iShares MSCI India ETF (INDA) Holdings
INDA holdings summary
as of Oct 25, 2026- Holdings
- 165 positions listed
- Top 10 weight
- 34.3% of net assets
- Effective holdings
- 53 equal-weight equivalent
- Largest holding
- HDFCBANK 6.17% HDFC Bank Limited
- Annual turnover
- 17.9% of the portfolio traded
Top 1034.3%
Top 2551.0%
Top 5066.5%
Top 10085.9%
All INDA holdings
165 holdings
| # | Name | ||||||
|---|---|---|---|---|---|---|---|
| 1 | HDFCBANK | HDFC Bank Limited | Financial Services | 6.17% | $351.5M | — | — |
| 2 | ICICIBANK | ICICI Bank Limited | Financial Services | 5.99% | $341.6M | — | — |
| 3 | RELIANCE | Reliance Industries Limited | Energy | 5.22% | $297.6M | — | — |
| 4 | BHARTIARTL | Bharti Airtel Limited | Communication Services | 4.12% | $235.0M | — | — |
| 5 | INFY | Infosys Limited | Technology | 2.70% | $154.0M | — | — |
| 6 | AXISBANK | Axis Bank Limited | Financial Services | 2.18% | $124.2M | — | — |
| 7 | LT | Larsen & Toubro Limited | Industrials | 2.02% | $115.2M | — | — |
| 8 | BAJFINANCE | Bajaj Finance Limited | Financial Services | 1.97% | $112.4M | — | — |
| 9 | KOTAKBANK | Kotak Mahindra Bank Limited | Financial Services | 1.96% | $111.5M | — | — |
| 10 | M&M | Mahindra & Mahindra Limited | Consumer Cyclical | 1.95% | $110.9M | — | — |
| 11 | TCS | Tata Consultancy Services Limited | Technology | 1.61% | $91.7M | — | — |
| 12 | SBIN | State Bank of India | Financial Services | 1.37% | $78.0M | — | — |
| 13 | SUNPHARMA | Sun Pharmaceutical Industries Limited | Healthcare | 1.25% | $71.2M | — | — |
| 14 | ETERNAL | Eternal Limited | Consumer Cyclical | 1.23% | $69.9M | — | — |
| 15 | TITAN | Titan Company Limited | Consumer Cyclical | 1.22% | $69.4M | — | — |
| 16 | MARUTI | Maruti Suzuki India Limited | Consumer Cyclical | 1.09% | $62.2M | — | — |
| 17 | HINDUNILVR | Hindustan Unilever Limited | Consumer Defensive | 1.09% | $61.9M | — | — |
| 18 | NTPC | NTPC Limited | Utilities | 1.08% | $61.5M | — | — |
| 19 | HCLTECH | HCL Technologies Limited | Technology | 1.04% | $59.1M | — | — |
| 20 | SHFL | SHRIRAM FINANCE LTD | Other | 1.02% | $58.4M | — | — |
| 21 | TATASTEEL | Tata Steel Limited | Basic Materials | 1.00% | $56.9M | — | — |
| 22 | BEL | Bharat Electronics Limited | Industrials | 0.99% | $56.5M | — | — |
| 23 | ULTRACEMCO | UltraTech Cement Limited | Basic Materials | 0.95% | $53.9M | — | — |
| 24 | HINDALCO | Hindalco Industries Limited | Basic Materials | 0.91% | $51.8M | — | — |
| 25 | DIVISLAB | Divi's Laboratories Limited | Healthcare | 0.86% | $48.8M | — | — |
| 26 | ADANIPORTS | Adani Ports and Special Economic Zone Limited | Industrials | 0.81% | $46.4M | — | — |
| 27 | POWERGRID | Power Grid Corporation of India Limited | Utilities | 0.80% | $45.9M | — | — |
| 28 | TECHM | Tech Mahindra Limited | Technology | 0.80% | $45.6M | — | — |
| 29 | EICHERMOT | Eicher Motors Limited | Consumer Cyclical | 0.78% | $44.4M | — | — |
