Global X - India Active ETF
NDIA
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 605 Third Avenue, 43rd Floor New York NY United States of America 10158
- IPO Date
- Aug 18, 2023
- Website
- globalxetfs.com
- Similar Companies
- Business
- Global X India Active ETF (NDIA) is an actively managed exchange-traded fund that seeks long-term capital growth by investing primarily in equity securities of companies domiciled in or tied economically to India; the fund employs a bottom-up stock selection process focusing on firms with quality business models, strong management, sustainable competitive advantages, and potential for domestic-driven growth over a 4-5 year horizon. Key holdings include leading Indian companies such as HDFC Bank Ltd (8.81%), Reliance Industries Ltd GDR (8.20%), ICICI Bank Ltd ADR (7.16%), Infosys Ltd ADR (5.61%), and Bharti Airtel Ltd (5.49%), spanning sectors like financials (33.2%), consumer discretionary (13.1%), information technology (10.6%), energy (10.3%), and industrials (9.6%); additional portfolio components feature Axis Bank Ltd, Larsen & Toubro Ltd, Tata Consultancy Services Ltd, United Spirits Ltd, and UltraTech Cement Ltd, with approximately 33 total holdings and a net expense ratio of 0.76%. Launched on August 17, 2023, and domiciled in the United States, NDIA is advised by Global X Management Company LLC and benefits from the support of a Mumbai-based investment team affiliated with Mirae Asset Global Investments, one of India's longest-tenured foreign asset managers with over $23 billion in assets under management as of April 2025; the fund trades on NYSE Arca and targets investors seeking exposure to India's economy, bolstered by favorable demographics, market-friendly policies, and projected GDP growth above 6.5%. In recent developments, NDIA debuted alongside the Global X Brazil Active ETF (BRAZ) in August 2023 as part of Global X's expansion of its international access suite, emphasizing active strategies for emerging markets with domestic consumer growth potential; the fund's portfolio has evolved with ongoing active management, including adjustments reflected in its latest holdings as of late 2025, amid India's structural tailwinds highlighted in Global X's 2025 Emerging Markets Outlook, while maintaining a weighted average market cap of $45.7 billion and return on equity of 15%.