PIN - ETF AI Analysis

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Invesco India ETF (PIN)

Rating:68Neutral

Price Target:―

PIN, the Invesco India ETF, reflects a generally solid quality profile, driven mainly by large positions in financially strong companies like HDFC Bank and Tata Consultancy Services, which show robust growth, profitability, and healthy cash flow or dividends. Additional support comes from holdings such as Reliance Industries, Infosys, and Axis Bank, which benefit from positive financial and technical trends but face some risks from high valuations and occasional overbought or bearish signals. The main risk factor is that several key holdings show valuation and technical caution flags, which could increase volatility even though the overall portfolio remains anchored by strong Indian blue-chip names.

Positive Factors

Sector Diversification Within India

The ETF spreads its investments across many sectors, which helps reduce the impact if any single industry in India struggles.

Meaningful Exposure to Leading Indian Banks and Tech Firms

Several top holdings are large, well-known Indian financial and technology companies, giving investors access to key parts of India’s economy.

Decent Fund Size

The fund manages a sizable pool of assets, which can support more stable trading and ongoing operations.

Negative Factors

Recent Weak Performance

The ETF has shown negative returns over the past month, three months, and year to date, signaling recent performance headwinds.

High Expense Ratio

The fund charges a relatively high fee, which can eat into long-term returns compared with lower-cost ETFs.

Single-Country Concentration

Almost all assets are invested in India, so the ETF is heavily exposed to economic and political risks specific to that country.

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

AUM182.09M

RegionAsia-Pacific

Expense Ratio0.78%

Beta0.38

IssuerInvesco

Inception DateMar 05, 2008

Dividend Yield7.46%

Asset ClassEquity

Index TrackedFTSE India Quality and Yield Select Index (Net)

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume56,616

30 Day Avg. Volume49,576

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

27.01

Price Target Upside― Downside

Rating ConsensusModerate Buy

Number of Analyst Covering217

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

PIN Summary

The Invesco India ETF (PIN) is a fund that tracks the FTSE India Quality and Yield Select Index, giving you broad exposure to large, well-established companies in India. It holds major names like HDFC Bank and Reliance Industries, and spreads your money across many sectors, including financials, energy, technology, and consumer companies. Someone might invest in this ETF to benefit from India’s long-term economic growth while getting diversification in a single investment. A key risk is that it is heavily tied to the Indian stock market, so its value can rise or fall sharply with economic or political changes in India.

How much will it cost me?The Invesco India ETF (PIN) has an expense ratio of 0.78%, meaning you’ll pay $7.80 per year for every $1,000 invested. This is higher than average because the fund is actively managed to focus on India's large-cap companies, requiring more research and management effort compared to passively managed ETFs.

What would affect this ETF?The Invesco India ETF could benefit from India's strong economic growth and increasing global interest in emerging markets, particularly in sectors like financials and technology, which are heavily represented in its holdings. However, potential risks include regulatory changes in India, geopolitical tensions in the Asia-Pacific region, or global economic slowdowns that could impact large-cap companies and key sectors like energy and consumer cyclical industries.

PIN Top 10 Holdings

PIN is essentially a bet on India’s big banks and tech champions, with financials in the driver’s seat. HDFC Bank and Reliance, both heavyweights, have been losing steam lately, acting as a brake on the fund. In contrast, ICICI Bank and Axis Bank look steadier and are helping to keep performance on track, while Infosys has been a bright spot from the tech side. With all holdings rooted in India and spread across finance, energy, and IT, this ETF is a focused play on the country’s large-cap growth story.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
HDFCBANK	HDFC Bank Limited	7.38%	$13.48M	₹14.42T	9.66%	79 Outperform
RELIANCE	Reliance Industries Limited	6.92%	$12.65M	₹19.78T	18.14%	74 Outperform
ICICIBANK	ICICI Bank Limited	5.13%	$9.36M	₹9.99T	12.13%	71 Outperform
BHARTIARTL	Bharti Airtel Limited	3.96%	$7.23M	₹11.62T	18.56%	73 Outperform
INFY	Infosys Limited	3.67%	$6.71M	₹6.07T	-20.14%	76 Outperform
M&M	Mahindra & Mahindra Ltd.	2.33%	$4.26M	₹4.49T	19.15%	68 Neutral
AXISBANK	Axis Bank Limited	2.14%	$3.90M	₹4.17T	34.58%	76 Outperform
TCS	Tata Consultancy Services Limited	2.10%	$3.83M	₹10.66T	-24.72%	80 Outperform
LT	Larsen & Toubro Limited	1.93%	$3.52M	₹5.66T	28.68%	78 Outperform
BAJFINANCE	Bajaj Finance Limited	1.92%	$3.50M	₹6.12T	17.90%	64 Neutral

PIN Technical Analysis

Technical Analysis Sentiment

Positive

Last Price―

Price Trends

50DMA

23.94

Positive

100DMA

24.05

Positive

200DMA

24.20

Negative

Market Momentum

MACD

-0.02

Negative

RSI

56.41

Neutral

STOCH

82.62

Negative

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIN, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 23.61, equal to the 50-day MA of 23.94, and equal to the 200-day MA of 24.20, indicating a neutral trend. The MACD of -0.02 indicates Negative momentum. The RSI at 56.41 is Neutral, neither overbought nor oversold. The STOCH value of 82.62 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for PIN.

PIN Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
PIN	―	―	$182.09M	0.78%	―
SMIN	―	―	$689.60M	0.74%	―
INDY	―	―	$639.17M	0.65%	―
NFTY	―	―	$164.94M	0.80%	―
GIND	―	―	$159.39M	0.75%	―
INDH	―	―	$6.29M	0.64%	―

Performance Comparison

Invesco India ETF

24.06

1.53

6.79%

SMIN

iShares MSCI India Small Cap ETF

―

INDY

iShares India 50 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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