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CNX Nifty India Index ETF - XID

ETF Overview

The fund seeks to provide long-term capital growth by replicating, to the extent possible, the performance of the CNX Nifty Index, net of expenses.

The investment strategy of XID is to invest primarily in shares of a U.S. iShares Fund (iShares India 50 ETF) that seeks investment results that correspond generally to the applicable index.

Additional Index Information

The CNX Nifty Index is an equity index drawn from securities listed on the National Stock Exchange of India ("NSE").

It includes 50 companies and represents approximately 60% of the market capitalization of the NSE.

The constituent issuers are large and liquid blue chip Indian companies, each with a minimum six-month average market capitalization of five billion Indian rupees.

The constituent issuers are free-float market capitalization weighted.

Key ETF Data

Category (main) India Equity - Large Cap
Underlying Index CNX Nifty Index
ETF Structure Passive type. Endeavours to return the Index return before fees/costs
Asset Class Equity - Large Cap
Region India
Issuer iShares Canada by Blackrock
ETF Home Page Available here
Fund Facts
Inception Date 21 Jan 2010
Total Holdings 1 (50) *
Distribution Frequency Semi-Annual
Leverage None
Significant Currency Exposure Yes
Currency Hedging No

* The US iShares India 50 ETF has 50 holdings (May 2013)

Management Fee 0.98%
Management Expense Ratio (MER) 0.99%
Trading Information
Ticker XID
Exchange TSX (Toronto Stock Exchange)
Currency CAD
DRIP available ** Yes
PACC Plan available ** No
SWP available ** No

* Always check eligibility with your plan operator as plans and accounts can differ

** Not all brokers can facilitate these plans. Check with your broker.

Current Price, Fund Performance, Yield, NAV, Charts etc

To view the TSX or Morningstar fund page for this ETF click on the Fund Data menu tab or below:

ETF at TMX ETF at Morningstar

iShares US: iShares India 50 ETF

iShares US includes a wealth of data on the iShares India 50 ETF, including: