Key Highlights

  • Betashares India Quality ETF (ASX:IIND) held a fund size of $176.22 million across 30 companies, having listed on the ASX on 6 August 2019.
  • Industrials is the largest sector at 20.66 per cent, ahead of consumer cyclical at 19.49 per cent, which is well above the category average of 5.56 per cent.
  • Hindustan Unilever is the top holding at 4.71 per cent, ahead of Mahindra & Mahindra and Suzlon Energy.
  • The fund's interim distribution of $0.040 per unit was in line with the $0.041 per unit paid in the prior comparable period.

Betashares India Quality ETF (ASX:IIND) is an ASX-listed fund that tracks the Solactive India Quality Select NR index, providing exposure to a selection of Indian companies. The fund was admitted to the ASX on 6 August 2019 and sits within the Equity World Other Morningstar category, with a fund size of $176.22 million, 17,657,382 units on issue and a management fee of 0.80 per cent.

Sector Composition

IIND's sector allocation departs notably from its broader category. Industrials represent the largest weighting at 20.66 per cent, above the category average of 13.89 per cent, closely followed by consumer cyclical at 19.49 per cent, more than three times the category's 5.56 per cent. Financial services accounts for 16.74 per cent, above the category average of 13.00 per cent, while technology makes up 16.66 per cent, below the category's 23.74 per cent. Consumer defensive contributes 9.40 per cent, notably above the category average of 6.35 per cent, and healthcare just 3.49 per cent, well below the category's 24.34 per cent. Energy, utilities, basic materials and communication services make up the remaining allocation.

By market capitalisation, companies above $1 billion account for 100.00 per cent of the fund, above the category average of 92.52 per cent. The asset mix is entirely equities, with no cash, bond or other exposure recorded.

Top Holdings

IIND holds 30 companies, with its top 10 positions representing 40.23 per cent of the fund and a Turnover ratio of 24.90 per cent. Hindustan Unilever is the largest holding at 4.71 per cent, followed by Mahindra & Mahindra at 4.19 per cent and Suzlon Energy at 4.17 per cent. GE Vernova T&D India holds a 4.13 per cent weighting, Bajaj Finance 3.94 per cent, Infosys 3.92 per cent, Tata Consultancy Services 3.92 per cent, BSE 3.88 per cent, Reliance Industries 3.68 per cent and NTPC 3.65 per cent.

Geographic Exposure

The fund's geographic exposure is entirely concentrated in India, at 100.00 per cent, well above the category average of 6.74 per cent, reflecting its single-country mandate.

Distribution and Risk Metrics

IIND reported a Beta of 1.38 and a Standard Deviation of 16.39. The fund's most recent distribution was an interim payment of $0.040 per unit, with an ex-date of 2 January 2026, producing an annual Yield of 0.83 per cent. This was broadly in line with the $0.041 per unit paid in July 2025, though considerably below the $0.374 per unit distributed in July 2024. The fund's ISIN is AU0000053126.

Conclusion

Betashares India Quality ETF (ASX:IIND) provides concentrated exposure to a selection of 30 Indian companies weighted toward industrials, consumer cyclical and financial services businesses. Its portfolio composition differs meaningfully from the broader Equity World Other category, and its most recent interim distribution was broadly steady compared with the previous comparable period.