Key stats
About INVESCO INDIA ETF
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Inception date
Mar 5, 2008
Structure
Open-Ended Fund
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
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Related funds
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.
PIN net asset value is 504.76 today — it's risen 3.41% 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.
PIN assets under management is 4.46 B MXN. 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.
PIN price has risen by 4.14% over the last month, and its yearly performance shows a 4.14% increase. See more dynamics on PIN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.41% over the last month, showed a 6.15% increase in three-month performance and has increased by 33.37% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.41% over the last month, showed a 6.15% increase in three-month performance and has increased by 33.37% in a year.
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.
PIN invests in stocks. See more details in our Analysis section.
PIN expense ratio is 0.78%. 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, PIN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, PIN pays dividends to its holders with the dividend yield of 0.40%.
PIN trades at a premium (1.92%).
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.
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.
PIN shares are issued by Invesco Ltd.
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.
The fund started trading on Mar 5, 2008.
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.