EGShares, an emerging markets sector exchange-traded fund provider, has presented an India small cap ETF, the first ETF that offers investors access to small capitalisation companies in the world’s largest democracy. The Emerging Global Shares Indxx India Small Cap Index Fund invests in 75 publicly traded companies with market capitalisations between USD100m and USD2bb and is designed to track the performance of the Indxx India Small Cap Index.“We’re very excited about launching the world’s first India small cap ETF,” says Robert Holderith, president and chief executive of EGShares. “We believe that until today, India exposure through ETFs has been limited and the offerings have been very similar. With almost zero overlap in holdings versus the current ETF offerings and a meaningfully different industry allocation, our fund attempts to provide exposure to some of the fastest growing companies in one of the world’s fastest growing economies.”