ETF Evaluator:
Franklin FTSE India ETF (FLIN)
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(as of Aug 04)
Best Performing in India Equity Over the Last Year
| -1.1% | Matthews India Active ETF (INDE) |
| -3.2% | VanEck India Growth Ldrs ETF (GLIN) |
| -5.1% | Simplify Tara India Opportunities ETF (IOPP) |
| -7.0% | iShares MSCI India Small-Cap ETF (SMIN) |
| -7.5% | WisdomTree India Hedged Equity (INDH) |
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ETF Details
Franklin FTSE India ETF Overview
Franklin FTSE India ETF (FLIN) is a passively managed International Equity India Equity exchange-traded fund (ETF). Franklin Templeton Investments launched the ETF in 2018.
The investment seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the FTSE India RIC Capped Index (the FTSE India Capped Index).
Under normal market conditions, the fund invests at least 80% of its assets in the component securities of the FTSE India Capped Index and in depositary receipts representing such securities. The FTSE India Capped Index is based on the FTSE India Index and is designed to measure the performance of Indian large- and mid-capitalization stocks. The fund is non-diversified.
About Franklin FTSE India ETF (FLIN)
There are 4 members of the management team with an average tenure of 5.71 years: Hailey Harris (2019), Dina Ting (2018), Basit Amin (2022) and Joe Diederich (2022). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: FTSE India NR USD index with a weighting of 100% and FTSE India RIC Capped NR USD index with a weighting of 100%. Franklin FTSE India ETF has 283 securities in its portfolio. The top 10 holdings constitute 29.5% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
Franklin FTSE India ETF is part of the Equity global asset class and is within the International Equity ETF group. Franklin FTSE India ETF has 98.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 98.9% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Franklin FTSE India ETF has 1.1% of the portfolio in cash.
Assets Under Management
The fund has $2 billion in total assets, which is above the $730 million average for the India Equity category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FLIN Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Franklin FTSE India ETF expense ratio is low compared to funds in the India Equity category. Franklin FTSE India ETF has an expense ratio of 0.19%, which is 72% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Franklin FTSE India ETF has a portfolio turnover rate of 14%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 35% for the India Equity category.
Recently, in the month of June 2026, Franklin FTSE India ETF returned 1.2%, which earned it a grade of D, as the India Equity category had an average return of 1.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
Franklin FTSE India ETF has a trailing yield of 0.43%, which is below the 0.84% category average.
The fund normally distributes its income semi-annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Franklin FTSE India ETF Grades
Year to date, the ETF has returned -8.4%, 0.4 percentage points worse than the category, which translates into a grade of C. The fund has returned -10.8% over the past year (grade of D), 5.8% over the past three years (grade of C) and 4.8% per year over the past five years (grade of D).
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FLIN Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FLIN Return (NAV) | 1.2% | 9.5% | -10.8% | 5.8% | 4.8% | na |
| FLIN Return (Price) | 1.8% | 7.1% | -10.3% | 5.8% | 4.9% | na |
| NAV +/- Price Return | -0.664% | 2.448% | -0.490% | 0.031% | -0.052% | na |
| India Equity Avg | 1.9% | 11.4% | -10.3% | 5.8% | 5.0% | 7.3% |
| FLIN Grade (NAV) | D | C | D | C | D | na |
| +/- Category (NAV) | -0.7% | -1.8% | -0.6% | 0.1% | -0.2% | na |
| FLIN Tax-Cost Ratio | na | na | 0.2% | 0.4% | 0.4% | na |
FLIN Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FLIN Return (NAV) | -8.4% | 2.2% | 10.5% | 20.7% | -8.2% | 24.8% | 15.2% | 4.9% | na | na | na |
| FLIN Return (Price) | -7.8% | 2.4% | 10.3% | 20.6% | -8.0% | 25.0% | 14.6% | 4.8% | na | na | na |
| NAV +/- Price Ret | -0.063% | 0.080% | -0.013% | -0.006% | -0.028% | 0.007% | -0.040% | -3.3% | na | na | na |
| India Equity Avg | -7.9% | 0.7% | 12.4% | 26.7% | -9.8% | 26.5% | 13.6% | -0.2% | -13.5% | 44.0% | 0.8% |
| FLIN Grade (NAV) | C | B | C | F | C | C | B | B | na | na | na |
| +/- Category | -0.4% | 1.6% | -2.0% | -6.0% | 1.7% | -1.7% | 1.6% | 5.1% | na | na | na |
| Risk Measures | |
| Beta: | 0.60 |
| R-Squared: | 30% |
| Standard Deviation: | 15.3% |
| Category Risk Index: | 0.93 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 1.26 |
| Total Risk Rating: | Average |
| Portfolio Characteristics | |
| Yield: | 0.4% |
| Total Assets: | $ 2,722 Mil |
| Share Class Assets: | $ 2,722 Mil |
| Turnover: | 14.0% |
| Expense Ratio: | 0.19% |
| Index Fund: | Yes |
| Index Tracked: | FTSE India NR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Semi-Annually |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 8.4 years | |||
| Average Tenure: 5.7 years | |||
| Managers (Year): Ting Dina (2018), Harris Hailey (2019), Amin Basit (2022), Diederich Joe (2022) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 283 |
| % in Top 10 Holdings: | 29.5% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 98.9% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 98.9% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | Franklin Templeton Investments |
| Phone Number: | 800-342-5236 |
| Website: | etf.franklintempleton.com |
| Inception Date: | February 6, 2018 |
Expenses and Fees
| Expense Ratio (%): | 0.19% (Rating: Low) |
| Category Average Expense Ratio (%): | 0.69% |
