Europe's first physical replication ETF on Indian companies issued by LAM ZyFin Global Markets launched on Xetra
The LAM ZyFin MSCI India UCITS ETF offers investors direct access for the first time to Indian stock corporations listed on a recognised Indian stock market. The reference index, MSCI India 10/40 Index Net TR, comprises 74 large and mid-cap companies and represents around 85% of India's equity market by capitalisation. The companies in the index are weighted by free-float and market capitalisation. The index is calculated in US dollars. The ETF is offered by Zyfin, First Trust Global Portfolios is the European distributor.
Name: LAM ZyFin MSCI India UCITS ETF
Asset class: equity index ETF
Bloomberg Ticker: INDM GY
Total expense ratio: 0.89 percent
Distribution policy: accumulating
Reference index: MSCI India 10/40 Index Net TR (USD)
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