INDA
iShares MSCI India ETF
iShares MSCI India Index Fund is an exchange-traded fund incorporated in the USA. The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the MSCI India Index.
Emerging Market
EQUITY
Passive
MANAGEMENT STYLE
$ 8.7 B
ASSETS UNDER MGMT
65 bp
EXPENSES
Fund Basics
| Inception date | Feb 02, 2012 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Semi-annual |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
Complete list +
| HDFC BANK LIMITED | 7.1 % |
| RELIANCE INDUSTRIES LTD | 6.9 % |
| ICICI BANK LTD | 5.3 % |
| INFOSYS TECHNOLOGIES LTD | 3.8 % |
| BHARTI AIRTEL LIMITED | 3.5 % |
| MAHINDRA & MAHINDRA LTD. | 2.5 % |
| AXIS BANK LIMITED | 2.2 % |
| BAJAJ FINANCE LTD | 2.0 % |
| LARSEN & TOUBRO LIMITED | 1.9 % |
| TATA CONSULTANCY SVS LTD | 1.7 % |
Constituent Breakdown
| Number of holdings | 165 |
| Herfindahl-Hirschman Index | 214 |
| Wgt avg mkt cap (mns) | $52,507 |
| Large cap (>$10bn) | 73.8% |
| Mid cap ($2-10bn) | 9.6% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 87.9% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
INDIA | 87.7 % |
Historical Performance
Standardized Performance (as of 02/28/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -3.3% | 8.7% | 1.1% | 10.4% | 5.0% | 8.1% | -- | 4.9% |
| Dividend Yield | 0.0% | 0.0% | 0.0% | 0.1% | 1.4% | 1.2% | -- | 1.0% |
| Total Returns | -3.3% | 8.7% | 1.1% | 10.5% | 6.3% | 9.3% | -- | 5.9% | Ann. Volatility | 15.1% | 14.5% | 14.3% | 13.3% | 15.3% | 21.1% | -- | 22.0% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.36 | 23% |
| MSCI EAFE | 0.47 | 28% |
| MSCI Emg Mkts | 0.44 | 31% |
Liquidity Measures
| Avg. volume (000) | 9,535 |
| ADV traded (mns) | $470 |
| Turnover | 5.4% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $52.16 |
| Relative strength (RSI) | 37 |
| MACD/Signal | -0.68/-0.37 |
| Bollinger Bands (Upper/Lower) | $54.79/$49.90 |
| Short interest (% of AUM) | 12.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
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Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. INDA |
Expenses vs. INDA |
ALTAR Score™ vs. INDA |
|---|---|---|---|---|
| PIN | Invesco India ETF | 75.3% | +13 bp | +0.1% |
| FLIN | Franklin FTSE India ETF | 69.9% | -46 bp | -0.5% |
| INDY | iShares India 50 ETF | 62.1% | +24 bp | +0.5% |
| EPI | WisdomTree India Earnings Fund | 54.2% | +20 bp | +0.4% |
| NFTY | First Trust India NIFTY 50 Equal Weight ETF | 44.3% | +15 bp | +0.5% |
| BKF | iShares MSCI BIC ETF | 27.4% | +4 bp | +9.9% |
| NDIA | Global X India Active ETF | 26.9% | +10 bp | +0.5% |
| XC | WisdomTree Emerging Markets Ex-China Fund | 25.7% | -33 bp | +2.2% |
| RNEM | First Trust Emerging Markets Equity Select ETF | 20.4% | +10 bp | +3.6% |
| VEXC | Vanguard Emerging Markets Ex-China ETF | 19.8% | -58 bp | +2.0% |
Risk and Returns: INDA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (USD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 3/12/2026
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
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ETF Research Center Rating
4.9%
ALTAR SCORE™
9th
PERCENTILE
AVOID
ETFRC RATING
There are 197 funds in the Emerging Equity category with an average
ALTAR Score™ of 7.9% and a standard deviation
of 2.3%. INDA's ALTAR Score™ is approximately -1.3 standard
deviations above the category average. This places INDA in the 9th percentile
among funds in the category.
Sell-Side Consensus
$60.27
PRICE TARGET
+22.3%
UPSIDE