iShares MSCI India UCITS ETF

What this fund is

iShares MSCI India UCITS ETF is an exchange-traded fund (ETF) from iShares, traded under the ticker NDIA (ISIN IE00BZCQB185). In a single purchase you get a diversified basket of holdings rather than a stake in just one business. In plain terms it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't, spread across its target market. It passively tracks the MSCI India index — mirroring that market instead of paying a manager to pick winners, which keeps costs low, and its largest holdings include HDFC BANK LTD, RELIANCE INDUSTRIES LTD and ICICI BANK LTD. Spread across roughly 171 holdings (the ten largest ≈ 34.8%), no one position makes or breaks the fund.

By geography it is weighted towards ~99.8% India, ~0.2% United States and ~0% Ireland. By industry it concentrates most in ~30.8% Financials and ~12% Consumer Discretionary. It is commonly used to tilt a portfolio towards one market, usually alongside broader, more global funds rather than on its own. Its ongoing charge (TER) is 0.65% a year — about €65 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash.

It holds the underlying investments directly (physical replication); it is domiciled in Ireland and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 45.4% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2018. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from iShares.)