How to invest in India using ETFs

How do I invest in Indian stocks?

The easiest way to invest in the whole Indian stock market is to invest in a broad market index. This can be done at low cost by using ETFs.

On the Indian stock market you'll find 3 indices which are tracked by ETFs. Besides these indices, 1 alternative index is available.

As further alternative, you may invest in indices on Asia or emerging markets.

0,19% p.a. - 0,85% p.a.
annual total expense ratio (TER) of India ETFs
on the Indian stock market, which are tracked by ETFs
on the Indian stock market
 
The best indices for India ETFs

Performance of Indian stocks (MSCI India)

1 month: -2,78%
1 year: -9,52%
3 years: 31,37%
5 years: 98,67%
 

Indices in comparison

The best indices for ETFs on India

For an investment in the Indian stock market, there are 3 indices available which are tracked by 7 ETFs. On the FTSE India 30/18 Capped index there is 1 ETF. On the MSCI India index there are 5 ETFs. On the Nifty 50 index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is between 0,19% p.a. and 0,85% p.a..

Index Investment focus Number of ETFs Number of constituents Short description

FTSE India 30/18 Capped

India 1 ETF 213
(29-02-2024)
The FTSE India 30/18 Capped index tracks Indian companies with large and medium market capitalisation. The largest company in the index is limited to a maximum of 30 percent of the index capitalization, all other index components to a maximum of 18 percent.
Index factsheet

MSCI India

India 5 ETFs 156
(31-03-2025)
The MSCI India index tracks the leading Indian stocks.
Index factsheet

Nifty 50

India 1 ETF 50
The Nifty 50 index tracks 50 stocks from 22 sectors of the Indian economy.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI India UCITS ETF USD (Acc)IE00BZCQB185 4.785 0,65% p.a. Accumulerend Ierland Volledige replicatie
Franklin FTSE India UCITS ETF IE00BHZRQZ17 1.328 0,19% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI India II UCITS ETF EUR AccFR0010361683 1.034 0,85% p.a. Accumulerend Frankrijk Niet-gefinancierde swap
Xtrackers MSCI India Swap UCITS ETF 1C 1CLU0514695187 559 0,19% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI India UCITS ETF EUR (C)LU1681043086 182 0,80% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Xtrackers Nifty 50 Swap UCITS ETF 1CLU0292109690 179 0,85% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI India UCITS ETF USDLU1681043169 71 0,80% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
FTSE India 30/18 Capped 1,46% 5,10% -7,11% -0,40% 31,68%
MSCI India 1,42% 6,31% -7,34% -0,35% 29,56%
Nifty 50 0,79% 4,86% -5,98% 2,07% 26,38%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
FTSE India 30/18 Capped -5,27% 17,64% 18,13% -2,19% 35,30%
MSCI India -4,34% 17,65% 15,48% -2,89% 35,69%
Nifty 50 -3,39% 12,04% 14,71% -0,68% 31,60%

Source: justETF.com; As of 31-05-2025; Calculations in EUR based on the largest ETF of the respective index.

 

The cheapest India ETFs
by total expense ratio (TER)

Show all
Alternative investment opportunities

India indices with a sector or thematic focus

Alternatively, you can consider indices on specific sectors or investment themes. In total you can invest in 1 alternative index on India tracked by 1 ETF. The total expense ratio (TER) of ETFs on these alternative indices is around 0,86% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
INQQ The India Internet ESG Screened India
Sociaal/Milieu
1 ETF
The INQQ The India Internet ESG Screened index tracks Indian companies from the sectors internet and E-commerce. The stocks included are filtered according to ESG criteria (environmental, social and corporate governance).
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
HANetf INQQ India Internet UCITS ETF AccIE000WYTQSF9 8 0,86% p.a. Accumulerend Ierland Volledige replicatie
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
INQQ The India Internet ESG Screened 4,41% 7,75% -8,75% 8,96% -
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
INQQ The India Internet ESG Screened -9,50% 25,58% - - -

Source: justETF.com; As of 31-05-2025; Calculations in EUR based on the largest ETF of the respective index.

 

Emerging markets indices with a share of India

Besides India ETFs you may consider ETFs on emerging markets. In total, you can consider 2 emerging markets indices tracked by 20 ETFs. The total expense ratio (TER) of ETFs on emerging markets indices is between 0,11% p.a. and 0,55% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
FTSE Emerging Opkomende markten

India: 17.98%
(30/11/2022)
3 ETFs 2.219
(28-06-2024)
The FTSE Emerging index tracks stocks from emerging markets worldwide.
Index factsheet
MSCI Emerging Markets Opkomende markten

