Dona Ferentes
A little bit OC⚡DC
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India Nifty 50 ETF - NDIA ; This ETF offering is from the GlobalX provider and has been available on the ASX since June 2019. Smaller than the other indian ETF IIND, it has $32 million in assets under management. As its name implies, it looks to access to 50 of the largest and most liquid publicly traded companies in India, spanning a range of economic sectors.
Management costs are 0.69%pa and distributions made at least once annually. The PDS, Fact sheets and other relevant information can be found at the website
https://www.globalxetfs.com.au/funds/ndia/
Returns are similar to the IIND fund, running at about 10%pa since inception and below the 13% index for comparison. The mix of holdings and sectoral allocations are somewhat different, though many names in the ETFs are common to both.
Top 10 holdings in NDIA
Management costs are 0.69%pa and distributions made at least once annually. The PDS, Fact sheets and other relevant information can be found at the website
https://www.globalxetfs.com.au/funds/ndia/
Returns are similar to the IIND fund, running at about 10%pa since inception and below the 13% index for comparison. The mix of holdings and sectoral allocations are somewhat different, though many names in the ETFs are common to both.
| Sector ..... | …. Weight % |
Financials | 37.3 | |
Information Technology | 14.0 | |
Energy | 12.9 | |
Consumer Staples | 8.8 | |
Consumer Discretionary | 7.3 | |
Materials | 6.8 | |
Industrials | 5.2 | |
Health Care | 3.9 | |
Communication Services | 2.5 | |
Utilities | 2.0 |
Top 10 holdings in NDIA
Net Assets (%) | Name | SEDOL | Market Price (Local) | Shares Held | Market Value (A$) |
11.23 | RELIANCE INDS | 6099626 | 2,606.60 | 72,273 | 3,519,775 |
8.29 | HDFC BANK LTD | BK1N461 | 1,508.80 | 92,171 | 2,598,306 |
7.98 | ICICI BANK LTD | BSZ2BY7 | 917.50 | 145,944 | 2,501,824 |
6.89 | INFOSYS LTD | 6205122 | 1,507.45 | 76,681 | 2,159,708 |
5.68 | HOUSING DEV FIN | 6171900 | 2,507.40 | 37,988 | 1,779,649 |
4.14 | TATA CONSULTANCY | B01NPJ1 | 3,233.70 | 21,461 | 1,296,624 |
3.89 | ITC LTD | B0JGGP5 | 353.50 | 184,402 | 1,217,922 |
3.45 | KOTAK MAHINDRA | 6135661 | 1,882.60 | 30,778 | 1,082,587 |
3.05 | LARSEN & TOUBRO | B0166K8 | 2,017.65 | 25,313 | 954,232 |
2.94 | STATE BANK IND | BSQCB24 | 614.15 | 80,384 | 922,377 |