Goldman Sachs India Equity ETF

GIND

Capitalización de mercado USD 160 M

During the quarter, the Goldman Sachs India Equity ETF returned 13.77% (net of fees), outperforming MSCI India IMI by 107 basis points. At the sector level, our holdings in Consumer Discretionary contributed the most, while our underweight n to Industrials detracted from relative returns. Top contributors were Reliance Industries and Inox India.

India's youthful population is more interested in domestic consumption than citizens in export-focused nations like China and Japan. That should drive growth for local businesses.

Today, the Goldman Sachs India Equity ETF (GIND) joined the growing lineup of active ETFs from Goldman Sachs Asset Management.  For its investors, GIND seeks to tap into robust long-term capital appreciation.