Xtrackers Nifty 50 Swap

ETF description

This ETF aims to track the performance of the Nifty 50 Index, which includes 50 of the largest and most actively traded companies listed on the National Stock Exchange of India. By investing in this ETF, investors gain exposure to a diverse range of sectors within the Indian economy, such as finance, technology, and consumer goods. This ETF employs a swap agreement to replicate the returns of the underlying index, allowing it to invest in a variety of companies without directly holding the individual stocks.

This ETF may appeal to investors interested in accessing the Indian market, particularly those looking for growth opportunities in a rapidly developing economy.

Issuer details

Xtrackers is a large and established provider of high quality ETFs and exchange traded commodities (ETCs). It is the ETF and ETC segment of the German asset manager DWS.

Xtrackers ETFs are listed on eleven stock exchanges globally and have over £169.53bn (as at June 2024) in assets under management, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.

Index details

The ETF tracks the NIFTY 50 which is a benchmark Indian stock market index that represents the weighted average of 50 of the largest Indian companies listed on the National Stock Exchange.