<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0001137360</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000074784</seriesId>
        <classId>C000232971</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>VanEck ETF Trust</regName>
      <regFileNumber>811-10325</regFileNumber>
      <regCik>0001137360</regCik>
      <regLei>549300ZLFKNTXC51ZN76</regLei>
      <regStreet1>666 THIRD AVENUE, 9TH FLOOR</regStreet1>
      <regCity>NEW YORK</regCity>
      <regStateConditional regCountry="US" regState="US-NY"/>
      <regZipOrPostalCode>10017</regZipOrPostalCode>
      <regPhone>212-293-2000</regPhone>
      <seriesName>VanEck Digital India ETF</seriesName>
      <seriesId>S000074784</seriesId>
      <seriesLei>5493001VA7WRLX70CL66</seriesLei>
      <repPdEnd>2025-12-31</repPdEnd>
      <repPdDate>2025-06-30</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>22438274.26</totAssets>
      <totLiabs>384992.58</totLiabs>
      <netAssets>22053281.68</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>295110.34000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000232971" rtn1="4.92000000" rtn2="2.17000000" rtn3="5.19000000"/>
        </monthlyTotReturns>
        <othMon1 netRealizedGain="-1.17000000" netUnrealizedAppr="1341067.12000000"/>
        <othMon2 netRealizedGain="156192.97000000" netUnrealizedAppr="350665.35000000"/>
        <othMon3 netRealizedGain="57579.51000000" netUnrealizedAppr="1179847.20000000"/>
      </returnInfo>
      <mon1Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon2Flow redemption="5128062.50000000" reinvestment="0.00000000" sales="0.00000000"/>
      <mon3Flow redemption="0.00000000" reinvestment="0.00000000" sales="0.00000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>HCL Technologies Ltd</name>
        <lei>549300C1F8OLYSOQYB65</lei>
        <title>HCL Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE860A01027"/>
        </identifiers>
        <balance>64522.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>1300890.91000000</valUSD>
        <pctVal>5.898854097436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Info Edge India Ltd</name>
        <lei>335800MXUVHTBF9DEC78</lei>
        <title>Info Edge India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE663F01032"/>
        </identifiers>
        <balance>36691.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>637014.56000000</valUSD>
        <pctVal>2.888525024272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zensar Technologies Ltd</name>
        <lei>335800SK9CAQHM1TJC97</lei>
        <title>Zensar Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE520A01027"/>
        </identifiers>
        <balance>9337.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>91731.82000000</valUSD>
        <pctVal>0.415955418023</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eternal Ltd</name>
        <lei>335800T4VOF9ETHF8W59</lei>
        <title>Eternal Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE758T01015"/>
        </identifiers>
        <balance>396167.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>1220113.61000000</valUSD>
        <pctVal>5.532571649445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Oracle Financial Services Software Ltd</name>
        <lei>3358008SYNPKSPNMTJ57</lei>
        <title>Oracle Financial Services Software Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE881D01027"/>
        </identifiers>
        <balance>2143.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>224622.24000000</valUSD>
        <pctVal>1.018543377168</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Dixon Technologies India Ltd</name>
        <lei>335800D7XO7AVXXJ8575</lei>
        <title>Dixon Technologies India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE935N01020"/>
        </identifiers>
        <balance>3368.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>588731.23000000</valUSD>
        <pctVal>2.669585590673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiggy Ltd</name>
        <lei>335800R11DC3QR7KH186</lei>
        <title>Swiggy Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE00H001014"/>
        </identifiers>
        <balance>152602.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>712506.17000000</valUSD>
        <pctVal>3.230839656150</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indus Towers Ltd</name>
        <lei>335800L6DI4VHODGDK41</lei>
        <title>Indus Towers Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE121J01017"/>
        </identifiers>
        <balance>120482.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>590932.84000000</valUSD>
        <pctVal>2.679568730743</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Redington Ltd</name>
        <lei>335800DTFNX7F2LM5227</lei>
        <title>Redington Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE891D01026"/>
        </identifiers>
        <balance>47128.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>178842.24000000</valUSD>
        <pctVal>0.810955224691</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Delhivery Ltd</name>
