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Morningstar

Nifty India Financials ETF INDF

Morningstar Medalist Rating
Medalist Rating as of | See Exchange Traded Concepts Investment Hub

Morningstar’s Analysis INDF

Will INDF outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable INDF’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the INDF management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of INDF’s parent organization’s priorities and whether they’re in line with investors’ interests.

Despite People Pillar weakness and an Average Process Pillar, Nifty India Financials ETF gets enough right to retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings INDF

More INDF Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 78.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HDFC Bank Ltd

19.33 1.5 Mil
Financial Services

ICICI Bank Ltd

18.56 1.5 Mil
Financial Services

Axis Bank Ltd

8.28 663,621
Financial Services

Bajaj Finance Ltd

4.87 390,630
Financial Services

Shriram Finance Ltd

4.75 380,483
Financial Services

Kotak Mahindra Bank Ltd

4.66 373,785
Financial Services

State Bank of India

4.65 373,061
Financial Services

Bajaj Finserv Ltd

4.62 370,041
Financial Services

SBI Life Insurance Company Limited

4.37 350,470
Financial Services

HDFC Life Insurance Company Limited

4.28 343,190
Financial Services