Range India Financials ETFRange India Financials ETFRange India Financials ETF

Range India Financials ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪10.70 M‬USD
Fund flows (1Y)
‪1.83 M‬USD
Dividend yield (indicated)
2.54%
Discount/Premium to NAV
0.4%
Shares outstanding
‪275.02 K‬
Expense ratio
0.75%

About Range India Financials ETF


Issuer
Cottonwood ETF Holdings LLC
Brand
Range
Home page
Inception date
Oct 20, 2020
Structure
Open-Ended Fund
Index tracked
Nifty Financial Services 25/50 Index
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Exchange Traded Concepts LLC
Distributor
SEI Investments Distribution Co.
INDF tracks an index designed to reflect the performance of the Indian financial market which includes banks, financial institutions, housing finance companies, insurance companies and other financial services companies. Stocks are selected based on their free-float market capitalization, therefore, excludes locked-in shares such as those held by insiders and governments. The underlying index is the capped version of the Nifty Financial Services Index, which is a narrow index of 20 financial services stocks. The only difference is that the underlying index for INDF is subject to a 25/50 weight cap, such that the maximum weight of each stock is 25% and the maximum aggregate weight of all the individual stocks with more than 5% is 50%. The index undergoes a quarterly rebalance and reconstitution. Prior to Sep. 1, 2024, the fund was called Nifty India Financials ETF.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Broad-based
Strategy
Vanilla
Geography
India
Weighting scheme
Market cap
Selection criteria
Market cap
What's in the fund
Exposure type
Stocks
Finance
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to INDF via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
INDF trades at 39.35 USD today, its price has risen 0.73% in the past 24 hours. Track more dynamics on INDF price chart.
INDF net asset value is 38.95 today — it's risen 0.70% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
INDF assets under management is ‪10.70 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
INDF price has fallen by −0.68% over the last month, and its yearly performance shows a 8.72% increase. See more dynamics on INDF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.70% over the last month, showed a 16.19% increase in three-month performance and has increased by 13.91% in a year.
INDF fund flows account for ‪1.83 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
INDF invests in stocks. See more details in our Analysis section.
INDF expense ratio is 0.75%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, INDF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, INDF technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating INDF shows the strong buy signal. See more of INDF technicals for a more comprehensive analysis.
Yes, INDF pays dividends to its holders with the dividend yield of 2.54%.
INDF trades at a premium (0.42%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
INDF shares are issued by Cottonwood ETF Holdings LLC
INDF follows the Nifty Financial Services 25/50 Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 20, 2020.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.