UBL Pakistan Enterprise ETF
Price
Rs39.88
YTD
+18.50%
Expense
1.50%
Yield
2.43%
SMIN
SMIN NYSE
iShares MSCI India Small-Cap ETF · by BlackRock
Price
₹72.50
YTD return
+8.50%
1Y return
18.20%
Expense ratio
0.75%
Dividend yield
0.40%
AUM
$800M
SMIN provides exposure to small-cap Indian equities, targeting companies with significant domestic revenue and growth potential. Small-cap Indian stocks offer exposure to India's rapidly growing domestic economy and consumer spending.
SMIN: India Small-Cap Growth Opportunity
The iShares MSCI India Small-Cap ETF provides access to the fast-growing segment of India's equity market that is most directly tied to the country's domestic economic expansion. Small-cap Indian companies derive most of their revenue from within India, making them a pure play on India's rising middle class and urbanization trends.
India's Small-Cap Opportunity
India's small-cap universe represents some of the most dynamic growth opportunities in global markets. With GDP growth consistently above 6%, a young demographic profile (median age 28), and rapid digital transformation, Indian small-caps are positioned to capture the economic upside of the world's fastest-growing major economy.
Sector Exposure
SMIN provides diversified exposure across India's most vibrant sectors including information technology services, pharmaceuticals, consumer goods, financial services, and industrials. Many holdings are market leaders in their niches with strong competitive advantages in the domestic market.
Risk Considerations
Small-cap Indian stocks carry higher volatility than their large-cap counterparts. Currency risk (INR/USD), regulatory changes, and liquidity constraints should be considered. However, the long-term growth trajectory of India's economy provides a strong tailwind for patient investors.
Top holdings
Every holding links to its own page with a live price and the full list of funds that own it.
| # | Holding | Ticker | Sector | Weight | Price |
|---|---|---|---|---|---|
| 1 | Persistent Systems | PERSISTENT | Technology | 2.10% | ₹5,657.00 -0.58% |
| 2 | Coforge Ltd | COFORGE | Technology | 1.80% | ₹1,971.80 0.31% |
| 3 | Supreme Industries | SUPREMEIND | Industrials | 1.50% | ₹3,508.10 -0.64% |
| 4 | Aarti Industries | AARTIIND | Basic Materials | 1.30% | ₹501.90 -0.65% |
| 5 | Voltas Ltd | VOLTAS | Industrials | 1.20% | ₹1,178.00 2.25% |
Frequently asked questions
Is SMIN suitable for beginners?
SMIN carries higher risk due to small-cap volatility and emerging market exposure. It may be more suitable for experienced investors with a long-term horizon and tolerance for volatility.
How does SMIN compare to INDA?
INDA focuses on large and mid-cap Indian stocks, while SMIN targets small-caps. SMIN offers higher growth potential but with greater volatility and risk.
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Community
SMIN discussion
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