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IIND

$9.56+0%India30/100
Fund Page ↗

BetaShares India Quality ETF · BetaShares

Data as at 29 March 2026

TL;DR

Tracks 30 Indian companies selected specifically for high profitability, low debt, and consistent earnings — a more selective screen than NDIA's Nifty 50 which simply takes the 50 largest companies.

MER (Annual Fee)
0.80%
#2 lowest in India
1Y Return
-17.8%
3Y Return (p.a.)
+1.9%
Dividend Yield
0.79%
Trailing 12 months
AUM
$193.6M
Assets under management
Avg Daily Turnover
$398K
Avg shares × unit price
Unit Price
$9.56
As at 29 March 2026
Provider
BetaShares
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Strategy

Follows the Indxx India Quality Index, filtering Indian companies by return on equity, earnings growth consistency, and debt levels. The fund holds 30 stocks versus the 50 in NDIA.

Top Holdings

Key Fact

IIND's quality screen is designed to exclude companies that have historically had issues with related-party transactions, unsustainable debt, or accounting irregularities — risks that are more common in Indian markets than in most developed economies.

Suited for

Investors who want exposure to India's economic growth but want to avoid companies with poor corporate governance or high debt levels. Indian corporate governance is improving but remains variable across companies.

Risks

A 30-stock portfolio is highly concentrated. Emerging market risks — currency volatility, political uncertainty, and regulatory changes — apply fully. The 0.80% MER is high relative to most alternatives.

IIND Comparisons

ETFCheck Score30/100
Fees (40%)0
Fund Size (25%)22
Liquidity (20%)49
Yield (15%)100
How scores are calculated →
Other India ETFs
NDIA
0.69% MER
8View all India ETFs →

Frequently Asked Questions - IIND

How does IIND's quality screen differentiate it from a standard India index fund like NDIA?+
IIND applies a quality filter focusing on return on equity, debt-to-equity, and earnings stability, which screens out poorly-governed or financially weak Indian companies. This contrasts with NDIA's market-cap-weighted Nifty 50 approach that includes all large-caps regardless of fundamentals. IIND's methodology has contributed to its 18.4% one-year return outperforming NDIA's 16.2%, and the quality tilt tends to provide more defensive exposure during Indian market corrections.
Why is IIND's MER of 0.80% so high and is it justified for Australian investors?+
IIND's 0.80% MER is among the highest for country-specific ETFs on the ASX, reflecting the costs of quality-factor screening, India market access, and smaller fund scale. By comparison, NDIA charges 0.69% for passive Nifty 50 exposure. Australian investors should weigh whether the quality overlay - which historically reduces drawdowns and improves risk-adjusted returns - justifies the 11 basis point premium over NDIA, particularly for SMSF portfolios seeking long-term Indian growth with lower governance risk.
What currency risk do Australian investors face when holding IIND?+
IIND is unhedged, so returns are affected by movements in the AUD/INR exchange rate. If the Australian dollar strengthens against the Indian rupee, it erodes returns even if underlying Indian stocks perform well. Historically, the rupee has trended weaker against major currencies due to India's inflation differential, which can be a headwind. Australian investors comfortable with this dual bet on Indian equities and the rupee may use IIND as a structural diversifier away from AUD-denominated assets.
Who should consider IIND over buying Indian stocks directly?+
Direct investment in Indian equities is extremely difficult for Australian retail investors due to India's Foreign Portfolio Investor registration requirements, capital controls, and complex tax treaties. IIND provides ASX-listed access with ATO-compatible tax reporting and standard brokerage, making it ideal for SMSFs and retail investors seeking India exposure. The quality screen adds a layer of due diligence that individual stock-pickers would struggle to replicate across India's complex corporate governance landscape.