Goldman Sachs India Equity ETF (GIND) Holdings
GIND holdings summary
as of Oct 23, 2026- Holdings
- 91 positions listed
- Top 10 weight
- 26.2% of net assets
- Effective holdings
- 48 equal-weight equivalent
- Largest holding
- ICICIBANK 5.68% ICICI Bank Limited
- Annual turnover
- — of the portfolio traded
Top 1026.2%
Top 2545.8%
Top 5063.9%
All GIND holdings
91 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | ICICIBANK | ICICI Bank Limited | Financial Services | 5.68% | $9.0M | — | — |
| 2 | HDFCBANK | HDFC Bank Limited | Financial Services | 3.43% | $5.4M | — | — |
| 3 | RELIANCE | Reliance Industries Limited | Energy | 2.99% | $4.8M | — | — |
| 4 | AXISBANK | Axis Bank Limited | Financial Services | 2.71% | $4.3M | — | — |
| 5 | M&M | Mahindra & Mahindra Limited | Consumer Cyclical | 2.42% | $3.9M | — | — |
| 6 | SUNPHARMA | Sun Pharmaceutical Industries Limited | Healthcare | 1.92% | $3.1M | — | — |
| 7 | ZOMATO | Zomato Limited | Consumer Cyclical | 1.92% | $3.0M | — | — |
| 8 | BHARTIARTL | Bharti Airtel Limited | Communication Services | 1.78% | $2.8M | — | — |
| 9 | SBIN | State Bank of India | Financial Services | 1.68% | $2.7M | — | — |
| 10 | TCS | Tata Consultancy Services Limited | Technology | 1.68% | $2.7M | — | — |
| 11 | JSWSTEEL | JSW Steel Limited | Basic Materials | 1.56% | $2.5M | — | — |
| 12 | DIVISLAB | Divi's Laboratories Limited | Healthcare | 1.51% | $2.4M | — | — |
| 13 | TVSMOTOR | TVS Motor Company Limited | Consumer Cyclical | 1.47% | $2.3M | — | — |
| 14 | APOLLOHOSP | Apollo Hospitals Enterprise Limited | Healthcare | 1.40% | $2.2M | — | — |
| 15 | NESTLEIND | Nestle India Limited | Consumer Defensive | 1.37% | $2.2M | — | — |
| 16 | MOTHERSUMI | Motherson Sumi Systems Limited | Consumer Cyclical | 1.35% | $2.1M | — | — |
| 17 | TMCV | Tata Motors Limited | Consumer Cyclical | 1.33% | $2.1M | — | — |
| 18 | GRASIM | Grasim Industries Limited | Basic Materials | 1.30% | $2.1M | — | — |
| 19 | HINDALCO | HINDALCO INDUSTRIES LTD. | Basic Materials | 1.28% | $2.0M | — | — |
| 20 | CTSH | Cognizant Technology Solutions Corporation | Technology | 1.28% | $2.0M | $29.74B | 14.2 |
| 21 | SBILIFE | SBI Life Insurance Company Limited | Financial Services | 1.26% | $2.0M | — | — |
| 22 | TATAGLOBAL | Tata Consumer Products Limited | Other | 1.23% | $2.0M | — | — |
| 23 | TORNTPHARM | Torrent Pharmaceuticals Limited | Healthcare | 1.12% | $1.8M | — | — |
| 24 | BEL | Bharat Electronics Limited | Industrials | 1.09% | $1.7M | — | — |
| 25 | NAVINFLUOR | Navin Fluorine International Limited | Basic Materials | 1.03% | $1.6M | — | — |
| 26 | ABCAPITAL | Aditya Birla Capital Limited | Financial Services | 0.99% | $1.6M | — | — |
| 27 | AUBANK | AU Small Finance Bank Limited | Financial Services | 0.92% | $1.5M | — | — |
| 28 | TRENT | Trent Limited | Consumer Cyclical | 0.89% | $1.4M | — | — |
| 29 | INOXINDIA | INOX India Limited | Industrials | 0.89% | $1.4M | — | — |
| 30 | DIXON | Dixon Technologies (India) Limited | Technology | 0.86% | $1.4M | — | — |
| 31 | KALYANKJIL | Kalyan Jewellers India Limited | Consumer Cyclical | 0.85% | $1.4M | — | — |
