- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 290 Congress Street Boston MA United States of America 2210
- IPO Date
- Aug 10, 2011
- Business
- Columbia India Consumer ETF (INCO) is an exchange-traded fund that seeks to correspond to the price and yield performance of the Indxx India Consumer Index, a modified free-float market capitalization-weighted index tracking Indian companies engaged in the consumer sector; the fund primarily invests in equities of such companies listed on the National Stock Exchange or Bombay Stock Exchange, spanning categories including automobiles and auto parts, beverages, food production, household goods and household durables, leisure goods, personal goods, personal care, tobacco, and retailing. Top holdings typically include leading firms such as Eternal Limited, Maruti Suzuki India Limited, Mahindra & Mahindra Limited, Bajaj Auto Ltd, Eicher Motors Limited, Titan Company Limited, Hindustan Unilever Limited, Nestlé India Limited, TVS Motor Company Limited, and ITC Limited, representing approximately 50% of assets under management, which stood at around $290-300 million as of late 2025. Issued by Columbia ETF Trust II and managed by Columbia Management Investment Advisers, LLC, a subsidiary of Columbia Threadneedle Investments, the fund was launched on August 10, 2011, and is domiciled in the United States with its investment manager's principal office located at 290 Congress Street, Boston, Massachusetts.
The ETF targets investors seeking exposure to India's growing consumer market, focusing on both consumer discretionary and consumer staples sectors through a non-diversified portfolio concentrated in growth and value stocks across various market capitalizations. It trades on the NYSE Arca exchange under the ticker INCO, with a net expense ratio of 0.75% and daily pricing. Geographically, the fund provides targeted access to Indian equities, with no direct operations outside the U.S. for the ETF itself, though its sponsor Columbia Threadneedle Investments operates globally as part of Ameriprise Financial.
In recent developments as of December 2025, Columbia Threadneedle Investments, the fund sponsor, launched six new actively managed and Research Enhanced ETFs across equity and fixed income segments on NYSE Arca, expanding its U.S. lineup to 20 ETFs and complementing the ongoing management of INCO within its thematic growth offerings. No specific acquisitions, funding rounds, partnerships, or structural changes directly affecting INCO were reported in the last 1-2 years, though the sponsor has pursued broader strategic growth in ETF capabilities, including a recent QR (Quant Redefined) ETF series debut in Europe. The fund maintains stable management with Christopher Lo since 2016 and Henry Hom since 2021.