Symbols

INDY

iShares India 50 ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

639.17MUSD

Fund Flows (1Y)

-189.50MUSD

Dividend Yield

8.25%

Discount/Premium to NAV

0.35%

Shares Outstanding

13.25M

Expense Ratio

0.65%

About iShares India 50 ETF

Issuer

BlackRock Fund Advisors

Brand

iShares

Home Page

https://www.ishares.com/us/products/239758/ishares-india-50-etf

Inception Date

Nov 18, 2009

Structure

Open-Ended Fund

Index Tracked

Nifty 50 Index

Management Style

Passive

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

BlackRock Fund Advisors

Distributor

BlackRock Investments LLC

INDY captures large-cap Indian equities by tracking the Nifty 50 Index, an index that holds a concentrated portfolio of 50 blue-chip companies traded on India's National Stock Exchange. This covers approximately 66% of the Indian companies by market capitalization. The index uses market-cap and liquidity screens in identifying its constituents. Selected securities are then weighted by market-cap and reconstituted on a semi-annual basis. Overall, INDY offers a decent, plain-vanilla take on Indian large-cap stocks.