Global X India Nifty 50 ETF (ASX:NDIA): Bank Holdings Lead the Indian Equity Mix

Sonal Goyal

02 October 2026 12:26 PM AEST

Global X India Nifty 50 ETF (ASX:NDIA): Bank Holdings Lead the Indian Equity Mix

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Key Highlights

The portfolio reports financial services exposure of 36.47%.
The leading disclosed holding entry is HDFC Bank Ltd at 9.79%.
The reported management fee is 0.69%.
The final distribution record lists AUD 1.277 per unit.

Global X India Nifty 50 ETF (ASX:NDIA) is identified as an India Nifty 50 ETF and its reported geographic allocation is entirely to India. The supplied portfolio record lists 51 companies and shows financial services as the largest sector allocation.

Investment Mandate

The holding-count field is a reported portfolio figure and should be distinguished from the number appearing in the product’s name. The record does not explain the difference. Its holdings nevertheless provide a detailed picture of exposure to banks, energy, telecommunications, industrials and technology.

Sector Composition

The largest reported sector weights are financial services at 36.47%, consumer cyclical at 12.00% and energy at 10.27%. Technology represents 8.48%, Industrials represents 7.78% and Basic Materials represents 7.30%. These figures describe the sector allocation in the supplied portfolio record.

Financial Services represents 36.47% of the fund, above the category figure of 13.54%; Utilities represents 2.49% of the fund, above the category figure of 1.13%. These comparisons are differences between the fund and its category, rather than increases or declines over time. The record does not provide a dated sequence of sector weights from which an allocation trend could be established.

Geographic and Asset Allocation

The geographic table assigns 100.00% to India. No additional geographic allocation is reported in that table. The asset-class record lists 99.43% in stocks and 0.57% in cash, with 0.00% in bonds. Geographic and asset-class percentages describe different aspects of the portfolio and should be read separately.

Leading Holdings

The leading disclosed holding entries are HDFC Bank Ltd at 9.79%, ICICI Bank Ltd at 9.39% and Reliance Industries Ltd at 7.78%. Each percentage is the reported weight of the individual holding, rather than a measure of its earnings or share-price movement.

Other disclosed positions include Bharti Airtel Ltd at 4.97%, Larsen & Toubro Ltd at 4.27%, State Bank of India at 3.95% and Infosys Ltd at 3.58%. The reported total holding count is 51 companies. The selected entries describe part of that portfolio and do not exhaust the remaining holdings.

Management Fee and Distribution

The reported management fee is 0.69%. The distribution record identifies a final distribution amount of AUD 1.277 per unit, with an ex-distribution date of 02 Jul 2026, a record date of 03 Jul 2026 and a payment date of 16 Jul 2026. The amount relates to the specified distribution and does not establish the size of subsequent payments. The fee and distribution are separate financial fields and should not be treated as interchangeable measures.

Key Takeaways

Global X India Nifty 50 ETF (ASX:NDIA) combines its stated investment framework with reported exposure to financial services. The holdings and allocation fields describe the portfolio’s composition, while the 0.69% management fee and final distribution record provide separate cost and payment details. These records do not establish changes in company earnings or guarantee future distributions.

FAQs

Q: What is the ASX ticker for Global X India Nifty 50 ETF?

A: The fund trades under the ticker NDIA, written as Global X India Nifty 50 ETF (ASX:NDIA).

Q: What investment approach does the fund describe?

A: The fund is identified as an India Nifty 50 ETF and its reported geographic allocation is entirely to India.

Q: What is the reported management fee?

A: The management fee is reported as 0.69%.

Q: Which holdings lead the disclosed list?

A: HDFC Bank Ltd at 9.79% and ICICI Bank Ltd at 9.39% are the first two entries.

Q: What distribution amount is recorded?

A: The final distribution amount is recorded as AUD 1.277 per unit, with payment dated 16 Jul 2026.

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