| 30 | TVSMOTOR | TVS Motor Company Limited | Consumer Cyclical | 0.74% | $42.3M | — | — |
| 31 | INDIGO | InterGlobe Aviation Limited | Industrials | 0.72% | $41.2M | — | — |
| 32 | ASIANPAINT | Asian Paints Limited | Basic Materials | 0.71% | $40.2M | — | — |
| 33 | HAL | Hindustan Aeronautics Limited | Industrials | 0.68% | $38.6M | — | — |
| 34 | SBILIFE | SBI Life Insurance Company Limited | Financial Services | 0.62% | $35.3M | — | — |
| 35 | TRENT | Trent Limited | Consumer Cyclical | 0.62% | $35.1M | — | — |
| 36 | TMCV | Tata Motors Limited | Consumer Cyclical | 0.62% | $35.1M | — | — |
| 37 | GRASIM | Grasim Industries Limited | Basic Materials | 0.61% | $35.0M | — | — |
| 38 | APOLLOHOSP | Apollo Hospitals Enterprise Limited | Healthcare | 0.61% | $35.0M | — | — |
| 39 | ITC | ITC Limited | Consumer Defensive | 0.60% | $34.0M | — | — |
| 40 | NESTLEIND | Nestle India Limited | Consumer Defensive | 0.57% | $32.5M | — | — |
| 41 | JSWSTEEL | JSW Steel Limited | Basic Materials | 0.57% | $32.5M | — | — |
| 42 | LAURUSLABS | Laurus Labs Limited | Healthcare | 0.54% | $30.7M | — | — |
| 43 | CHOLAFIN | Cholamandalam Investment and Finance Company Limited | Financial Services | 0.53% | $30.3M | — | — |
| 44 | BAJAJ | BAJAJ AUTO LTD | Other | 0.53% | $30.1M | — | — |
| 45 | CIPLA | Cipla Limited | Healthcare | 0.53% | $30.0M | — | — |
| 46 | BAJAJFINSV | Bajaj Finserv Limited | Financial Services | 0.52% | $29.8M | — | — |
| 47 | INDHOTEL | The Indian Hotels Company Limited | Consumer Cyclical | 0.52% | $29.8M | — | — |
| 48 | MOTHERSON | Samvardhana Motherson International Limited | Consumer Cyclical | 0.52% | $29.7M | — | — |
| 49 | DRREDDY | Dr. Reddy's Laboratories Limited | Healthcare | 0.51% | $29.3M | — | — |
| 50 | BSE | BSE Limited | Financial Services | 0.51% | $29.3M | — | — |
| 51 | PAYTM | One 97 Communications Limited | Technology | 0.51% | $28.9M | — | — |
| 52 | TORNTPHARM | Torrent Pharmaceuticals Limited | Healthcare | 0.50% | $28.7M | — | — |
| 53 | ADANIENT | Adani Enterprises Limited | Energy | 0.50% | $28.7M | — | — |
| 54 | ADANIPOWER | Adani Power Limited | Utilities | 0.49% | $28.2M | — | — |
| 55 | FEDERALBNK | The Federal Bank Limited | Financial Services | 0.49% | $27.8M | — | — |
| 56 | COALINDIA | Coal India Limited | Energy | 0.48% | $27.6M | — | — |
| 57 | PERSISTENT | Persistent Systems Limited | Technology | 0.48% | $27.6M | — | — |
| 58 | HEROMOTOCO | Hero MotoCorp Limited | Consumer Cyclical | 0.48% | $27.3M | — | — |
| 59 | ONGC | Oil & Natural Gas Corporation Limited | Energy | 0.48% | $27.3M | — | — |
| 60 | MAXHEALTH | Max Healthcare Institute Limited | Healthcare | 0.47% | $26.9M | — | — |
| 61 | CUMMINSIND | Cummins India Limited | Industrials | 0.46% | $26.1M | — | — |
| 62 | JIOFIN | JIO Financial Services Ltd | Financial Services | 0.45% | $25.7M | — | — |
| 63 | AUBANK | AU Small Finance Bank Limited | Financial Services | 0.44% | $25.0M | — | — |
| 64 | VBL | Varun Beverages Limited | Consumer Defensive | 0.42% | $24.1M | — | — |
