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, 2 alternative indices are available.

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

0,15% 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: -11,79%
1 year: -18,65%
3 years: 12,00%
5 years: 19,14%
 

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 8 ETFs. On the FTSE India 30/18 Capped index there is 1 ETF. On the MSCI India index there are 6 ETFs. On the Nifty 50 index there is 1 ETF. The total expense ratio (TER) of ETFs on these indices is between 0,15% 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 272
(27-02-2026)
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 6 ETFs 163
(27-02-2026)
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 4.153 0,65% p.a. Accumulerend Ierland Volledige replicatie
Franklin FTSE India UCITS ETF IE00BHZRQZ17 1.524 0,19% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI India Swap UCITS ETF EUR AccFR0010361683 821 0,85% p.a. Accumulerend Frankrijk Niet-gefinancierde swap
Xtrackers MSCI India Swap UCITS ETF 1CLU0514695187 527 0,19% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Xtrackers Nifty 50 Swap UCITS ETF 1CLU0292109690 150 0,85% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI India Swap II UCITS ETF EUR AccLU1681043086 145 0,80% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
UBS MSCI India SF UCITS ETF USD (Acc)IE000N70F6V6 130 0,15% p.a. Accumulerend Ierland Swap-gebaseerd
Amundi MSCI India Swap II UCITS ETF USD AccLU1681043169 56 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 %
Nifty 50 1,57% -7,73% -2,64% -3,97% 17,49%
FTSE India 30/18 Capped 2,48% -5,84% -1,39% -2,36% 28,89%
MSCI India 2,57% -6,23% -1,24% -1,24% 27,88%
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
Nifty 50 -4,76% -7,29% 12,04% 14,71% -0,68%
FTSE India 30/18 Capped -3,54% -9,25% 17,64% 18,13% -2,19%
MSCI India -3,39% -8,76% 17,65% 15,48% -2,89%

Source: justETF.com; As of 28-02-2026; 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 2 alternative indices on India tracked by 2 ETFs. The total expense ratio (TER) of ETFs on these alternative indices is between 0,65% p.a. and 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
S&P India Tech India
Technologie
1 ETF
The S&P India Tech index tracks the Indian technology sector.
ETF
ISIN
  Fund size
in m EUR
TER
in %
Use of profits Fund domicile Replication method
HSBC S&P India Tech UCITS ETF EUR (Acc)IE0008119MO8 13 0,65% p.a. Accumulerend Ierland Volledige replicatie
HANetf INQQ India Internet UCITS ETF AccIE000WYTQSF9 7 0,86% p.a. Accumulerend Ierland Volledige replicatie
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
S&P India Tech -12,70% -17,98% -14,32% -20,10% -
INQQ The India Internet ESG Screened -2,13% -16,48% -18,94% -15,25% -
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
S&P India Tech -17,03% -19,79% - - -
INQQ The India Internet ESG Screened -12,01% -18,63% 25,45% - -

Source: justETF.com; As of 28-02-2026; 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 3 emerging markets indices tracked by 24 ETFs. The total expense ratio (TER) of ETFs on emerging markets indices is between 0,09% p.a. and 0,74% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
FTSE BIC 50 Opkomende markten

India: 32.59%
(27/02/2026)
1 ETF 50
The FTSE BIC 50 index tracks the 50 largest stocks of the BIC countries (Brazil, India, China).
Index factsheet
FTSE Emerging Opkomende markten

India: 16.88%
(27/02/2026)
3 ETFs 2.271
(27-02-2026)
The FTSE Emerging index tracks stocks from emerging markets worldwide.
Index factsheet
MSCI Emerging Markets Opkomende markten

