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Launched

Global X - India Active ETF

NDIANYSE ArcaB

$26.03+0.53 (+2.09%)

As of Oct 13, 2026, 3:57 PM

B62/ 100

Rank 7 of 19 in India

B62/100Rank 7 of 19inIndia
Intraday session: up, 11 prints from 25.50 to 26.03. Range 25.50 to 26.05. Use the arrow keys to read each point.25.6025.7025.8025.9010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$47M
1Y total return
−11.6%
Yield · Last 12 months
1.28%
Holdings
33
Avg volume · 30D
0M sh
NAV per share
$25.56
52W range
low $25.04high $30.68
Launched

The ETF.net NDIA Grade

Based on 5 of 6 pillars

B

Score 62 out of 100

Category
India⁠
Rank
7 of 19
Six-pillar profile for NDIA. Scores out of 100: Cost 47, Risk 58, Mission 98, Tradability 43, Holdings not scored, Durability 43. Strongest: Mission (98). Weakest: Durability (43). Based on 5 of 6 pillars.

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.
    A98 out of 100
    Rank 9 of 12

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    B58 out of 100
    Rank 6 of 19

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    C43 out of 100
    Rank 11 of 19

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    Not scored

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    C43 out of 100
    Rank 13 of 19

Our read on NDIA

ETF.net Research

BMost India ETFs hand you an index and a few hundred names. NDIA is a stockpicker: about 30 companies chosen for business quality and domestic-driven growth, held on a four- to five-year view.

Stated mandate

The fund seeks long-term capital growth through active exposure to India, emphasizing companies with quality business models and management teams and domestic-driven growth over a four- to five-year horizon.

Why people hold it

  1. 01Actively run, not index-shadowing. A concentrated book of roughly 30 Indian companies, selected for quality business models and management teams, with long-term capital growth as the stated goal.globalxetfs.com
  2. 02Costs 0.75% a year, level with the typical India ETF fee. Active stock selection at passive-median pricing is a rarer combination than it sounds.
  3. 03Does what the label says. Pure India equity, quality screen, domestic-growth tilt, with very little drift from the advertised brief compared with its single-country peers.globalxetfs.com

Worth knowing

  1. 01Cheaper index routes to the same country exist: FLIN charges 0.19% and INDA 0.61%. The extra fee here buys a manager's judgment, not broader coverage.
  2. 02About 30 holdings means individual names carry real weight, and the whole portfolio rides one emerging market's economy and currency.
  3. 03Trades lightly next to the giant India index funds and launched in 2023, so spreads can be wider and the live track record is still short.

NDIA Holdings

As of Oct 11, 2026
Asset class
Stocks
Holdings
33
Top-10 weight
55%
Largest holding
IBN8.2%

Sectors

  • Financials32.1%
  • Consumer Discretionary12.0%
  • Industrials10.9%
  • Energy8.8%
  • Materials8.2%
  • Consumer Staples6.1%
  • Communication5.8%
  • Technology5.8%
  • Health Care4.0%
  • Utilities3.6%
  • Real Estate2.7%

Geography

  • India100.00%

Developed 0% · Emerging 100% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001IBNIcici Bank Ltd-Spon Adr8.24%139,651$4M50
002—Hdfc Bank Limited7.86%508,440$4M3
003RIGD.ILReliance Inds-Spons Gdr 144A6.53%64,007$3M9
004—Axis Bank Ltd6.32%229,485$3M4
005—Bharti Airtel Ltd5.89%149,244$3M3
006LT.NSLarsen & Toubro Ltd4.52%55,839$2M47
007—Titan Co Ltd4.04%41,917$2M2
008—Apollo Hospitals Enterprise3.91%22,255$2M3
009—Ultratech Cement Ltd3.86%16,555$2M6
010NTPC.NSNtpc Ltd3.47%508,643$2M51
011INFYInfosys Ltd-Sp Adr3.46%152,705$2M52
012ETERNAL.NSEternal Ltd2.70%382,530$1M59
013SAIL.NSSteel Authority of India2.70%718,912$1M17
014—Prestige Estates Projects2.54%82,736$1M3
015TCS.NSTata Consultancy Svcs Ltd2.41%51,119$1M66

Showing 1–15 of 33 holdings

NDIA Performance

Launched Aug 17, 2023

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.
NDIA$8,840
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. NDIA $8,840. SPY $12,044. Use the arrow keys to read each point.$8,541$10,430$12,320Oct 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 NDIA. Periods over one year show the average yearly return.
PeriodNDIA
Year to date−14.5%
1 month−5.0%
3 months−7.2%
1 year−11.6%
3 yearsper year+1.7%
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 NDIA
YearReturn barNDIA
2026 YTD−14.5%
2025+5.0%
2024+5.8%
2023+12.7%

History from Aug 18, 2023

NDIA in the news

Filtered to NDIA · India

NDIA 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 12, 2026.
1.28%Last 12 months
Payout per share
$0.33Last 12 months
Last payment
$0.33 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Annual

Distribution history

2023–2026

One bar per payment. 3 payments from 2023 to 2026 YTD. Dec 28, 2023 $0.08; Dec 30, 2024 $1.05; Dec 30, 2025 $0.33. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 7, 2026$0.33
Dec 30, 2024Jan 7, 2025$1.05
Dec 28, 2023Jan 8, 2024$0.08

NDIA Risk

How much the fund’s monthly returns vary, scaled to a year.
14.5%
Annualised · 36 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.
−0.07
vs 3-month T-bills · 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.
−22.0%
37 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.
0.38
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.

NDIA Cost

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

8 of the 19 India funds charge less.

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

Other funds in India

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