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.

Alternatively, 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: 0.00%
1 year: 7.52%
3 years: 43.24%
5 years: 46.09%

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 6 ETFs. On the FTSE India 30/18 Capped index there is 1 ETF. On the MSCI India index there are 4 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 193
(31/03/2022)
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 4 ETFs 109
(31/10/2022)
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 GBP
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI India UCITS ETF USD (Acc)IE00BZCQB185 1,105 0.65% p.a. Accumulating Ireland Optimized sampling
Franklin FTSE India UCITS ETFIE00BHZRQZ17 123 0.19% p.a. Accumulating Ireland Full replication
Xtrackers Nifty 50 Swap UCITS ETF 1CLU0292109690 117 0.85% p.a. Accumulating Luxembourg Unfunded swap
Lyxor MSCI India UCITS ETF - Acc (USD)FR0010375766 101 0.85% p.a. Accumulating France Unfunded swap
Xtrackers MSCI India Swap UCITS ETF 1CLU0514695187 59 0.75% p.a. Accumulating Luxembourg Unfunded swap
Amundi ETF MSCI India UCITS ETF USDLU1681043169 32 0.80% p.a. Accumulating Luxembourg Unfunded swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
Nifty 50 -0.71% 5.95% 6.41% 10.17% 43.78%
MSCI India -1.72% 5.38% 4.33% 10.78% 50.00%
FTSE India 30/18 Capped -2.36% 4.92% 3.61% 11.40% 46.46%
Index   2022
in %
2021
in %
2020
in %
2019
in %
2018
in %
MSCI India 7.92% 26.58% 11.14% 3.51% -
FTSE India 30/18 Capped 8.02% 26.44% 8.87% - -
Nifty 50 9.12% 23.00% 7.67% 4.65% -0.95%

Source: justETF.com; As of 31/10/2022; Calculations in GBP based on the largest ETF of the respective index.

 

The cheapest India ETFs
by total expense ratio (TER)

Show all
Alternative investment opportunities

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 19 ETFs. The total expense ratio (TER) of ETFs on emerging markets indices is between 0.14% p.a. and 0.55% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
FTSE Emerging Emerging Markets
India: 15.58%
(31/05/2022)
2 ETFs 1,894
(30/06/2022)
The FTSE Emerging index tracks stocks from emerging markets worldwide.
Index factsheet
MSCI Emerging Markets Emerging Markets
India: 12.81%
(31/05/2022)
17 ETFs 1,386
(31/10/2022)
The MSCI Emerging Markets index tracks stocks from emerging markets worldwide.
Index factsheet
ETF
ISIN
  Fund size
in m GBP
TER
in %
Use of profits Fund domicile Replication method
Xtrackers MSCI Emerging Markets UCITS ETF 1CIE00BTJRMP35 3,642 0.18% p.a. Accumulating Ireland Optimized sampling
iShares MSCI EM UCITS ETF (Dist)IE00B0M63177 2,792 0.18% p.a. Distributing Ireland Optimized sampling
Amundi ETF MSCI Emerging Markets UCITS ETF DRLU1437017350 2,060 0.20% p.a. Accumulating Luxembourg Full replication
Vanguard FTSE Emerging Markets UCITS ETF DistributingIE00B3VVMM84 1,604 0.22% p.a. Distributing Ireland Optimized sampling
HSBC MSCI Emerging Markets UCITS ETF USDIE00B5SSQT16 1,257 0.15% p.a. Distributing Ireland Optimized sampling
iShares MSCI EM UCITS ETF (Acc)IE00B4L5YC18 1,118 0.18% p.a. Accumulating Ireland Optimized sampling
UBS ETF (LU) MSCI Emerging Markets UCITS ETF (USD) A-disLU0480132876 992 0.23% p.a. Distributing Luxembourg Optimized sampling
Lyxor MSCI Emerging Markets (LUX) UCITS ETFLU0635178014 774 0.14% p.a. Distributing Luxembourg Unfunded swap
Amundi ETF MSCI Emerging Markets UCITS ETF USDLU1681045453 757 0.20% p.a. Accumulating Luxembourg Unfunded swap
Xtrackers MSCI Emerging Markets Swap UCITS ETF 1CLU0292107645 583 0.49% p.a. Accumulating Luxembourg Unfunded swap
Invesco MSCI Emerging Markets UCITS ETFIE00B3DWVS88 329 0.19% p.a. Accumulating Ireland Unfunded swap
Amundi Index MSCI Emerging Markets UCITS ETF DR EUR (D)LU1737652583 264 0.20% p.a. Distributing Luxembourg Full replication
SPDR MSCI Emerging Markets UCITS ETFIE00B469F816 258 0.42% p.a. Accumulating Ireland Optimized sampling
Vanguard FTSE Emerging Markets UCITS ETF AccIE00BK5BR733 206 0.22% p.a. Accumulating Ireland Optimized sampling
Xtrackers MSCI Emerging Markets UCITS ETF 1DIE000GWA2J58 125 0.18% p.a. Distributing Ireland Full replication
Lyxor MSCI Emerging Markets UCITS ETF - Acc USDFR0010435297 109 0.55% p.a. Accumulating France Unfunded swap
Amundi Index MSCI Emerging Markets UCITS ETF DR - USD (D)LU2277591868 105 0.20% p.a. Distributing Luxembourg Full replication
Lyxor MSCI Emerging Markets (LUX) UCITS ETF - AccLU2200146228 95 0.14% p.a. Accumulating Luxembourg Unfunded swap
HSBC MSCI Emerging Markets UCITS ETF USD (Acc)IE000KCS7J59 57 0.15% p.a. Accumulating Ireland Optimized sampling
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI Emerging Markets -7.08% -9.47% -12.34% -17.53% -2.33%
FTSE Emerging -8.13% -8.62% -11.29% -14.52% 0.18%
Index   2022
in %
2021
in %
2020
in %
2019
in %
2018
in %
MSCI Emerging Markets -17.42% -1.50% 14.15% 13.94% -10.13%
FTSE Emerging -14.60% 0.60% 10.90% 16.00% -8.64%