| 65 | TATAPOWER | Tata Power Company Limited | Utilities | 0.42% | $23.8M | — | — |
| 66 | CGPOWER | CG Power and Industrial Solutions Limited | Industrials | 0.41% | $23.6M | — | — |
| 67 | TATACONSUM | TATA CONSUMER PRODUCTS LIMITED | Consumer Defensive | 0.41% | $23.4M | — | — |
| 68 | INDUSINDBK | IndusInd Bank Limited | Financial Services | 0.41% | $23.1M | — | — |
| 69 | INDUSTOWER | Indus Towers Limited | Communication Services | 0.40% | $22.9M | — | — |
| 70 | TMPV | Tata Motors Passenger Vehicles Limited | Consumer Cyclical | 0.40% | $22.8M | — | — |
| 71 | HDFCLIFE | HDFC Life Insurance Company Limited | Financial Services | 0.40% | $22.6M | — | — |
| 72 | BPCL | Bharat Petroleum Corporation Limited | Energy | 0.39% | $22.4M | — | — |
| 73 | BRITANNIA | Britannia Industries Limited | Consumer Defensive | 0.39% | $21.9M | — | — |
| 74 | VAML | VEDANTA ALUMINIUM METAL LTD | Basic Materials | 0.38% | $21.9M | — | — |
| 75 | GVT&D | GE Vernova T&D India Limited | Industrials | 0.38% | $21.8M | — | — |
| 76 | BHEL | Bharat Heavy Electricals Limited | Industrials | 0.37% | $21.1M | — | — |
| 77 | DMART | Avenue Supermarts Limited | Consumer Defensive | 0.37% | $21.1M | — | — |
| 78 | WIPRO | Wipro Limited | Technology | 0.37% | $21.1M | — | — |
| 79 | HDFCAMC | HDFC Asset Management Company Limited | Financial Services | 0.37% | $21.0M | — | — |
| 80 | PFC | Power Finance Corporation Limited | Financial Services | 0.36% | $20.6M | — | — |
| 81 | LUPIN | Lupin Limited | Healthcare | 0.34% | $19.5M | — | — |
| 82 | SOLARINDS | Solar Industries India Limited | Basic Materials | 0.34% | $19.4M | — | — |
| 83 | ASHOKLEY | Ashok Leyland Limited | Industrials | 0.34% | $19.2M | — | — |
| 84 | MARICO | Marico Limited | Consumer Defensive | 0.34% | $19.2M | — | — |
| 85 | ICICIGI | ICICI Lombard General Insurance Company Limited | Financial Services | 0.33% | $19.1M | — | — |
| 86 | PIDILITIND | Pidilite Industries Limited | Basic Materials | 0.33% | $19.0M | — | — |
| 87 | AUROPHARMA | Aurobindo Pharma Limited | Healthcare | 0.33% | $18.8M | — | — |
| 88 | DIXON | Dixon Technologies (India) Limited | Technology | 0.33% | $18.7M | — | — |
| 89 | BHARATFORG | Bharat Forge Limited | Industrials | 0.32% | $18.5M | — | — |
| 90 | NAUKRI | Info Edge (India) Limited | Communication Services | 0.32% | $18.4M | — | — |
| 91 | NYKAA | FSN E-Commerce Ventures Limited | Consumer Cyclical | 0.32% | $18.3M | — | — |
| 92 | LENSKART | Lenskart Solutions Ltd | Healthcare | 0.32% | $18.3M | — | — |
| 93 | DLF | DLF Limited | Real Estate | 0.31% | $17.9M | — | — |
| 94 | POLYCAB | Polycab India Limited | Industrials | 0.31% | $17.6M | — | — |
| 95 | SUZLON | Suzlon Energy Limited | Industrials | 0.31% | $17.5M | — | — |
| 96 | APLAPOLLO | APL Apollo Tubes Limited | Basic Materials | 0.30% | $17.3M | — | — |
| 97 | JINDALSTEL | Jindal Steel & Power Limited | Basic Materials | 0.30% | $17.3M | — | — |
