited | Consumer Defensive | Packaged Foods | 1.48% |
| MOTHERSUMI | Motherson Sumi Systems Limited | Consumer Cyclical | Auto Parts | 1.43% |
| HINDALCO | HINDALCO INDUSTRIES LTD. | Basic Materials | Aluminum | 1.39% |