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GLIN (formerly SCIF)
VanEck Vectors India Growth Leaders ETF

  • Digitization is taking place globally, with the global pandemic further accelerating this already visible and persistent long-term growth trend.
  • Within digitization, emerging markets—India in particular—house the deepest pools of inefficiency, hosting some of the most exciting and fastest growing companies in the world, in our view.
  • Learn how Delhivery cracked the code on logistics in India, Watch Webinar Replay: Morning Coffee: Delhivery Delivers Advanced Logistics in India

Fund Description

VanEck Vectors® India Growth Leaders ETF (GLIN) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MarketGrader India All-Cap Growth Leaders Index (MGINGRNR), which consists of fundamentally sound Indian companies that exhibit attractive growth potential at a reasonable price.

 
 

  • Fund Ticker

    GLIN
  • Exchange

    NYSE Arca
  • ETF Structure

    Physical
  • Administrator

    Van Eck Associates
  • Custodian

    State Street Bank and Trust Company
  • Index Ticker

    MGINGRNR
  • Index Rebalancing

    Semi-Annually

 
as of 06/03/20

  • 30-Day SEC Yield1

    1.05%
  • Total Net Assets

    $69.7M
  • Number of Holdings

    81
  • Options

    Expected
  • Gross Expense Ratio2

    0.82%
  • Net Expense Ratio/TER2

    0.82%
  • Distribution Frequency

    Annual

Index Key Points

Underlying Index: MarketGrader India All-Cap Growth Leaders Index


The Index comprises:

Indian equity securities which are generally considered by the index provider to exhibit favorable fundamental characteristics according to the index provider’s proprietary scoring methodology.


Companies eligible for inclusion in Index:

  • Companies domiciled in India and listed on an eligible stock exchange, as determined by the index provider
  • Market cap exceeding $150 million. Three-month average daily trading volume of at least $2 million
  • Stocks are weighted according to available free-float market cap and issuers are capped at 5% max position at rebalance


Index provider:

MarketGrader

Index Profile

  • Ticker

    MGINGRNR
  • Inception Date

    02/21/2020
  • Rebalance Frequency

    Semi-Annually

Index Top 10 Constituents (%) as of 04/30/20 Download All Index Constituents

Total Constituents: 80
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full data
Constituent Name
Ticker
Weightings (%)
Infosys Ltd-Sp Adr
INFY US
6.14
Nestle India Ltd
NEST IN
5.55
Hdfc Bank Limited
HDFCB IN
4.97
Hcl Technologies Ltd
HCLT IN
4.96
Hindustan Unilever Ltd
HUVR IN
4.88
Tata Consultancy Svcs Ltd
TCS IN
4.76
Itc Ltd
ITC IN
4.66
Dr. Reddy's Laboratories
DRRD IN
4.06
Tech Mahindra Ltd
TECHM IN
3.62
Bajaj Finance Ltd
BAF IN
3.49
Top 10 Total (%) 47.09
These are not recommendations to buy or to sell any security. Securities and holdings may vary.

Index Country Weightings (%) as of 04/30/20

  • Country

    Weightings (%)
  • India

    100.0

Index Sector Weightings (%) as of 04/30/20

  • Sector

    Weightings (%)
  • Information Technology

    26.9
  • Consumer Staples

    19.5
  • Financials

    17.9
  • Health Care

    11.1
  • Consumer Discretionary

    7.1
  • Materials

    6.1
  • Energy

    5.2
  • Industrials

    2.3
  • Utilities

    2.2
  • Communication Services

    1.4
  • Real Estate

    0.2