This ETF tracks the performance of almost 100 large and mid-cap stocks trading on the Indian stock market. The fund may use derivatives to hedge against currency risks. Income is reinvested into the fund.
Anyone got this ETF? I’d be interested in hearing views and comments on it.
Expense Ratio: 0.65% I notice.
There should be the same ETF with cash dividend. Will freetrade provide it?
I’m not sure that there is a corresponding dividen paying one. The Ishares website only lists three India ETFs, this one, a small cap, and one listing the largest 50 Indian companies.
I found the reason is that the one paying dividend is in US, not UK.
What are peoples thoughts on this? India is projected to be a global superpower by 2050…
FTSE India UCITS ETF (FRIN) GBP is cheaper
Consider climate change though, India’s gonna be ruined what with the predicted 50c weather there, water issues, and no nation is taking it seriously.
It’s a long term bet for a country that will potentially suffer horrifically in that long term. It isn’t my first port of call, put it that way.