PIN - ETF AI Analysis

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Invesco India ETF (PIN)

Rating:68Neutral

Price Target:―

PIN, the Invesco India ETF, has a solid overall rating driven mainly by high-quality Indian blue chips like HDFC Bank and Tata Consultancy Services, which show strong financial performance, healthy growth, and generally supportive technical trends. Other major holdings such as Reliance Industries, ICICI Bank, Infosys, and Axis Bank also add strength, though issues like high valuations, debt levels, cash flow challenges, and some overbought or bearish technical signals in names like Reliance, Bharti Airtel, and Bajaj Finance introduce risk. The main risk factor is that many top holdings share similar concerns around valuation and technical overbought conditions, which could increase volatility if market sentiment turns.

Positive Factors

Strong Top Holdings

Several major positions, such as HDFC Bank and Reliance Industries, have delivered strong year-to-date performance, supporting the ETF’s returns.

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’s near-exclusive focus on India allows investors to tap into the growth potential of one of the world’s fastest-growing economies.

Negative Factors

High Expense Ratio

The ETF charges a relatively high expense ratio compared to many other funds, which can eat into investor returns over time.

Underperforming Holdings

Some top holdings, like Infosys and Tata Consultancy Services, have shown weak year-to-date performance, dragging on overall fund momentum.

Geographic Concentration Risk

The ETF’s heavy focus on India means it lacks exposure to other global markets, increasing vulnerability to country-specific risks.

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

AUM181.90M

RegionAsia-Pacific

Expense Ratio0.78%

Beta0.38

IssuerInvesco

Inception DateMar 05, 2008

Dividend Yield7.48%

Asset ClassEquity

Index TrackedFTSE India Quality and Yield Select Index (Net)

Share Statistics

EPS (TTM)N/A

Shares OutstandingN/A

10 Day Avg. Volume43,873

30 Day Avg. Volume44,445

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 TargetN/A

Price Target UpsideN/A

Rating ConsensusN/A

Number of Analyst Covering0

EPS Forecast (FY)N/A

Revenue Forecast (FY)N/A

PIN Summary

The Invesco India ETF (PIN) is an investment fund that focuses on large companies in India, giving investors a chance to benefit from the country’s growing economy. It tracks the FTSE India Quality and Yield Select Index and includes major players like HDFC Bank and Reliance Industries. This ETF is a good option for those looking to diversify their portfolio and tap into India’s economic growth. However, since it is heavily focused on India, its performance can be affected by changes in the Indian market or economy.

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

The Invesco India ETF is riding India's growth wave, with a strong tilt toward financials and energy, which together make up a significant portion of the fund. HDFC Bank and ICICI Bank, two financial heavyweights, have shown mixed performance recently, with HDFC Bank steady but ICICI Bank lagging. On the brighter side, Reliance Industries is rising, buoyed by robust financials and positive momentum, while Bharti Airtel is also contributing with strong gains despite some debt concerns. Technology names like Infosys and Tata Consultancy Services are a mixed bag, with Infosys recovering while TCS struggles to find its footing. Overall, the fund’s focus on large-cap Indian companies offers a balanced yet growth-oriented exposure to one of the world’s fastest-growing economies.

Name	Company Name	Weight %	Market Value	Market Cap	Yearly Gain	Overall Rating
HDFCBANK	HDFC Bank Limited	7.35%	$13.39M	₹14.25T	12.06%	79 Outperform
RELIANCE	Reliance Industries Limited	6.97%	$12.69M	₹19.74T	14.96%	74 Outperform
ICICIBANK	ICICI Bank Limited	5.22%	$9.51M	₹10.14T	13.47%	71 Outperform
BHARTIARTL	Bharti Airtel Limited	3.96%	$7.22M	₹11.53T	24.00%	73 Outperform
INFY	Infosys Limited	3.95%	$7.20M	₹6.64T	-16.98%	76 Outperform
M&M	Mahindra & Mahindra Ltd.	2.38%	$4.33M	₹4.54T	22.43%	68 Neutral
TCS	Tata Consultancy Services Limited	2.29%	$4.16M	₹11.55T	-24.14%	80 Outperform
AXISBANK	Axis Bank Limited	2.09%	$3.80M	₹4.03T	24.83%	76 Outperform
BAJFINANCE	Bajaj Finance Limited	1.87%	$3.40M	₹5.89T	30.30%	64 Neutral
LT	Larsen & Toubro Limited	1.82%	$3.32M	₹5.32T	10.05%	78 Outperform

PIN Technical Analysis

Technical Analysis Sentiment

Negative

Last Price―

Price Trends

50DMA

24.24

Negative

100DMA

24.10

Negative

200DMA

24.16

Negative

Market Momentum

MACD

-0.05

Positive

RSI

45.90

Neutral

STOCH

15.97

Positive

Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For PIN, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 24.18, equal to the 50-day MA of 24.24, and equal to the 200-day MA of 24.16, indicating a bearish trend. The MACD of -0.05 indicates Positive momentum. The RSI at 45.90 is Neutral, neither overbought nor oversold. The STOCH value of 15.97 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for PIN.

PIN Peer Comparison

Comparison Results

Name	Price	Price Target	AUM	Expense Ratio	Overall Rating
PIN	―	―	$181.90M	0.78%	―
SMIN	―	―	$690.14M	0.74%	―
INDY	―	―	$631.47M	0.65%	―
NFTY	―	―	$168.30M	0.80%	―
GIND	―	―	$136.16M	0.75%	―
INDH	―	―	$6.27M	0.64%	―

Performance Comparison

Invesco India ETF

24.00

0.75

3.23%

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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