India ETFs

India ETFs
  • Pininvest Analysis

According to the latest World Economic Outlook (IMF), India is expected to rebound strongly following the sharp GDP drop estimated at 8% in 2020  as the economy recovers from the pandemic

The IMF pegs GDP growth at 11.5% in 2021, which would be the sharpest reversal of any major economy worldwide and the projection marks a major revision from the IMF's own October '20 projection of only +2.7%, suggesting that India starts out with a stronger-than-expected recovery in 2020 after lockdowns were eased (according to IMF)

Starting out from a strong base, India appears likely to benefit significantly from the global recovery following the COVID pandemic

China remains a special case because its 2021 growth projection (+8.1%) builds on a relatively unscathed GDP in the past year 2020 (+2.3%) but the IMF projection implies that india will be back on track

Sensex, the index for the top 30 on the Indian National Stock Exchange, has recovered stongly but it will be noted that 6 companies weigh more than 50%  of the index - Reliance Industries, HDFC Bank, Infosys, HDFC, ICICI Bank and TCS

 

The ETFs for India seek to offer alternative investment strategies by size (large, medium and smaller market caps), by factor (yield or expected profitability) and by total market

Read our notes

India ETFs • Updated:

Name Ticker Exchange Category SubCategory Currency Cur.Price AUM Perf. Momentum Vol. Risk Contrib. MDD
 
Columbia India Consumer ETF INCO NYSEARCA India Investable Market Sectors USD 53.77 94 M 49.5% Weak Up 19%   9% -9%
First Trust India NIFTY 50 Equal Weight ETF NFTY NASDAQ India Investable Market Size USD 44.96 3.1 M 66.1% Neutral 23%   10% -9%
Franklin FTSE India ETF FLIN NYSEARCA India Investable Market Size USD 29.68 12 M 58.6% Weak Up 19%   10% -9%
Invesco India ETF PIN NYSEARCA India Investable Market Factors USD 25.84 101 M 54.8% Weak Up 18%   10% -9%
iShares India 50 ETF INDY NASDAQ India Investable Market Size USD 46.64 674 M 56.2% Weak Up 20%   10% -11%
iShares MSCI India INDA BATS India Investable Market USD 44.36 5.0 B 57.2% Weak Up 19%   10% -10%
iShares MSCI India Small-Cap SMIN BATS India Investable Market Size USD 54.00 283 M 95.2% Weak Up 21%   10% -10%
VanEck Vectors® India Growth Leaders ETF GLIN NYSEARCA India Investable Market Factors USD 38.21 - 64.0% Weak Up 19%   9% -7%
WisdomTree India Earnings Fund EPI NYSEARCA India Investable Market Factors USD 34.02 792 M 75.5% Weak Up 19%   10% -10%
WisdomTree India ex-State-Owned Enterprises Fund IXSE NYSEARCA India ex-State Owned USD 32.73 1.2 M 57.6% Weak Up 19%   10% -9%