Aided by favorable demographics, a market-friendly government, and supply chain diversification, India’s economy is expected to grow above 6.5% for the foreseeable future.1
NDIA's active approach is supported by a Mumbai based team. Our parent Company, Mirae Asset entered India in 2008 and is one of the longest tenured foreign asset managers in the country with over $23bn in AUM.2
NDIA delivers access to experienced stock picking and portfolio management across a range of sectors.
1IMF, WEO October 2024
2Mirae Asset as of April 30, 2025
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
NAV | $30.57 | Daily Change | -$0.16 | -0.52% |
Market Price | $30.74 | Daily Change | -$0.08 | -0.26% |
Sector | Weight (%) | |
---|---|---|
Financials | 32.8 | |
Consumer Discretionary | 12.7 | |
Information Technology | 12.7 | |
Energy | 10.5 | |
Industrials | 9.0 | |
Materials | 5.5 | |
Consumer Staples | 4.1 | |
Communication Services | 3.9 | |
Real Estate | 3.5 | |
Utilities | 2.8 | |
Health Care | 2.6 |
VERSUS | BETA |
---|---|
S&P 500 | 0.24 |
NASDAQ-100 | 0.17 |
MSCI EAFE | 0.25 |
MSCI Emg. Mkts | 0.52 |
Standard Deviation | 15.20% |
Source: AltaVista Research, LLC
* The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
** The financial statements include the Fund’s disclosures required by Items 7 through 11 of Form N-CSR, which includes the financial statements, financial highlights, and other important information when applicable.
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
9.07 | HDFCB IN | HDFC BANK LIMITED | BK1N461 | 23.34 | 172,274 | 4,020,597.14 |
8.57 | RIGD LI | RELIANC-GDR 144A | B16CYP9 | 69.80 | 54,444 | 3,800,191.20 |
7.17 | IBN | ICICI BANK LTD-SPON ADR | 2569286 | 33.64 | 94,440 | 3,176,961.60 |
5.51 | INFY | INFOSYS LTD-SP ADR | 2398822 | 18.53 | 131,776 | 2,441,809.28 |
5.31 | BHARTI IN | BHARTI AIRTEL LTD | 6442327 | 23.43 | 100,388 | 2,352,375.52 |
5.18 | AXSB IN | AXIS BANK LTD | BPFJHC7 | 13.98 | 164,164 | 2,295,539.51 |
4.06 | TCS IN | TATA CONSULTANCY SVCS LTD | B01NPJ1 | 40.37 | 44,609 | 1,800,797.08 |
3.98 | LT IN | LARSEN & TOUBRO LTD | B0166K8 | 42.79 | 41,181 | 1,762,197.22 |
3.78 | CASH | 1.00 | 1,676,715 | 1,676,715.06 | ||
3.57 | UNITDSPR IN | UNITED SPIRITS LTD | BYWFSB7 | 16.65 | 95,060 | 1,582,966.25 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
As of recent month & quarter-end (Jun 30 2025) | Fund NAV | Market Price | Benchmark |
---|---|---|---|
1 Year | 1.97% | 2.72% | 0.85% |
Since Inception | 13.67% | 14.01% | 17.47% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.