What is INDI's expense ratio?

Chimera S&P India Shariah ETF charges a net expense ratio of 1.00%.

How large is Chimera S&P India Shariah ETF?

INDI holds 22.05M AED in assets under management.

What index does INDI track?

Chimera S&P India Shariah ETF tracks S&P India Shariah Liq 35/20 Cpd as its primary benchmark.

When did INDI launch?

Chimera S&P India Shariah ETF launched on January 26, 2024.

What currency does INDI trade in?

INDI trades in AED on ABU Dhabi Securities Exchange.

Chimera S&P India Shariah ETF

Compare

INDI AEExchange-Traded Fund

2.81 AED

India Equity India Shariah-compliant

Compare

About this fund

Chimera S&P India Shariah ETF (INDI) is a Country - India (Shariah) ETF managed by Lunate, listed on ABU Dhabi Securities Exchange, quoted in AED. It charges a 1.00% net expense ratio and holds 22.05M AED in assets as of Oct 5, 2026. The fund launched on Jan 26, 2024.

A Shariah-compliant exchange-traded fund regulated by the UAE's Securities and Commodities Authority (SCA) that tracks the S&P India Shariah Liquid 35/20 Capped Index. The index measures the performance of the 30 largest Shariah-compliant constituents of the S&P India BMI Shariah universe, applying Islamic finance screens across one of the world's most dynamic equity markets. India's market includes major sectors such as information technology, pharmaceuticals, consumer goods, and financial services. Income received by the fund is distributed to investors on a semi-annual basis, when available.

Benchmark: S&P India Shariah Liq 35/20 Cpd
Advisor: Lunate Capital Limited
Distribution: Semi-Annually

AUM: 22.05M AED
Expense Ratio: 1.00%
Yield (12-mo): 0.20%
Morningstar Rating
Benchmark: S&P India Shariah Liq 35/20 Cpd
52-Week Range: 2.80 – 3.60 AED
Avg Daily Vol: 9.8K
Inception: Jan 26, 2024

NAV & premium/discount

as of Oct 5, 2026

NAV

2.76 AED

Premium / Discount

+1.96%

Median Prem/Disc (1Y)

—

52-Wk NAV High

—

52-Wk NAV Low

—

Premium/discount is how far the market price trades above (+) or below (−) the fund's net asset value (reported in AED).

Risk metrics

vs benchmark S&P India Shariah Liq 35/20 Cpd

3-year risk statistics are not currently available for this fund.

Risk statistics are 3-year, month-end-based.

Trailing returns

As of Oct 5, 2026

+0.36%

—

-6.95%

-6.33%

-4.75%

YTD

-19.94%

-15.36%

3Y ann.

—

5Y ann.

—

10Y ann.

—

Calendar-year returns

Morningstar daily closes

Trading & liquidity

as of Jun 30, 2026

Avg Vol (1W)

600

Avg Vol (1M)

25.3K

Avg Vol (3M)

9.8K

Avg Vol (1Y)

3.4K

Avg Spread

0.000%

Average daily share volume over each trailing window. Spread is the average bid-ask spread as a percentage of price — lower means cheaper to trade.

Top 10 holdings

Source: Morningstar

Fees & expenses

Net expense

1.00%

Management fee

1.00%

Classification

Shariah-compliant

Category: Equity – Single Country India Equity
Asset class: Equity
Strategy: Passive
Country: India Emerging Markets
Issuer: Lunate

Browse all India Equity ETFs Compare in screener

Similar ETFs

Funds sharing the same category or exposures.

TURKIAE
Chimera S&P Turkey Shariah ETF
Same group · Same region · Shariah
$9.17M--
CHHKAE
Chimera S&P China HK Shariah ETF
Same group · Same region · Shariah
$4.25M1.00%-24.80%
9410SA(ALBIHKCH)
Albilad CSOP MSCI Hong Kong China Equity ETF
Same group · Same region · Shariah
$1.31B0.750%-0.79%
NDIAUS
Global X India Active ETF
Same category · Same country · Same region
$47.71M0.750%-13.25%
CHADX15AE
Chimera FTSE ADX 15 ETF
Same group · Shariah
$64.80M1.00%+2.20%
CHAEAE
Chimera S&P UAE UCITS ETF
Same group · Shariah
$40.51M--

Frequently asked questions

What is INDI's expense ratio?: Chimera S&P India Shariah ETF charges a net expense ratio of 1.00%.
How large is Chimera S&P India Shariah ETF?: INDI holds 22.05M AED in assets under management.
What index does INDI track?: Chimera S&P India Shariah ETF tracks S&P India Shariah Liq 35/20 Cpd as its primary benchmark.
When did INDI launch?: Chimera S&P India Shariah ETF launched on January 26, 2024.
What currency does INDI trade in?: INDI trades in AED on ABU Dhabi Securities Exchange.

News & analysis on INDI

Markets

GRMNY tops ADX ETF board on 318 times normal volume as turnover climbs 26.0%. ADX market wrap for September 23, 2026

The Lunate S&P Germany UCITS ETF led Abu Dhabi's fund board by value on Wednesday, trading AED 3.67m at 318.84 times its seven-day average, as international country trackers displaced the home-market CHADX15, which fell 0.79%. Exchange-wide turnover rose to AED 1.39bn, though AED 61.49m more value crossed at the bid than at the ask.

September 23, 2026

Markets

JPANI tops ADX ETF board at 10 times normal volume as exchange turnover falls 28%. ADX market wrap for September 4, 2026

The Lunate S&P Japan ETF led the ADX fund board on Friday, trading AED 161.4k at 10.16 times its seven-day average volume while closing 1.04% higher. Ten of 19 measured ETFs advanced, but the burst of Japan-fund activity came against a quieter exchange, with turnover 28.0% below Thursday's AED 1.34bn.

September 4, 2026

Markets

TURKI trades near nine times normal volume as 12 of 19 ADX ETFs fall. ADX market wrap for September 2, 2026

The Lunate S&P Turkey Shariah ETF was Wednesday's standout volume signal on ADX, trading 8.97 times its seven-day average as ETF breadth stayed heavily negative for a second session. Equities were no better, with 45 of 69 measured names closing lower, though BILDCO extended its run with another 4.98% gain.

September 2, 2026