India Quality ETF
- International shares
Gain exposure to a portfolio of high quality Indian companies
Overview
Fund objective
IIND aims to track the performance of an index (before fees, expenses and taxes) comprising a diversified portfolio of the highest quality Indian companies.
Fund strategy
The index which IIND aims to track selects the 30 highest quality Indian companies based on a combined ranking of the following key factors – high profitability, low leverage and high earnings stability.
Benefits of IIND
-
Invest in the fast-growing Indian economy
India’s economy is one of the fastest-growing in the world, with future growth potential underpinned by strong structural fundamentals.
-
Access to India’s highest quality companies
IIND holds a portfolio of the top Indian companies ranked by quality score.
-
Outperformance potential
Quality-based approach seeks to better exploit the inefficiencies in India’s sharemarket than traditional market-cap weighted alternatives over the long term.
There are risks associated with an investment in IIND, including market risk, index methodology risk, international investment risk, concentration risk and currency risk. Investment value can go up and down. An investment in the Fund should only be considered as a part of a broader portfolio, taking into account your particular circumstances, including your tolerance for risk. For more information on risks and other features of the Fund, please see the Product Disclosure Statement and Target Market Determination, both available on this website.
How to invest
- You can buy or sell units just like you’d buy or sell any share on the ASX.
- Fund requires no minimum investment.
Key facts
Pricing information
| Current price | |
|---|---|
| Last trade* | |
| % Change (prev day) | |
| Bid (delayed) | |
| Offer (delayed) | |
* Data is delayed by at least 20 minutes.
| NAV | |
|---|---|
| NAV/Unit* | $12.01 |
* As at 4 October 2024
Profile
| Net assets* ($A) | $228,398,397 |
|---|---|
| Units outstanding* (#) | 19,018,424 |
| Management fee and cost** (p.a.) | 0.80% |
| Distribution frequency | Semi-annual |
| Distribution reinvestment plan (DRP) | Full or partial participation available |
| Issuer | Betashares Capital Ltd |
| Registry | Link Market Services |
* As at 4 October 2024
* As of close of previous day**Certain additional costs apply. Please refer to PDS.
Trading information
| ASX code | IIND |
|---|---|
| Bloomberg code | IIND AU |
| IRESS code | IIND.AXW |
| Market makers | Susquehanna Pacific |
Index information
| Index | Solactive India Quality Select Index NTR |
|---|---|
| Index provider | Solactive |
| Index ticker | N/A |
| Bloomberg index ticker | SOLINQSN Index |
30 August 2024
Holdings & allocation
Portfolio holdings
| Name | Weight (%) |
|---|---|
| INFOSYS LTD | 6.7% |
| TATA CONSULTANCY SERVICES LTD | 5.2% |
| AXIS BANK LTD | 4.8% |
| ICICI BANK LTD | 4.8% |
| TRENT LTD | 4.4% |
| HINDUSTAN UNILEVER LTD | 4.3% |
| KOTAK MAHINDRA BANK LTD | 4.3% |
| HDFC BANK LTD | 4.1% |
| MAHINDRA & MAHINDRA LTD | 3.8% |
| BAJAJ AUTO LTD | 3.6% |
* As at 4 October 2024. Excludes cash
Sector allocation
| Financials | 19.6% |
|---|---|
| Consumer Discretionary | 17.8% |
| Information Technology | 15.1% |
| Industrials | 12.9% |
| Consumer Staples | 12.2% |
| Energy | 8.3% |
| Materials | 6.2% |
| Health Care | 5.0% |
| Communication Services | 2.9% |
* As of 30 August 2024
Performance
Fund returns after fees (%)
| Fund | Index | |
|---|---|---|
| 1 month | -0.16% | 0.37% |
| 3 months | 2.13% | 4.17% |
| 6 months | 5.67% | 9.13% |
| 1 year | 17.38% | 24.16% |
| 3 year p.a. | 6.88% | 9.61% |
| 5 year p.a. | 9.83% | 13.32% |
| 10 year p.a. | - | 12.99% |
| Since inception | 10.56% | 14.26% |
| Inception date | 2-Aug-19 | - |
* As at 30 September 2024.
Past performance is not an indicator of future performance. Returns are calculated in Australian dollars using net asset value per unit at the start and end of the specified period and do not reflect brokerage or the bid ask spread that investors incur when buying and selling units on the ASX. Returns are after fund management costs, assume reinvestment of any distributions and do not take into account tax paid as an investor in the Fund. Returns for periods longer than one year are annualised. Current performance may be higher or lower than the performance shown.
Differences in the Fund's performance relative to the Index are primarily due to accruals in the Fund's net asset value for tax on gains payable in India on the sale of investments, which are not reflected in the Index.
Chart
Past performance is not indicative of future performance. Please refer to "Fund returns after fees" for additional information regarding performance/return information.
Distributions
Yield information
| Distribution frequency | Semi-annual |
|---|---|
| 12 mth distribution yield* | 3.4% |
*As at 30 August 2024. Yield is calculated by summing the prior 12-month per unit distributions divided by the closing NAV per unit at the end of the relevant period. Yield will vary and may be lower at time of investment. Past performance is not indicative of future performance.
You can elect DRP by logging into Link’s Investor Centre. Once you are logged in, please proceed to the 'Payments and Tax' tab and select ‘Reinvestment Plans'.
Recent distributions
| Ex Date | Record Date | Payment Date | Distribution Unit ($) | Annual Distribution Return (%) (1) |
|---|---|---|---|---|
| 1-Jul-24 | 2-Jul-24 | 16-Jul-24 | $0.374511 | 4.09% |
| 2-Jan-24 | 3-Jan-24 | 17-Jan-24 | $0.038284 | 4.58% |
| 3-Jul-23 | 4-Jul-23 | 18-Jul-23 | $0.388571 | 4.75% |
| 3-Jan-23 | 4-Jan-23 | 18-Jan-23 | $0.051689 | 0.49% |
| 1-Jul-22 | 4-Jul-22 | 18-Jul-22 | - | 0.33% |
| 4-Jan-22 | 5-Jan-22 | 19-Jan-22 | $0.035592 | 3.86% |
| 1-Jul-21 | 2-Jul-21 | 16-Jul-21 | $0.282959 | 3.55% |
| 4-Jan-21 | 5-Jan-21 | 19-Jan-21 | $0.030368 | - |
1 This is the annual distribution return to the end of the relevant distribution date. The distribution return reflects the contribution to total investment return made by the Fund's distributions. Distribution return is calculated as the total return less the growth return. Total return is calculated as the percentage change in a continuing investor's interest in the Fund assuming reinvestment of all distributions back into the Fund (and no other application or withdrawal), net of ongoing fees. Growth return is the Fund's return excluding distributions, net of ongoing fees. Past performance is not indicative of future performance