iShares MSCI India Small-Cap ETF
SMIN
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Global
- Address
- 50 Hudson Yards New York NY United States of America 10001
- IPO Date
- Feb 9, 2012
- CIK
- 0001100663
- Website
- ishares.com
- Similar Companies
- Business
- iShares MSCI India Small-Cap ETF (SMIN) is an exchange-traded fund that seeks to track the investment results of the MSCI India Small Cap Index, comprising small-capitalization equities listed on Indian stock exchanges. The fund, launched on February 8, 2012 by BlackRock, Inc. and managed by BlackRock Fund Advisors, invests in a diversified portfolio of growth and value stocks across sectors including information technology, healthcare, financials, and industrials; it employs a representative sampling technique to replicate the underlying index, holding approximately 515 securities domiciled in India and traded primarily on the National Stock Exchange of India and Bombay Stock Exchange. Headquartered in Wilmington, Delaware as part of the iShares Trust (a BlackRock affiliate), SMIN provides investors with targeted exposure to the high-growth potential of India's small-cap market segment, which represents the bottom 14% of companies by market capitalization in the Indian equity universe. The ETF's expense ratio stands at 0.75%, encompassing a 0.74% management fee, with net assets under management reaching approximately $938 million as of the latest reporting; it distributes dividends semi-annually and trades on the Cboe BZX exchange under the ticker SMIN. SMIN targets institutional and retail investors seeking emerging market small-cap opportunities, with geographic operations focused exclusively on India and accessibility worldwide through U.S.-listed shares. In recent developments, the fund has navigated quarterly index rebalances announced by MSCI, including the August 2025 review effective August 27, which adjusted compositions based on market cap and free float changes, alongside standard capital gains distributions in 2025 to comply with diversification requirements. BlackRock, as the issuer, entered a strategic partnership with AccessFintech in November 2025 to enhance post-trade workflows via the Aladdin platform, alongside a strategic investment toiShares MSCI India Small-Cap ETF (SMIN) is an exchange-traded fund that seeks to track the investment results of the MSCI India Small Cap Index, comprising small-capitalization equities listed on Indian stock exchanges. Launched by BlackRock, Inc. and managed by BlackRock Fund Advisors, the ETF employs a representative sampling technique to invest in growth and value stocks across diversified sectors of the Indian public equity market, including information technology, healthcare, financials, and industrials. Its portfolio typically holds approximately 515 securities, with top holdings such as Coforge Ltd, Fortis Healthcare Ltd, and Federal Bank Ltd; the fund is domiciled in the United States, with headquarters in New York, New York, and was established on February 8, 2012. The ETF provides investors with targeted exposure to the bottom 14% of companies by market capitalization in India, serving institutional and retail investors seeking small-cap growth opportunities in emerging markets; it operates primarily through listings on the Cboe BZX Exchange, with assets under management of approximately $938 million and an expense ratio of 0.75%. In recent developments, the underlying MSCI India Small Cap Index underwent its quarterly rebalance effective August 27, 2025, reflecting ongoing adjustments to free float market capitalization and composition changes typical for such benchmarks. BlackRock, as the issuer, announced a strategic partnership with AccessFintech in November 2025 to enhance post-trade collaboration via the Aladdin platform, alongside a strategic investment to support ecosystem expansion, though this applies broadly to iShares products rather than SMIN specifically. Additionally, routine capital gains distributions for 2025 were issued in line with index rebalancing activities across iShares ETFs.