I am trying to compare [FLIN](https://www.franklintempleton.com/investments/options/exchange-traded-funds/products/26348/SINGLCLASS/franklin-ftse-india-etf/FLIN) and this newly launched [IND](https://etf.dws.com/en-us/IND-nifty-500-india-etf/) ETF.
The reasoning for investing in Indian ETF is there is a possibility of me retiring in India in the distant future. I have read that you should have a tilt towards where you will be spending your investment return in the future. For example, VEQT / XEQT / ZEQT have a Canada bias.
While FLIN is well established with $2.85B in AUM, IND is brand new (only started in Nov 2025) with AUM of only $4.97M. Both have same MER 0.19%.
I am interested in IND because it seems to an Indian equivalent of SP500 / diversity of underlying stocks. However, the newness troubles me and seems like the buy sell spread on IND is also quite high. It is also from a company I have never heard of. The MER on [INDA](https://www.ishares.com/us/products/239659/ishares-msci-india-etf) is much higher at 0.62%. And the Canadian [XID](https://www.blackrock.com/ca/investors/en/products/239732/ishares-india-index-etf) MER is insane at 0.99%.
FLIN has about half the stock tickers present in IND. However, is IND actually better in the long run because it is potentially a more diverse investment?