iShares MSCI India Small-Cap ETF

iShares MSCI India Small-Cap ETF

About

iShares MSCI India Small-Cap ETF (US46429B6149) is a US-listed equity ETF tracking the MSCI India Small Cap Index (Net). With a expense ratio of 0.74%, its costs are on the higher end for an ETF, paying distributions. The fund holds 466 positions across 1 region with 664M in assets, with heavy concentration — 92% in India.

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%) 7.3 Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio: 1.0
Liquidity (25%) 7.7 Assets Under Management

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

Ticker SMIN
ISIN
Fund Size $664.0M
Issuer iShares
Distribution Pays Distributions
Replication Physical
Inception Feb 2012
Base Currency USD
Index MSCI India Small Cap Index (Net)
Asset Class Equities
Category Factor Equity

Costs

7.3
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 0.74%

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 -7.75%
3 Years +10.58%
5 Years +7.28%
10 Years +9.79%
YTD -4.08%
Since Inception +8.74%

Holdings

This fund invests into 466 individual investments.
#1
Laurus Labs Ltd
1.48%
#2
Coforge Ltd
1.39%
#3
BLK CSH FND TREASURY SL AGENCY
1.31%
#4
Max Financial Services Ltd
1.29%
#5
Embassy Office Parks REIT
1.08%
#6
KEI Industries Ltd
1.04%
#7
Glenmark Pharmaceuticals Ltd
0.93%
#8
Apar Industries Ltd
0.83%
#9
RADICO KHAITAN LTD
0.82%
#10
Biocon Ltd
0.80%
View all holdings (50)
# Holding Ticker Weight
1 Laurus Labs Ltd LAURUSLABS 147.50%
2 Coforge Ltd COFORGE 138.88%
3 BLK CSH FND TREASURY SL AGENCY XTSLA 131.26%
4 Max Financial Services Ltd MFSL 128.54%
5 Embassy Office Parks REIT EMBASSY 108.06%
6 KEI Industries Ltd KEI 104.05%
7 Glenmark Pharmaceuticals Ltd GLENMARK 92.84%
8 Apar Industries Ltd APARINDS 82.53%
9 RADICO KHAITAN LTD RADICO 82.45%
10 Biocon Ltd BIOCON 80.03%
11 360 ONE WAM Ltd 360ONE 79.44%
12 Sona Blw Precision Forgings Ltd SONACOMS 79.36%
13 Navin Fluorine International Ltd NAVINFLUOR 74.12%
14 Delhivery Ltd DELHIVERY 71.74%
15 Piramal Finance Ltd PIRAMALFIN 68.79%
16 Ipca Laboratories Ltd IPCALAB 65.65%
17 INR CASH INR 63.32%
18 Blue Star Ltd BLUESTARCO 61.04%
19 UNO Minda Ltd UNOMINDA 57.48%
20 Krishna Institute of Medical Sciences Ltd KIMS 57.24%
21 JK Cement Ltd JKCEMENT 57.11%
22 Nippon Life India Asset Management Ltd NAM.INDIA 56.52%
23 Aster DM Healthcare Ltd ASTERDM 56.34%
24 AIA Engineering Ltd AIAENG 55.33%
25 HFCL LTD HFCL 54.71%
26 PNB Housing Finance Ltd PNBHOUSING 54.61%
27 Thermax Ltd THERMAX 54.36%
28 MTAR TECHNOLOGIES LTD MTARTECH 53.83%
29 Computer Age Management Services Ltd CAMS 53.32%
30 JB Chemicals & Pharmaceuticals Ltd JBCHEPHARM 52.57%
31 Crompton Greaves Consumer Electricals Ltd CROMPTON 51.59%
32 RBL Bank Ltd RBLBANK 51.38%
33 Brookfield India Real Estate Trust BIRET 49.84%
34 Amber Enterprises India Ltd AMBER 49.73%
35 LIC Housing Finance Ltd LICHSGFIN 49.66%
36 Redington Ltd REDINGTON 49.10%
37 Bandhan Bank Ltd BANDHANBNK 49.04%
38 Manappuram Finance Ltd MANAPPURAM 48.31%
39 SAI Life Sciences Ltd SAILIFE 48.06%
40 Angel One Ltd ANGELONE 47.69%
41 AMI Organics Ltd ACUTAAS 47.60%
42 KIRLOSKAR OIL ENGINES LTD KIRLOSENG 47.52%
43 Jubilant Foodworks Ltd JUBLFOOD 47.43%
44 KALPATARU PROJECTS INTERNATIONAL L KPIL 46.35%
45 Anand Rathi Wealth Ltd ANANDRATHI 45.30%
46 Cholamandalam Financial Holdings Ltd CHOLAHLDNG 44.36%
47 Hindustan Copper Ltd HINDCOPPER 44.25%
48 Wockhardt Ltd WOCKPHARMA 43.85%
49 Motilal Oswal Financial Services Ltd MOTILALOFS 42.77%
50 Mahindra & Mahindra Financial Services Ltd M&MFIN 42.37%

Sectors

Allocation by industry sector.
 
Sector Weight
Industrials 1846.00%
Financials 1738.00%
Health Care 1386.00%
Consumer Discretionary 1221.00%
Materials 1033.00%
Unknown 837.00%
Technology 724.00%
Consumer Staples 349.00%
Real Estate 326.00%
Utilities 266.00%
Communication Services 181.00%
Energy 93.00%

Regions

Geographic allocation by country of risk.
 
Country Weight
India 9162.00%
UNKNOWN 838.00%
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