INDY
iShares S&P India Nifty 50 Index Fund
📎 Investment Objective
The iShares S&P India Nifty 50 Index Fund seeks to track the investment results of an index composed of 50 of the largest and most liquid stocks trading on the National Stock Exchange of India.
Overview
ETF tracking iShares S&P India Nifty 50 Index Fund
Performance
Price Chart
Investment Summary
📎 Investment Objective
The iShares S&P India Nifty 50 Index Fund seeks to track the investment results of an index composed of 50 of the largest and most liquid stocks trading on the National Stock Exchange of India.
🎯 Investment Strategy
The ETF employs a representative sampling strategy to track the index, holding a subset of the index's constituent securities that collectively approximate the full index in terms of key characteristics. It does not hold all the securities in the index.
✨ Key Features
- Provides exposure to the 50 largest and most liquid stocks in the Indian equity market
- Tracks the S&P CNX Nifty Index, a well-known benchmark for Indian equities
- Low expense ratio of 0.00%
- Relatively new fund with limited performance history
⚠️ Primary Risks
- Concentration risk as the fund is focused on the 50 largest Indian stocks
- Exposure to currency fluctuations between the US dollar and Indian rupee
- Potential for higher volatility compared to a more diversified international fund
- Limited liquidity and trading volume for this new ETF
👤 Best For
This ETF may be suitable for investors seeking broad exposure to the Indian equity market as part of a diversified international portfolio. It is best suited for investors with a higher risk tolerance who understand the unique characteristics and risks of investing in emerging markets.