Investing in India

SINGAPORE (April 28): Exchange-traded funds that track Indian equities were among the top performing locally listed ETFs in the last three months to April 26.

The db x-trackers NIFTY 50 UCITS ETF is the best-performing of the Singapore Exchange-listed ETFs, with total returns of 13.2%. It tracks the performance of the 50 largest companies in India and is float-adjusted by market cap.

Among the top holdings in this ETF are conglomerate Reliance Industries, IT and consulting company Infosys, and banking and finance group ICICI Bank. The ETF trades in US dollars and has an expense ratio of 0.85%.

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