Finally an Exchange Traded Fund (ETF) focusing on India

WisdomTree now has an Exchanged Traded Fund (ETF) that focuses on Indian Investments. The ticker is "EPI"

Expense Ratio is 0.88%

Top Ten Holdings include (as of March 3, 2008)

1. Reliance Industries (13.18%)
   
2. Oil and Natural Gas Corporation (6.39%)
   
3. Infosys Technologies (5.43%)
   
4. Bharti Airtel Limited (3.75%)
   
5. Housing Development Finance (3.18%)
   
6. ICICI Bank Ltd (3.14%)
   
7. SAIL (2.40%)
   
8. Sterlite Industries (2.31%)
   
9. Tata Steel Limited (2.25%)
   
10. Indian Oil Corporation (1.99%)
    

There are a total of 146 Components in the Index.

Top Sectors:

1. Energy (25.05%)
   
2. Materials (15.86%)
   
3. Software and Services (11.78%)
   
4. Banks (10.67%)
   
5. Capital Goods (7.43%)
   
6. Utilities (5.79%)
   
7. Telecom Services (5.69%)
   
8. Automobiles and Components (4.00%)
   
9. Pharma, Biotech and Life Sciences (3.74%)
   
10. Food, Beverage, and Tobacco (2.40%)
    

WisdomTree does not use market cap weighted ETFs. Instead, WisdomTree weights the index based on dividends or earnings.

If you want to invest directly in some Indian Companies in the United States, you can check these resources.