| 32 | GODREJPROP | Godrej Properties Limited | Real Estate | 0.82% | $1.3M | — | — |
| 33 | 360ONE | 360 ONE WAM LTD | Financial Services | 0.80% | $1.3M | — | — |
| 34 | BHEL | Bharat Heavy Electricals Limited | Industrials | 0.75% | $1.2M | — | — |
| 35 | AMBER | Amber Enterprises India Limited | Consumer Cyclical | 0.74% | $1.2M | — | — |
| 36 | APLAPOLLO | APL Apollo Tubes Limited | Basic Materials | 0.74% | $1.2M | — | — |
| 37 | HOMEFIRST | Home First Finance Company India Limited | Financial Services | 0.71% | $1.1M | — | — |
| 38 | SUZLON | Suzlon Energy Limited | Industrials | 0.69% | $1.1M | — | — |
| 39 | AKZOINDIA | Akzo Nobel India Limited | Basic Materials | 0.68% | $1.1M | — | — |
| 40 | GODREJCP | Godrej Consumer Products Limited | Consumer Defensive | 0.67% | $1.1M | — | — |
| 41 | COLPAL | Colgate Palmolive (India) Limited | Consumer Defensive | 0.67% | $1.1M | — | — |
| 42 | ADANIENT | Adani Enterprises Limited | Energy | 0.65% | $1.0M | — | — |
| 43 | TATAPOWER | TATA POWER CO.LTD. | Utilities | 0.65% | $1.0M | — | — |
| 44 | PRICOLLTD | Pricol Limited | Consumer Cyclical | 0.61% | $969,775.73 | — | — |
| 45 | SIEMENS | Siemens Limited | Industrials | 0.60% | $958,478.92 | — | — |
| 46 | TECHNOE | Techno Electric & Engineering Company Limited | Industrials | 0.60% | $952,114.52 | — | — |
| 47 | BAJAJFINSV | Bajaj Finserv Limited | Financial Services | 0.59% | $935,567.07 | — | — |
| 48 | RBLBANK | RBL Bank Limited | Financial Services | 0.58% | $925,065.81 | — | — |
| 49 | POLICYBZR | PB Fintech Limited | Financial Services | 0.57% | $913,291.66 | — | — |
| 50 | ASKAUTOLTD | ASK AUTOMOTIVE LIMITED | Consumer Cyclical | 0.56% | $892,925.58 | — | — |
| 51 | ACMESOLAR | ACME Solar Holdings Limited | Utilities | 0.56% | $888,311.39 | — | — |
| 52 | GRAVITA | Gravita India Limited | Industrials | 0.56% | $887,834.06 | — | — |
| 53 | PGIL | Pearl Global Industries Limited | Consumer Cyclical | 0.54% | $858,557.81 | — | — |
| 54 | LALPATHLAB | Dr. Lal Path Labs Ltd. | Healthcare | 0.53% | $839,623.71 | — | — |
| 55 | NHPC | NHPC Limited | Utilities | 0.52% | $821,007.84 | — | — |
| 56 | SJS | S.J.S. Enterprises Limited | Consumer Cyclical | 0.51% | $817,825.64 | — | — |
| 57 | PVR | PVR Limited | Consumer Cyclical | 0.47% | $744,157.69 | — | — |
| 58 | KEI | KEI Industries Limited | Industrials | 0.47% | $740,975.48 | — | — |
| 59 | CENTURYTEX | Century Textiles & Industries Limited | Basic Materials | 0.46% | $727,769.35 | — | — |
| 60 | BRIGADE | Brigade Enterprises Limited | Real Estate | 0.46% | $727,610.24 | — | — |
| 61 | TIINDIA | Tube Investments of India Limited | Industrials | 0.46% | $727,451.13 | — | — |
| 62 | MMYT | MakeMyTrip Limited | Consumer Cyclical | 0.42% | $668,580.41 | $4.38B | 233.0 |
| 63 | INDIASHLTR | INDIA SHELTER FINANCE CORPORATION LIMITED | Financial Services | 0.40% | $640,736.16 | — | — |
| 64 | JSL | Jindal Stainless Limited | Basic Materials | 0.40% | $640,258.83 | — | — |
| 65 | FIVESTAR | Five-Star Business Finance Ltd | Financial Services | 0.39% | $621,642.95 | — | — |
| 66 | GABRIEL | Gabriel India Limited | Consumer Cyclical | 0.37% | $586,956.96 | — | — |
