iShares MSCI India ETF

iShares MSCI India ETF

About

iShares MSCI India ETF (US46429B5984) is a US-listed equity ETF tracking the MSCI India Index (Net). With a expense ratio of 0.61%, its costs are on the higher end for an ETF, paying distributions. The fund holds 172 positions across 1 region with 6.9B in assets, with heavy concentration — 99% in India, 30% in Financials.

Score Breakdown

Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jun 22, 2026
Component Score Details
Cost (30%) 7.4 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 1.2
Liquidity (25%) 10.0 Assets Under Management

Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.

Ticker INDA
ISIN
Fund Size $6.9B
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Feb 2012
Base Currency USD
Index MSCI India Index (Net)
Asset Class Equities
Category Indian Equity

Costs

7.4
This fund has moderate costs compared to similar ETFs.

Cost Metrics Explained

What expense ratio, tracking difference, and TD consistency measure

Expense ratio (Total Expense Ratio) is the annual fee the fund charges, deducted from assets. It’s the headline cost, but not the full picture.

Tracking Difference measures how much the fund actually lags (or leads) its benchmark index per year. This is the single best measure of true cost — it captures the expense ratio plus all other drags like sampling error and tax withholding. A lower (or negative) value is better.

TD Consistency measures how stable the tracking difference is from year to year. A low value means predictable, reliable costs; a high value means costs can vary significantly.

Expense Ratio0.00%
 
Metric Value
Expense Ratio 0.61%

Cumulative Returns

Performance across different time periods.
Year to Date+0.00%
1 Year+0.00%
3 Years+0.00%
5 Years+0.00%
Inception+0.00%
 
Period Cumulative Return
1 Month
3 Months
6 Months
1 Year -10.64%
3 Years +5.38%
5 Years +3.29%
10 Years +7.03%
YTD -10.57%
Since Inception +5.63%

Holdings

This fund invests into 172 individual investments.
#1
HDFC Bank Ltd
6.32%
#2
Reliance Industries Ltd
6.06%
#3
ICICI Bank Ltd
5.43%
#4
Bharti Airtel Ltd
3.98%
#5
Infosys Ltd
2.43%
#6
Axis Bank Ltd
2.31%
#7
BLK CSH FND TREASURY SL AGENCY
2.21%
#8
Larsen & Toubro Ltd
2.16%
#9
Mahindra & Mahindra Ltd
2.05%
#10
Bajaj Finance Ltd
1.83%
View all holdings (50)
# Holding Ticker Weight
1 HDFC Bank Ltd HDFCBANK 631.95%
2 Reliance Industries Ltd RELIANCE 606.12%
3 ICICI Bank Ltd ICICIBANK 542.56%
4 Bharti Airtel Ltd BHARTIARTL 398.23%
5 Infosys Ltd INFY 243.08%
6 Axis Bank Ltd AXISBANK 231.49%
7 BLK CSH FND TREASURY SL AGENCY XTSLA 221.23%
8 Larsen & Toubro Ltd LT 215.67%
9 Mahindra & Mahindra Ltd M&M 205.02%
10 Bajaj Finance Ltd BAJFINANCE 182.77%
11 Kotak Mahindra Bank Ltd KOTAKBANK 167.65%
12 State Bank of India SBIN 146.68%
13 Tata Consultancy Services Ltd TCS 132.51%
14 Sun Pharmaceutical Industries Ltd SUNPHARMA 126.70%
15 NTPC Ltd NTPC 122.27%
16 Titan Co Ltd TITAN 120.06%
17 Maruti Suzuki India Ltd MARUTI 120.04%
18 Hindustan Unilever Ltd HINDUNILVR 117.58%
19 Bharat Electronics Ltd BEL 114.62%
20 Tata Steel Ltd TATASTEEL 114.37%
21 Shriram Finance Ltd SHFL 108.45%
22 Hindalco Industries Ltd HINDALCO 99.20%
23 Power Grid Corp of India Ltd POWERGRID 93.85%
24 UltraTech Cement Ltd ULTRACEMCO 90.97%
25 INR CASH INR 81.90%
26 Asian Paints Ltd ASIANPAINT 80.35%
27 Eicher Motors Ltd EICHERMOT 79.35%
28 HCL Technologies Ltd HCLTECH 75.86%
29 Adani Ports & Special Economic Zone Ltd ADANIPORTS 73.48%
30 InterGlobe Aviation Ltd INDIGO 72.31%
31 Grasim Industries Ltd GRASIM 67.02%
32 ITC Ltd ITC 66.95%
33 Apollo Hospitals Enterprise Ltd APOLLOHOSP 66.86%
34 Trent Ltd TRENT 66.34%
35 Nestle India Ltd NESTLEIND 64.06%
36 TVS Motor Co Ltd TVSMOTOR 63.63%
37 SBI Life Insurance Co Ltd SBILIFE 63.55%
38 Divi's Laboratories Ltd DIVISLAB 61.89%
39 JSW Steel Ltd JSWSTEEL 60.97%
40 Cummins India Ltd CUMMINSIND 60.32%
41 Max Healthcare Institute Ltd MAXHEALTH 58.71%
42 Tech Mahindra Ltd TECHM 58.24%
43 Hindustan Aeronautics Ltd HAL 57.66%
44 Tata Motors Ltd /new TMCV 56.80%
45 Coal India Ltd COALINDIA 54.50%
46 Jio Financial Services Ltd JIOFIN 54.48%
47 Cholamandalam Investment and Finance Co Ltd CHOLAFIN 54.37%
48 GE Vernova T&D India Ltd GVT&D 54.35%
49 BSE Ltd BSE 54.06%
50 Adani Power Ltd ADANIPOWER 54.04%

Sectors

Allocation by industry sector.
 
Sector Weight
Financials 3001.00%
Consumer Discretionary 1192.00%
Industrials 1151.00%
Materials 895.00%
Energy 834.00%
Technology 659.00%
Health Care 610.00%
Consumer Staples 562.00%
Communication Services 511.00%
Utilities 399.00%
Real Estate 130.00%
Unknown 56.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
India 9943.00%
UNKNOWN 57.00%

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