        <lei>335800CUQ1SBCH9TTH82</lei>
        <title>Delhivery Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE148O01028"/>
        </identifiers>
        <balance>48384.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>216074.45000000</valUSD>
        <pctVal>0.979783658211</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Consultancy Services Ltd</name>
        <lei>335800ZJKU9GPQRE2U66</lei>
        <title>Tata Consultancy Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE467B01029"/>
        </identifiers>
        <balance>34667.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>1399869.39000000</valUSD>
        <pctVal>6.347669296173</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Zen Technologies Ltd</name>
        <lei>335800LESMFKPK45XK09</lei>
        <title>Zen Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE251B01027"/>
        </identifiers>
        <balance>4041.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>93434.50000000</valUSD>
        <pctVal>0.423676173713</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inventurus Knowledge Solutions Ltd</name>
        <lei>984500FE8V6837444319</lei>
        <title>Inventurus Knowledge Solutions Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE115Q01022"/>
        </identifiers>
        <balance>5642.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>105979.47000000</valUSD>
        <pctVal>0.480560995582</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>L&amp;T Technology Services Ltd</name>
        <lei>335800OITXHL9VYVRC58</lei>
        <title>L&amp;T Technology Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE010V01017"/>
        </identifiers>
        <balance>1837.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>94333.09000000</valUSD>
        <pctVal>0.427750805384</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Birlasoft Ltd</name>
        <lei>335800287UMX47DWBF82</lei>
        <title>Birlasoft Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE836A01035"/>
        </identifiers>
        <balance>13198.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>66732.32000000</valUSD>
        <pctVal>0.302595871980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IIFL Finance Ltd</name>
        <lei>335800CZ46UJRS34JR78</lei>
        <title>IIFL Finance Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE530B01024"/>
        </identifiers>
        <balance>21343.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>117705.73000000</valUSD>
        <pctVal>0.533733399445</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Motilal Oswal Financial Services Ltd</name>
        <lei>3358004GYYY6FUXX1P93</lei>
        <title>Motilal Oswal Financial Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE338I01027"/>
        </identifiers>
        <balance>14232.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>144554.16000000</valUSD>
        <pctVal>0.655476867785</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kfin Technologies Ltd</name>
        <lei>335800GNCGJJ76Z17N17</lei>
        <title>Kfin Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE138Y01010"/>
        </identifiers>
        <balance>7702.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>121135.49000000</valUSD>
        <pctVal>0.549285551954</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kaynes Technology India Ltd</name>
        <lei>335800BMPIF3PQ2IPI37</lei>
        <title>Kaynes Technology India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE918Z01012"/>
        </identifiers>
        <balance>2458.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>174980.58000000</valUSD>
        <pctVal>0.793444633497</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bharti Hexacom Ltd</name>
        <lei>335800GJ4U5YVWJGAP02</lei>
        <title>Bharti Hexacom Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE343G01021"/>
        </identifiers>
        <balance>6850.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>155778.09000000</valUSD>
        <pctVal>0.706371470062</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>HFCL Ltd</name>
        <lei>335800SR486KOF2LVK69</lei>
        <title>HFCL Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE548A01028"/>
        </identifiers>
        <balance>73792.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>74522.94000000</valUSD>
        <pctVal>0.337922224371</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Infosys Ltd</name>
        <lei>335800TYLGG93MM7PR89</lei>
        <title>Infosys Ltd</title>
        <cusip>456788108</cusip>
        <identifiers>
          <isin value="US4567881085"/>
        </identifiers>
        <balance>81446.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1509194.38000000</valUSD>
        <pctVal>6.843400460298</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>WNS Holdings Ltd</name>
        <lei>529900RM7QHUD3W9DM42</lei>
        <title>WNS Holdings Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="JE00BQC4YW14"/>
        </identifiers>
        <balance>3222.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>203759.28000000</valUSD>
