"The iShares MSCI India ETF is the default vehicle for investors who want market-cap-weighted exposure to Indian equities without making a style bet. It tracks the MSCI India Index, which captures the large and mid-cap segments of the Indian market and represents roughly 85% of the investable universe by float-adjusted market capitalization."
"The portfolio reflects the structure of the Indian market itself. HDFC Bank and Reliance Industries are the top holdings, and financial services is the dominant sector weighting. Financials and IT services are the two largest pillars of listed Indian equity, and any broad-market India fund will carry a heavy tilt toward both."
India's economy is expected to grow faster than many developed nations, with projections from the IMF and World Bank indicating multi-year growth. US investors can access Indian equities through US-listed ETFs, with three major funds leading in assets and trading volume. Each fund offers a unique approach to capturing India's growth, influencing the sector mix and factor profile. Despite a recent pullback in Indian equities, long-term performance reveals structural differences among the funds, particularly the iShares MSCI India ETF, which provides broad market-cap-weighted exposure to the Indian market.
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