Overview
Description
The Amundi MSCI India Fund is an exchange-traded fund designed to offer investors diversified exposure to Indian equities. Its primary function is to track the performance of the MSCI India Index, which includes large and mid-cap companies across various sectors of the Indian economy. This fund provides investors with access to a broad range of industries within India, making it an attractive option for those looking to gain exposure to one of the world's fastest-growing major economies.
Key features of the Amundi MSCI India Fund include its focus on replicating the performance of the underlying MSCI India Index, thus providing a comprehensive sampling of Indian market dynamics. The fund's holdings are spread across different sectors such as information technology, financials, consumer goods, and energy, reflecting the diverse and vibrant landscape of India’s economy.
In terms of market significance, the Amundi MSCI India Fund plays a crucial role in facilitating international investment in India's equity markets by offering a manageable entry point for investors seeking diversification in emerging markets. By leveraging the MSCI index methodology, the fund ensures alignment with global standards for index investing.
About
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Instrument type
Common stock
Sector
Industry
Country
Germany
MIC code
XSTU