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 | 5.32% |
| HDFCBANK | HDFC Bank Limited | Financial Services | Banks - Regional | 3.53% |
| INFY | Infosys Limited | Technology | Information Technology Services | 3.51% |
| RELIANCE | Reliance Industries Limited | Energy | Oil & Gas Refining & Marketing | 3.04% |
| M&M | Mahindra & Mahindra Limited | Consumer Cyclical | Auto Manufacturers | 2.81% |
| BHARTIARTL | Bharti Airtel Limited | Communication Services | Telecom Services | 2.51% |
| AXISBANK | Axis Bank Limited | Financial Services | Banks - Regional | 2.44% |
| 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 | 2.19% |
| ETERNAL | Eternal Ltd | 2.19% | ||
| SUNPHARMA | Sun Pharmaceutical Industries Limited | Healthcare | Drug Manufacturers - Specialty & Generic | 1.84% |
| ZOMATO | Zomato Limited | Consumer Cyclical | Internet Retail | 1.66% |
| TVSMOTOR | TVS Motor Company Limited | Consumer Cyclical | Auto Manufacturers | 1.66% |
| TATASTEEL | Tata Steel Limited | Basic Materials | Steel | 1.64% |
| SBIN | State Bank of India | Financial Services | Banks - Regional | 1.52% |
| GRASIM | Grasim Industries Limited | Basic Materials | Building Materials | 1.46% |
| SBILIFE | SBI Life Insurance Company Limited | Financial Services | Insurance - Life | 1.40% |
| TATAGLOBAL | Tata Consumer Products Limited | Other | Other | 1.39% |
| NESTLEIND | Nestle India Limited | Consumer Defensive | Packaged Foods | 1.31% |