The Direxion Daily MSCI India Bull 2X Shares ETF, with the ticker INDL, is a dynamic investment vehicle designed to provide leveraged exposure to the Indian equity market. This ETF is strategically categorized under Size and Style, specifically focusing on the Total Market, and operates within a Broad-based niche. It aims to deliver twice (2X) the daily performance of the MSCI India Index, making it an ideal choice for investors seeking amplified returns from India’s burgeoning market.
INDL is tailored for sophisticated investors who are bullish on India's economic growth and are prepared to embrace the heightened volatility that comes with leverage. The fund's structure allows it to capture the expansive opportunities within the Indian market, from established conglomerates to emerging enterprises across various sectors. By focusing on the total market, INDL provides comprehensive coverage of the Indian economy, reflecting its diverse corporate landscape.
This ETF offers an engaging proposition for those looking to capitalize on short-term price movements while accessing a broad spectrum of Indian equities. However, potential investors should be cognizant of the associated risks, including daily rebalancing impacts and the inherent leverage risk, thus making it more suitable for active traders and strategic investors with a deep understanding of leveraged ETF mechanics. INDL stands as a potent tool for those ready to leverage India's growth story, offering a unique avenue to tap into one of the world's fastest-growing economies.
Asset Class
Equity
Region
Asia-Pacific
Issuer
Direxion
Index Tracked
MSCI India
Ticker Symbol
INDL
Direxion Daily MSCI India Bull 2X Shares (INDL) Fund Flow Chart
Direxion Daily MSCI India Bull 2X Shares (INDL) 1 year Net Flows: 7M