Fixed Income
INGDX

iShares India INR Govt Bond UCITS ETF

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Important Information: The value of your investment and the income from it will vary and your initial investment amount cannot be guaranteed. Two main risks related to fixed income investing are interest rate risk and credit risk. This ETF aims to reduce the former whilst giving full exposure to the latter. Typically, when interest rates rise, there is a corresponding decline in the market value of bonds. Credit risk refers to the possibility that the issuer of the bond will not be able to repay the principal and make interest payments.



All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

Performance

This chart shows the product’s performance as the percentage loss or gain per year over the last 1 years against its benchmark. It can help you to assess how the product has been managed in the past and compare it to its benchmark.

20212022202320242025
Total Return (%) USD
2.8
Benchmark (%) USD
1.4

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. Performance data is based on the net asset value (NAV) of the ETF which may not be the same as the market price of the ETF. Individual shareholders may realize returns that are different to the NAV performance.

The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Risks

Credit risk, changes to interest rates and/or issuer defaults will have a significant impact on the performance of fixed income securities. Potential or actual credit rating downgrades may increase the level of risk.Emerging markets are generally more sensitive to economic and political conditions than developed markets. Other factors include greater 'Liquidity Risk', restrictions on investment or transfer of assets, failed/delayed delivery of securities or payments to the Fund and sustainability-related risks.Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political, sustainability-related or regulatory events.Fixed income securities issued or guaranteed by government entities in emerging markets generally experience higher ‘Credit Risk’ than developed economies.Counterparty Risk: The insolvency of any institutions providing services such as safekeeping of assets or acting as counterparty to derivatives or other instruments, may expose the Share Class to financial loss.Credit Risk: The issuer of a financial asset held within the Fund may not pay income or repay capital to the Fund when due.Liquidity Risk: Lower liquidity means there are insufficient buyers or sellers to allow the Fund to sell or buy investments readily.There is no assurance that uncertainties in Indian tax law will not negatively impact the Fund when they are clarified.

Key Facts

Net Assets
as of 30/Sept/2026
USD 93,072
Inception Date
28/Oct/2024
Share Class Currency
USD
Asset Class
Fixed Income
SFDR Classification
Other
Total Expense Ratio
0.40%
Distribution Frequency
Quarterly
Domicile
Ireland
Rebalance Frequency
Monthly
UCITS
Yes
Fund Manager
BlackRock Asset Management Ireland Limited
Custodian
State Street Custodial Services (Ireland) Limited
Bloomberg Ticker
INGDx I2
ISA Eligibility
Yes
Net Assets of Fund
as of 30/Sept/2026
USD 25,056,593
Fund Launch Date
08/Feb/2024
Base Currency
USD
Benchmark Index
Bloomberg Indian Government FAR Bond Index
Shares Outstanding
as of 30/Sept/2026
20,211
ISIN
IE000FFH8RQ1
Use of Income
Distributing
Product Structure
Physical
Methodology
Sampled
Issuing Company
iShares IV plc
Administrator
State Street Fund Services (Ireland) Limited
Fiscal Year End
31 May
SIPP Available
Yes
UK Reporting Status
Yes

Portfolio Characteristics

Number of Holdings
as of 29/Sept/2026
29
Benchmark Ticker
I37406US
Standard Deviation (3y)
as of -
-
Weighted Average YTM
as of 29/Sept/2026
7.19%
Weighted Avg Maturity
as of 29/Sept/2026
9.94
Benchmark Level
as of 30/Sept/2026
USD 119.96
12 Month Trailing Dividend Distribution Yield
as of 30/Sept/2026
7.87%
3y Beta
as of -
-
Weighted Avg Coupon
as of 29/Sept/2026
6.70
Effective Duration
as of 29/Sept/2026
5.93

Registered Locations

  • Austria

  • Denmark

  • Finland

  • France

  • Germany

  • Ireland

  • Italy

  • Luxembourg

  • Netherlands

  • Norway

  • Saudi Arabia

  • Spain

  • Sweden

  • United Kingdom

Holdings

Detailed Holdings and Analytics contains detailed portfolio holdings information and select analytics.

Exposure Breakdowns

% of Market Value as of
29/Sept/2026
Type
Fund
Treasury94.74
Government Related4.96
Cash and/or Derivatives0.30
Allocations are subject to change.

Listings

Exchange
Ticker
Currency
Listing Date
SEDOL
Bloomberg Ticker
RIC
Cboe EuropeINGDXUSD30/Oct/2024BS458F7INGDx I2INGDx.DXE

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If the Fund invests in any underlying fund, certain portfolio information, including sustainability characteristics and business-involvement metrics, provided for the Fund may include information (on a look-through basis) of such underlying fund, to the extent available.