| 98 | IOC | Indian Oil Corporation Limited | Energy | 0.30% | $17.3M | — | — |
| 99 | POLICYBZR | PB Fintech Limited | Financial Services | 0.30% | $17.2M | — | — |
| 100 | GAIL | GAIL (India) Limited | Utilities | 0.30% | $16.9M | — | — |
| 101 | 534091 | Multi Commodity Exchange of India Limited | Other | 0.29% | $16.8M | — | — |
| 102 | UNITDSPR | United Spirits Limited | Consumer Defensive | 0.29% | $16.8M | — | — |
| 103 | RECLTD | REC Limited | Financial Services | 0.29% | $16.5M | — | — |
| 104 | PHOENIXLTD | The Phoenix Mills Limited | Real Estate | 0.28% | $16.0M | — | — |
| 105 | FORTIS | Fortis Healthcare Limited | Healthcare | 0.28% | $16.0M | — | — |
| 106 | VEDL | Vedanta Limited | Basic Materials | 0.27% | $15.4M | — | — |
| 107 | SRF | SRF Limited | Industrials | 0.26% | $14.9M | — | — |
| 108 | POWERINDIA | Hitachi Energy India Limited | Industrials | 0.26% | $14.7M | — | — |
| 109 | GODREJCP | Godrej Consumer Products Limited | Consumer Defensive | 0.26% | $14.6M | — | — |
| 110 | HINDPETRO | Hindustan Petroleum Corporation Limited | Energy | 0.26% | $14.6M | — | — |
| 111 | IDFCFIRSTB | IDFC First Bank Limited | Financial Services | 0.25% | $14.4M | — | — |
| 112 | BAJAJHLDNG | Bajaj Holdings & Investment Limited | Financial Services | 0.25% | $14.3M | — | — |
| 113 | ABB | ABB India Limited | Industrials | 0.24% | $13.9M | — | — |
| 114 | MPHASIS | MphasiS Limited | Technology | 0.24% | $13.8M | — | — |
| 115 | IDEA | Vodafone Idea Limited | Communication Services | 0.23% | $13.1M | — | — |
| 116 | BOSCHLTD | Bosch Limited | Consumer Cyclical | 0.23% | $13.1M | — | — |
| 117 | GROWW | Billionbrains Garage Ventures Ltd | Financial Services | 0.22% | $12.6M | — | — |
| 118 | ADANIENSOL | Adani Energy Solutions Limited | Utilities | 0.22% | $12.5M | — | — |
| 119 | PNB | Punjab National Bank | Financial Services | 0.21% | $12.2M | — | — |
| 120 | LODHA | Macrotech Developers Limited | Real Estate | 0.21% | $12.2M | — | — |
| 121 | MRF | MRF Limited | Consumer Cyclical | 0.21% | $12.2M | — | — |
| 122 | UNIONBANK | Union Bank of India | Financial Services | 0.21% | $12.1M | — | — |
| 123 | MUTHOOTFIN | Muthoot Finance Limited | Financial Services | 0.21% | $12.1M | — | — |
| 124 | ABCAPITAL | Aditya Birla Capital Limited | Financial Services | 0.21% | $12.1M | — | — |
| 125 | UPL | UPL Limited | Basic Materials | 0.21% | $12.1M | — | — |
| 126 | SIEMENS | Siemens Limited | Industrials | 0.21% | $12.1M | — | — |
| 127 | LTM | LTIMindtree Limited | Technology | 0.21% | $12.0M | — | — |
| 128 | SUNDARMFIN | Sundaram Finance Limited | Financial Services | 0.21% | $12.0M | — | — |
| 129 | GMRAIRPORT | GMR Airports Limited | Industrials | 0.21% | $11.9M | — | — |
| 130 | NATIONALUM | National Aluminium Company Limited | Basic Materials | 0.21% | $11.8M | — | — |
| 131 | PRESTIGE | Prestige Estates Projects Limited | Real Estate | 0.20% | $11.5M | — | — |