India: 12.82%
(27/02/2026)
20 ETFs 1.195
(27-02-2026)
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 9.316 0,18% p.a. Accumulerend Ierland Geoptimaliseerde sampling
iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 7.392 0,18% p.a. Distribueren Ierland Volledige replicatie
iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 6.750 0,18% p.a. Accumulerend Ierland Volledige replicatie
Amundi Core MSCI Emerging Markets Swap UCITS ETF DistLU2573966905 4.111 0,14% p.a. Distribueren Luxemburg Niet-gefinancierde swap
Amundi Core MSCI Emerging Markets Swap UCITS ETF AccLU2573967036 3.961 0,14% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI Emerging Markets Swap UCITS ETF EUR AccLU1681045370 3.476 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi Core MSCI Emerging Markets UCITS ETF AccLU1437017350 3.469 0,18% p.a. Accumulerend Luxemburg Volledige replicatie
HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 3.133 0,15% p.a. Distribueren Ierland Volledige replicatie
Vanguard FTSE Emerging Markets UCITS ETF (USD) DistributingIE00B3VVMM84 2.724 0,17% p.a. Distribueren Ierland Volledige replicatie
UBS Core MSCI EM UCITS ETF USD disLU0480132876 2.004 0,15% p.a. Distribueren Luxemburg Geoptimaliseerde sampling
Vanguard FTSE Emerging Markets UCITS ETF (USD) AccumulatingIE00BK5BR733 1.623 0,17% p.a. Accumulerend Ierland Volledige replicatie
State Street SPDR MSCI Emerging Markets UCITS ETF USDIE00B469F816 1.447 0,18% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI Emerging Markets Swap UCITS ETF USD AccLU1681045453 1.297 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi Core MSCI Emerging Markets UCITS ETF EUR DistLU1737652583 897 0,18% p.a. Distribueren Luxemburg Volledige replicatie
HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 881 0,15% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI Emerging Markets Swap II UCITS ETF EUR AccFR0010429068 879 0,55% p.a. Accumulerend Frankrijk Niet-gefinancierde swap
Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 712 0,49% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 272 0,19% p.a. Accumulerend Ierland Niet-gefinancierde swap
UBS MSCI EM SF UCITS ETF USD accIE00B3Z3FS74 156 0,14% p.a. Accumulerend Ierland Swap-gebaseerd
Amundi MSCI Emerging Markets Swap II UCITS ETF USD AccFR0010435297 136 0,55% p.a. Accumulerend Frankrijk Niet-gefinancierde swap
iShares BIC 50 UCITS ETF USD (Dist)IE00B1W57M07 115 0,74% p.a. Distribueren Ierland Volledige replicatie
iShares MSCI EM Swap UCITS ETF USD (Acc)IE000S3N6R34 89 0,14% p.a. Accumulerend Ierland Niet-gefinancierde swap
Franklin FTSE Emerging Markets UCITS ETF USD CapitalisationIE0004I037N4 10 0,11% p.a. Accumulerend Ierland Volledige replicatie
BNP Paribas Easy MSCI Emerging UCITS ETF EUR AccLU3257630437 1 0,09% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
FTSE BIC 50 -7,28% -6,10% -0,35% -3,77% 22,49%
FTSE Emerging 1,81% 7,76% 15,52% 18,35% 47,23%
MSCI Emerging Markets 5,02% 15,82% 27,08% 32,41% 61,25%
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
FTSE BIC 50 -2,59% 13,76% 21,27% -10,62% -24,06%
FTSE Emerging 7,60% 11,13% 19,19% 4,11% -12,40%
MSCI Emerging Markets 14,84% 18,22% 14,36% 5,75% -15,28%

Source: justETF.com; As of 28-02-2026; 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: 12.73%
(27/02/2026)
1 ETF 1.057
(27-02-2026)
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: 14.63%
(27/02/2026)
1 ETF 1.006
(27-02-2026)
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: 15.88%
(27/02/2026)
4 ETFs 964
(27-02-2026)
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 5.538 0,20% p.a. Accumulerend Ierland Volledige replicatie
Amundi MSCI Emerging Markets Asia UCITS ETF EUR (C)LU1681044480 1.400 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
State Street SPDR MSCI EM Asia UCITS ETF USDIE00B466KX20 1.188 0,55% p.a. Accumulerend Ierland Volledige replicatie
UBS MSCI AC Asia ex Japan SF UCITS ETF USD accIE00B7WK2W23 754 0,23% p.a. Accumulerend Ierland Swap-gebaseerd
Amundi MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 752 0,20% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
Amundi MSCI AC Asia Pacific Ex Japan UCITS ETF AccLU1900068328 643 0,60% p.a. Accumulerend Luxemburg Niet-gefinancierde swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI AC Asia Pacific ex Japan 5,82% 15,68% 23,68% 28,28% 53,31%
MSCI AC Asia ex Japan 5,71% 15,24% 25,93% 31,10% 59,75%
MSCI Emerging Markets Asia 6,04% 15,99% 27,45% 32,43% 63,16%
Index   2026
in %
2025
in %
2024
in %
2023
in %
2022
in %
MSCI AC Asia Pacific ex Japan 13,76% 13,84% 16,92% 2,96% -12,62%
MSCI AC Asia ex Japan 13,99% 16,79% 18,97% 2,12% -14,88%
MSCI Emerging Markets Asia 14,33% 17,07% 19,10% 3,84% -15,09%

Source: justETF.com; As of 28-02-2026; Calculations in EUR based on the largest ETF of the respective index.