GLIN vs INDA

GLINBVanEck India Growth Leaders ETF

INDAAiShares MSCI India ETF

In short

GLIN Most India ETFs buy the index and call it a day. GLIN runs a fundamentals screen instead, picking roughly 80 Indian companies of all sizes on growth, quality and price. It has been doing this since 2010.

INDA The 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

GLIN GLIN seeks to track the MarketGrader India All-Cap Growth Leaders Index before fees and expenses. The index selects Indian companies with favorable fundamentals and attractive growth potential at reasonable prices.

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

Why people hold it

• GLIN Not cap-weighted. The MarketGrader index screens Indian companies on growth, profitability, quality and value, then holds roughly 80 of the winners.
• All-cap by design, so mid and smaller Indian names sit next to the megacaps that dominate the standard India benchmarks.vaneck.com
• Running since 2010 and it does what the label says: Indian equities, all sizes, growth screen, no style drift.
• The 0.72% fee sits just under the typical India fund, and it lands in the upper half of its India peer group overall.

• INDA 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

• GLIN Plain-index India exposure costs far less. FLIN charges 0.19%. With GLIN you are paying up for the stock screen.
• Trades lightly compared with the largest India ETFs, so spreads can widen. Limit orders matter more here.
• One country, roughly 80 stocks, one style. Results can diverge widely from broad India benchmarks in either direction.

• INDA 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).

Full GLIN profile⁠

Full INDA profile⁠