DGIN
VanEck Digital India ETF
📎 Investment Objective
The VanEck Digital India ETF (DGIN) seeks to track the performance of the MVIS Digital India Index, which is designed to provide exposure to companies that are involved in the development of digital technologies and services in India.
Overview
ETF tracking VanEck Digital India ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The VanEck Digital India ETF (DGIN) seeks to track the performance of the MVIS Digital India Index, which is designed to provide exposure to companies that are involved in the development of digital technologies and services in India.
🎯 Investment Strategy
The ETF invests in a portfolio of Indian companies that are engaged in areas such as software, IT services, internet, e-commerce, and other digital-related industries. The fund aims to replicate the performance of the underlying index by holding the same securities in similar weightings.
✨ Key Features
- Provides exposure to the growing digital economy in India
- Diversified portfolio of companies involved in various digital sectors
- Low expense ratio of 0.00%
- Tracks the MVIS Digital India Index
⚠️ Primary Risks
- Concentration risk as the fund is focused on the Indian market
- Exposure to the volatility and risks associated with the Indian equity market
- Potential for higher risk and volatility compared to broader market indices
- Currency risk as the fund's performance is subject to fluctuations in the Indian rupee
👤 Best For
The VanEck Digital India ETF may be suitable for investors seeking exposure to the growth potential of the Indian digital economy, with a long-term investment horizon and a higher risk tolerance. It may be appropriate as a diversification tool within a broader portfolio.