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Goldman Sachs India Equity ETF

GINDNasdaqB

$23.91+0.33 (+1.40%)

At close: Oct 13, 2026, 4:00 PM

B62/ 100

Rank 7 of 19 in India

Intraday session: up, 26 prints from 23.58 to 23.91. Range 23.88 to 24.03. Use the arrow keys to read each point.23.7023.8024.0010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$156M
1Y total return
−9.3%
Yield · Last 12 months
Data unavailable
Holdings
128
Avg volume · 30D
0M sh
NAV per share
$23.26
52W range
low $21.43high $27.60
Launched

The ETF.net GIND Grade

B

Score 62 out of 100

Category
India⁠
Rank
7 of 19
Six-pillar profile for GIND. Scores out of 100: Cost 47, Risk 50, Mission 100, Tradability 31, Holdings 85, Durability 44. Strongest: Mission (100). Weakest: Tradability (31). Leans toward Mission.

Score 62 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    C47 out of 100
    Rank 9 of 19
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 12
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C50 out of 100
    Rank 10 of 19
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D31 out of 100
    Rank 14 of 19
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A85 out of 100
    Rank 5 of 18
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C44 out of 100
    Rank 12 of 19

Our read on GIND

ETF.net Research

BGoldman's 2025 arrival in a crowded India aisle: roughly 110 Indian companies in one ticker, priced at the category's going rate. The stated goal on the tin is long-term capital appreciation, not index-hugging.

Stated mandate

The Fund seeks long-term capital appreciation.

Why people hold it

  1. 01One ticker holds roughly 110 Indian companies, a broad slice of the market rather than a short list of familiar names.
  2. 02The 0.75% fee lands right at the median for US-listed India funds, not at a new-launch premium.
  3. 03Stays in its lane. Portfolio and prospectus agree: Indian equities, full stop, with no drift into adjacent markets.
  4. 04Sits in the upper half of the US-listed India funds we cover, a shelf that includes long-established giants like INDA and INDY.

Worth knowing

  1. 01Cheaper shelf-mates exist: FLIN at 0.19%, INDA at 0.61%. That fee gap is the bar this portfolio has to clear.
  2. 02Launched in 2025, so the record is short and the asset base modest. Trading has been light, which tends to mean wider spreads than the aisle's veterans.
  3. 03One country, one currency. Indian stocks and the rupee drive the whole result, with no other market in the mix to cushion a rough stretch.

GIND Holdings

As of Oct 13, 2026
Asset class
Stocks
Holdings
128
Top-10 weight
27%
Largest holding
ICICIBANK.BO5.6%

Sectors

  • Financials29.7%
  • Consumer Discretionary16.2%
  • Industrials11.5%
  • Health Care10.3%
  • Materials8.7%
  • Technology8.4%
  • Consumer Staples5.1%
  • Energy3.6%
  • Utilities2.4%
  • Real Estate2.1%
  • Communication2.1%

Geography

  • India99.03%
  • United States0.97%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 9.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001ICICIBANK.BOIcici Bank Limited5.65%628,520$9M34
002HDFCBANK.BOHdfc Bank Limited3.38%721,278$5M36
003RELIANCE.BOReliance Industries Limited2.80%360,768$4M36
004AXISBANK.BOAxis Bank Ltd2.68%321,433$4M30
005—Inse/Nifty 50 10/20262.38%82$4M1
006KOTAKBANK.BOKotak Mahindra Bank Limited2.33%795,907$4M31
007M&M.NSMahindra and Mahindra Limited2.32%124,981$4M78
008BAJFINANCE.BOBajaj Finance Ltd2.06%324,078$3M31
009ETERNAL.BOEternal Limited1.99%928,210$3M38
010SUNPHARMA.BOSun Pharmaceutical Indus Ltd1.90%162,793$3M38
011DIVISLAB.BODivi's Laboratories Limited1.80%28,995$3M34
012SBIN.BOState Bank of India1.68%264,792$3M26
013COFORGE.BOCoforge Limited1.66%133,789$3M28
014BHARTIARTL.BOBharti Airtel Limited1.65%138,153$3M50
015HAL.BOHindustan Aeronautics Limited1.53%49,419$2M32

Showing 1–15 of 128 holdings

GIND Performance

Launched Apr 1, 2025

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
GIND$9,067
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$12,044
Oct 10, 2025 to Oct 12, 2026. GIND $9,067. SPY $12,044. Use the arrow keys to read each point.$8,022$10,190$12,358Oct 2025Apr 2026Oct 2026

Oct 10, 2025 – Oct 12, 2026

Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GIND. Periods over one year show the average yearly return.
PeriodGIND
Year to date−10.1%
1 month−3.7%
3 months−3.1%
1 year−9.3%
3 yearsFund is under 3 years oldper year—
5 yearsFund is under 5 years oldper year—
10 yearsFund is under 10 years oldper year—

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GIND
YearReturn barGIND
2026 YTD−10.1%
2025+5.6%

Since listing, Apr 1, 2025

GIND in the news

Filtered to GIND · India

GIND Dividends

Last payment
$0.17 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution data unavailable.

Distribution history

2026

One bar per payment. 1 payment in 2026 YTD. Sep 24, 2026 $0.17. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Sep 24, 2026Sep 30, 2026$0.17

GIND Risk

How much the fund’s monthly returns vary, scaled to a year.
15.9%
Annualised · 17 months to Sep 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
−0.60
vs 3-month T-bills · 17 months to Sep 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−23.0%
18 months · trough Mar 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
0.87
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GIND Cost

Expense ratio0.75%
  • The middle half of India funds
  • Median 0.75%

8 of the 19 India funds charge less.

GIND costs $75.00 a year on $10,000. The median India fund costs $75.00.

Other funds in India