Best India ETFs (2026)
Which fund to use for Indian equity exposure — 2 funds ranked on cost, yield, return, risk and ETFValuer's overall grade.
Every figure on this page is recalculated from market data each day, so the ranking reflects current conditions rather than whenever this page was written. Educational content — not financial advice.
Top Picks Right Now
- cheapest in the group at 0.61%
- best risk-adjusted return (Sharpe -1.14)
- largest and most liquid at $6.9B
Ranked by ETFValuer's overall score. Recalculated every day from live market data — these positions change as the underlying numbers move.
At a Glance
Each superlative is measured within this group of 2 funds, not across the whole market.
All 2 Funds Ranked
| Fund | Category | Cost | Yield | 1Y | 3Y | Volatility | Max DD | Sharpe | AUM | Score | Grade |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 INDAiShares MSCI India ETF | Single Country - Emerging | 0.61% | — | -12.3% | +8.1% | 15.1% | -22.7% | -1.14 | $6.9B | 34.9 | F |
| 2 INDYiShares India 50 ETF | Single Country - Emerging | 0.65% | 0.85% | -13.8% | +0.3% | 14.6% | -22.4% | -1.29 | $558M | 29.9 | F |
Max DD is the deepest peak-to-trough fall over the measurement window. Sharpe ratio measures return per unit of volatility — higher is better. Every figure is recalculated daily.
What Makes a Good Fund Here
India funds carry higher fees than most single-country products, because of the cost of accessing the local market. They are also expensive on valuation relative to other emerging markets — the growth case is widely known and largely priced in.
The ETFValuer score blends trailing return, risk-adjusted return, expense ratio, maximum drawdown, fund size and volatility, each percentile-ranked against the full tracked universe, into a single 0-100 figure graded A+ to F. It is a systematic summary of past data, not a forecast — read it alongside the individual columns rather than instead of them.
Broader Alternatives
A dedicated fund here is a concentrated bet. These broader funds hold the same companies alongside others, giving similar exposure with less single-industry risk — worth checking before committing to the narrower option.
| Fund | Category | Cost | 3Y | Score |
|---|---|---|---|---|
| VWO | Emerging Markets | 0.06% | +47.0% | 65.5 |
| IEMG | Emerging Markets | 0.09% | +61.1% | 75.4 |
| EMXC | Emerging Markets | 0.25% | +83.0% | 78.6 |
Frequently Asked Questions
What is the best India ETF?
INDA ranks highest of the 2 India funds tracked, scoring 34.9 (F). INDA charges the least at 0.61%.
Do I already have India exposure through an emerging markets fund?
Yes — India is one of the largest weights in most broad emerging-market indexes. A dedicated India fund concentrates an exposure you likely already hold rather than adding a missing one.
Compare any of these funds directly
Side-by-side metrics, holdings overlap and return correlation for any pair.