Name of ETF: Direxion Daily India Bull 3X Shares
Benchmark Index: Indus India Index
Ticker Symbol: INDL
Approximate Number of Stocks in this ETF: 50
Types of Stocks Included in this ETF: Large-sized companies from India. Examples of large-cap companies include:
- Infosys Ltd.
- Oil and Natural Gas Corp.
- Housing Development Finance Corp.
- Reliance Industries
- Hindustan Unilever
- Tata Consultancy Services
Leveraged ETF: This ETF attempts to produce leveraged daily returns above the benchmark index results based on a multiplier. In the case of this ETF, the multiplier is 3x (300%) which means the ETF is seeking results equal to 300% of the benchmark index performance.
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