With the growth
being experienced by the Indian
economy, investors and traders have been searching for alternatives
without the need to open a brokerage account and deal with native
currency exchanges. Whilst investing in Indian American Depository
Receipts remains an alternative, the Indian iShares ETF provides the
opportunity for investors to gain exposure to a basket of Indian
stocks. With the full power to go long, short and use as a hedge,
Indian exchange traded funds are a welcome additional to the financial
markets.
Make
your money work for you. Discover how to compound your money by 6% a
month trading ETF's.
The Indian ishares
ETF
The India exchange traded fund is traded on the Singapore exchange and
denominated in US dollars. The fund seeks to replicate results that
correspond to the MSCI India Index.
Top 10 Holdings
1. Infosys
Technologies 13.46%
2. Reliance Industries 13.09%
3. ICICI Bank 8.21%
4. Housing Dev Finance Corp 4.33%
5. Reliance Communication 3.90%
6. Oil & Natural Gas Corp 3.49%
7. Satyam Computer 3.35%
8. HDFC Bank 3.14%
9. Larsen & Toubro Ltd 2.62%
10. ITC Limited 2.54%
Sector Composition
Breakdown
Information
Technology 21.19%
Financials 20.12%
Energy 17.23%
Industrials 9.19%
Consumer Discretionary 6.25%
Consumer Staples 6.07%
Materials 6.03%
Health Care 4.91%
Telecommunication Services 4.68%
Utilities 2.31%
iPath MSCI India
Index ETN (INP)
This Indian Index ETF seeks to capture the performance of the MSCI
India Total Return Index. The Index seeks to represent 85% of the
market capitalization (free float) of the equity securities by industry
group within India.
Top 10 Holdings:
Reliance Industries
Ltd: 14.47%
Infosys Technologies Ltd:10.73%
Technology ICICI Bank Ltd: 8.67%
Development Finance Corp. Ltd: 4.61%
Reliance Communications Ltd: 4.17%
Larsen & Toubro Ltd: 3.37%
HDFC Bank Ltd: 3.33%
Oil & Natural Gas Corp. Ltd: 2.86% }
Satyam Computer Services Ltd: 2.73%
Bharat Heavy Electricals Ltd: 2.47%
First Trust ISE Chindia Index (FNI)
This ETF seeks to replicate the performance of the ISE Chindia Index.
Although not completely India based, investors can gain exposure to a
basket of Indian and Chinese stocks.
Top 10 Holdings:
China Mobile Ltd
Depository Receipts: 7.54%
PetroChina Co Ltd Depository Receipts: 7.24%
ICICI Bank Ltd Depository Receipts: 6.88%
China Petroleum and Chemical Corp (Sinopec) Deposit: 6.69%
Infosys Technologies Ltd Depository Receipts: 6.64%
Satyam Computer Services Ltd Depository Receipts: 6.35%
Aluminum Corporation of China Ltd Depository Receipts: 4.74%
China Life Insurance Co Ltd Depository Receipts: 4.22%
CNOOC Ltd Depository Receipts: 4.06%
HDFC Bank Ltd Depository Receipts: 3.82%
Indian ETF products are a popluar way to capitalise on the growth being
experienced by the Chinese and Indian economies.
Next Article: Gold
ETF
|
