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AI Funds High Conviction US Equity AI-Managed ETF

HIAI

US
$25.210.13% (-0.03)
High
Low
Returns
1D
1W
1M
1Y
5Y
Max
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1D
1W
1M
1Y
5Y
Max

US ETF

Others

Others

Invests in other segment

Key Metrics

Key Metrics

Expense Ratio
Expense Ratio

The operating and administrative costs of running the fund measured as the percentage of fund assets

AUM
AUM

Current market value of the ETF scheme managed by the Asset Management Company

Beta
Beta

Sensitivity of the stock's price relative to the country's key indices over the last 5 years

0
Volatility (3Y)
Volatility (3Y)

The annualized standard deviation of the ETF's returns calculated over the last 3 years

ETF Profile

Peers

Peers

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Top Holdings

Top Holdings

  • Name
    Holdings
    Sector
  • Apple Inc.
    Sector: Technology
    Holdings7.65 %
    Apple Inc.
    AAPL

    Holdings

    7.65 %

    Technology
  • Millicom International Cellular SA
    Sector: Communication Services
    Holdings6.11 %
    Millicom International Cellular SA
    TIGO

    Holdings

    6.11 %

    Communication Services
  • Fortinet Inc
    Sector: Technology
    Holdings5.89 %
    Fortinet Inc
    FTNT

    Holdings

    5.89 %

    Technology
  • ASE Industrial Holding Co Ltd ADR
    Sector: Technology
    Holdings5.66 %
    ASE Industrial Holding Co Ltd ADR
    ASX

    Holdings

    5.66 %

    Technology
  • Cardinal Health Inc
    Sector: Healthcare
    Holdings5.09 %
    Cardinal Health Inc
    CAH

    Holdings

    5.09 %

    Healthcare
  • Elbit Systems Ltd
    Sector: Industrials
    Holdings5.06 %
    Elbit Systems Ltd

    Holdings

    5.06 %

    Industrials
  • Alphabet Inc Class A
    Sector: Communication Services
    Holdings4.91 %
    Alphabet Inc Class A
    GOOGL

    Holdings

    4.91 %

    Communication Services
  • Ross Stores Inc
    Sector: Consumer Cyclical
    Holdings4.20 %
    Ross Stores Inc
    ROST

    Holdings

    4.20 %

    Consumer Cyclical
  • Lumentum Holdings Inc
    Sector: Technology
    Holdings3.75 %
    Lumentum Holdings Inc
    LITE

    Holdings

    3.75 %

    Technology
  • Revolution Medicines Inc
    Sector: Healthcare
    Holdings3.73 %
    Revolution Medicines Inc
    RVMD

    Holdings

    3.73 %

    Healthcare

Frequently asked questions

Frequently asked questions

  1. AI Funds High Conviction US Equity AI-Managed ETF (HIAI) is currently trading at $25.21. You can also track daily change, historical performance, trading volume and other key ETF details on this page.

  2. Indian investors can buy AI Funds High Conviction US Equity AI-Managed ETF (HIAI) by opening a US investing account through a platform that provides access to US stocks and ETFs, completing the required verification, transferring funds under the Liberalised Remittance Scheme (LRS), and placing an order in USD.

  3. Yes, Indian residents and NRIs can invest in AI Funds High Conviction US Equity AI-Managed ETF (HIAI) through platforms that offer access to US-listed stocks and ETFs, subject to applicable regulations, including RBI’s Liberalised Remittance Scheme (LRS) guidelines.

  4. The expense ratio of AI Funds High Conviction US Equity AI-Managed ETF (HIAI) is N/A. It represents the annual operating cost charged by the ETF provider for managing the fund and tracking its underlying index.

  5. AI Funds High Conviction US Equity AI-Managed ETF (HIAI)’s top holdings currently include Apple Inc., Millicom International Cellular SA, and Fortinet Inc. The ETF’s complete holdings list, allocation and sector exposure are available in the Holdings section on this page.

  6. Many platforms offering US ETF investing allow fractional investing, enabling Indian investors to buy a portion of AI Funds High Conviction US Equity AI-Managed ETF (HIAI) instead of a full share. This allows investment based on a fixed dollar amount.

  7. Gains from AI Funds High Conviction US Equity AI-Managed ETF (HIAI) are generally taxed in India based on the applicable holding period and tax rules. Dividends may be subject to US withholding tax and Indian taxation rules. The final tax treatment depends on individual circumstances.

  8. Remittances under the Liberalised Remittance Scheme (LRS) for overseas investments, including US ETFs like AI Funds High Conviction US Equity AI-Managed ETF (HIAI), may attract TCS above specified thresholds. Applicable rates and limits are determined by government regulations and may change over time.

  9. AI Funds High Conviction US Equity AI-Managed ETF (HIAI)’s current assets under management (AUM) are N/A. AUM represents the total market value of assets managed by the ETF and indicates the size of the fund.

  10. AI Funds High Conviction US Equity AI-Managed ETF (HIAI)’s NAV represents the per-unit value of the ETF’s underlying holdings after adjusting for expenses and liabilities. It is calculated once daily after markets close and may differ from the ETF’s live market price.

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