| 67 | DIACABS | Diamond Power Infrastructure Limited | Industrials | 0.36% | $579,478.79 | — | — |
| 68 | NETWEB | Netweb Technologies India Limited | Technology | 0.35% | $552,589.19 | — | — |
| 69 | NEWGEN | Newgen Software Technologies Limited | Technology | 0.34% | $543,360.81 | — | — |
| 70 | ACI | Archean Chemical Industries Ltd | Basic Materials | 0.32% | $513,607.23 | — | — |
| 71 | WHIRLPOOL | WHIRLPOOL OF INDIA LTD. | Consumer Cyclical | 0.32% | $507,083.72 | — | — |
| 72 | NSE | National Stock Exchange of India Ltd | Other | 0.31% | $499,128.21 | — | — |
| 73 | METROBRAND | Metro Brands Limited | Consumer Cyclical | 0.30% | $483,058.10 | — | — |
| 74 | PRAJIND | Praj Industries Limited | Industrials | 0.30% | $473,988.83 | — | — |
| 75 | ICICIAMC | ICICI Prudential Asset Management Company Limited | Other | 0.30% | $470,965.74 | — | — |
| 76 | AFCONS | AFCONS INFRASTRUCTURE LTD | Industrials | 0.29% | $468,419.98 | — | — |
| 77 | DOMS | DOMS Industries Limited | Industrials | 0.29% | $460,941.80 | — | — |
| 78 | TWL | Titagarh Wagons Limited | Industrials | 0.29% | $458,873.37 | — | — |
| 79 | EUREKAFORBE | Eureka Forbes Ltd | Other | 0.27% | $427,210.47 | — | — |
| 80 | MEDIASSIST | MEDI ASSIST HEALTHCARE SERVICES LIMITED | Healthcare | 0.27% | $423,232.72 | — | — |
| 81 | TATVA | Tatva Chintan Pharma Chem Limited | Basic Materials | 0.26% | $416,709.21 | — | — |
| 82 | BIKAJI | Bikaji Foods International Ltd | Consumer Defensive | 0.25% | $393,160.92 | — | — |
| 83 | 542484 | Arvind Fashions Limited | Consumer Cyclical | 0.23% | $358,315.82 | — | — |
| 84 | AURIONPRO | Aurionpro Solutions Limited | Technology | 0.22% | $355,610.95 | — | — |
| 85 | CERA | Cera Sanitaryware Limited | Industrials | 0.22% | $347,496.34 | — | — |
| 86 | HONAUT | Honeywell Automation India Limited | Industrials | 0.22% | $344,155.03 | — | — |
| 87 | CMSINFO | CMS Info Systems Limited | Industrials | 0.21% | $328,244.02 | — | — |
| 88 | RSYSTEMS | R Systems International Limited | Technology | 0.17% | $263,327.13 | — | — |
| 89 | AWFIS | Awfis Space Solutions Ltd | Industrials | 0.14% | $222,913.17 | — | — |
| 90 | 542759 | Spandana Sphoorty Financial Ltd. | Financials | 0.12% | $189,818.28 | — | — |
| 91 | WABCOINDIA | WABCO India Limited | Consumer Cyclical | 0.06% | $96,420.69 | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($159.1M). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
GIND sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 20.7% | 14 | ICICIBANK, HDFCBANK, AXISBANK |
| Consumer Cyclical | 15.4% | 19 | M&M, ZOMATO, TVSMOTOR |
| Industrials | 8.4% | 18 | BEL, INOXINDIA, BHEL |
| Basic Materials | 8.0% | 10 | JSWSTEEL, GRASIM, HINDALCO |
| Healthcare | 6.8% | 6 | SUNPHARMA, DIVISLAB, APOLLOHOSP |
| Technology | 4.9% | 7 | TCS, CTSH, DIXON |
| Energy | 3.6% | 2 | RELIANCE, ADANIENT |
| Consumer Defensive | 3.0% | 4 | NESTLEIND, GODREJCP, COLPAL |
| Other | 2.1% | 4 | TATAGLOBAL, NSE, ICICIAMC |
| Communication Services | 1.8% | 1 | BHARTIARTL |
| Utilities | 1.7% | 3 | TATAPOWER, ACMESOLAR, NHPC |
| Real Estate | 1.3% | 2 | GODREJPROP, BRIGADE |
| Financials | 0.1% | 1 | 542759 |
Sum of the weights of the holdings in each sector.
