The index is designed to measure the performance of the large- and mid-capitalization segments of the Indian equity market, covering approximately 85% of the Indian equity universe. The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, securities of the index, and exchange-traded funds (ETFs) that track the index, that, in combination, provide 2X daily leveraged exposure to the index, consistent with the fund's investment objective. It is non-diversified.
Frequently asked questions
What is the Direxion Daily MSCI India Bull 2x Shares (INDL) expense ratio?
The Direxion Daily MSCI India Bull 2x Shares funds expense ratio is 1.29%.
What is Direxion Daily MSCI India Bull 2x Shares (INDL) current stock price?
As of the latest data, Direxion Daily MSCI India Bull 2x Shares stock price is $39.10, with a previous close of $38.90. Direxion Daily MSCI India Bull 2x Shares gained $0.20 in the last trading session, representing a 0.51% increase.
Does Direxion Daily MSCI India Bull 2x Shares (INDL) pay dividends?
Yes. Direxion Daily MSCI India Bull 2x Shares pays quarterly dividends with an annualized yield of 1.32% and an estimated annual payout of $0.52 per share.
