iShares has launched the S&P India Nifty 50 Index Fund (INDY).

The new fund tracks a rupee-denominated index designed to measure the performance of the 50 largest and most liquid companies in the Indian equity market that are available to international investors.

Top holdings include Reliance HoldingsInfosys TechnologiesICICI Bank and Larsen & Toubro Ltd. The net expense ratio is 0.89%.

For more ETF investing choices, see the country ETF directory or the special report Investing in India with Exchange Traded Funds.