FLIN ranks 1st and INDZ 14th of 19 funds in the India Category.
FLIN vs INDZ
19.4%by weight
FLIN −0.56pt a year
0.19%0.75%
FLIN 317.0×the volume
588K1.85K
FLIN vs INDZ Performance
−4.6%−6.9%
- FLIN 0.19%, better
- INDZ 0.75%
- FLIN $2.53B
- INDZ $5M
- FLIN −11.8%
- INDZ
- FLIN 0.45%
- INDZ
- FLIN 278
- INDZ 71
- FLIN 588K sh, better
- INDZ 1.85K sh
- FLIN $33.93
- INDZ $23.42
ETF.net Grade
| Pillar | FLIN | INDZ |
|---|---|---|
| Cost | A97Higher | C42 |
| Mission | A100 | |
| Risk | B55 | B68Higher |
| Tradability | A83Higher | C47 |
| Holdings | A81Higher | B59 |
| Durability | A76Higher | F22 |
Rank among India funds
Same Category. FLIN and INDZ are both graded against the same 19 India funds, so their Grades compare head to head.
Our read on each fund
FLINA
INDZC
In short
FLIN Franklin's India fund runs the whole large- and mid-cap market at 0.19% a year, a fraction of what most India ETFs charge. Same country, same index-tracking job, cheaper meter running.
Stated mandate
FLIN The fund seeks to track, before fees and expenses, the performance of the FTSE India RIC Capped Index.
Why people hold it
Worth knowing
FLIN vs INDZ Holdings
How FLIN and INDZ differ
19.4%
Shared holdings make up 46.3% of INDZ and 21.2% of FLIN.
Level by level
- Holdings19.4%
Sector
No Sector split for INDZ.
Country, concentration and asset class
Country
| Country | More in FLINMore in INDZ | FLIN | INDZ |
|---|---|---|---|
| India | Same weight | 100.0% | 100.0% |
Outside the US: FLIN 0% developed, 100% emerging. INDZ 0% developed, 100% emerging.
Concentration
- FLIN30.7%
- INDZ34.9%
- FLIN275
- INDZ69
Asset class
- FLIN
- Equity
- INDZ
- Equity
Holdings
- Only in FLIN251
- In both24
- Only in INDZ45
Only in FLIN
251 securities, 78.8% of FLIN by weight
- Reliance Industries Limit5.15%
- Infosys Ltd2.75%
- Axis Bank Ltd1.84%
- Mahindra & Mahindra Ltd1.73%
- Larsen & Toubro Ltd1.72%
- Bajaj Finance Ltd1.68%
- Tata Consultancy Svcs Ltd1.68%
- Kotak Mahindra Bank Ltd1.67%
- Sun Pharmaceutical Indus1.25%
- State Bank of India1.17%
- Hindustan Unilever Ltd1.10%
- Titan Co Ltd1.08%
- Eternal Ltd1.03%
- Ntpc Ltd0.99%
- Maruti Suzuki India Ltd0.95%
- Hcl Technologies Ltd0.95%
- Adani Ports and Special E0.90%
- Ultratech Cement Ltd0.90%
- Tata Steel Ltd0.89%
- Bharat Electronics Ltd0.87%
- Hindalco Industries Ltd0.85%
- Power Grid Corp of India0.79%
- Shriram Finance Ltd0.76%
- Tech Mahindra Ltd0.75%
- Jsw Steel Ltd0.72%
- Grasim Industries Ltd0.71%
- Asian Paints Ltd0.69%
- Adani Power Ltd0.68%
- Tvs Motor Co Ltd0.63%
- Coal India Ltd0.61%
- Interglobe Aviation Ltd0.61%
- Oil & Natural Gas Corp Lt0.57%
- Nestle India Ltd0.55%
- Dr. Reddy's Laboratories0.55%
- Trent Ltd0.54%
- Tata Motors Ltd /New0.54%
- Itc Ltd0.53%
- Cipla Ltd0.52%
- Adani Enterprises Ltd0.52%
- Sbi Life Insurance Co Ltd0.47%
- Coforge Limited0.47%
- Indian Hotels Co Ltd0.46%
- Bajaj Auto Ltd0.45%
- Samvardhana Motherson Int0.45%
- Hero Motocorp Ltd0.44%
- Tata Consumer Products Lt0.44%
- One 97 Communications Ltd0.44%
- Jio Financial Services Lt0.44%
- Bajaj Finserv Ltd0.42%
- Max Healthcare Institute0.42%
Only in INDZ
45 securities, 52.1% of INDZ by weight
- Reliance Industries Ltd4.01%
- Larsen & Toubro Ltd3.46%
- Fsn E-Commerce Ventures Ltd2.93%
- Multi Commodity Exchange Of India Ltd2.59%
- Crisil Ltd2.40%
- Vedanta Aluminium Metal Ltd2.27%
- Capri Global Capital Ltd2.15%
- Tata Power Co Ltd/The1.83%
- Ptc Industries Ltd1.45%
- Billionbrains Garage Ventures Ltd1.31%
- Hdfc Asset Management Co Ltd1.25%
- Navin Fluorine International Ltd1.23%
- Poonawalla Fincorp Ltd1.23%
- Pidilite Industries Ltd1.20%
- V-Guard Industries Ltd1.20%
- Cg Power And Industrial Solutions Ltd1.20%
- Radico Khaitan Ltd1.19%
- Ccl Products India Ltd1.16%
- Krishna Institute Of Medical Sciences L1.16%
- Uno Minda Ltd1.15%
- Sjs Enterprises Ltd1.14%
- Au Small Finance Bank Ltd1.11%
- Elgi Equipments Ltd1.09%
- Rr Kabel Ltd1.08%
- Netweb Technologies India Ltd0.74%
- Acutaas Chemicals Ltd0.69%
- Hfcl Ltd0.65%
- Nuvama Wealth Management Ltd0.60%
- Cemindia Projects Ltd0.58%
- Fractal Analytics Ltd0.56%
- Astra Microwave Products Ltd0.55%
- Shaily Engineering Plastics Ltd0.55%
- Data Patterns India Ltd0.51%
- Thyrocare Technologies Ltd0.51%
- Ask Automotive Ltd0.51%
- Pearl Global Industries Ltd0.51%
- Godrej Agrovet Ltd0.50%
- Deep Industries Ltd0.50%
- Avalon Technologies Ltd0.50%
- Neuland Laboratories Ltd0.50%
- Rainbow Children's Medicare Ltd0.49%
- Atul Ltd0.48%
- Pricol Ltd0.48%
- Precision Wires India Ltd0.46%
- Pondy Oxides & Chemicals Ltd0.46%
Weight gaps
All 24 Holdings in both funds, largest gap first.
