| NAV | $26.87 | Daily Change | -$0.16 | -0.59% |
| Market Price | $26.72 | Daily Change | -$0.38 | -1.40% |
Aided by favorable demographics, a market-friendly government, and supply chain diversification, India’s economy is expected to grow above 6.5% for the foreseeable future.1
NDIA’s active approach is supported by a Mumbai based team. Our parent company, Mirae Asset, is the largest international asset manager in India, and NDIA leverages this experience in its processes.2
NDIA delivers access to experienced stock picking and portfolio management across a range of sectors.
1IMF, WEO October 2024
2Company Data as of 02/29/2024
| Inception Date | 08/17/23 |
| Total Expense Ratio | 0.76% |
| Net Assets | $22.57 million |
| NAV | $26.87 |
| Fact Sheet | View the document |
The Global X India Active ETF (NDIA) is an actively managed ETF designed to offer investors direct exposure to the Indian Economy. NDIA screens for companies with quality business models and management teams across India, focusing on domestic-driven growth over a 4-5 year investing horizon.
The Global X India Active ETF (NDIA) seeks to achieve long-term capital growth.
| Ticker | NDIA |
| Bloomberg IOPV Ticker | NDIAIV |
| CUSIP | 37960A552 |
| ISIN | US37960A5526 |
| Primary Exchange | NYSE Arca |
| Shares Outstanding | 840,000 |
| Number of Holdings | 27 |
| 30-Day Median Bid-Ask Spread | 0.41% |
| 30-Day SEC Yield | -0.76% |
| Distribution Frequency | Semi-Annually |
| NAV | $26.87 | Daily Change | -$0.16 | -0.59% |
| Market Price | $26.72 | Daily Change | -$0.38 | -1.40% |
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.
| Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
|---|---|---|---|---|---|---|
| 8.63 | RIGD LI | RELIANC-GDR 144A | B16CYP9 | 56.30 | 34,583 | 1,947,022.90 |
| 7.44 | IBN | ICICI BANK LTD-SPON ADR | 2569286 | 28.16 | 59,670 | 1,680,307.20 |
| 6.73 | HDFCB IN | HDFC BANK LIMITED | BK1N461 | 19.52 | 77,822 | 1,519,014.36 |
| 5.79 | INFY | INFOSYS LTD-SP ADR | 2398822 | 21.17 | 61,751 | 1,307,268.67 |
| 5.02 | AXSB IN | AXIS BANK LTD | BPFJHC7 | 11.64 | 97,404 | 1,133,384.45 |
| 4.82 | LT IN | LARSEN & TOUBRO LTD | B0166K8 | 38.23 | 28,463 | 1,088,198.49 |
| 4.39 | TCS IN | TATA CONSULTANCY SVCS LTD | B01NPJ1 | 43.66 | 22,698 | 991,057.87 |
| 3.72 | UTCEM IN | ULTRATECH CEMENT LTD | B01GZF6 | 128.67 | 6,525 | 839,592.39 |
| 3.71 | BHARTI IN | BHARTI AIRTEL LTD | 6442327 | 18.90 | 44,267 | 836,866.33 |
| 3.69 | TATA IN | TATA STEEL LTD | BPQWCZ3 | 1.62 | 513,235 | 833,156.02 |
| 3.65 | UNITDSPR IN | UNITED SPIRITS LTD | BYWFSB7 | 15.07 | 54,627 | 823,090.48 |
| 3.35 | MSIL IN | MARUTI SUZUKI INDIA LTD | 6633712 | 142.12 | 5,314 | 755,239.46 |
| 3.16 | TTAN IN | TITAN CO LTD | 6139340 | 36.67 | 19,432 | 712,626.19 |
| 3.03 | NTPC IN | NTPC LTD | B037HF1 | 3.76 | 181,793 | 684,003.76 |
| 2.98 | SBILIFE IN | SBI LIFE INSURANCE CO LTD | BZ60N32 | 17.25 | 39,036 | 673,214.56 |
| 2.73 | PEPL IN | PRESTIGE ESTATES PROJECTS | B4T3LF9 | 14.03 | 43,943 | 616,398.00 |
| 2.71 | ZOMATO IN | ZOMATO LTD | BL6P210 | 2.66 | 230,349 | 611,961.66 |
| 2.66 | SHFL IN | SHRIRAM FINANCE LTD | BS4DBX0 | 6.75 | 89,025 | 600,721.11 |
| 2.50 | APHS IN | APOLLO HOSPITALS | 6273583 | 72.86 | 7,753 | 564,871.01 |
| 2.48 | TTMT IN | TATA MOTORS LTD | B611LV1 | 7.76 | 71,987 | 558,893.42 |
| 2.47 | DMART IN | AVENUE SUPERMARTS LTD | BYW1G33 | 41.48 | 13,418 | 556,573.87 |
| 2.43 | CASH | 1.00 | 547,835 | 547,835.08 | ||
| 2.34 | FB IN | FEDERAL BANK LTD | BFT7KB7 | 2.07 | 254,697 | 528,281.11 |
| 2.13 | GICRE IN | GENERAL INS CORP OF INDIA | BZ0XK69 | 4.44 | 108,247 | 480,938.26 |
| 2.09 | KJC IN | KAJARIA CERAMICS LTD | BDB5J63 | 10.16 | 46,310 | 470,710.63 |
| 1.82 | BPCL IN | BHARAT PETROLEUM CORP LTD | 6099723 | 2.90 | 142,074 | 411,754.08 |
| 1.79 | LTIM IN | LTIMINDTREE LTD | BD6F8V6 | 61.11 | 6,607 | 403,727.25 |
| 1.78 | GODIGIT IN | GO DIGIT GENERAL | BQ0K6B4 | 3.45 | 116,481 | 402,061.62 |
| 0.02 | INDIA RUPEE | 0.01 | 302,970 | 3,494.06 | ||
| -0.03 | OTHER PAYABLE & RECEIVABLES | 1.00 | -7,337 | -7,336.67 |
| Sector | Weight (%) | |
|---|---|---|
| Financials | 30.9 | |
| Consumer Discretionary | 14.5 | |
| Information Technology | 12.7 | |
| Energy | 10.8 | |
| Industrials | 7.5 | |
| Materials | 7.3 | |
| Consumer Staples | 4.0 | |
| Communication Services | 3.7 | |
| Real Estate | 3.0 | |
| Utilities | 3.0 | |
| Health Care | 2.7 |
| Industry | Weight (%) | |
|---|---|---|
| Banks | 21.5 | |
| Software & Services | 12.7 | |
| Energy | 10.8 | |
| Capital Goods | 7.5 | |
| Materials | 7.3 | |
| Insurance | 7.0 | |
| Automobiles & Components | 5.9 | |
| Consumer Discretionary Distribution & Retail | 5.1 | |
| Food, Beverage & Tobacco | 4.0 | |
| Telecommunication Services | 3.7 | |
| Consumer Durables & Apparel | 3.4 | |
| Other | 11.1 |
All Sector, Industry and Geographic breakdowns, where provided, are based on equity positions held by the ETF and exclude cash, currencies, and other holdings.
Investing involves risk, including the possible loss of principal. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Securities focusing on a single country may be subject to higher volatility. NDIA is non-diversified.
NDIA is actively managed, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. As an actively managed fund, NDIA does not seek to replicate a specific index. There can be no guarantee that active management strategies and processes will be successful.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.
Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by MSCI, nor does MSCI make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with MSCI.