Asset Plus Launches ETF Focusing on India's Leading Companies
Asset Plus Asset Management has launched a new ETF, the 'Asset Plus India Leading Companies Focus20 Active ETF,' which concentrates on top-ranking Indian companies by industry. Benchmarking against the MSCI India IMI Index, the ETF aims to leverage opportunities brought by India's rapid economic growth, increasing population, and expanding corporate profits.
The core portfolio features prominent entities such as MakeMyTrip, a leading travel platform, Larsen & Toubro, a major construction firm, and Indian Hotels, a traditional hotel company, with investment weights ranging from 4% to 8% per company. This strategy is rooted in prioritizing potential future growth, reflecting the long-term economic prospects and profitability potential of Indian companies.
This ETF represents Asset Plus's third region-specific active ETF targeting the Indian market, facilitating investors to capitalize on the advantages of India's economic developments. Accessible for trading from the 25th through HTS and MTS platforms of numerous securities firms, it offers a new investment avenue for those looking to tap into the potential of the Indian market.
Related News
Asset Plus launches 'India Top Companies Focus 20 Active ETF' - Maeil Business NewspaperHighlighting growth of the Indian market and expansion of corporate profits, managed with 20 or more stocks at 4-8% per stock
'New India ETF' Emerges... What Criteria Did AssetPlus Asset Management Use to Select 20 Companies? - Financial NewsAssetPlus Asset Management has launched an exchange-traded fund (ETF) that invests in only the top companies in each Indian industry from a profit growth perspective. This provides a new tool in the current domestic Indian theme market, which consists of mainstream index-tracking or sector-focused products. According to the Korea Exchange on the 25th, 'AssetPlus...'
Asset Plus launches third leading company active ETF…`India Focus 20` - Digital TimesAsset Plus Asset Management has launched the 'Asset Plus India Leading Company Active ETF,' which focuses investments on India's core leading companies.