Key Highlights

  • The fund tracks the NSE Nifty 50 Index, with management fees and costs of 0.69 percent.
  • Financial services make up 37.45 percent of the portfolio, compared with 13.31 percent for the category.
  • HDFC Bank is the largest holding at 10.31 percent of the fund.
  • The units rose 2.75 percent to $60.37 on 3 November 2026, according to the listing.

The Global X India Nifty 50 ETF (ASX:NDIA) seeks to track the NSE Nifty 50 Index, which covers large companies listed on the National Stock Exchange of India. On 3 November 2026 the units rose $1.62, or 2.75 percent, to $60.37 from a previous close of $58.75. The fund was admitted on 21 June 2019 and is categorised under Equity World Other.

Fund detail

Information

Ticker

ASX:NDIA

Benchmark

Nifty 50 TR INR

Category

Equity World Other

Admitted

21 June 2019

Management fees and costs

0.69%

Fund size

$169.25 Million

Units outstanding

2,880,776

Annual yield

2.17%

Last price (3 November 2026)

$60.37

Total fund holdings

51 companies

ISIN

AU0000043838

Index tracking and costs

The fund aims to provide a return that, before fees and expenses, tracks the performance of the NSE Nifty 50 Index. Management fees and costs are 0.69 percent, and the listing shows an annual Yield of 2.17 percent. The portfolio holds 99.44 percent in shares and 0.56 percent in cash, and every holding is an Indian company above one billion dollars in market capitalisation.

Recent administrative notices include the annual financial report published on 28 September 2026 and the announcement on 15 October 2026 of Citigroup Pty Limited's appointment as fund service provider.

Sector weightings

Financial services is the largest sector at 37.45 percent, nearly three times the category average of 13.31 percent. Consumer cyclical stocks account for 11.51 percent and energy for 10.33 percent, compared with 2.75 percent for the category.

Industrials make up 7.96 percent against 13.98 percent for the category, and technology accounts for 7.52 percent against 23.67 percent. Healthcare, at 4.74 percent, sits well below its category weight of 23.28 percent.

Largest holdings

HDFC Bank is the largest position at 10.31 percent, followed by ICICI Bank at 8.99 percent and Reliance Industries at 7.53 percent. Bharti Airtel (5.07 percent), Larsen & Toubro (4.18 percent), State Bank of India (3.76 percent), Axis Bank (3.34 percent), Infosys (3.33 percent), Kotak Mahindra Bank (2.91 percent) and Mahindra & Mahindra (2.50 percent) complete the top ten.

The two largest positions, both banks, make up 19.30 percent of the fund, and the ten largest holdings together account for 51.99 percent.

Final Word

The fund's profile is concentrated in banking and financial names, with energy and consumer cyclical stocks carrying weights above their category shares. Because the portfolio follows a single-country index, its results are tied to the Indian equity market and its largest companies. The 0.69 percent fee and 2.17 percent annual yield are the figures readers can weigh alongside the fund's index methodology.