INDY - ETF AI Analysis

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iShares India 50 ETF (INDY)

Rating:68Neutral

Price Target:―

INDY, the iShares India 50 ETF, earns a solid overall rating driven mainly by its large positions in high-quality Indian banks like HDFC Bank and ICICI Bank, which show strong financial performance and supportive technical trends. Other major holdings such as Reliance Industries, Larsen & Toubro, Infosys, and State Bank of India further boost the fund with robust growth and generally positive outlooks, though some face valuation concerns and overbought technical signals. The main risk factor is the ETF’s heavy concentration in a few large financial and industrial names, which can increase volatility if those sectors or stocks face pressure.

Positive Factors

Exposure to India’s Largest Companies

The ETF holds many of India’s biggest and most established companies, giving investors broad access to the country’s leading businesses.

Sector Diversification Within India

Holdings are spread across several key sectors such as financials, energy, technology, and consumer companies, which helps reduce the impact of weakness in any single industry.

Some Resilient Top Holdings

A few of the largest positions, particularly in major banks and technology firms, have shown relatively steady or positive performance compared with weaker names in the portfolio.

Negative Factors

High Concentration in Financials

More than a third of the fund is invested in financial companies, so a downturn in India’s banking and financial sector could hurt the ETF more than a more balanced fund.

Recent Weak Performance

The ETF has experienced weak returns over the past month, three months, and year to date, reflecting recent pressure on many of its holdings.

Single-Country Risk and Higher Fee

With almost all assets in India and a relatively high expense ratio, investors face both concentrated country risk and higher ongoing costs compared with many broad-market ETFs.

INDY vs. SPDR S&P 500 ETF (SPY)

AUM640.02M

RegionAsia-Pacific

Expense Ratio0.65%

Beta0.39

IssueriShares

Inception DateNov 18, 2009

Dividend Yield8.34%

Asset ClassEquity

Index TrackedNifty 50

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume212,800

30 Day Avg. Volume154,776

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

55.04

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering50

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

INDY Summary

The iShares India 50 ETF (INDY) tracks the Nifty 50 index, which is made up of 50 of the largest and most important companies in India. It holds big names like HDFC Bank and Reliance Industries, along with major technology, energy, and consumer companies. Someone might invest in INDY to get simple, one-stop exposure to India’s growth story and to diversify beyond their home country. A key risk is that it is heavily tied to the Indian stock market, so its value can rise or fall sharply with changes in India’s economy and markets.

How much will it cost me?The iShares India 50 ETF (INDY) has an expense ratio of 0.65%, which means you’ll pay $6.50 per year for every $1,000 invested. This is higher than average because the fund is passively managed but focuses on a niche market—India’s large-cap companies—requiring specialized tracking and exposure.

What would affect this ETF?The iShares India 50 ETF (INDY) could benefit from India's strong economic growth, increasing consumer spending, and advancements in technology, which align with its exposure to financial, energy, and technology sectors. However, potential risks include regulatory changes in India, global economic slowdowns, or rising interest rates that could impact large-cap companies and sectors like financials and energy. Investors should also consider currency fluctuations and geopolitical tensions that may affect India's market performance.

INDY Top 10 Holdings

INDY is leaning heavily on India’s big banks, with HDFC Bank and ICICI Bank setting the tone: ICICI is holding steady to rising, while HDFC has been losing steam and weighing on results. Reliance Industries, another major pillar, has also been lagging lately, adding drag just when the fund could use a boost. On the brighter side, Infosys and State Bank of India have been rising and helping to offset some of that weakness. Overall, this is a concentrated India large-cap play, dominated by financials and a handful of heavyweight names, all squarely tied to the Indian market.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
HDFCBANK	HDFC Bank Limited	11.81%	$75.09M	₹13.94T	5.48%	79 Outperform
ICICIBANK	ICICI Bank Limited	8.53%	$54.22M	₹10.12T	13.03%	71 Outperform
RELIANCE	Reliance Industries Limited	8.25%	$52.43M	₹19.21T	15.93%	74 Outperform
BHARTIARTL	Bharti Airtel Limited	4.81%	$30.56M	₹11.42T	19.64%	73 Outperform
SBIN	State Bank of India	4.28%	$27.19M	₹11.07T	64.66%	76 Outperform
LT	Larsen & Toubro Limited	4.21%	$26.78M	₹5.74T	29.53%	78 Outperform
INFY	Infosys Limited	4.13%	$26.26M	₹5.55T	-25.68%	76 Outperform
AXISBANK	Axis Bank Limited	3.26%	$20.72M	₹4.14T	34.27%	76 Outperform
M&M	Mahindra & Mahindra Ltd.	2.71%	$17.24M	₹4.39T	24.85%	68 Neutral
KOTAKBANK	Kotak Mahindra Bank Limited	2.66%	$16.91M	₹4.19T	8.21%	―

INDY Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

48.34

Negative

100DMA

48.51

Negative

200DMA

48.64

Negative

Market Momentum

MACD

>-0.01

Negative

RSI

47.39

Neutral

STOCH

58.57

Neutral

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INDY, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 47.71, equal to the 50-day MA of 48.34, and equal to the 200-day MA of 48.64, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 47.39 is Neutral, neither overbought nor oversold. The STOCH value of 58.57 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for INDY.

INDY Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
INDY	―	―	$640.02M	0.65%	―
SMIN	―	―	$696.08M	0.74%	―
PIN	―	―	$181.14M	0.78%	―
NFTY	―	―	$165.77M	0.80%	―
GIND	―	―	$161.41M	0.75%	―
INDH	―	―	$6.25M	0.64%	―

Performance Comparison

INDY

iShares India 50 ETF

47.91

2.54

5.60%

SMIN

iShares MSCI India Small Cap ETF

―

Invesco India ETF

―

NFTY

First Trust India NIFTY 50 Equal Weight ETF

―

GIND

Goldman Sachs India Equity ETF

―

INDH

WisdomTree India Hedged Equity Fund

―

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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