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GRINAU VanEck India Growth Leaders ETF Please read important information Close important disclosure false

    • GRIN
    VanEck India Growth Leaders ETF

    GRIN
    VanEck India Growth Leaders ETF

    • NAV
      $19.16

      as at 31-Aug-26
    • Total Net Assets
      $15.36M
    • Dividend Frequency
      1 each year
    • Management fee (p.a.)
      0.75%
    • Number of securities
      51
    • Inception Date
      22-Apr-25
    GRIN

    Overview

    Fund description

    GRIN gives investors a portfolio of fundamentally sound companies in India with the best growth at a reasonable price (GARP) attributes. GRIN aims to provide investment returns, before fees and other costs, which track the performance of the Index.

    Why consider GRIN?

    Tap Into India’s Economic Acceleration

    Gain exposure to a dynamic mix of companies driving one of the world’s fastest-growing economies, powered by a rising middle class, digital transformation and long-term structural reform.

    Smart Growth, Sensible Value

    Employing a disciplined GARP (Growth at a Reasonable Price) strategy, the ETF targets Indian companies with strong fundamentals and attractive valuations, identified using MarketGrader’s proprietary methodology.

    High-Conviction, Quality-Focused Portfolio

    Access 50 equally weighted Indian equities selected for their financial health, growth potential and valuation discipline - designed to balance opportunity with resilience.

    Who is TICKER suitable for?

      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 7 years, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a minor or satellite allocation within a portfolio, has no investment timeframe, and has a high or very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth, is intending to use the product as a satellite allocation within a portfolio, has no minimum investment timeframe, and has an extremely high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking a regular income distribution, is intending to use the product as a minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital preservation and a regular income distribution, is intending to use the product as a standalone solution, major, core, minor or satellite allocation within a portfolio, has no investment timeframe and has a low risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 3 years, and has a medium risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a standalone solution or major, core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high to very high risk/return profile.
      is likely to be appropriate for a consumer who is seeking capital growth and a regular income distribution, is intending to use the product as a core, minor or satellite allocation within a portfolio, has an investment timeframe of at least 5 years, and has a high risk/return profile.

    Performance

    Holdings & allocations

    All holdings (%) as at 01-Sep-26 Download all holdings

    No. of holdings: 51
    Holding name
    Ticker
    No. of securities held
    Market value
    % of Fund net
    assets
    Welspun Corp Ltd WLCO IN 22,441 786,617 5.12
    Td Power Systems Ltd TDPS IN 44,660 508,723 3.31
    Netweb Technologies India Ltd NETWEB IN 5,477 416,614 2.71
    Lloyds Metals & Energy Ltd LLOYDSME IN 15,550 409,109 2.66
    Spr Auto Technologies Ltd SHRIPIST IN 6,012 406,243 2.65
    Sai Life Sciences Ltd SAILIFE IN 18,015 385,513 2.51
    Acutaas Chemicals Ltd ACUTAAS IN 8,172 378,651 2.47
    Premier Energies Ltd PREMIERE IN 24,348 369,905 2.41
    Nippon Life India Asset Management Ltd NAM IN 20,758 356,751 2.32
    Data Patterns India Ltd DATAPATT IN 5,290 350,655 2.28
    Engineers India Ltd ENGR IN 91,050 349,548 2.28
    Eclerx Services Ltd ECLX IN 11,596 336,074 2.19
    Zydus Lifesciences Ltd ZYDUSLIF IN 19,723 335,783 2.19
    Inventurus Knowledge Solutions Ltd IKS IN 13,038 331,495 2.16
    Polycab India Ltd POLYCAB IN 2,357 326,365 2.13
    Jammu & Kashmir Bank Ltd/The JKBK IN 150,653 326,168 2.12
    Ajanta Pharma Ltd AJP IN 6,069 320,472 2.09
    Bank Of Maharashtra BOMH IN 264,744 318,531 2.07
    Hindustan Aeronautics Ltd HNAL IN 4,506 317,189 2.07
    Trent Ltd TRENT IN 7,351 310,360 2.02
    Ge Vernova T&D India Ltd GVTD IN 4,724 307,852 2.00
    Authum Investment & Infrastucture Ltd AIIL IN 37,435 307,826 2.00
    Suzlon Energy Ltd SUEL IN 439,238 305,997 1.99
    Nmdc Ltd NMDC IN 228,523 295,488 1.92
    Transformers & Rectifiers India Ltd TARIL IN 62,998 289,815 1.89
    Aditya Birla Sun Life Asset Management ABSLAMC IN 18,659 287,715 1.87
    Eicher Motors Ltd EIM IN 2,416 281,706 1.83
    Hdfc Asset Management Co Ltd HDFCAMC IN 7,183 276,119 1.80
    International Gemmological Institute In IGIL IN 55,063 275,228 1.79
    Kfin Technologies Ltd KFINTECH IN 19,272 274,056 1.78
    Union Bank Of India UNBK IN 97,726 270,248 1.76
    National Aluminium Co Ltd NACL IN 46,833 261,932 1.71
    Waaree Energies Ltd WAAREEEN IN 6,856 261,830 1.71
    Bharti Airtel Ltd BHARTI IN 9,839 261,352 1.70
    Hbl Power Systems Ltd HBLENGIN IN 26,594 256,284 1.67
    Hindustan Copper Ltd HCP IN 33,166 255,437 1.66
    Hero Motocorp Ltd HMCL IN 3,188 254,716 1.66
    Bls International Services Ltd BLSIN IN 72,133 254,389 1.66
    State Bank Of India SBIN IN 16,370 254,388 1.66
    Lupin Ltd LPC IN 7,789 249,891 1.63
    Muthoot Finance Ltd MUTH IN 5,545 242,093 1.58
    Bank Of India BOI IN 116,581 241,992 1.58
    Bharat Electronics Ltd BHE IN 39,293 238,742 1.55
    Canara Bank CBK IN 127,971 238,075 1.55
    Idbi Bank Ltd IDBI IN 176,727 235,458 1.53
    Bank Of Baroda BOB IN 61,842 216,319 1.41
    Natco Pharma Ltd NTCPH IN 17,520 216,137 1.41
    Indiamart Intermesh Ltd INMART IN 8,353 214,961 1.40
    Force Motors Ltd FML IN 818 210,173 1.37
    Sharda Cropchem Ltd SHCR IN 17,676 198,730 1.29
    Genus Prime Infra Ltd GENP IN 9,484 5,634 0.04
    Other/Cash --   -25,013 -0.16
    Total 100.00
    These are not recommendations to buy or to sell any security.

    Dividends

    Election of Dividend Reinvestment Plan (DRP)

    You can elect DRP by logging into MUFG’s Investor Centre. Once you are logged in, please proceed to the “Payments and Tax” tab and select “Reinvestment Plans”.

    Documents & insights

    Research and resources

    Documents

    Market announcements

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