{
    "type": "ETF",
    "ucits": true,
    "fund_name": "Franklin FTSE India UCITS ETF",
    "replication_method": "physical",
    "leverage": false,
    "derivatives": false,
    "swaps": false,
    "inverse": false,
    "complex_factors": [],
    "classification": "non-complex",
    "supporting_data": "The Franklin FTSE India UCITS ETF is a UCITS-compliant ETF that physically replicates the FTSE India 30/18 Capped Index using full replication methodology, as confirmed by the factsheet. The investment objective is straightforward: to track the performance of large and mid-cap Indian equities. The KIID and PRIIPs KID documents state that derivatives may be used only for efficient portfolio management purposes, not as an inherent part of the investment strategy, and there is no mention of synthetic replication, swap agreements, or counterparty risk related to derivatives. The risk profile is moderate (risk level 4 out of 7), consistent with equity market exposure in an emerging market, without leverage or inverse exposure. There are no capital protection or structured features. Costs are simple, with a TER of 0.19% and no performance fees or swap fees. The fund invests directly in liquid, transparent securities listed on recognized markets. The PRIIPs KID does not include any comprehension warnings or complexity flags. The factsheet confirms no use of leverage or complex underlying assets such as contingent convertible bonds or CLOs. Therefore, under MiFID II criteria, this ETF is classified as non-complex."
}