FLIN vs INQQ

FLINAFranklin FTSE India ETF

INQQFThe India Internet ETF

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.

INQQ Most e-commerce ETFs are Amazon-and-friends with a sprinkle of the world. INQQ goes the other way: a concentrated basket of Indian internet and online-commerce companies, and nothing else.

Stated mandate

FLIN The fund seeks to track, before fees and expenses, the performance of the FTSE India RIC Capped Index.

INQQ The fund seeks to track an index representing an investable universe of publicly traded Indian internet and ecommerce companies.

Why people hold it

• FLIN Charges 0.19% a year, well under the typical India ETF fee and under every other top-scoring fund in the group, including INDA, INDY and SMIN.
• Tracks the FTSE India RIC Capped Index with very little slippage, one of the tightest index-following records among India funds.
• Roughly 240 Indian stocks in one ticker, plus a billion-dollar-plus asset base and steady daily trading, so spreads stay manageable for ordinary orders.
• Live since 2018, giving it a multi-year track record through India's boom and its drawdowns rather than a fresh-off-the-line prospectus.

• INQQ Single-country focus. The index covers publicly traded Indian internet and ecommerce companies, a mandate its peers in the e-commerce cohort (EBIZ, IBUY, ONLN) don't offer.
• Plain plumbing: an index-tracking 1940 Act equity fund that owns the stocks. No swaps, no leverage, no derivatives overlay to unpack.
• Deliberately tight. A couple dozen names means the leading Indian internet businesses drive returns instead of being diluted by a 200-stock tail.
• From EMQQ Global, a boutique issuer built around emerging-market internet indexing, which launched INQQ in 2022 to isolate India.

Worth knowing

• FLIN One country, one currency. Indian politics, rates and a moving rupee land directly in the price, with no other market to cushion the swing.
• The RIC Capped index trims oversized positions to meet US fund diversification rules, so returns can drift from an uncapped India benchmark.
• Distributions come annually or semiannually, and Indian large caps are not a high-payout market. This is a growth-exposure tool, not an income stream.

• INQQ The specialty carries a specialty price: 0.86% a year, above broader e-commerce options like OGIG (0.48%) and EBIZ (0.50%).
• Small and thinly traded, so bid-ask spreads can run wider than in the large global e-commerce funds.
• One country, one theme, a couple dozen stocks. Indian market swings, currency moves and local regulation land here undiluted.

Full FLIN profile⁠

Full INQQ profile⁠