Key stats
About VanEck Digital India ETF
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Inception date
Feb 15, 2022
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
ISIN
US92189H7897
DGIN is designed to provide pure-play exposure to Indian companies leading the digital transformation of Indias economy. The funds underlying index is composed of diversified firms of all-caps, which derive at least 50% of their revenue from operations in the fields of technology, telecommunications, and internet applications, including software, hardware, information technology services and consulting, communications equipment and infrastructure, and e-commerce. Specifically, the top 10 telecommunications services companies in India by revenue are eligible for inclusion in the index due to the nature of support these companies provide to digital transformation. All other securities in the investable universe are sorted and ranked in terms of market-cap with the top 90% included in the index, with conditional adjustments so constituents total 35. The companies are then weighted by market-cap with single security capping at 8%. The index is reconstituted and rebalanced quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Transportation
Finance
Communications
Stocks100.01%
Technology Services49.30%
Transportation11.96%
Finance11.65%
Communications10.70%
Energy Minerals7.67%
Electronic Technology4.72%
Commercial Services3.04%
Distribution Services0.61%
Retail Trade0.35%
Bonds, Cash & Other−0.01%
Cash−0.01%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DGIN invests in stocks. The fund's major sectors are Technology Services, with 49.30% stocks, and Transportation, with 11.96% of the basket. The assets are mostly located in the Asia region.
DGIN top holdings are Bharti Airtel Limited and Reliance Industries Ltd Sponsored GDR 144A, occupying 8.22% and 7.67% of the portfolio correspondingly.
DGIN last dividends amounted to 0.09 USD. The year before, the issuer paid 0.27 USD in dividends, which shows a 205.78% decrease.
DGIN assets under management is 18.60 M USD. It's risen 0.11% over the last month.
DGIN fund flows account for −7.18 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
DGIN shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Feb 15, 2022, and its management style is Passive.
DGIN expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
DGIN follows the MVIS Digital India. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DGIN invests in stocks.
DGIN price has fallen by −0.33% over the last month, and its yearly performance shows a −7.53% decrease. See more dynamics on DGIN price chart.
NAV returns, another gauge of an ETF dynamics, showed a −1.35% decrease in three-month performance and has decreased by −7.49% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −1.35% decrease in three-month performance and has decreased by −7.49% in a year.
DGIN trades at a premium (0.55%) meaning the ETF is trading at a higher price than the calculated NAV.