iShares MSCI India ETF INDA

iShares MSCI India ETF, managed by BlackRock, Inc., was launched on 2 February, 2012. Its goal is to monitor the performance of securities comprising its benchmark, the MSCI India Index. This index consists of equities in the Indian market that entities outside India may invest in.

The iShares MSCI India ETF intends to invest most of its resources in the securities comprising its benchmark index and other securities with economic traits comparable to those in the index. Through this strategy, investors interested in building a portfolio with a single-country perspective will have access to a substantial segment of India's stock market and the mid-to-large-sized companies participating in it. IShares MSCI India ETF can be paired with iShares MSCI India Small-Cap ETF (SMIN) to expand the fund's coverage. Being concentrated in a single geographic sector, India, the fund is non-diversified.

The top sectors in which the fund operates include financials, information technology, energy, materials, consumer staples, consumer discretionary, healthcare, industrials, utilities, communication, cash and/or derivatives, and real estate. Its base currency is the US dollar. iShares MSCI India ETF trades on the NASDAQ using the stock ticker INDA.

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