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INP
iPath MSCI India Index ETN

5/26/2012, 6:09 PM ET
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INP Market Currents more »
  • Monday 7:36 AM India's rupee falls more than 1% to an all-time low, now requiring 55 of them to buy one greenback. The central bank is in a tough spot as inflation remains high while the economy slows. The slide in the rupee - at least some of which has to do with the "risk off" tone of markets - won't help the inflation picture.
    3 Comments
    [Global & FX]
ETF Stats
  • Expense Ratio: 0.89%
  • Average Bid Ask Ratio: 0.13%
  • Tracking Error: 1.97%
  • Concentration Risk:
  • Capital Gains Dist. %: 0.00%
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INP Description
The iPath® MSCI India IndexService Mark ETNs are linked to the MSCI India Total Return IndexService Mark (the "Index"). The Index is a free-float-adjusted market capitalization index designed to measure the market performance, including price performance and income from dividend payments, of Indian equity securities. The Index seeks to represent approximately 85% of the free-float-adjusted market capitalization of equity securities by industry group within India. As of September 30, 2009, the Index was comprised of 60 companies listed on the National Stock Exchange of India (the "NSE").
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Country: India
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