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INDA - ETF AI Analysis
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iShares MSCI India ETF (INDA)
Rating:65Neutral
Price Target:
$59.00
Positive Factors
Strong Top Holdings
Several key holdings, like Reliance Industries and Bharti Airtel, have delivered strong year-to-date performance, supporting the fund’s growth.
Sector Diversification
The ETF is spread across multiple sectors, including financials, energy, and consumer cyclical, reducing reliance on any single industry.
Focused Geographic Exposure
The fund’s heavy focus on India provides investors access to one of the fastest-growing economies in the world.
Negative Factors
Underperforming Holdings
Some major positions, like Infosys and Tata Consultancy Services, have lagged in performance, dragging down overall returns.
High Expense Ratio
The ETF’s expense ratio is relatively high compared to other funds, which could eat into investor returns over time.
Geographic Concentration Risk
With over 96% exposure to India, the fund is highly sensitive to economic or political risks specific to the region.
INDA vs. SPDR S&P 500 ETF (SPY)
AUM9.54B
RegionAsia-Pacific
Expense Ratio0.62%
Beta0.44
IssueriShares
Inception DateFeb 02, 2012
Dividend Yield0.73%
Asset ClassEquity
Index TrackedMSCI India
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume5,515,950
30 Day Avg. Volume5,084,064
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 Target
60.73Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering161
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
INDA Summary
The iShares MSCI India ETF (Ticker: INDA) is a fund that lets investors own a slice of India's stock market, including companies from many sectors like finance, energy, and technology. It tracks the MSCI India index, giving exposure to one of the world's fastest-growing economies. Some well-known companies it holds are HDFC Bank and Reliance Industries. Investors might consider INDA for diversification and to benefit from India's long-term growth potential. However, new investors should know that the ETF's performance depends heavily on the Indian market, which can be volatile.
How much will it cost me?The iShares MSCI India ETF (INDA) has an expense ratio of 0.62%, which means you’ll pay $6.20 per year for every $1,000 invested. This is slightly higher than average because it is passively managed but focuses on a specific international market, which can involve higher costs.
What would affect this ETF?The iShares MSCI India ETF (INDA) could benefit from India's strong economic growth, increasing urbanization, and rising consumer demand, especially in sectors like financials and technology, which are heavily represented in the fund. However, potential risks include global economic slowdowns, regulatory changes in India, or fluctuations in energy prices that could impact key holdings like Reliance Industries. Additionally, interest rate hikes or geopolitical tensions in the Asia-Pacific region may negatively affect investor sentiment toward emerging markets like India.
INDA Top 10 Holdings
The iShares MSCI India ETF (INDA) is leaning heavily on India’s financial sector, with top holdings like HDFC Bank and ICICI Bank shaping its performance. HDFC Bank is steady, showing resilience despite short-term challenges, while ICICI Bank has been lagging recently due to mixed technical signals and loan growth concerns. Reliance Industries, a major player in energy, is rising steadily, adding strength to the fund, while Infosys and Tata Consultancy Services are dragging the technology segment with weak momentum and cautious guidance. Overall, the fund’s focus on India’s diverse economy offers growth potential but faces mixed results across sectors.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HDFC Bank Limited | 7.88% | $775.31M | ₹15.21T | 16.81% | 79 Outperform | |
| Reliance Industries Limited | 6.46% | $635.96M | ₹20.55T | 19.81% | 73 Outperform | |
| ICICI Bank Limited | 5.15% | $506.67M | ₹9.80T | 9.29% | 74 Outperform | |
| Bharti Airtel Limited | 3.78% | $371.79M | ₹11.96T | 35.35% | 73 Outperform | |
| Infosys Limited | 3.58% | $352.58M | ₹6.24T | -19.39% | 76 Outperform | |
| Mahindra & Mahindra Ltd. | 2.43% | $238.94M | ₹4.59T | 31.52% | 68 Neutral | |
| Bajaj Finance Limited | 1.98% | $194.62M | ₹6.34T | 55.38% | 64 Neutral | |
| Axis Bank Limited | 1.98% | $194.50M | ₹3.86T | 8.95% | 76 Outperform | |
| Tata Consultancy Services Limited | 1.97% | $194.14M | ₹11.23T | -25.11% | 80 Outperform | |
| Larsen & Toubro Limited | 1.90% | $186.56M | ₹5.50T | 13.29% | 78 Outperform |
INDA Technical Analysis
Positive
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Price Trends
53.63
Positive
53.67
Positive
52.82
Positive
Market Momentum
0.23
Positive
56.83
Neutral
73.38
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INDA, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 54.40, equal to the 50-day MA of 53.63, and equal to the 200-day MA of 52.82, indicating a bullish trend. The MACD of 0.23 indicates Positive momentum. The RSI at 56.83 is Neutral, neither overbought nor oversold. The STOCH value of 73.38 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for INDA.
INDA Peer Comparison
Comparison Results
Performance Comparison
INDA
iShares MSCI India ETF
54.65
1.76
3.33%
EPI
WisdomTree India Earnings Fund
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FLIN
Franklin FTSE India ETF
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GIND
Goldman Sachs India Equity ETF
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NDIA
Global X India Active ETF
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INDE
Matthews India Active ETF
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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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