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INDY - ETF AI Analysis
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iShares India 50 ETF (INDY)
Rating:69Neutral
Price Target:―
Positive Factors
Strong Top Holdings
Several major holdings, such as HDFC Bank and Reliance Industries, have delivered strong year-to-date performance, supporting the ETF’s growth.
Sector Diversification
The ETF is spread across multiple sectors, including financials, energy, and technology, reducing reliance on any single industry.
Focused Geographic Exposure
The ETF provides concentrated exposure to India’s economy, which has shown steady growth and potential for long-term investment opportunities.
Negative Factors
Underperforming Holdings
Some key positions, such as Infosys and ITC, have lagged in performance, which could weigh on overall returns.
High Expense Ratio
The ETF’s expense ratio of 0.65% is higher than many other ETFs, potentially reducing net returns for investors.
Over-Concentration in Financials
With over 36% of the portfolio allocated to financials, the ETF is heavily reliant on the performance of this single sector.
INDY vs. SPDR S&P 500 ETF (SPY)
AUM690.32M
RegionAsia-Pacific
Expense Ratio0.65%
Beta0.39
IssueriShares
Inception DateNov 18, 2009
Dividend Yield0.23%
Asset ClassEquity
Index TrackedNifty 50
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume72,453
30 Day Avg. Volume82,576
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
59.46Price 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) is an investment fund that focuses on the top 50 largest companies in India, giving investors exposure to one of the fastest-growing economies in the world. It tracks the Nifty 50 index and includes well-known companies like HDFC Bank and Reliance Industries. This ETF is a great option for those looking to diversify their portfolio with large, established Indian companies across sectors like finance, energy, and technology. However, new investors should be aware that the fund’s performance is closely tied to India’s economy, meaning it can rise or fall depending on market conditions in the region.
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
The iShares India 50 ETF (INDY) leans heavily on financial giants like HDFC Bank and ICICI Bank, which are steady performers but have faced mixed momentum recently, slightly holding back the fund’s potential. On the brighter side, Reliance Industries and Bharti Airtel are rising stars, driving gains with robust growth and strong market positioning. Infosys, a key player in technology, has struggled to regain its footing this year, adding a touch of volatility. With a clear focus on India’s large-cap leaders, the fund is concentrated in financials and energy, reflecting the heartbeat of India’s economic engine.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| HDFC Bank Limited | 12.81% | $88.54M | ₹15.23T | 8.38% | 79 Outperform | |
| Reliance Industries Limited | 8.87% | $61.33M | ₹20.93T | 16.85% | 74 Outperform | |
| ICICI Bank Limited | 8.27% | $57.18M | ₹9.81T | 4.99% | 74 Outperform | |
| Bharti Airtel Limited | 4.77% | $32.94M | ₹11.98T | 29.77% | 73 Outperform | |
| Infosys Limited | 4.73% | $32.69M | ₹6.48T | -17.48% | 76 Outperform | |
| Larsen & Toubro Limited | 4.01% | $27.68M | ₹5.54T | 6.55% | 78 Outperform | |
| State Bank of India | 3.38% | $23.35M | ₹8.93T | 16.38% | 76 Outperform | |
| ITC Limited | 3.26% | $22.53M | ₹5.02T | -15.08% | 79 Outperform | |
| Axis Bank Limited | 3.06% | $21.14M | ₹3.91T | 8.57% | 76 Outperform | |
| Mahindra & Mahindra Ltd. | 2.78% | $19.19M | ₹4.62T | 22.81% | 68 Neutral |
INDY Technical Analysis
Neutral
―
Price Trends
52.70
Positive
52.42
Positive
52.01
Positive
Market Momentum
0.15
Positive
45.62
Neutral
31.81
Neutral
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For INDY, the sentiment is Neutral. The current price of undefined is equal to the 20-day moving average (MA) of 53.28, equal to the 50-day MA of 52.70, and equal to the 200-day MA of 52.01, indicating a neutral trend. The MACD of 0.15 indicates Positive momentum. The RSI at 45.62 is Neutral, neither overbought nor oversold. The STOCH value of 31.81 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for INDY.
INDY Peer Comparison
Comparison Results
Performance Comparison
INDY
iShares India 50 ETF
52.91
-0.20
-0.38%
SMIN
iShares MSCI India Small Cap ETF
―
―
―
PIN
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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