INDA vs NFTY

INDAAiShares MSCI India ETF

NFTYBFirst Trust India NIFTY 50 Equal Weight ETF

In short

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.

NFTY Most India funds are a bet on a few megacaps. NFTY splits the NIFTY 50 evenly, so the fiftieth name carries the same weight as the first. Large caps only, rules-based, running since 2012.

Stated mandate

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

NFTY NFTY seeks to track, before fees and expenses, the price and yield of the NIFTY 50 Equal Weight Index. It normally invests at least 90% of net assets in common stocks comprising that Index.

Why people hold it

• 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.

• NFTY Equal weight is the whole point: about 50 NIFTY large caps, each given the same slice, so one or two Indian giants don't set the tone.ftportfolios.com
• Tight mandate: normally at least 90% of net assets sit in the common stocks of its index. No stock-picking side quests.ftportfolios.com
• Listed since 2012, so this is a long-running vehicle rather than a fresh idea chasing an India headline.
• The portfolio stays glued to what the documents promise: a passive, index-tracking slice of India's largest listed companies.

Worth knowing

• 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).

• NFTY Costs 0.80% a year, above the India-ETF median of 0.75% and far above cap-weighted options like FLIN at 0.19%.
• Equal weight cuts both ways: when India's biggest names lead, this fund holds less of them than cap-weighted rivals such as INDA or INDY.
• It trades lightly next to the largest India ETFs, so spreads and order type matter more here than in a household-name fund.

Full INDA profile⁠

Full NFTY profile⁠