India Infrastructure ETF Destined To Shine (INXX)

With the continuing innovation in the ETF landscape, the announcement of the India Infrastructure ETF (NYSE:INXX), the first sector-specific India fund to track the nation’s infrastructure sector, could be the answer to reaping the benefits of a sector that is destined to shine.

EGShares newest ETF carries an expense ratio of 0.85% and seeks to replicate the performance of the Indxx India Infrastructure Index, which is a benchmark that consists of 30 different companies that are influenced by the infrastructure sector.  As for sector allocations, nearly 23% of the ETFs assets are allocated to electricity companies, 19% to construction and materials companies and 14% to industrial metals and mining. 

India’s infrastructure sector is set for accelerated growth due to the country’s rapid growth and its relatively feeble infrastructure.  The Asian nation is expected to see substantial GDP growth over the next few years and will need upgraded infrastructure to sustain it.  Additionally, India is expected to see rapid population growths over the next 20 years and is witnessing a ballooning middle class which will likely demand upgraded infrastructure and a better way of life.

To further bolster the appeal of India’s infrastructure sector, nearly one in every three Indian lives in urban areas, which paves the trend for urbanization and the need for better roads, more water and increased electricity. 

Lastly, the Indian government has addressed the need for upgraded infrastructure and has already pledged to spend more than $1 trillion over the next five years on improving infrastructure in its nation. 

Written By Kevin Grewal from Smart Stops

Kevin Grewal serves as the editor at, where he focuses on mitigating risk and implementing exit strategies to preserve equity. Additionally, he is the editor at The ETF Institute, which is the only independent organization providing financial professionals with certification, education, and training pertaining to exchange-traded funds (ETFs). Prior to this, Grewal was an analyst at a small hedge fund where he constructed portfolios dealing with stock lending, exchange-traded funds, arbitrage mechanisms and alternative investments. He is an expert at dealing with ETFs and holds a bachelor’s degree from the University of California along with a MBA from the California State University, Fullerton.

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