GIND top industries
Banks - Regional
15.0%
Auto Manufacturers
5.2%
Drug Manufacturers - Specialty & Generic
4.6%
Auto Parts
3.5%
Specialty Industrial Machinery
3.3%
Information Technology Services
3.1%
Oil & Gas Refining & Marketing
3.0%
Steel
2.7%
Internet Retail
1.9%
Telecom Services
1.8%
Packaged Foods
1.6%
Financial Conglomerates
1.6%
Medical Care Facilities
1.4%
Chemicals
1.3%
Household & Personal Products
1.3%
GIND overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 1.5% | 78 of 8,035 | 0.05% |
| SPY | SPDR S&P 500 ETF | 0.0% | 1 of 502 | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 0.0% | 2 of 2,941 | 0.03% |
| QQQ | Invesco QQQ ETF | 0.0% | 0 of 101 | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.0% | 0 of 1,962 | 0.19% |
| DIA | SPDR Dow Jones Industrial Average ETF | 0.0% | 0 of 30 | 0.16% |
Overlap = sum over shared holdings of the smaller of the two weights. 100% means identical portfolios.
About the GIND portfolio
Goldman Sachs India Equity ETF holds 91 positions. The ten largest make up 26.2% of the fund and the top 50 63.9%, so it behaves like a portfolio of about 48 equally weighted positions. The biggest positions are ICICI Bank Limited (5.68%), HDFC Bank Limited (3.43%), Reliance Industries Limited (2.99%), Axis Bank Limited (2.71%), Mahindra & Mahindra Limited (2.42%).
By sector, Financial Services is 20.7%, Consumer Cyclical is 15.4%, Industrials is 8.4%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 23, 2026; positions change as the fund rebalances.
Related: GIND chart, GIND performance, GIND dividends, GIND overview.
GIND holdings FAQ
How many holdings does GIND have?
GIND holds 91 positions as of October 23, 2026.
What are the top 10 holdings of GIND?
The ten largest holdings are ICICI Bank Limited (5.68%), HDFC Bank Limited (3.43%), Reliance Industries Limited (2.99%), Axis Bank Limited (2.71%), Mahindra & Mahindra Limited (2.42%), Sun Pharmaceutical Industries Limited (1.92%), Zomato Limited (1.92%), Bharti Airtel Limited (1.78%), State Bank of India (1.68%), Tata Consultancy Services Limited (1.68%). Together they are 26.2% of the fund.
What percentage of GIND is ICICI Bank Limited?
ICICI Bank Limited is the largest holding at 5.68% of net assets, about $9.0M of the fund's $159.1M.
Which sector is the largest in GIND?
Financial Services is the largest sector at 20.7%, followed by Consumer Cyclical (15.4%) and Industrials (8.4%), based on the sectors of the individual holdings.
How concentrated is GIND?
The top 10 holdings are 26.2% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) GIND behaves like a portfolio of about 48 equally weighted positions.