- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- One Franklin Parkway San Mateo CA United States of America 94403
- IPO Date
- Feb 8, 2018
- Business
- Franklin FTSE India ETF (FLIN) is an exchange-traded fund that seeks to track the FTSE India RIC Capped Index, providing investors with market-cap weighted exposure to large- and mid-cap Indian equities across diversified sectors including financials, consumer discretionary, information technology, industrials, and energy; top holdings include HDFC Bank Limited, Reliance Industries Limited, ICICI Bank Limited, Bharti Airtel Limited, and Infosys Limited. The ETF, with approximately $2.64 billion in total net assets, $60.56 billion weighted average market capitalization, a price-to-earnings ratio of 27.30x, and an expense ratio of 0.19%, trades on the NYSE Arca and pays semi-annual dividends. Launched on February 6, 2018, and managed by Franklin Advisory Services, LLC and Franklin Templeton Institutional, LLC under Franklin Templeton ETF Trust, FLIN targets institutional and retail investors seeking emerging market growth opportunities, primarily in India.
FLIN holds 274 securities with sector allocations such as 28.87% in financials, 11.85% in consumer discretionary, 9.85% in information technology, 9.63% in industrials, and 9.01% in energy; market cap distribution emphasizes companies over $50 billion (35.40%), $10-25 billion (26.86%), and $25-50 billion (19.45%). The fund is non-diversified, focusing exclusively on Indian public equity markets, with security weights capped to mitigate concentration risk.
Recent developments for Franklin Templeton, FLIN's issuer, include a strategic partnership announced on September 16, 2025, with Copenhagen Infrastructure Partners, DigitalBridge, and Actis to expand infrastructure solutions for private wealth; a collaboration with Binance on August 10, 2025, to develop digital assets initiatives and products; and multiple new ETF launches in 2025 such as the Franklin Dividend Growth ETF (FRIZ) on August 29, Franklin Multisector Income ETF (MULT) on August 28, and various digital asset ETPs including Franklin Solana ETF (SOEZ) on December 3 and Franklin XRP ETF (XRPZ) on November 24. FLIN itself issued a Section 19 Notice on December 20, 2024, related to distributions, alongside ongoing institutional interest with hedge fund ownership rising to 42.72% and assets increasing to $1.03 billion by Q3 2025. The ETF is domiciled in the United States with no reported name changes, liquidations, or reorganizations specific to FLIN in the last two years.