INDY Fees and Costs — iShares India 50 ETF
Data updated: 2026-08-24
The net expense ratio is 0.65%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $146K in broker commissions, 0.0221% of average net assets, and portfolio turnover was 17%.
INDY Fees and Expenses
Annual operating expenses and sales charges of INDY. Prospectus, as of March 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.65% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| 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 |
INDY Costs Over Time
On $10,000 invested in INDY, assuming 5% a year before costs, total costs come to $423 over 5 years, cutting the return by 0.71% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $2 | $7 | $13 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $232 | $423 |
| Value after costs | $10,429 | $11,344 | $12,340 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
INDY Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0221%
- Total broker commissions: $146K
- Bought from dealers (principal trades, not a cost): $391.1M
- Portfolio turnover (prospectus): 17%
- Securities lending: none during the year
INDY Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS Securities LLC | $31K | 22.37% |
| J.P. Morgan Securities LLC | $27K | 19.44% |
| BofA Securities, Inc. | $21K | 15.02% |
| Macquarie Capital (USA) Inc. | $15K | 10.95% |
| Goldman Sachs & Co. LLC | $10K | 6.97% |
| Instinet, LLC | $9K | 6.69% |
| BNP Paribas Securities Corp. | $8K | 5.95% |
| Wells Fargo Securities, LLC | $7K | 4.81% |
| Morgan Stanley & Co. LLC | $6K | 4.31% |
| Jefferies LLC | $5K | 3.50% |
INDY Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BlackRock Funds III - BlackRock Cash Funds: Treasury | $391.1M | 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.