ETFS-NAM India Nifty 50 ETF
ASX Code: NDIA
ETFS-NAM India Nifty 50 ETF (ASX Code: NDIA) offers exposure to the emerging Indian economy through its premier benchmark, the NSE Nifty50 Index.
NDIA aims to provide investors with a return that, before fees and expenses, tracks the performance of the NSE Nifty50 Index. NDIA uses a full-replication strategy to track the index, meaning that it holds all of the shares that make up the index closely in proportion to their index weights.
The NSE Nifty50 Index is weighted by market capitalisation and represents 50 of the largest and most liquid blue-chip companies listed on the National Stock Exchange of India (NSE).
Why consider NDIA
Simple, cost-efficient access to the growth of the Indian stock market.
Access to a market that is notoriously difficult for Australians to invest directly in.
The Nifty50 represents over 60% of the market capitalisation of the entire Indian stock market.
NDIA invests in the 50 largest companies by market capitalisation listed on the NSE. To provide some examples:
HDFC Bank is one of the largest companies in the Nifty50. It is one of the largest banks and the largest private sector lenders in India. Its distribution network spans the country with over 5,000 branches and over 13,000 ATMs. HDFC Bank is amongst the top three players in auto and personal loans, commercial vehicles, cash and supply chain management.
Hindustan Unilever (HUL) is one of the largest consumer goods providers in India, with a powerful brand and envious distribution network. HUL’s portfolio of products covers a wide spectrum including soaps, detergent, skin cream, shampoo, toothpaste, tea, coffee and packaged foods. An investment in HUL is a play on consumption growth in India and is boosted by improved personal care and strong growth in processed foods and beverages.