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GIND ETF — Holdings & Analysis

The Goldman Sachs India Equity ETF (GIND) seeks long-term capital growth by investing in Indian equities.

With $0.15 billion in assets under management, GIND provides exposure to the Indian stock market, focusing on companies expected to benefit from India's economic expansion. The fund's expense ratio is 0.75%. GIND's top holdings include ICICI Bank Ltd, HDFC Bank Ltd, and Reliance Industries Ltd, reflecting a significant allocation to the financial services sector.

Goldman Sachs India Equity ETF (GIND) ETF — Price, Holdings & Analysis

The Goldman Sachs India Equity ETF (GIND) seeks long-term capital growth by investing in Indian equities. With $0.15 billion in assets under management, GIND provides exposure to the Indian stock market, focusing on companies expected to benefit from India's economic expansion. The fund's expense ratio is 0.75%. GIND's top holdings include ICICI Bank Ltd, HDFC Bank Ltd, and Reliance Industries Ltd, reflecting a significant allocation to the financial services sector.

ETF Overview

The Goldman Sachs India Equity ETF (the “Fund”) seeks long-term growth of capital.
The Goldman Sachs India Equity ETF (GIND) aims to achieve long-term capital appreciation by investing primarily in Indian equities. The fund's strategy involves selecting companies believed to have strong growth potential within the Indian market. GIND's portfolio comprises 110 holdings, offering a diversified exposure to various sectors of the Indian economy. A significant portion of the fund is allocated to Financial Services, representing 30.7% of the portfolio, followed by Consumer Cyclical at 17.2%. Other key sectors include Technology (9.7%), Healthcare (9.4%), and Basic Materials (9.3%). The fund's top holdings include ICICI Bank Ltd (5.67%), HDFC Bank Ltd (4.23%), and Reliance Industries Ltd (2.97%). With 93.8% of its exposure in India, GIND provides focused access to the Indian equity market. This ETF may be suitable for investors seeking to capitalize on the growth opportunities within the Indian economy through a diversified equity portfolio.

Risk Metrics

Investing in GIND involves certain risks inherent to its investment strategy and market focus. The fund's concentration in Indian equities exposes it to geopolitical and economic risks specific to India. The significant allocation to Financial Services (30.7%) creates sector-specific risk, where adverse events in the financial industry could disproportionately impact the fund's performance. With a Beta (3Y) of 0.00, GIND's volatility is not measurable relative to the market benchmark. The fund's expense ratio of 0.75% can create a drag on returns, especially in periods of lower market performance. these may be worth researching factors when evaluating GIND for their portfolio.

Expense Ratio

0.75%

What does GIND hold?

HoldingWeight
ICICI Bank Ltd (ICICIBANK.NS)5.67%
HDFC Bank Ltd (HDFCBANK.NS)4.23%
Reliance Industries Ltd (RELIANCE.NS)2.97%
Infosys Ltd (INFY.NS)2.86%
Mahindra & Mahindra Ltd (M&M.NS)2.67%
Axis Bank Ltd (AXISBANK.BO)2.64%
Bajaj Finance Ltd (500034)2.61%
Kotak Mahindra Bank Ltd (KOTAKBANK.NS)2.24%
Bharti Airtel Ltd (BHARTIARTL.NS)2.21%
Tata Steel Ltd (TATASTEEL.NS)2.05%

How Is the Fund Allocated?

SectorWeight
Financial Services30.7%
Consumer Cyclical17.2%
Technology9.7%
Healthcare9.4%
Basic Materials9.3%
Industrials8.1%
Consumer Defensive5.5%
Communication Services3.3%
Energy3.1%
Real Estate1.9%
Utilities1.6%
CountryWeight
Other5.3%
India93.8%
United States0.9%

Dividend Yield

0.00%

Risk Metrics

  • Beta: 0.00

Questions & Answers

What is GIND and what does it track?

The Goldman Sachs India Equity ETF (GIND) is an exchange-traded fund that aims to provide long-term capital growth by investing in equity securities of Indian companies.

The fund seeks to track the performance of the Indian equity market, offering investors exposure to a diversified portfolio of Indian stocks.

What is the expense ratio for GIND?

The expense ratio for the Goldman Sachs India Equity ETF (GIND) is 0.75%. This means that for every $1000 invested in the fund, $7.50 is used to cover the fund's operating expenses.

While this provides access to the Indian equity market, the expense ratio is higher than some broad market ETFs. Investors should consider the expense ratio in relation to the potential returns and diversification benefits offered by GIND.

What are the top holdings in GIND?

As of 2026-03-15, the top holdings in the Goldman Sachs India Equity ETF (GIND) are: ICICI Bank Ltd (5.67%), HDFC Bank Ltd (4.23%), and Reliance Industries Ltd (2.97%).

These holdings represent a significant portion of the fund's portfolio and reflect its focus on key players in the Indian financial and industrial sectors.

Is GIND a good long-term investment?

Whether GIND is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and outlook on the Indian equity market.

GIND provides exposure to a diversified portfolio of Indian companies, with a focus on sectors like Financial Services and Consumer Cyclical. The fund's expense ratio of 0.75% should be considered as a factor impacting long-term returns.

How does GIND compare to similar ETFs?

GIND competes with other ETFs that focus on the Indian equity market. When comparing GIND to similar ETFs, factors to consider include expense ratio, AUM, and investment strategy. GIND has an expense ratio of 0.75% and AUM of $0.15 billion.

Does GIND pay dividends?

As of 2026-03-15, the Goldman Sachs India Equity ETF (GIND) has a dividend yield of 0.00%. This indicates that the fund is not currently distributing dividends to its shareholders.

Investors seeking income from their investments may want to consider other ETFs with a higher dividend yield. However, GIND's primary objective is long-term capital appreciation, rather than income generation.