ATLASiShares MSCI India Small-Cap ETF (SMIN): outlook, holdings and fees
iShares MSCI India Small-Cap ETF (SMIN) is an exchange-traded fund and is managed by iShares. The expense ratio is 0.78% and the yield is 0.00%. The ten largest holdings are 11% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on SMIN
| Last price | $67.96 (+1.8%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 54% |
| Likely 1-month range (50%) | $66.04 – $70.54 |
| Normal 1-day range (±1σ) | ±1.1% |
| Distribution yield | 0.00% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
SMIN fund facts
| Issuer | iShares |
|---|---|
| Theme | India |
| Assets under management | $696M |
| Expense ratio | 0.78% |
| Number of holdings | 451 |
| Portfolio turnover | 144% |
| Inception | Feb 8, 2012 |
| Exchange | CBOE |
The fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The index is designed to measure the performance of equity securities of small-capitalization companies in the equity market in India.
SMIN top holdings
| Holding | Sector | Weight |
|---|---|---|
| Coforge Limited COFORGE | Technology | 1.74% |
| EMBASSY OFFICE PARKS REIT UNITS EMBASSY | – | 1.17% |
| Sona BLW Precision Forgings Limited SONACOMS | Consumer Cyclical | 1.00% |
| Max Financial Services Limited MFSL | Financial Services | 1.08% |
| Radico Khaitan Limited RADICO | Consumer Defensive | 0.99% |
| Glenmark Pharmaceuticals Limited GLENMARK | Healthcare | 0.98% |
| Apar Industries Limited APARINDS | Industrials | 0.93% |
| KEI Industries Limited KEI | Industrials | 0.90% |
| Navin Fluorine International Limited NAVINFLUOR | Basic Materials | 0.88% |
| IPCA Laboratories Limited IPCALAB | Healthcare | 0.85% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
SMIN sector breakdown
| Sector | Weight |
|---|---|
| Industrials | 21.7% |
| Consumer Cyclicals | 15.9% |
| Financial Services | 15.6% |
| Healthcare | 13.3% |
| Basic Materials | 10.9% |
| Technology | 10.3% |
| Consumer Defensive | 4.2% |
| Real Estate | 3.7% |
| Utilities | 2.0% |
| Communication Services | 1.4% |
| Energy | 1.1% |
By region: Asia Emerging 100.0%.
SMIN returns and risk
| Year to date | -2.1% |
|---|---|
| 1 year | -3.7% |
| 3 years (annualised) | +5.3% |
| 5 years (annualised) | +4.1% |
| 10 years (annualised) | +7.8% |
| Volatility (3 years) | 18.4% |
| Sharpe ratio (3 years) | 0.17 |
Past returns do not guarantee future results.
SMIN: frequently asked questions
What does SMIN invest in?
iShares MSCI India Small-Cap ETF invests in a portfolio of securities. Its largest holdings are Coforge Limited (1.7%), EMBASSY OFFICE PARKS REIT UNITS (1.2%), Sona BLW Precision Forgings Limited (1.0%), Max Financial Services Limited (1.1%), Radico Khaitan Limited (1.0%).
What is the SMIN expense ratio?
0.78% a year: about $78.00 for every $10,000 invested.
What is the SMIN dividend yield?
0.00%. ATLAS does not hold the exact distribution dates for ETFs.
Will SMIN go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 54%, with a likely range (50%) of $66.04 to $70.54 from $67.96 today. It is a probability, not a prediction.
How has SMIN performed?
Year to date -2.1%, one year -3.7%, three years +5.3% a year, five years +4.1% a year. Past returns do not guarantee future results.
Similar ETFs: India
Educational information, not investment advice. Disclaimer