| 132 | YESBANK | Yes Bank Limited | Financial Services | 0.20% | $11.3M | — | — |
| 133 | NHPC | NHPC Limited | Utilities | 0.20% | $11.2M | — | — |
| 134 | BANKBARODA | Bank of Baroda | Financial Services | 0.20% | $11.1M | — | — |
| 135 | MANKIND | Mankind Pharma Ltd | Healthcare | 0.20% | $11.1M | — | — |
| 136 | ENRIN | Siemens Energy India Limited | Utilities | 0.19% | $11.0M | — | — |
| 137 | INDIANB | Indian Bank | Financial Services | 0.19% | $10.9M | — | — |
| 138 | 532483 | CANARA BANK LTD | Other | 0.18% | $10.5M | — | — |
| 139 | HAVELLS | Havells India Limited | Industrials | 0.18% | $10.5M | — | — |
| 140 | PETRONET | Petronet LNG Limited | Energy | 0.18% | $10.4M | — | — |
| 141 | AMBUJACEM | Ambuja Cements Limited | Basic Materials | 0.18% | $10.2M | — | — |
| 142 | TIINDIA | Tube Investments of India Limited | Industrials | 0.18% | $10.1M | — | — |
| 143 | GODREJPROP | Godrej Properties Limited | Real Estate | 0.18% | $10.0M | — | — |
| 144 | TORNTPOWER | Torrent Power Limited | Utilities | 0.18% | $10.0M | — | — |
| 145 | NMDC | NMDC Limited | Basic Materials | 0.18% | $10.0M | — | — |
| 146 | SUPREMEIND | Supreme Industries Limited | Industrials | 0.18% | $10.0M | — | — |
| 147 | OFSS | Oracle Financial Services Software Limited | Technology | 0.17% | $9.8M | — | — |
| 148 | JSWENERGY | JSW Energy Limited | Utilities | 0.17% | $9.8M | — | — |
| 149 | ZYDUSLIFE | Zydus Lifesciences Limited | Healthcare | 0.17% | $9.8M | — | — |
| 150 | VMM | Vishal Mega Mart Ord Shs | Consumer Cyclical | 0.17% | $9.6M | — | — |
| 151 | PAGEIND | Page Industries Limited | Consumer Cyclical | 0.17% | $9.4M | — | — |
| 152 | JSL | Jindal Stainless Limited | Basic Materials | 0.16% | $9.4M | — | — |
| 153 | ALKEM | Alkem Laboratories Limited | Healthcare | 0.16% | $9.3M | — | — |
| 154 | COROMANDEL | Coromandel International Limited | Basic Materials | 0.16% | $9.3M | — | — |
| 155 | WAAREEENER | Waaree Energies Limited | Technology | 0.16% | $8.9M | — | — |
| 156 | LTF | L&T Finance Limited | Financial Services | 0.16% | $8.9M | — | — |
| 157 | COLPAL | Colgate Palmolive (India) Limited | Consumer Defensive | 0.15% | $8.8M | — | — |
| 158 | VOLTAS | Voltas Limited | Consumer Cyclical | 0.15% | $8.6M | — | — |
| 159 | TATACOMM | Tata Communications Limited | Communication Services | 0.15% | $8.5M | — | — |
| 160 | OBEROIRLTY | Oberoi Realty Limited | Real Estate | 0.15% | $8.4M | — | — |
| 161 | OIL | Oil India Limited | Energy | 0.14% | $8.1M | — | — |
| 162 | SHREECEM | SHREE CEMENT LIMITED | Basic Materials | 0.14% | $8.1M | — | — |
| 163 | DABUR | Dabur India Limited | Consumer Defensive | 0.13% | $7.2M | — | — |
| 164 | ICICILIFE | ICICI LIFE INSURANCE LTD | Other | 0.12% | $6.9M | — | — |
| 165 | PIIND | PI Industries Limited | Basic Materials | 0.11% | $6.4M | — | — |
Weights as a percentage of net assets. Value held = weight × net assets ($5.70B). Market cap and P/E from each company's latest fundamentals (U.S.-listed stocks).
