iShares India 50 ETF Price & Performance (INDY)

A significant outflow of foreign institutional investors from Indian equities has contributed to recent volatility in ETFs tracking the Indian market. In the first months of 2025, billions were withdrawn as investors shifted focus to China’s recovering markets, leading to an 8% drop in the Nifty 50 and affecting related ETFs.12

Despite a recent pullback, the iShares MSCI India ETF (INDA) remains a favored choice for exposure to India’s growth story. The ETF trades near $52.85, with analysts highlighting technical support levels and renewed optimism for India’s post-election economic prospects, underpinned by demographic trends and foreign investor interest.23

The iShares India 50 ETF (INDY) continues to be dominated by heavyweight Indian companies, with HDFC Bank, ICICI Bank, and Reliance Industries leading its portfolio. This concentration underscores the ETF’s focus on India’s largest sectors and signals the ongoing importance of financials and energy in the country’s equity landscape.45