INDA Fees and Costs — iShares MSCI India ETF
Data updated: 2026-07-27
The net expense ratio is 0.61%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.3M in broker commissions, 0.0339% of average net assets, and portfolio turnover was 30%.
INDA Fees and Expenses
Annual operating expenses and sales charges of INDA. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.61% |
| Fee waiver | — |
| Net expense ratio | 0.61% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
INDA Costs Over Time
On $10,000 invested in INDA, assuming 5% a year before costs, total costs come to $406 over 5 years, cutting the return by 0.68% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.61%) | $64 | $201 | $349 |
| Trading costs (broker commissions) | $4 | $11 | $19 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $222 | $406 |
| Value after costs | $10,432 | $11,354 | $12,357 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
INDA Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0339%
- Total broker commissions: $3.3M
- Bought from dealers (principal trades, not a cost): $7.0B
- Portfolio turnover (prospectus): 30%
- Securities lending: none during the year
INDA Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $712K | 21.93% |
| UBS Securities LLC | $615K | 18.94% |
| BofA Securities, Inc. | $605K | 18.64% |
| Wells Fargo Securities, LLC | $332K | 10.24% |
| Goldman Sachs & Co. LLC | $288K | 8.86% |
| Citigroup Global Markets Inc. | $198K | 6.11% |
| Macquarie Capital (USA) Inc. | $186K | 5.74% |
| Morgan Stanley & Co. LLC | $138K | 4.25% |
| CLSA Americas, LLC | $117K | 3.60% |
| Jefferies LLC | $55K | 1.69% |
INDA Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $7.0B | 100.00% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.