| Holding | More in FLINMore in INDZ | FLIN | INDZ |
|---|---|---|---|
| Bse Ltd | INDZ +2.64 points | 0.46% | 3.10% |
| Cholamandalam Investment | INDZ +2.42 points | 0.45% | 2.87% |
| Hindustan Aeronautics Ltd | INDZ +2.26 points | 0.61% | 2.87% |
| Pb Fintech Ltd | INDZ +2.23 points | 0.23% | 2.46% |
| Apollo Hospitals Enterpri | INDZ +2.23 points | 0.57% | 2.80% |
| Hitachi Energy India Ltd | INDZ +2.18 points | 0.24% | 2.42% |
| Hdfc Bank Limited | FLIN +1.29 points | 5.20% | 3.91% |
| Dr Lal Pathlabs Ltd | INDZ +1.17 points | 0.09% | 1.26% |
| Ipca Laboratories Ltd | INDZ +1.07 points | 0.18% | 1.25% |
| Endurance Technologies Lt | INDZ +1.07 points | 0.05% | 1.12% |
| Oberoi Realty Ltd | INDZ +1.00 points | 0.13% | 1.13% |
| Aditya Birla Capital Ltd | INDZ +0.99 points | 0.19% | 1.18% |
| Persistent Systems Ltd | INDZ +0.99 points | 0.42% | 1.41% |
| Marico Ltd | INDZ +0.98 points | 0.28% | 1.26% |
| Hindustan Copper Ltd | INDZ +0.97 points | 0.10% | 1.07% |
| Solar Industries India Lt | INDZ +0.96 points | 0.30% | 1.26% |
| Kei Industries Ltd | INDZ +0.90 points | 0.15% | 1.05% |
| Torrent Pharmaceuticals L | INDZ +0.73 points | 0.45% | 1.18% |
| Eicher Motors Ltd | INDZ +0.59 points | 0.67% | 1.26% |
| Bharti Airtel Ltd | INDZ +0.49 points | 4.05% | 4.54% |
| Icici Bank Ltd | FLIN +0.48 points | 4.88% | 4.40% |
| Divi's Laboratories Ltd | INDZ +0.47 points | 0.82% | 1.29% |
| Gujarat Fluorochemicals L | INDZ +0.44 points | 0.10% | 0.54% |
| Laurus Labs Ltd | INDZ +0.05 points | 0.58% | 0.63% |
How we measure overlap
Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.
FLIN vs INDZ Cost
Overpaying INDZ vs FLIN
$10,530
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
FLIN 0.19%
$3,952
INDZ 0.75%
$14,482
Cost over time
Year by year
| Year | FLIN | INDZ | Overpaying |
|---|---|---|---|
| 10 | $347 | $1,336 | $989 |
| 20 | $1,351 | $5,078 | $3,727 |
| 30 | $3,952 | $14,482 | $10,530 |
- 0.19%FLIN, cheaper
- 0.75%INDZ
- Middle half of India funds
- Median 0.75%
FLIN cheapest of 19 funds
INDZ 10th cheapest of 19 funds
FLIN vs INDZ Dividends
- FLIN 0.45%
- INDZ
- FLIN $0.15
- INDZ None
- FLIN $0.15
- INDZ
- FLIN Dec 19, 2025
- INDZ
- FLIN Dec 29, 2025
- INDZ
- FLIN Twice a year
- INDZ
Distribution history
FLIN vs INDZ Risk
Fall from peak · 5 years
Risk facts
- Volatility
- FLIN 14.2%INDZ
- Return per unit of risk
- FLIN 0.05INDZ
- Worst fall
- FLIN −22.9%INDZ
- Market sensitivity
- FLIN 0.46INDZ 1.20
FLIN and INDZ in the news
Popular comparisons
- 0.19% · 0.61%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.61%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.19% · 0.65%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.65%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.19% · 0.74%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.
- 0.75% · 0.74%
- Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

