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Typically, this fund seeks to fulfill its investment objective by directing a minimum of 80% of its total assets—inclusive of any borrowed capital—into equity securities issued by Indian companies. These investments may consist of common stocks, preferred stocks, and convertible securities, regardless of their duration or credit quality. The fund is authorized to hold unrated securities or those that would be classified as below investment grade (commonly termed 'junk bonds') if formally rated. The portfolio maintains a concentrated, non-diversified investment strategy.
Is INDE's expense ratio expensive, average, or a steal for its category?
Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.
Matthews India Active ETF (NYSEARCA:INDE - Get Free Report) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 268 shares, a growth of 43.3% from the December 15th total of 187 shares. Currently, 0.1% of the shares of the company
India's economy grew at an annual rate of 7.8% in the quarter ending June, topping economists' expectations of 6.7% (Reuters poll), as quoted on CNBC.
We view the current weakness in Indian stocks as a good opportunity to own stocks from an economy that is still likely to be the fastest growing over the next decade. We seek to ascertain if the Matthews India Active ETF which follows a bottoms-up fundamentally driven active approach is worth pursuing. INDE falls short on multiple counts.
The overall market narrative has focused on the U.S. and potential tariffs on China and some neighbors, but that may be missing important opportunities elsewhere. There are some strong reasons to invest abroad right now for U.S. investors.
India ETFs have been gaining momentum lately and hovering around a 52-week high.