        <pctVal>0.923940858129</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Computer Age Management Services Ltd</name>
        <lei>33580012MDHMBHWN5Z06</lei>
        <title>Computer Age Management Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE596I01012"/>
        </identifiers>
        <balance>4516.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>225930.99000000</valUSD>
        <pctVal>1.024477868093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Angel One Ltd</name>
        <lei>3358003DRK7SFA3Q3214</lei>
        <title>Angel One Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE732I01013"/>
        </identifiers>
        <balance>4956.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>169123.76000000</valUSD>
        <pctVal>0.766887044087</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coforge Ltd</name>
        <lei>3358004YL9JGBNP4KF72</lei>
        <title>Coforge Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE591G01025"/>
        </identifiers>
        <balance>24437.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>548462.63000000</valUSD>
        <pctVal>2.486988730105</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>LTIMindtree Ltd</name>
        <lei>335800DY1I1WFHVV6T22</lei>
        <title>LTIMindtree Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE214T01019"/>
        </identifiers>
        <balance>6496.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>402920.92000000</valUSD>
        <pctVal>1.827033843971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Vodafone Idea Ltd</name>
        <lei>335800UBBFAK7HCF3209</lei>
        <title>Vodafone Idea Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE669E01016"/>
        </identifiers>
        <balance>2473957.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>214226.33000000</valUSD>
        <pctVal>0.971403408837</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Firstsource Solutions Ltd</name>
        <lei>335800UFBBNPDIZWQX32</lei>
        <title>Firstsource Solutions Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE684F01012"/>
        </identifiers>
        <balance>24191.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>105641.91000000</valUSD>
        <pctVal>0.479030339034</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bharti Airtel Ltd</name>
        <lei>335800KQ1FPKOQ84OR26</lei>
        <title>Bharti Airtel Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE397D01024"/>
        </identifiers>
        <balance>79634.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>1866944.29000000</valUSD>
        <pctVal>8.465607600219</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Jio Financial Services Ltd</name>
        <lei>3358003O268Q1OGBQR42</lei>
        <title>Jio Financial Services Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE758E01017"/>
        </identifiers>
        <balance>272733.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>1040343.54000000</valUSD>
        <pctVal>4.717409205104</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Affle 3i Ltd</name>
        <lei>335800VOXUF6XMCWSD89</lei>
        <title>Affle 3i Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE00WC01027"/>
        </identifiers>
        <balance>5775.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>134596.93000000</valUSD>
        <pctVal>0.610326081864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Wipro Ltd</name>
        <lei>335800IFS1IJHESG8362</lei>
        <title>Wipro Ltd</title>
        <cusip>97651M109</cusip>
        <identifiers>
          <isin value="US97651M1099"/>
        </identifiers>
        <balance>258460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>780549.20000000</valUSD>
        <pctVal>3.539378906622</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mphasis Ltd</name>
        <lei>335800NSYTIQLQKUYP62</lei>
        <title>Mphasis Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE356A01018"/>
        </identifiers>
        <balance>7992.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>265326.49000000</valUSD>
        <pctVal>1.203115680695</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Multi Commodity Exchange of India Ltd</name>
        <lei>254900BTZEPM27IOAM68</lei>
        <title>Multi Commodity Exchange of India Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE745G01035"/>
        </identifiers>
        <balance>2282.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>238182.80000000</valUSD>
        <pctVal>1.080033363995</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Reliance Industries Ltd</name>
        <lei>5493003UOETFYRONLG31</lei>
        <title>Reliance Industries Ltd</title>
        <cusip>759470107</cusip>
        <identifiers>
          <isin value="US7594701077"/>
        </identifiers>
        <balance>25663.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1789530.90000000</valUSD>
        <pctVal>8.114578709720</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tech Mahindra Ltd</name>
        <lei>3358005FZUZ1I25XQH69</lei>
