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GIND - ETF AI Analysis
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Goldman Sachs India Equity ETF (GIND)
Rating:57Neutral
Price Target:
$28.00
Positive Factors
Strong Top Holdings
Several key holdings, such as Reliance Industries and HDFC Bank, have delivered strong year-to-date performance, supporting the ETF's overall returns.
Sector Diversification
The ETF is spread across multiple sectors, including Financials, Consumer Cyclical, and Technology, reducing reliance on any single industry.
Focused Geographic Exposure
With nearly all assets invested in India, the ETF provides targeted exposure to one of the world's fastest-growing economies.
Negative Factors
High Expense Ratio
The ETF charges a relatively high expense ratio compared to other funds, which can eat into investor returns over time.
Weak Performance in Some Holdings
Certain top holdings, such as Infosys, have underperformed year-to-date, which may drag on the fund's overall momentum.
Limited Global Diversification
The ETF is heavily concentrated in India, with minimal exposure to other regions, increasing vulnerability to country-specific risks.
GIND vs. SPDR S&P 500 ETF (SPY)
AUM108.38M
RegionAsia-Pacific
Expense Ratio0.75%
Beta0.52
IssuerGoldman Sachs
Inception DateApr 01, 2025
Dividend YieldN/A
Asset ClassEquity
Index TrackedNo Underlying Index
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume6,685
30 Day Avg. Volume57,603
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
GIND Summary
The Goldman Sachs India Equity ETF (GIND) is an investment fund that focuses on the Indian stock market, including companies of all sizes, from large banks to smaller, growing businesses. It holds shares in well-known companies like ICICI Bank and HDFC Bank, giving investors exposure to India's fast-growing economy and expanding middle class. This ETF might appeal to someone looking to diversify their portfolio or invest in an emerging market with strong growth potential. However, new investors should be aware that the fund's performance is closely tied to the Indian economy, which can be volatile and influenced by global factors.
How much will it cost me?The Goldman Sachs India Equity ETF (GIND) has an expense ratio of 0.75%, which means you’ll pay $7.50 per year for every $1,000 invested. This is higher than average because the fund is actively managed, allowing professionals to adjust the portfolio to capture opportunities in the Indian market.
What would affect this ETF?The Goldman Sachs India Equity ETF (GIND) could benefit from India's strong economic growth, expanding middle class, and increasing digital adoption, which support sectors like financials and technology. However, risks such as regulatory changes, geopolitical tensions, or global economic slowdowns could negatively impact the ETF, especially given its concentrated exposure to the Indian market.
GIND Top 10 Holdings
The Goldman Sachs India Equity ETF (GIND) leans heavily into financials, with ICICI Bank and HDFC Bank leading the charge. While HDFC Bank has been rising steadily thanks to robust profit growth, ICICI Bank’s mixed performance is holding back some momentum. Reliance Industries is another bright spot, benefiting from strong revenue growth, while Infosys is lagging due to technical weakness and cautious guidance. The fund’s focus on India’s dynamic market means it’s tapping into a mix of established giants and emerging players, with financials driving much of the action.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ICICI Bank Limited | 5.23% | $5.68M | ₹9.80T | 9.98% | 74 Outperform | |
| HDFC Bank Limited | 3.67% | $3.99M | ₹15.21T | 16.96% | 79 Outperform | |
| Infosys Limited | 3.28% | $3.56M | ₹6.24T | -16.77% | 76 Outperform | |
| Reliance Industries Limited | 3.08% | $3.34M | ₹20.55T | 20.41% | 73 Outperform | |
| Mahindra & Mahindra Ltd. | 2.79% | $3.03M | ₹4.59T | 31.19% | 68 Neutral | |
| Bharti Airtel Limited | 2.53% | $2.75M | ₹11.96T | 37.36% | 73 Outperform | |
| Bajaj Finance Limited | 2.53% | $2.75M | ₹6.34T | 56.31% | 64 Neutral | |
| Axis Bank Limited | 2.47% | $2.69M | ₹3.86T | 10.94% | 76 Outperform | |
| Kotak Mahindra Bank Limited | 2.16% | $2.35M | ₹4.13T | 22.04% | ― | |
| Zomato Ltd. | 1.85% | $2.01M | ₹2.93T | 14.31% | ― |
GIND Technical Analysis
Positive
―
Price Trends
26.67
Positive
26.72
Positive
Market Momentum
0.02
Positive
51.09
Neutral
42.82
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For GIND, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 26.95, equal to the 50-day MA of 26.67, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 51.09 is Neutral, neither overbought nor oversold. The STOCH value of 42.82 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GIND.
GIND Peer Comparison
Comparison Results
Performance Comparison
GIND
Goldman Sachs India Equity ETF
26.84
2.64
10.91%
JPY
Lazard Japanese Equity ETF
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―
NDIA
Global X India Active ETF
―
―
―
JAPN
Horizon Kinetics Japan Owner Operator ETF
―
―
―
RAYJ
Rayliant SMDAM Japan Equity ETF
―
―
―
INDE
Matthews India Active ETF
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―
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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