IIND - BetaShares India Quality ETF

[divs4ever]

i filled an ( initial ) order in these today

Management Cost 0.72%

Total Holdings 30 Portfolio Turnover 24.90%

Top 10 Holdings

CODE	COMPANY	ASSET
INFY	Infosys Ltd	8.90%
TCS	Tata Consultancy Services Ltd	7.54%
ICICIBANK	ICICI Bank Ltd	5.76%
KOTAKBANK	Kotak Mahindra Bank Ltd	5.75%
500696	Hindustan Unilever Ltd	5.74%

CODE	COMPANY	ASSET
RELIANCE	Reliance Industries Ltd	5.04%
532215	Axis Bank Ltd	4.06%
HDFC	Housing Development Finance Corp Ltd	3.33%
532755	Tech Mahindra Ltd	3.23%
500096	Dabur India Ltd	3.18%

i guess some members will choke on the management fee , but i wanted more exposure to India ( more than the current exposure via EAI and ASIA , both of which i am still watching to add more of )

i see India as a good place for future growth ( but it could be a long and twisting path )

DYOR

DYOR

 

[frugal.rock]

Saw this news headline and thought of this ETF.

Australia and India sign 'historic' trade deal after more than a decade of negotiations

An historic trade agreement, celebrated as a way for Australia to reduce its reliance on China, is signed with India.

www.abc.net.au

 

[divs4ever]

LOL

India won't put to much faith in that because Australia will try to use that to put a wedge in between the slowly healing India-China relationship

if we had of been really smart we would have been rushing over to help Sri Lanka , currently

the fact the deal took a decade is a hint to their complexity

but as a ( difficult ) place to get exposure to India has a lot of promise

 

[So_Cynical]

This ETF surely has a place in all broadly diversified portfolios, certainly on my shopping list.

 

[divs4ever]

it seemed so for me , i am after a reasonably modest focus to India

i would also like more exposure to Korea ( at a decent price ) betting the two Koreas will eventually reunite ( now YES i expect it to be a long and painful process , financially , think post-Berlin War in Germany ) but has a potential for growth longer term ( should they manage to reunite ) ( so far my exposure is limited to Asian focused ETFs and LICs )

being a person over 60 i am looking for markets that are BEING to mature ( no longer emerging but still having solid growth potential )

for high risk folks , Taiwan is an interesting target , China MIGHT be more interested in incorporating Taiwan , as a larger version of Hong Kong ( semi-autonomous and infrastructure and industry basically intact ) i can't see how turning Taiwan into submissive dust , is in China's best interest

( but that is a bet i am unwilling to put money on )

 

[frugal.rock]

Get it india

 

[divs4ever]

time will tell if i have picked correctly , by the way there is a rival ETF , NDIA

( i also hold ASIA , EAI , PAI for their Asia exposure , preferably ex Japan )

 

[houtman]

Picked up a few of these for India exposure.
Will probably end up 60/40- 70/30 between these and NDIA in a few months but starting with IIND.

There's not much between them the last 3 yrs -
-

	IIND	NDIA	Index
Management costs	0.80%	0.69%
Mcap	A$210m	A$162m
3 yr return pa	11.62%	11.41%	14.44%
Div	3.30%	1.02%

Both have under-performed the index over 3 yrs(so no red flags there!) and 2 years ago the Div yield was near reversed.
Both are currently just above NTA (<1%).

NDIA follows the Nifty50 index, so holds the 50 shares in the index at similar weighting to the index.
IIND "......selects the 30 highest quality Indian companies based on a combined ranking of the following key factors – high profitability, low leverage and high earnings stability".
These variations result in NDIA's top 5 of 50 holdings accounting for about 33% of total, while IIND's top 5 of 30 holdings account for about 26% of total.

Currently IIND has 8 of their 30 holdings not in the current Nifty50 index, but they are in the top 50 by MCap.

 

[divs4ever]

Picked up a few of these for India exposure.
Will probably end up 60/40- 70/30 between these and NDIA in a few months but starting with IIND.

There's not much between them the last 3 yrs -
-

	IIND	NDIA	Index
Management costs	0.80%	0.69%
Mcap	A$210m	A$162m
3 yr return pa	11.62%	11.41%	14.44%
Div	3.30%	1.02%

Both have under-performed the index over 3 yrs(so no red flags there!) and 2 years ago the Div yield was near reversed.
Both are currently just above NTA (<1%).

NDIA follows the Nifty50 index, so holds the 50 shares in the index at similar weighting to the index.
IIND "......selects the 30 highest quality Indian companies based on a combined ranking of the following key factors – high profitability, low leverage and high earnings stability".
These variations result in NDIA's top 5 of 50 holdings accounting for about 33% of total, while IIND's top 5 of 30 holdings account for about 26% of total.

Currently IIND has 8 of their 30 holdings not in the current Nifty50 index, but they are in the top 50 by MCap.

a different one is FIIN

so far offers no compelling reason to buy

but just give you a choice other than IIND and NDIA

have stuck with IIND so far and am up enough to dissuade me from adding at these prices

Opportunities within the Nifty 50

India’s digital journey is one of inertia. India launched its “Digital India Program” in 2015, which has driven “new economy” sectors from ~5% to ~15% of gross domestic product (GDP), as structural reforms have opened the door to everyone from start-ups to multinationals to finally take...

www.livewiremarkets.com

might help you a little with your research

 

[houtman]

a different one is FIIN

so far offers no compelling reason to buy

Thanks Divs,

I had a quick look at FIIN.

1.2% management fee.

They also seem to hold a lot of companies not in the Nifty50.

Agree no compelling reason to buy, I'll just keep it simple with IIND/NDIA.