Key Highlights

  • The fund is actively managed and holds 58 companies, with India accounting for 94.35 percent of the portfolio.
  • Financial services make up 33.91 percent of the fund, compared with 13.31 percent for the category.
  • Technology is 9.68 percent of the portfolio, below the category figure of 23.67 percent.
  • Management fees and costs are 1.20 percent, and the listing shows an annual Yield of 0.07 percent.

The Fidelity India Active ETF (ASX:FIIN) is an actively managed fund that invests in companies located in India, as well as companies elsewhere that derive a significant proportion of their Earnings from the country. On 3 November 2026 the units were quoted at $7.72, up about 1.4 percent from a previous close of $7.61, within a day range of $7.68 to $7.72. The fund was admitted on 31 May 2024 and is categorised under Equity World Other.

Fund detail

Information

Ticker

ASX:FIIN

Benchmark

MSCI India NR USD

Category

Equity World Other

Admitted

31 May 2024

Management fees and costs

1.20%

Annual yield

0.07%

Last price (3 November 2026)

$7.72

Total fund holdings

58 companies

ISIN

AU0000333916

Active approach and mandate

Fidelity describes its approach as in-house, bottom-up research, based on the view that markets are semi-efficient and that share prices do not always reflect inherent value. The fund aims to uncover the opportunities that offer the greatest scope for outperformance.

Management fees and costs are 1.20 percent, and cash accounts for 1.92 percent of the portfolio, with the remaining 98.08 percent in shares.

Country and sector exposure

India accounts for 94.35 percent of the portfolio, while the United States makes up 5.65 percent, compared with a category weighting of 44.52 percent for US holdings. Financial services is the largest sector at 33.91 percent, against 13.31 percent for the category.

Consumer cyclical stocks account for 19.43 percent and healthcare for 17.65 percent. Technology is 9.68 percent, well below the category figure of 23.67 percent, while industrials (8.50 percent) and consumer defensive (2.70 percent) carry smaller weights. The listing shows 97.05 percent of the portfolio in companies above one billion dollars in market capitalisation.

Leading holdings

Cognizant Technology Solutions is the largest holding at 5.54 percent, followed by ICICI Bank at 5.27 percent through its US listing and 4.41 percent through its local listing. Together those two ICICI Bank lines make up 9.68 percent of the fund. Bajaj Finance (4.08 percent), Kotak Mahindra Bank (3.89 percent), Sun Pharmaceuticals (3.58 percent) and Fortis Healthcare (2.83 percent) follow.

Apollo Hospitals (2.82 percent), Cholamandalam (2.72 percent) and HDFC Bank (2.59 percent) complete the top ten, which account for 37.77 percent of the fund. Fidelity published its monthly portfolio holding update for 30 September 2026 on 3 November 2026.

Final Word

The fund reflects an active stock selection approach with a financial services tilt, a healthcare allocation that sits below its category share and a technology weighting below the category average. Readers may find the fee level and the small cash position the most relevant figures when reviewing the fund's disclosure documents.