How can I buy an MSCI ETF?

MSCI is an index provider, not an ETF issuer. You can purchase any MSCI index-linked ETF through a brokerage account just like a stock. Search for the ETF name, decide your allocation, and place your order.

What is the symbol for the iShares MSCI India ETF?

The iShares MSCI India ETF trades under the symbol INDA.

Where can I invest in the iShares MSCI India ETF?

It’s available through most online brokerage platforms that offer U.S.-listed ETFs. You can hold it in taxable accounts or tax-advantaged accounts like IRAs, depending on your investment goals.

How to Invest in iShares MSCI India ETF (INDA)

How to Invest in the MSCI India ETF (INDA)

By Tony Dong – Updated Feb 24, 2026 at 4:14 PM EST | Fact-checked by Frank Bass

Key Points

iShares MSCI India ETF provides access to India's growing market without currency hassle.
Key holdings are in financials and tech, reflecting India's economic sectors.
Investors should weigh India's growth against potential risks in emerging markets.

Loading paragraph...

NYSEMKT: INDA

iShares Trust - iShares Msci India ETF

Today's Change

(-0.02%) $-0.01

Current Price

$49.91

Key Data Points

AUM

$6.7B

Expense Ratio

0.61%

Top Holdings

HDFCBANK.BO

5.96%

RELIANCE.BO

5.62%

ICICIBANK.BO

5.61%

Loading company_card...

What is the iShares MSCI India ETF?

This ETF passively tracks the MSCI India Index, a benchmark of 161 Indian equities listed on local exchanges.

“Passive” means the fund isn’t trying to beat the market -- it simply aims to replicate the index’s performance by owning all the same stocks in the same proportions.

Because it’s market cap-weighted, the largest Indian companies get the biggest allocations, giving the fund a natural bias toward established blue chip names.

Loading paragraph...

Exchange-Traded Fund (ETF)

An exchange-traded fund, or ETF, allows investors to buy many stocks or bonds at once.

Loading definition...

How to buy the iShares MSCI India ETF

Open your brokerage account: Log in to your brokerage account where you handle your investments. If you don't have one yet, take a look at our favorite brokers and trading platforms to find the right one for you.
Search for the ETF: Enter the ticker "INDA" into the search bar to bring up the ETF's trading page.
Decide how many shares to buy: Consider your investment goals and how much of your portfolio you want to allocate to this ETF.
Select order type: Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
Submit your order: Confirm the details and submit your buy order.
Review your purchase: Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Loading paragraph...

Holdings of the iShares MSCI India ETF

This India ETF offers broad exposure across sectors, though it’s dominated by financials (29.45%), reflecting India’s expanding banking and credit markets.

Other key sectors include consumer discretionary (13.34%), information technology (9.34%), industrials (9.13%), energy (8.70%), and materials (8.05%). Smaller allocations include consumer staples, healthcare, communications, utilities, and real estate.

Top 5 holdings as of Oct. 9, 2025:

HDFC Bank (NSE:HDFCBANK): 8.33%
Reliance Industries (NSE:RELIANCE): 6.24%
ICICI Bank (NSE:ICICIBANK): 5.42%
Bharti Airtel (NSE:BHARTIARTL): 3.74%
Infosys(NSE:INFY): 3.72%

While the underlying shares trade in Indian rupees, the ETF itself trades in U.S. dollars, automatically handling the currency conversion behind the scenes for investors.

Loading paragraph...

Should you invest in the iShares MSCI India ETF?

If you believe in India’s long-term growth story, this ETF gives you a simple way to participate. The fund captures exposure to favorable demographics, technology adoption, and industrial policy tailwinds that could drive corporate profits higher over the next decade.

However, if you expect the U.S. dollar to strengthen, this ETF may face currency headwinds, as returns are translated from rupees into dollars. Likewise, if you’re bearish on emerging markets due to political risk, global slowdowns, or higher volatility, this fund may not align with your risk tolerance.

Loading paragraph...

Does the iShares MSCI India ETF pay a dividend?

Yes, it pays a 0.45% 30-day SEC yield, distributed semi-annually (twice per year). These are not qualified dividends, meaning they’re taxed at a higher rate for U.S. investors, though the yield is low enough that the tax impact is typically modest.

Loading paragraph...

What is the iShares MSCI India ETF’s expense ratio?

The ETF’s expense ratio is 0.62%, or about $62 per year for every $10,000 invested. This covers management and operational costs. While that was once typical for single-country emerging-market ETFs, there are now cheaper alternatives.

Loading paragraph...

Expense Ratio

A percentage of mutual fund or ETF assets deducted annually to cover management, operational, and administrative costs.

Loading definition...

Historical performance of iShares MSCI India ETF

Loading paragraph...

Annualized Total Returns as of Sept. 30, 2025
	1y	3y	5y	10y
Net Asset Value	-10.35%	8.56%	10.78%	7.62%
Market Price	-10.40%	8.81%	10.61%	7.51%

Loading table...

The bottom line

Before investing outside the U.S., think carefully about whether a broader ex-U.S. fund might better serve your portfolio goals than targeting a single country.

While India offers compelling growth potential, concentrated exposure also comes with currency, political, and liquidity risks, so an Indian equity ETF might not be the best ETF for your goals.

For long-term investors willing to ride out emerging-market volatility, this ETF provides a straightforward, efficient way to own a piece of one of the world’s fastest-growing economies, but it remains concentrated both in terms of geography and sectors.

Loading paragraph...

Investing in iShares MSCI India ETF FAQ

Loading faq...

Tony Dong has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.

How to Invest in the MSCI India ETF (INDA)

Key Points