Ishares S&p India Nifty 50 Index Fund

ishares india 50 etf, formerly ishares s&p india nifty 50 index fund, seeks investment results that correspond generally to the price and yield performance of the s&p cnx nifty index (the index). the index measures the equity performance of the top 50 companies by market capitalization that trade in the indian market. the fund invests in a representative sample of securities included in the index that collectively has an investment profile similar to the index. due to the use of representative sampling, the fund may or may not hold all of the securities that are included in the index. the fund’s investment advisor is blackrock fund advisors, which is indirectly owned by blackrock, inc.