Key stats
About Invesco India ETF
Home page
Inception date
Mar 5, 2008
Structure
Open-Ended Fund
Replication method
Physical
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
Invesco Capital Management LLC
Distributor
Invesco Distributors, Inc.
PIN aims for broad exposure to Indian stocks, eliminating only the bottom decile that dont pass its yield and quality screens. The index starts with stocks traded on National Stock Exchange of India, and then ranks them by trailing 12-month yield and removes the bottom 10%. The index also ranks by quality, a combination of profitability (return on assets, asset turnover and accruals) and leverage ratio, and removes the bottom 10%. (Financial firms use ROA only for quality.) Stocks are market-cap-weighted, subject to some position limits. Individual positions are capped at 10% for largest stock, 9% for 2nd etc. on through the top 6 names, subject to a cap of 40% total for individual positions greater than 5%. The index is reviewed semi-annually. Note: Prior to June 24, 2019 the fund tracked the Indus India Index, which differed with respect to its screens.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Technology Services
Stocks95.94%
Finance25.99%
Technology Services11.72%
Energy Minerals9.43%
Consumer Durables7.33%
Non-Energy Minerals6.62%
Consumer Non-Durables6.05%
Producer Manufacturing5.08%
Health Technology4.94%
Utilities4.02%
Communications3.62%
Process Industries3.04%
Industrial Services1.99%
Electronic Technology1.77%
Health Services1.47%
Retail Trade0.93%
Consumer Services0.90%
Transportation0.87%
Commercial Services0.16%
Bonds, Cash & Other4.06%
Cash1.89%
Mutual fund1.33%
Miscellaneous0.68%
Temporary0.16%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PIN invests in stocks. The fund's major sectors are Finance, with 25.99% stocks, and Technology Services, with 11.72% of the basket. The assets are mostly located in the Asia region.
PIN top holdings are HDFC Bank Limited and Reliance Industries Limited, occupying 7.68% and 6.73% of the portfolio correspondingly.
PIN last dividends amounted to 2.19 USD. The quarter before, the issuer paid 0.43 USD in dividends, which shows a 80.45% increase.
PIN assets under management is 230.08 M USD. It's fallen 1.24% over the last month.
PIN fund flows account for 802.30 K 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.
Yes, PIN pays dividends to its holders with the dividend yield of 0.40%. The last dividend (Dec 27, 2024) amounted to 2.19 USD. The dividends are paid quarterly.
PIN shares are issued by Invesco Ltd. under the brand Invesco. The ETF was launched on Mar 5, 2008, and its management style is Passive.
PIN expense ratio is 0.78% meaning you'd have to pay 0.78% of your investment to help manage the fund.
PIN follows the FTSE India Quality and Yield Select Index (Net). ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PIN invests in stocks.
PIN price has fallen by −1.39% over the last month, and its yearly performance shows a −9.65% decrease. See more dynamics on PIN price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.59% over the last month, showed a 9.10% increase in three-month performance and has decreased by −0.12% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.59% over the last month, showed a 9.10% increase in three-month performance and has decreased by −0.12% in a year.
PIN trades at a premium (0.11%) meaning the ETF is trading at a higher price than the calculated NAV.