UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
INDL
INDL NYSE
Direxion Daily MSCI India Bull 2X Shares · by Direxion
Price
₹44.91
YTD return
+24.50%
1Y return
38.20%
Expense ratio
0.95%
Dividend yield
0.10%
AUM
$120M
INDL provides 2x daily leveraged exposure to the MSCI India Index. This fund is designed for sophisticated traders seeking amplified short-term exposure to Indian equities. Due to daily compounding, returns over longer periods may differ significantly from 2x the index return.
INDL: Leveraged India Exposure
Direxion Daily MSCI India Bull 2X Shares provides amplified exposure to Indian equities, seeking 200% of the daily performance of the MSCI India Index. This leveraged product is designed for short-term trading strategies and tactical allocation decisions.
How Leveraged ETFs Work
INDL uses swap agreements and futures contracts to achieve its 2x daily return objective. It's critical to understand that the 2x target applies to daily returns only. Over longer holding periods, compounding effects can cause returns to deviate significantly from 2x the cumulative index return.
Risk Warning
Leveraged ETFs carry extreme risk and are not suitable for buy-and-hold investors. Volatility decay can erode returns during sideways markets. These products should only be used by experienced traders who actively manage their positions.
Frequently asked questions
Can I hold INDL long-term?
INDL is designed for daily trading, not long-term holding. Compounding effects cause significant deviation from 2x the index return over time, and volatility decay can erode value.
What is the risk level of INDL?
Very High. INDL can gain or lose twice the daily movement of the MSCI India Index. Losses can be amplified significantly during market downturns.
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Community
INDL discussion
Questions on fair value, cost, dividends and risk — answered with the fund data on this page.
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