India ETF
Wisdom Tree India Earnings Fund and PowerShares India Portfolio
Two India-focused exchange traded funds or India ETF, have become available in 2008, one being the WisdomTree India Earnings Fund (EPI) and the PowerShares India Portfolio (PIN).Starting off with the Wisdom Tree India Earnings Fund (EPI), the fund seeks investment results that correspond to the price and yield performance, before fees and expenses, of the WisdomTree India Earnings Index.
Here are the top Holdings for the WisdomTree India Earnings Index Fund as of 09/03/2008
| 1. Reliance Industries Ltd | 14.49% |
| 2. Oil & Natural Gas Corp Ltd | 8.39% |
| 3. Infosys Technologies Ltd | 7.48% |
| 4. Bharti Airtel Ltd | 5.72% |
| 5. ICICI Bank Ltd | 3.25% |
| 6. Hindustan Unilever LTD | 2.38% |
| 7. Sterlite Industries India Ltd | 2.12% |
| 8. Reliance Communications Ltd | 2.11% |
| 9. Satyam Computer Services Ltd | 2.09% |
| 10. Indian Oil Corp Ltd | 1.81% |
And the top Sectors as of 09/03/2008
| | |
| 1. Energy | 27.81% |
| 2. Materials | 15.01% |
| 3. Information Technology | 14.07% |
| 4. Telecommunication Services | 7.83% |
| 5. Financials | 7.74% |
| 6. Industrials | 7.04% |
| 7. Utilities | 5.52% |
| 8. Consumer Staples | 5.17% |
| 9. Health Care | 5.05% |
| 10. Consumer Discretionary | 4.65% |
And here is the breakdown of the PowerShares India Portfolio (PIN) by Holdings as of 09/04/08
| Infosys Technologies Ltd. | 11.01% |
| Reliance Industries Ltd. | 9.62% |
| Oil & Natural Gas Corp. Ltd. | 8.75% |
| Reliance Communications Ltd. | 4.96% |
| Hindustan Unilever Ltd. | 4.39% |
| Reliance Petroleum Ltd. | 4.15% |
| Bharti Airtel Ltd. | 3.93% |
| HDFC Bank Ltd. | 2.70% |
| Indian Oil Corp. Ltd. | 2.34% |
| NTPC Ltd. | 2.29% |
And by Sector as of 09/04/2008
Graph courtesy of Powershares.com
All Holdings and Sector Weightings may be subject to change.
And here is a chart that compares the two funds with the S&P 500, Nasdaq and the Dow over the last 6 months.
If you would like to learn more about ETF Funds please see the following ETF Funds Overview. Another great resource is our list of single-country and commodity ETF Funds.
As always, please consult a licensed financial professional before making any investment decisions. Information within this blog is factual information only and is not a solicitation, promotion of any investment strategy, or form of financial advice in any way. The Financial Planner Alliance does not recommend any investment specifically. It intends to provide education on many financial planning and investment trends and options available to investors today.
-Chris
Permanent Link: India ETF
Tags: India ETF, PowerShares India Portfolio (PIN), WisdomTree India Earnings (EPI),Indian ETF, International ETF
1 comments:
I think India is a big junction for all investors and FIIS. FII mostly prefer India rather than china because India have more economic growth than china. I agree with that china is aggressive in production but India is popular for quality products.
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