Betashares India Quality ETF
Performance
Total return to 23 Oct 2026, distributions reinvested, before franking. ASX figures are to 30 Sept 2026 and gross of franking, so they run higher for franked Australian funds.
What it costs to hold
Management fee plus trading costs, compared with similar funds.
A typical fund among Asia equity funds would cost $322 (0.64% a year), so IIND is $103 dearer.
Spread is the average gap between buying and selling prices on the ASX. Fees are shown on a flat balance, not compounded on growth. Excludes tax and any adviser or platform fees.
Calendar-year returns
Where the money is
Look-through exposure as at 2 Sept 2026 · 30 securities · top 10 = 40.5%
Country
Sector
Monthly returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −8.4 | −1.8 | −9.2 | 5.7 | −4.1 | 5.3 | 1.6 | −3.5 | −4.8 | −0.3 | −19.1YTD | ||
| 2025 | −3.1 | −7.2 | 7.0 | 1.9 | 1.8 | 0.1 | −4.8 | −1.0 | −1.3 | 4.6 | 1.5 | −3.7 | −4.9 |
| 2024 | 3.2 | 3.1 | 0.2 | 0.9 | −1.7 | 5.3 | 4.9 | −3.6 | 0.3 | −1.7 | 0.2 | 1.3 | 12.9 |
| 2023 | −5.6 | 0.9 | 0.7 | 5.4 | 4.0 | 1.2 | −0.9 | 3.0 | 1.1 | −0.3 | 0.7 | 3.8 | 14.6 |
| 2022 | −0.6 | −6.8 | −0.7 | 2.9 | −5.0 | −2.9 | 6.6 | 3.6 | 1.1 | 3.7 | −0.9 | −3.9 | −3.8 |
| 2021 | 1.1 | −3.0 | 4.7 | −4.4 | 6.8 | 3.6 | 1.3 | 9.1 | 2.9 | −6.4 | 3.8 | 0.0 | 19.9 |
| 2020 | 4.4 | −2.7 | −18.1 | 7.5 | −2.8 | 2.3 | 4.9 | 1.8 | 3.4 | 2.5 | 1.8 | 5.1 | 7.7 |
| 2019 | 4.6 | 3.1 | −1.3 | −1.7 | 4.6 |
Total return each month in %, distributions reinvested, before franking. The latest month runs to the last price date. The first year starts from listing.
Top holdings
Most similar funds
Overlap is the share of the portfolio held in common, look-through. Correlation is of daily returns. High overlap means close substitutes.
IIND questions answered
Written from the latest data on this page. General information only, not financial advice.
How diversified is Betashares India Quality ETF?
Betashares India Quality ETF holds 30 securities, and its ten largest positions make up 40.5% of the fund, more spread out than the 48.1% typical of Asia equity funds. That makes it fairly concentrated.
Its country exposure is almost entirely India (100.0%), and its biggest sector is Consumer Discretionary at 25.7%, based on holdings as at 2 Sept 2026.
Which ETFs does IIND double up with most?
IIND shares the most holdings with Global X India Nifty 50 ETF (NDIA) (43% overlap) and VanEck India Growth Leaders ETF (GRIN) (14% overlap). Overlap is the share of the portfolio the two funds hold in common, looking through to the underlying securities.
None of these overlaps is above half, so pairing IIND with one of them adds some genuinely different holdings.
How is Betashares India Quality ETF managed – active or passive?
Betashares India Quality ETF is passively managed: it follows an index and holds what that index holds, rather than relying on a manager's stock picks. Its index uses a quality approach, so it is sometimes called "smart beta".
Among Asia equity funds, active funds charge a median 1.18% a year and index funds 0.58%.
What will I pay in fees for IIND?
IIND charges a management fee of 0.80% a year, about $80 for every $10,000 invested. Only 18% of the 471 ASX ETFs we track charge more, and the median fee is 0.44%. Among Asia equity funds, the median is 0.60%.
The fee is taken from the fund's assets and is already reflected in its returns. You'll also pay brokerage when you buy or sell, and the bid-ask spread, which has averaged 0.25% for IIND.
Does Betashares India Quality ETF follow a theme?
Not a theme as such, but it follows a quality investment style: it screens for companies with strong profitability, stable earnings and low debt.
Other ASX funds using a quality approach include VanEck MSCI International Quality ETF (QUAL), VanEck MSCI International Quality (AUD Hedged) ETF (QHAL), VanEck MSCI International Small Companies Quality ETF (QSML) and Betashares Australian Quality ETF (AQLT).
What is under the hood of IIND?
As at 2 Sept 2026, IIND's ten largest holdings are Tata Consultancy Services Ltd (4.3%), Infosys Ltd (4.3%), Dixon Technologies India Ltd (4.2%), Hindustan Unilever Ltd (4.2%), Mahindra & Mahindra Ltd (4.2%), Persistent Systems Ltd (4.1%), Bajaj Auto Ltd (4.0%), Bajaj Finance Ltd (4.0%), Titan Co Ltd (3.7%) and Reliance Industries Ltd (3.6%). Together they make up 40.5% of the fund.
Rather than simply weighting companies by market size, its index screens for companies with strong profitability, stable earnings and low debt.
How well has Betashares India Quality ETF performed?
Based on its category, Betashares India Quality ETF aims to grow your capital in line with the index it tracks.
To 23 Oct 2026, with distributions reinvested, it returned −23.1% over 1 year (median −0.7%; ranked 15 of 17), −4.0% a year over 3 years (median 15.0% a year; ranked 14 of 14) and −0.6% a year over 5 years (median 6.8% a year; ranked 10 of 13). The medians and rankings compare it with Asia equity funds. Since listing in 2019 it has returned 3.7% a year.
Tracking difference is the gap between a fund's return and its index's return. We don't hold index returns, so we can't measure it for IIND; the issuer reports it in the monthly fact sheet. As a guide, a well-run index fund trails its index by about its fee, here 0.80% a year, and a much bigger gap is a warning sign.
Past performance is not a reliable indicator of future performance.