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Launched · SEC filings

iShares MSCI India ETF

INDACboeiSharesA

$48.45+0.73 (+1.53%)

At close: Nov 2, 2026, 4:00 PM ET

A86/ 100

Rank 1 of 19 in India

A86/100Rank 1 of 19inIndia
Intraday session: up, 79 prints from 47.72 to 48.45. Range 48.17 to 48.53. Use the arrow keys to read each point.48.0048.2010 AM12 PM2 PM4 PM
Expense ratio
0.61%
Fund size
$5.84B
1Y total return
−11.6%
Yield · Last 12 months
0.00%
Holdings
168
Avg volume · 30D
5.28M sh
52W range
low $45.21high $55.10
Launched
Filings
SEC EDGAR

The ETF.net INDA Grade

A

Score 86 out of 100

Category
India⁠
Rank
1 of 19
Six-pillar profile for INDA. Scores out of 100: Cost 89, Risk 55, Mission 100, Tradability 100, Holdings 70, Durability 94. Strongest: Mission (100). Weakest: Risk (55). No single pillar leads.

Score 86 of 100 falls in the A 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.
    A89 out of 100
    Rank 3 of 19

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 13

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B55 out of 100
    Rank 7 of 19

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    A100 out of 100
    Rank 1 of 19

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    A70 out of 100
    Rank 8 of 18

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    A94 out of 100
    Rank 1 of 19

Our read on INDA

ETF.net Research

In short

AThe default India trade for US investors: one big, heavily traded fund holding roughly 160 mostly larger Indian companies, running since 2012. Priced below the typical India fund, though it is not the category's price leader.

Stated mandate

The fund seeks to track an index composed of Indian equities, providing targeted exposure to India.

Why people hold it

  • Charges 0.61% a year against a 0.75% median for US-listed India funds, so the access fee sits below the category's going rate.
  • A multi-billion-dollar fund and among the most actively traded in its category, so getting in or out rarely means fighting a thin order book.
  • Tracks the MSCI India Index with no side bets, and rates as one of the strongest implementations among US-listed India funds. Live since 2012.

Worth knowing

  • FLIN runs a broad India index for 0.19%. Here you pay up for the deeper trading and the longer live record.
  • One country, one currency. Rupee moves land in your return alongside Indian share prices.
  • Roughly 160 holdings skewed to India's bigger listed names; the small-cap tier sits in a separate fund (SMIN).

INDA Holdings

Holdings pillarA70 out of 100Rank 8 of 18 in India
Asset class
Stocks
Holdings
168
Top-10 weight
35%
Largest holding
HDFCBANK.NS6.3%

Sectors

  • Financials30.1%
  • Consumer Discretionary12.9%
  • Industrials10.5%
  • Materials8.4%
  • Technology7.7%
  • Energy7.6%
  • Health Care7.1%
  • Communication5.5%
  • Consumer Staples5.0%
  • Utilities3.9%
  • Real Estate1.4%

Geography

  • India100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 12.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1HDFCBANK.NSHdfc Bank6.28%50,134,204$366M51
2ICICIBANK.NSIcici Bank5.91%23,360,280$344M48
3RELIANCE.NSReliance Industries Ltd5.32%25,230,991$310M58
4BHARTIARTL.NSBharti Airtel Ltd4.40%12,318,746$256M52
5INFY.NSInfosys2.86%13,350,398$167M55
6AXISBANK.NSAxis Bank2.24%10,166,395$130M44
7LT.NSLarsen and Toubro Ltd2.07%2,957,310$121M50
8KOTAKBANK.NSKotak Mahindra Bank Ltd2.00%24,001,433$117M49
9M&M.NSMahindra and Mahindra Ltd1.96%3,818,748$114M79
10BAJFINANCE.NSBajaj Finance Ltd1.86%10,925,272$108M42
11TCS.NSTata Consultancy Services Ltd1.62%3,571,325$94.1M71
12SBIN.NSState Bank of India1.41%8,098,933$82M57
13No dataBlk Csh Fnd Treasury Sl Agency1.32%77,021,857$77M437
14ETERNAL.NSEternal1.30%20,956,287$75.8M62
15SUNPHARMA.NSSun Pharmaceutical Industries1.27%3,947,114$73.9M50

Showing 1–15 of 168 holdings

INDA Performance

Launched Feb 2, 2012

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

INDA$8,842
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. INDA $8,842. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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 INDA. Periods over one year show the average yearly return.
PeriodINDA
Year to date−11.7%
1 month+2.2%
3 months−4.2%
1 year−11.6%
3 yearsper year+3.6%
5 yearsper year+1.0%
10 yearsper year+6.3%

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 INDA
YearReturn barINDA
2026 YTD−11.7%
2025+2.7%
2024+8.6%
2023+17.2%

INDA in the news

INDA Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.00%Last 12 months
Payout per share
NoneLast 12 months

No distributions in the last 12 months.

Distribution history

Payments through 2024

One bar per payment. 18 payments from 2015 to 2024. Jun 25, 2015 $0.13; Dec 21, 2015 $0.20; Jun 22, 2016 $0.17; Dec 21, 2016 $0.07; Jun 20, 2017 $0.13; Dec 19, 2017 $0.27; Jun 19, 2018 $0.05; Dec 18, 2018 $0.25; Dec 28, 2018 $0.02; Jun 17, 2019 $0.32; Dec 16, 2019 $0.03; Jun 15, 2020 $0.08; Dec 14, 2020 $0.03; Jun 10, 2021 $0.04; Dec 13, 2021 $2.88; Dec 30, 2021 $0.03; Jun 7, 2023 $0.08; Dec 17, 2024 $0.40. Use the arrow keys to read each point.2015201620172018201920202021202220232024
Ex-datePay dateAmount per share
Dec 17, 2024Dec 20, 2024$0.40
Jun 7, 2023Jun 13, 2023$0.08
Dec 30, 2021Jan 5, 2022$0.03
Dec 13, 2021Dec 17, 2021$2.88
Jun 10, 2021Jun 16, 2021$0.04
Dec 14, 2020Dec 18, 2020$0.03
Jun 15, 2020Jun 19, 2020$0.08
Dec 16, 2019Dec 20, 2019$0.03
Jun 17, 2019Jun 21, 2019$0.32
Dec 28, 2018Jan 4, 2019$0.02
Dec 18, 2018Dec 24, 2018$0.25
Jun 19, 2018Jun 25, 2018$0.05

See all 24 payments⁠

$10,000 in INDA 10 years ago paid $1,663 in dividends.⁠

INDA Risk

Risk pillarB55 out of 100Rank 7 of 19 in India
How much the fund’s monthly returns vary, scaled to a year.
13.7%
Annualised · 36 months to Oct 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.
0.00007
vs 3-month T-bills · to Oct 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.
−22.7%
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.
0.56
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.

FMP measures it over up to five years of monthly returns.

INDA Cost

Compare INDA and FLIN

Overpaying vs FLIN, tied cheapest in India

$8,046

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • INDA 0.61%

    $11,998

  • FLIN 0.19% Tied cheapest

    $3,952

$10,000
30 years

Cost over time

  • INDA 0.61%
  • FLIN 0.19%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530INDA $11,998FLIN $3,952

Year by year

YearINDAFLINOverpaying
10$1,093$347$746
20$4,181$1,351$2,830
30$11,998$3,952$8,046

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