5 Best India ETFs

In this article, we discuss 5 best India ETFs. If you want to read our discussion on the Indian economy, head over to 10 Best India ETFs.

5. Nifty India Financials ETF (NYSE:INDF)

5-Year Performance as of September 28: 37.82%

Ranking 5th on our list of the best India ETFs is Nifty India Financials ETF (NYSE:INDF), which tracks the Nifty Financial Services 25/50 Index, reflecting the performance of different Indian financial entities, including banks, financial institutions, housing finance firms, insurance companies, and others. The fund launched on October 21, 2020. As of September 28, 2023, the fund holds assets amounting to $7 million and has an expense ratio of 0.75%. Its portfolio consists of 20 stocks.

Kotak Mahindra Bank Limited (NSE:KOTAKBANK) is one of the top holdings of the Nifty India Financials ETF (NYSE:INDF). Kotak Mahindra Bank Limited (NSE:KOTAKBANK) offers a variety of banking and financial services to individual and corporate clients in India. The bank operates through a number of segments, including Treasury, Retail Banking, Corporate/Wholesale Banking, Vehicle Financing, Other Lending Activities, Broking, Advisory and Transactional Services, Asset Management, and Insurance. Kotak Mahindra Bank Limited (NSE:KOTAKBANK) was established in 1985 and is headquartered in Mumbai, India.

4. First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY)

5-Year Performance as of September 28: 39.90%

The First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY), formerly known as the First Trust Taiwan AlphaDEX Fund, seeks to deliver results that align with the performance of the NIFTY 50 Equal Weight Index. Normally, the fund invests at least 90% of its net assets in the common stocks that make up this Index. The First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY) is one of the best India ETFs. This ETF was launched on February 14, 2012. As of September 28, 2023, it manages net assets totaling $102 million, holding a portfolio of 50 stocks. The expense ratio, as of May 1, 2023, is 0.80%.

NTPC Limited (NSE:NTPC) is one of the top holdings of the First Trust India NIFTY 50 Equal Weight ETF (NASDAQ:NFTY). NTPC Limited (NSE:NTPC) is involved in producing and distributing large quantities of electricity to state power utilities in India. Its operations are divided into two segments – Energy Generation and Other Services. The company was established in 1975 and is headquartered in New Delhi, India.

3. Franklin FTSE India ETF (NYSE:FLIN)

5-Year Performance as of September 28: 46.15%

The Franklin FTSE India ETF (NYSE: FLIN), one of the best India ETFs, aims to achieve investment results closely mirroring the performance of the FTSE India Capped Index, before accounting for fees and expenses. This ETF offers targeted exposure to large and mid-sized companies in India. It was introduced to the market on February 6, 2018. As of September 28, 2023, the fund manages assets valued at $371.62 million, with a portfolio comprising 211 stocks. The expense ratio, as of August 1, 2023, stands at 0.19%.

Infosys Limited (NYSE:INFY) is one of the largest holdings of the Franklin FTSE India ETF (NYSE: FLIN). Infosys Limited (NYSE:INFY) offers consulting, technology, outsourcing, and cutting-edge digital services across India, Europe, North America, and around the world. Their services include application management, application development, independent validation solutions, product engineering and management, infrastructure management, as well as traditional enterprise application services, support, and integration.

According to Insider Monkey’s second quarter database, 21 hedge funds were bullish on Infosys Limited (NYSE:INFY), in contrast to the preceding quarter when 26 funds had invested in the stock. GLG Partners held the largest position in the company, with approximately 4.33 million shares worth $69.53 million.

2. WisdomTree India Earnings Fund (NYSE:EPI)

5-Year Performance as of September 28: 52.36%

The WisdomTree India Earnings Fund (NYSE:EPI) is one of the best performing India ETFs. It aims to replicate the performance of profitable companies in the Indian stock market. It does so by tracking the WisdomTree India Earnings Index, which assesses the performance of Indian companies that are both profitable and open to foreign investors. This ETF was introduced on February 22, 2008. As of September 28, 2023, the fund holds total assets worth $1.2i billion and has an expense ratio of 0.85%. Its portfolio consists of 423 stocks.

ICICI Bank Limited (NYSE:IBN) is one of the largest holdings of the WisdomTree India Earnings Fund (NYSE:EPI). ICICI Bank Limited (NYSE:IBN) offers a range of banking services in India and around the world. It divides its operations into different segments, including Retail Banking, Wholesale Banking, Treasury, Other Banking, Life Insurance, and Others. The services provided include savings, salary, pension, current, and other types of accounts, along with time, fixed, recurring, and security deposit services. ICICI Bank Limited (NYSE:IBN) was established in 1955 and has its headquarters in Mumbai, India.

According to Insider Monkey’s second quarter database, 37 hedge funds were bullish on ICICI Bank Limited (NYSE:IBN), up from 33 in the previous quarter. Rajiv Jain’s GQG Partners is the largest stakeholder of the company, with 63.99 million shares valued at $1.48 billion.

1. iShares MSCI India Small-Cap ETF (BATS:SMIN)

5-Year Performance as of September 28: 72.85%

The iShares MSCI India Small-Cap ETF (BATS:SMIN) aims to mirror the performance of the MSCI India Small Cap Index, which consists of smaller Indian companies in terms of market capitalization. This ETF provides an opportunity to invest in these smaller Indian public companies and gain access to the small-cap segment of the Indian stock market. It was introduced on February 8, 2012. As of September 28, 2023, the ETF holds net assets worth $450.80 million, featuring a portfolio of 447 stocks. The expense ratio for this fund is 0.74%. Based on its 5-year performance, the iShares MSCI India Small-Cap ETF (BATS:SMIN) ranks 1st on our list of the best India ETFs.

APL Apollo Tubes Limited (NSE:APLAPOLLO) is one of the top holdings of the iShares MSCI India Small-Cap ETF (BATS:SMIN). APL Apollo Tubes Limited (NSE:APLAPOLLO) is a company based in Ghaziabad, India, and it is involved in the production and sale of structural steel tubes and pipes. It not only serves the domestic market but also exports products to around 30 countries. APL Apollo Tubes Limited (NSE:APLAPOLLO) was founded in 1986.

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