INDA 📈 iShares MSCI India - Overview
Exchange: BATS • Country: USA • Currency: USD • Type: Etf • ISIN: US46429B5984 • India Equity
INDA: Indian, Stocks, Equities, Large-Cap, Mid-Cap, Securities
The iShares MSCI India ETF, traded on the BATS exchange under the ticker INDA, is designed to track the performance of the Indian securities market, with a focus on large- and mid-capitalization companies. To achieve this, the fund invests at least 80% of its assets in the component securities of the underlying index, which is comprised of equity securities of companies that represent the large- and mid-capitalization segments of the Indian market. This index is calculated by the index provider to measure the performance of these securities, providing a benchmark for the fund's performance.
The fund's investment strategy involves investing in securities that have economic characteristics substantially identical to the component securities of the underlying index. This approach allows the fund to closely track the performance of the Indian securities market, while also providing a level of flexibility in its investment decisions. As a non-diversified fund, the iShares MSCI India ETF is able to concentrate its investments in a smaller number of securities, which can result in a more targeted exposure to the Indian market. The fund is listed in the United States and has an ISIN of US46429B5984, with its domicile also in the United States.
With its focus on the Indian securities market, the iShares MSCI India ETF provides investors with a way to gain exposure to the growth and development of the Indian economy. The fund's holdings are comprised of a range of companies, from large-cap multinationals to mid-cap firms, providing a broad representation of the Indian market. Investors can access more information about the fund, including its holdings, performance, and other details, through the iShares website at http://www.ishares.com. The fund is classified as an India Equity ETF, making it a targeted investment option for those looking to invest in the Indian market.
Additional Sources for INDA ETF
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
INDA ETF Overview
Market Cap in USD | 10,066m |
Category | India Equity |
TER | 0.65% |
IPO / Inception | 2012-02-02 |
INDA ETF Ratings
Growth 5y | 64.2% |
Fundamental | - |
Dividend | 11.5% |
Rel. Strength Industry | -64.3 |
Analysts | - |
Fair Price Momentum | 49.67 USD |
Fair Price DCF | - |
INDA Dividends
Dividend Yield 12m | 0.00% |
Yield on Cost 5y | % |
Annual Growth 5y | -100.00% |
Payout Consistency | 74.1% |
INDA Growth Ratios
Growth Correlation 3m | -61.8% |
Growth Correlation 12m | 74.8% |
Growth Correlation 5y | 83.2% |
CAGR 5y | 10.21% |
CAGR/Mean DD 5y | 1.27 |
Sharpe Ratio 12m | 0.41 |
Alpha | -11.46 |
Beta | 0.74 |
Volatility | 14.39% |
Current Volume | 3244.9k |
Average Volume 20d | 4644k |
As of December 30, 2024, the stock is trading at USD 53.10 with a total of 3,244,900 shares traded.
Over the past week, the price has changed by -0.32%, over one month by -2.37%, over three months by -8.62% and over the past year by +9.58%.
Yes. Based on ValueRay Analyses, iShares MSCI India (BATS:INDA) is currently (December 2024) a good stock to buy. It has a ValueRay Growth Rating of 64.21 and therefor a clear technical positive rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of INDA as of December 2024 is 49.67. This means that INDA is currently overvalued and has a potential downside of -6.46%.
iShares MSCI India has no consensus analysts rating.
According to ValueRays Forecast Model, INDA iShares MSCI India will be worth about 54.8 in December 2025. The stock is currently trading at 53.10. This means that the stock has a potential upside of +3.18%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | - | - |
Analysts Target Price | - | - |
ValueRay Target Price | 54.8 | 3.2% |