India ETF
An exchange-traded fund that is based on a basket of securities listed on various exchanges in India. India ETFs aim to capture the major sectors of the Indian economy by owning a diversified mix of major companies that represent the majority of the total market capitalization of the Indian economy. Investopedia Says:
India has become a burgeoning economy with specific proficiency in knowledge-based sectors such as information technology, financials and healthcare. India ETFs carry a higher expense ratio than most domestic funds, but it should be noted that administrative costs will typically be higher when international investments are involved due to increased exchange costs and brokerage fees for trading on an international exchange. Related Terms:
Benchmark
Exchange-Traded Fund - ETF
Expense Ratio
Foreign Exchange Dealers Association Of India - FEDAI
iShares
Morgan Stanley Capital International - MSCI |