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INDL

ยทNYSE
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Key Stats
Assets Under Management
62.55MUSD
Fund Flows (1Y)
-14.62MUSD
Dividend Yield
3.05%
Discount/Premium to NAV
-0.14%
Shares Outstanding
1.10M
Expense Ratio
1.24%
About Direxion Daily MSCI India Bull 2X Shares
Issuer
Rafferty Asset Management, LLC
Brand
Direxion
Inception Date
Mar 11, 2010
Structure
Open-Ended Fund
Index Tracked
MSCI India Index
Management Style
Passive
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Rafferty Asset Management LLC
Distributor
Foreside Fund Services LLC
INDL provides an aggressive, daily 2x leveraged bet on the MSCI India Index. Anyone holding INDL for longer than a single trading day will be exposed to the effects of compounding, which means that the 2x multiple may not be achieved. Prior to January 3, 2017, INDL tracked the Indus India Index, and prior to October 30, 2020, the fund's leverage factor was daily 3x exposure. Its current index, the MSCI India Index, broadened INDL's exposure to cover approximately 85% of companies by market capitalization. The index is also rebalanced semi-annually.
Classification
Asset Class
Equity
Category
Size and Style
Focus
Total Market
Niche
Broad-based
Strategy
Vanilla
Geography
India
Weighting Scheme
Market Cap
Selection Criteria
Market cap
Returns
1-Month
3-Month
YTD
1-Year
3-Year
5-Year
Price Performance
-3.92%+3.23%-8.50%-8.08%+21.72%+32.14%
NAV Total Return
-2.67%+0.62%-5.36%-5.65%+27.15%+59.78%
Ratings

No data is currently available

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Holdings Analysis

Sector

Financial Services

29.05%

Consumer Cyclical

12.67%

Technology

10.34%

Energy

9.47%

Industrials

9.23%

Basic Materials

7.53%

Consumer Defensive

5.98%

Healthcare

5.77%

Communication Services

4.98%

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Asset

Region

100%

Category

Ratio

Asia

100.00%

Investment Style

Mega
Large
Medium
Multi
Small
Value
Blend
Growth

Large-Cap Blend

Invests in large-cap companies with both growth and value characteristics. These ETFs offer diversified exposure to stable, well-established companies.

Top 10 Holdings

Symbol

Ratio

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ISHARES MSCI INDIA ETF SWAP

55.48%
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INDA

iShares MSCI India ETF
49.91%
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ISHARES MSCI INDIA ETF SWAP-1

46.79%
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ISHARES MSCI INDIA ETF SWAP-2

33.52%
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DREYFUS GOVT CASH MAN INS

30.70%
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ISHARES MSCI INDIA ETF SWAP-3

14.31%
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GOLDMAN SACHS FIN GOV 465 INSTITUT

10.52%
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GOLDMAN FINL SQ TRSRY INST 506

9.33%

Top 10 Weight 250.55%

8 Total Holdings

Dividends

Dividend Payout History

Declaration Date
Record Date
Payment Date
Amount
2025-09-232025-09-232025-09-250.211
2025-06-242025-06-242025-07-010.199
2025-03-252025-03-252025-04-010.193
2024-12-232024-12-232024-12-310.347
2024-12-122024-12-122024-12-190.767
2024-09-242024-09-242024-10-010.148
2024-06-252024-06-252024-07-020.196

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Premium/Discount Chart
Premium/Discount to NAV
Price
Assets Under Management
Assets Under Management
Fund Flows
Inflows
Outflows