Source: justETF.com; As of 31/10/2022; Calculations in GBP 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 7 ETFs. The total expense ratio (TER) of ETFs on Asia is between 0.12% p.a. and 0.60% p.a..

 
Index Investment focus Number of ETFs Number of constituents Short description
MSCI AC Asia Pacific ex Japan Asia Pacific
India: 12.09%
(31/05/2022)
1 ETF 1,269
(31/10/2022)
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 Asia Pacific
India: 14.57%
(31/05/2022)
2 ETFs 1,205
(31/10/2022)
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 Asia Pacific
India: 16.35%
(31/05/2022)
4 ETFs 1,151
(31/10/2022)
The MSCI Emerging Markets Asia index tracks large and mid cap companies from Asian emerging markets.
Index factsheet
ETF
ISIN
  Fund size
in m GBP
TER
in %
Use of profits Fund domicile Replication method
iShares MSCI EM Asia UCITS ETF (Acc)IE00B5L8K969 1,314 0.20% p.a. Accumulating Ireland Full replication
SPDR MSCI EM Asia UCITS ETFIE00B466KX20 790 0.55% p.a. Accumulating Ireland Optimized sampling
Amundi ETF MSCI Emerging Markets Asia UCITS ETF USDLU1681044563 628 0.20% p.a. Accumulating Luxembourg Unfunded swap
Lyxor MSCI AC Asia Pacific Ex Japan UCITS ETF - AccLU1900068328 348 0.60% p.a. Accumulating Luxembourg Unfunded swap
Lyxor MSCI AC Asia Ex Japan UCITS ETF - AccLU1900068161 232 0.50% p.a. Accumulating Luxembourg Unfunded swap
UBS ETF (IE) MSCI AC Asia Ex Japan SF UCITS ETF (USD) A-accIE00B7WK2W23 163 0.23% p.a. Accumulating Ireland Swap-based
Lyxor MSCI EM Asia UCITS ETF - AccLU1781541849 125 0.12% p.a. Accumulating Luxembourg Unfunded swap
 
Index   1 month
in %
3 months
in %
6 months
in %
1 year
in %
3 years
in %
MSCI AC Asia ex Japan -9.27% -13.47% -15.14% -21.60% -4.46%
MSCI Emerging Markets Asia -9.73% -13.53% -15.58% -21.51% -1.85%
MSCI AC Asia Pacific ex Japan -7.45% -11.73% -13.81% -18.43% -1.53%
Index   2022
in %
2021
in %
2020
in %
2019
in %
2018
in %
MSCI AC Asia ex Japan -20.43% -4.75% 20.25% 13.57% -10.04%
MSCI Emerging Markets Asia -20.38% -5.32% 23.41% 14.84% -11.28%
MSCI AC Asia Pacific ex Japan -17.29% -3.00% 17.82% 14.45% -9.67%

Source: justETF.com; As of 31/10/2022; Calculations in GBP based on the largest ETF of the respective index.