iShares MSCI India ETF (INDA)
Expense Ratio: 0.67%
There are only a handful of worthwhile India ETFs out there. But if you’re going to pick one India ETF for your portfolio, it should be the iShares MSCI India ETF (INDA).
This fund tracks the MSCI India Total Return Index, with 74 large- and midcap holdings.
Infosys (INFY), Housing Development Finance and Reliance Industries LTD are the top three holdings, with weightings between 8% and 10.5%. Of course, just about any India ETF will have a heavy allocation to Infosys and Reliance. However, INDA dedicates a lower percentage to energy than some of the alternatives, and instead leans more on IT and consumer spending.
Given India’s young population, those two sectors could see huge growth in the future. Granted, this India ETF could be a volatile holding in the immediate future … but it has tons of potential for long-term growth.