Xtrackers Nifty 500 India ETF(NASDAQ:IND)

IND aims to closely match the performance of the Nifty 500 index, which tracks the top 500 companies listed on the National Stock Exchange of India (NSE) across large-, mid-, and small-cap segments. The fund uses a passive approach, through representative sampling-investing in a selection of securities that reflect the Index's profile rather than holding every component. To be considered, companies must be India-domiciled, trade on the NSE, rank among the top 800 by market capitalization and turnover, have at least 10% free float, and satisfy liquidity and trading frequency criteria. The top 500 companies by six-month average daily full market capitalization are chosen, with their weights in the Index based on free-float market capitalization. The Index is updated semi-annually, with changes in March and September, and may also be reconstituted in special cases such as mergers or regulatory issues. Quarterly screenings ensure compliance with regulatory norms.