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INDF Stock, Nifty India Financials Information

Stock Information

Company Name: Nifty India Financials
Stock Symbol: INDF
Market: NYSE

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About Nifty India Financials

The Nifty India Financials ETF (the Fund) seeks to provide investment results that, before fees and expenses, correspond generally to the total return performance of the Nifty Financial Services 25/50 Index (the Index). The Fund will normally invest at least 80% of its total assets in securities of the Index or in depositary receipts representing securities of the Index. The Index is designed to measure the performance of companies in the Indian financial market, including banks, financial institutions, housing finance, insurance companies and other financial services companies (Indian Financial Companies). The securities market of India is considered an emerging market. Under normal circumstances, the Fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in the securities of Indian Financial Companies.