Key stats
About Global X Funds Global X India Active ETF
Expense ratio
0.76%
Home page
Inception date
Aug 17, 2023
NDIA is actively managed to invest in stocks from the worlds most populous nation, India. The country is considered to have favorable demographics, an educated workforce, attractive labor costs, government driven growth and reforms, and rising affluence that is fueling consumption. Portfolio development begins with a proprietary quantitative screening process to identify the investable universe. Then using bottom-up analysis, analysts compile a recommendation list of their highest-conviction stocks within each sector. An investment team determines the model portfolio. Based on a combination of this information and using a four- to five-year investment horizon for growth, portfolio managers construct the underlying portfolio of 20-30 stocks. The fund expects to invest in a broad range of sectors, but may hold 25% or more in a particular sector. All positions are actively managed, balancing both growth and return profiles.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks97.52%
Finance32.65%
Technology Services10.30%
Energy Minerals9.96%
Consumer Durables8.28%
Non-Energy Minerals6.92%
Industrial Services6.19%
Consumer Non-Durables4.07%
Communications3.18%
Health Services3.17%
Transportation2.94%
Retail Trade2.80%
Producer Manufacturing2.75%
Utilities2.20%
Commercial Services2.11%
Bonds, Cash & Other2.48%
Cash2.48%
Stock breakdown by region
Asia78.25%
North America13.49%
Europe8.26%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history