On Nov. 20 Barclays Global Investors released iShares S&P India Nifty 50 Index (INDY), which tracks the country's 50 largest companies by market cap.
The fund is most heavily weighted in banks at 17% of assets, followed by energy 14%, technology 12%, engineering 7%, steel 5%, real estate 5%, power 4.5%, tobacco 4.5%, autos 4% and telecom 4%. And 24% of assets are allocated to an "other/undefined" category.
INDY's expense ratio: 0.89%.