        <title>Tech Mahindra Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE669C01036"/>
        </identifiers>
        <balance>49184.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>967878.61000000</valUSD>
        <pctVal>4.388818970546</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Indian Energy Exchange Ltd</name>
        <lei>335800JRG8ZOKN1KAE97</lei>
        <title>Indian Energy Exchange Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE022Q01020"/>
        </identifiers>
        <balance>39908.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>89916.90000000</valUSD>
        <pctVal>0.407725713137</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IndiaMart InterMesh Ltd</name>
        <lei>335800VCSXC76EXLSH68</lei>
        <title>IndiaMart InterMesh Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE933S01016"/>
        </identifiers>
        <balance>2522.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>76438.74000000</valUSD>
        <pctVal>0.346609366846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Communications Ltd</name>
        <lei>3358004PBWAYF65RLI81</lei>
        <title>Tata Communications Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE151A01013"/>
        </identifiers>
        <balance>10673.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>210433.62000000</valUSD>
        <pctVal>0.954205469523</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PB Fintech Ltd</name>
        <lei>98450083AC6B01HF1F87</lei>
        <title>PB Fintech Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE417T01026"/>
        </identifiers>
        <balance>33978.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>722257.54000000</valUSD>
        <pctVal>3.275056975556</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Elxsi Ltd</name>
        <lei>335800OWLDKWXSI48N33</lei>
        <title>Tata Elxsi Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE670A01012"/>
        </identifiers>
        <balance>3186.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>234439.48000000</valUSD>
        <pctVal>1.063059382280</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cyient Ltd</name>
        <lei>335800MJOXTUJ22Y4T72</lei>
        <title>Cyient Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE136B01020"/>
        </identifiers>
        <balance>7202.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>108235.10000000</valUSD>
        <pctVal>0.490789087857</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Persistent Systems Ltd</name>
        <lei>3358006QYD77Z66S1J89</lei>
        <title>Persistent Systems Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE262H01021"/>
        </identifiers>
        <balance>9857.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>694767.75000000</valUSD>
        <pctVal>3.150405277914</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>KPIT Technologies Ltd</name>
        <lei>3358009MOTWWU66WMV49</lei>
        <title>KPIT Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE04I401011"/>
        </identifiers>
        <balance>15274.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>224221.42000000</valUSD>
        <pctVal>1.016725869888</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tejas Networks Ltd</name>
        <lei>3358007ZVJL9TOWAUH94</lei>
        <title>Tejas Networks Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE010J01012"/>
        </identifiers>
        <balance>7409.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>61838.51000000</valUSD>
        <pctVal>0.280405024963</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tata Technologies Ltd</name>
        <lei>335800C73TP3LSSF2S14</lei>
        <title>Tata Technologies Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE142M01025"/>
        </identifiers>
        <balance>14451.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>119836.62000000</valUSD>
        <pctVal>0.543395861617</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>One 97 Communications Ltd</name>
        <lei>335800ZRHU5J6GSTMI23</lei>
        <title>One 97 Communications Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="INE982J01020"/>
        </identifiers>
        <balance>34376.00000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="85.76000000"/>
        <valUSD>370230.19000000</valUSD>
        <pctVal>1.678798626762</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MakeMyTrip Ltd</name>
        <lei>529900DNT8HNJ7RYUO60</lei>
        <title>MakeMyTrip Ltd</title>
        <cusip>000000000</cusip>
        <identifiers>
          <isin value="MU0295S00016"/>
        </identifiers>
        <balance>4419.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>433150.38000000</valUSD>
        <pctVal>1.964108499973</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MU</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-07-24</ncom:dateSigned>
      <ncom:nameOfApplicant>VanEck ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>James Parker</ncom:signature>
      <ncom:signerName>James Parker</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