India: 14.85%
(30/11/2022)
17 ETFs 1.206
(31-03-2025)
The MSCI Emerging Markets index tracks stocks from emerging markets worldwide.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
Xtrackers MSCI Emerging Markets UCITS ETF 1CIE00BTJRMP35 6.043 0,18% p.a. Accumulerend Ierland Geoptimaliseerde sampling
iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 4.537 0,18% p.a. Distribueren Ierland Volledige replicatie
iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 3.977 0,18% p.a. Accumulerend Ierland Volledige replicatie
Amundi Index MSCI Emerging Markets UCITS ETF DR (C)LU1437017350 2.869 0,18% p.a. Accumulerend Luxemburg Volledige replicatie
Amundi MSCI Emerging Markets II UCITS ETF DistLU2573966905 2.652 0,14% p.a. Distribueren Luxemburg Niet-gefinancierde swap
Amundi MSCI Emerging Markets UCITS ETF EUR (C)LU1681045370 2.414 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Vanguard FTSE Emerging Markets UCITS ETF DistributingIE00B3VVMM84 2.284 0,22% p.a. Distribueren Ierland Volledige replicatie
HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 2.005 0,15% p.a. Distribueren Ierland Volledige replicatie
UBS Core MSCI EM UCITS ETF USD disLU0480132876 1.471 0,15% p.a. Distribueren Luxemburg Geoptimaliseerde sampling
Vanguard FTSE Emerging Markets UCITS ETF AccIE00BK5BR733 914 0,22% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI Emerging Markets UCITS ETF USDLU1681045453 881 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI Emerging Markets III UCITS ETF EUR AccFR0010429068 839 0,55% p.a. Accumulerend Frankrijk Niet-gefinancierde swap
SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 719 0,18% p.a. Accumulerend Ierland Volledige replicatie
Amundi Index MSCI Emerging Markets UCITS ETF DR (D)LU1737652583 600 0,18% p.a. Distribueren Luxemburg Volledige replicatie
Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 562 0,49% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 417 0,15% p.a. Accumulerend Ierland Volledige replicatie
Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 351 0,19% p.a. Accumulerend Ierland Niet-gefinancierde swap
UBS MSCI EM SF UCITS ETF USD accIE00B3Z3FS74 105 0,14% p.a. Accumulerend Ierland Swap-gebaseerd
Amundi MSCI Emerging Markets III UCITS ETF USD AccFR0010435297 103 0,55% p.a. Accumulerend Frankrijk Niet-gefinancierde swap
Franklin FTSE Emerging Markets UCITS ETF USD CapitalisationIE0004I037N4 9 0,11% p.a. Accumulerend Ierland Volledige replicatie
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Emerging Markets 4,61% -2,39% 1,08% 8,11% 9,49%
FTSE Emerging 4,16% -3,12% 0,20% 9,48% 12,21%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
FTSE Emerging -1,80% 19,19% 4,11% -12,40% 7,62%
MSCI Emerging Markets 0,37% 14,36% 5,75% -15,28% 5,39%

Source: justETF.com; As of 31-05-2025; Calculations in EUR based on the largest ETF of the respective index.

 

Asia indices with a share of India

Alternatively, you may consider investing in Asia. In total, you can invest in 3 indices on Asia tracked by 6 ETFs. The total expense ratio (TER) of ETFs on Asia is between 0,20% p.a. and 0,60% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI AC Asia Pacific ex Japan Azië-Pacific

India: 13.98%
(30/11/2022)
1 ETF 1.073
(31-03-2025)
The MSCI AC Asia Pacific ex Japan index tracks equity markets of the emerging and developed countries of the Asia and Pacific region, excluding Japan.
Index factsheet
MSCI AC Asia ex Japan Azië-Pacific

India: 16.92%
(30/11/2022)
1 ETF 1.020
(31-03-2025)
The MSCI AC Asia ex Japan index tracks equity markets of the emerging and developed countries of the Asia region, excluding Japan.
Index factsheet
MSCI Emerging Markets Asia Azië-Pacific

India: 19.02%
(30/11/2022)
4 ETFs 976
(31-03-2025)
The MSCI Emerging Markets Asia index tracks large and mid cap companies from Asian emerging markets.
Index factsheet
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI EM Asia UCITS ETF (Acc)IE00B5L8K969 3.014 0,20% p.a. Accumulerend Ierland Volledige replicatie
SPDR MSCI EM Asia UCITS ETFIE00B466KX20 891 0,55% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI Emerging Markets Asia UCITS ETF EUR (C)LU1681044480 884 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 560 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 409 0,60% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
UBS MSCI AC Asia ex Japan SF UCITS ETF USD accIE00B7WK2W23 257 0,23% p.a. Accumulerend Ierland Swap-gebaseerd
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI AC Asia Pacific ex Japan 5,20% -2,72% -1,32% 8,47% 9,16%
MSCI Emerging Markets Asia 5,33% -2,91% 0,13% 8,72% 10,82%
MSCI AC Asia ex Japan 5,56% -2,66% 0,63% 9,76% 10,40%
Index   2025
in %
2024
in %
2023
in %
2022
in %
2021
in %
MSCI AC Asia Pacific ex Japan -1,91% 16,92% 2,96% -12,62% 3,78%
MSCI AC Asia ex Japan -0,63% 18,97% 2,12% -14,88% 2,94%
MSCI Emerging Markets Asia -0,05% 19,10% 3,84% -15,09% 1,48%

Source: justETF.com; As of 31-05-2025; Calculations in EUR based on the largest ETF of the respective index.