RetireJapan

Hello All,

In recent months I was strongly considering to invest in Indian equity markets and this week I saw ｅＭＡＸＩＳ インド株式インデックス fund.

I am sorry to ask for basic help but can someone help summarize the key characteristics of this new fund such as Passive/Active, target asset holding, expense ratio etc.

Also is this the best passive fund with best expense ratio for Indian market exposure or are there some other funds to consider.

Sincere Thanks in advance
This forum has been extremely helpful in my learning journey

You can find all that data on the official fund page.

https://emaxis.jp/fund/254568.html

Remember India is only 4% of the world stock market and has very low transparency. Be cautious with your allocation.

That fund is based on the "Nifty 50" index which is a free-float market-cap (meaning the market capitalization actually available for trading) index of the 50 largest listed companies on the NSE. The name of the index is ironic for those of us who remember the nifty 50 as a cautionary tale from the 1970's but this is a pretty passive index (https://www.bajajfinserv.in/what-is-nifty) and is probably a reasonable way to get exposure to the large cap portion of the NSE. The expense ratio is 0.4% which is high compared to the broadest index funds but not unreasonable for a single country index fund like this one.