Direxion Daily MSCI India Bull 2X ETF
New York Stock Exchange ArcaCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 1301 Avenue of the Americas, 28th Floor New York City NY United States of America 10019
- IPO Date
- Mar 11, 2010
- CIK
- 0001424958
- Website
- direxion.com
- Similar Companies
- Business
- Direxion Daily MSCI India Bull 2X Shares (INDL) is an exchange-traded fund that seeks daily investment results, before fees and expenses, of 200% of the daily performance of the MSCI India Index. The fund provides leveraged exposure to the Indian equity market through swap agreements, futures contracts, and other financial instruments tied to the index; it does not invest directly in Indian stocks. INDL targets sophisticated investors seeking amplified short-term returns from India's large- and mid-cap companies across sectors such as financials, information technology, energy, consumer discretionary, and materials. Direxion Shares ETF Trust, the issuer, was established in 2006 and is headquartered in Rye Brook, New York; the fund itself launched in 2013. It operates primarily in the United States, listed on the NYSE Arca exchange, with assets available to retail and institutional investors focused on emerging markets. The fund employs a daily reset mechanism, making it suitable for tactical trading rather than long-term holding due to compounding effects and volatility decay. In recent developments as of late 2025, Direxion has expanded its lineup of single-stock and sector leveraged ETFs amid heightened interest in emerging markets, including India, driven by economic growth projections; no major acquisitions or rebrands specific to INDL occurred in the last 1-2 years, though the firm continues strategic alliances with index providers like MSCI for index licensing. The fund maintains its core 2X bull strategy without significant operational shifts, focusing on liquidity enhancements and investor education around leveraged product risks.
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