INDA sector breakdown
| Sector | Weight | Holdings | Largest |
|---|---|---|---|
| Financial Services | 28.2% | 32 | HDFCBANK, ICICIBANK, AXISBANK |
| Consumer Cyclical | 11.4% | 18 | M&M, ETERNAL, TITAN |
| Industrials | 9.9% | 21 | LT, BEL, ADANIPORTS |
| Technology | 8.6% | 12 | INFY, TCS, HCLTECH |
| Basic Materials | 8.0% | 20 | TATASTEEL, ULTRACEMCO, HINDALCO |
| Energy | 8.0% | 9 | RELIANCE, ADANIENT, COALINDIA |
| Healthcare | 7.1% | 15 | SUNPHARMA, DIVISLAB, APOLLOHOSP |
| Communication Services | 5.2% | 5 | BHARTIARTL, INDUSTOWER, NAUKRI |
| Consumer Defensive | 5.0% | 12 | HINDUNILVR, ITC, NESTLEIND |
| Utilities | 4.0% | 10 | NTPC, POWERGRID, ADANIPOWER |
| Other | 2.2% | 5 | SHFL, BAJAJ, 534091 |
| Real Estate | 1.3% | 6 | DLF, PHOENIXLTD, LODHA |
Sum of the weights of the holdings in each sector.
INDA top industries
Banks - Regional
20.3%
Information Technology Services
7.5%
Oil & Gas Refining & Marketing
6.4%
Auto Manufacturers
6.1%
Drug Manufacturers - Specialty & Generic
5.4%
Telecom Services
4.9%
Credit Services
3.7%
Steel
2.5%
Engineering & Construction
2.0%
Specialty Industrial Machinery
2.0%
Household & Personal Products
2.0%
Utilities - Regulated Electric
1.9%
Building Materials
1.9%
Aerospace & Defense
1.7%
Internet Retail
1.5%
INDA overlap with other ETFs
| ETF | Fund | Overlap | Shared holdings | Expense ratio |
|---|---|---|---|---|
| VXUS | Vanguard Total International Stock ETF | 2.7% | 140 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% | 1 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 INDA portfolio
iShares MSCI India ETF holds 165 positions. The ten largest make up 34.3% of the fund and the top 50 66.5%, so it behaves like a portfolio of about 53 equally weighted positions. The biggest positions are HDFC Bank Limited (6.17%), ICICI Bank Limited (5.99%), Reliance Industries Limited (5.22%), Bharti Airtel Limited (4.12%), Infosys Limited (2.70%).
By sector, Financial Services is 28.2%, Consumer Cyclical is 11.4%, Industrials is 9.9%. Holdings data is from the fund's latest portfolio as reported by EODHD on October 25, 2026; positions change as the fund rebalances.
Related: INDA chart, INDA performance, INDA overview.
INDA holdings FAQ
How many holdings does INDA have?
INDA holds 165 positions as of October 25, 2026.
What are the top 10 holdings of INDA?
The ten largest holdings are HDFC Bank Limited (6.17%), ICICI Bank Limited (5.99%), Reliance Industries Limited (5.22%), Bharti Airtel Limited (4.12%), Infosys Limited (2.70%), Axis Bank Limited (2.18%), Larsen & Toubro Limited (2.02%), Bajaj Finance Limited (1.97%), Kotak Mahindra Bank Limited (1.96%), Mahindra & Mahindra Limited (1.95%). Together they are 34.3% of the fund.
What percentage of INDA is HDFC Bank Limited?
HDFC Bank Limited is the largest holding at 6.17% of net assets, about $351.5M of the fund's $5.70B.
Which sector is the largest in INDA?
Financial Services is the largest sector at 28.2%, followed by Consumer Cyclical (11.4%) and Industrials (9.9%), based on the sectors of the individual holdings.
How concentrated is INDA?
The top 10 holdings are 34.3% of the fund. By the effective number of holdings (1 divided by the sum of squared weights) INDA behaves like a portfolio of about 53 equally weighted positions.