Overview
Description
The Global X India Nifty 50 ETF is an exchange-traded fund that aims to track the performance of the Nifty 50 Index, an index representing the top 50 major and most liquid companies listed on the National Stock Exchange of India. This ETF provides exposure to the Indian equity market, focusing on the large-cap segment of the market with companies spanning sectors such as financials, information technology, energy, and consumer goods. As a financial instrument, this ETF serves as a convenient means for investors to gain access to the Indian market, capturing the economic potential of one of the world's fastest-growing major economies. By providing a diversified basket of India's leading companies, the Global X India Nifty 50 ETF allows for the management of country-specific risk while participating in the market's growth dynamics. This ETF plays a significant role in portfolios by offering geographical diversification and opportunities for capital appreciation in line with India's economic trends.
About
Address
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Phone
+612 8311 3478
Website
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Instrument type
ETF
Country
Australia
MIC code
XASX