INQQ India Internet UCITS ETF - Accumulating
| Issuer: HANetf |
| Asset Class: Equity |
| TER: 86bps |
| Trading Currency: GBX |
| Pays Income: False |
| Listing Date: 16 Nov 2023 |
| Ticker: INQP |
| ISIN: IE000WYTQSF9 |
This investment offers a focused approach to India's burgeoning digital economy, a structural growth story driven by powerful demographic and technological tailwinds. With a young population of over 1.4 billion, rapidly increasing smartphone penetration, and some of the world's most affordable mobile data, the country presents a fertile landscape for internet-based businesses. Government initiatives like 'Digital India' are further accelerating this transformation, creating a supportive ecosystem for companies engaged in e-commerce, digital payments, online services, and social media. The strategy is designed to capture the performance of companies positioned to benefit from the ongoing shift in consumer behavior, as more of the economy moves online.
The portfolio provides targeted exposure to key segments of the Indian internet space, including online retail, food delivery, travel and hospitality, and digital entertainment. These sectors are capitalizing on the rising disposable incomes of a growing middle class that is increasingly embracing the convenience and choice offered by digital platforms. By investing in a basket of these innovative companies, the fund aims to harness the high-growth potential of India's next-generation economy. It offers a pure-play route to participate in the value creation of businesses that are fundamentally reshaping how Indian consumers and enterprises interact and transact.
Tapping into this theme allows for participation in one of the world's most dynamic and fast-growing markets. The strategy focuses on asset-light, scalable business models that are disrupting traditional industries and establishing new digital ecosystems. While single-country and thematic investments carry specific risks, this approach provides a unique opportunity to gain exposure to the digital leaders and emerging disruptors in an economy that is still in the early stages of its digital journey, suggesting a long runway for potential growth as internet adoption and digital consumption continue to expand across the subcontinent.
