Posted June 11, 2014 12:15 am by Comments

The Economic Times has reported that ETFs have invested $1.5 billion in India in the past three months leading up to May, which is the highest among emerging market BRIC countries such as Brazil, China and Russia:

Emerging Market Skeptic - Foreign Investment Inflows Into BRIC Countries

Moreover, the BSE Sensex has gained 14.7% in the past three months between March and May while Brazil’s Ibovespa Index gained 8.8% and Russia’s Micex Index and China’s Shanghai composite Index stayed flat in the same period.

It should also be mentioned that India has received FII flows worth over $8.5 billion so far this year while Brazil has seen flows worth $5 billion, South Korea has received $2.17 billion and South Africa managed over $1.89 billion during the same time.

For ETF investors thought, important India ETFs would include:

  • WisdomTree India Earnings Fund ETF (NYSEARCA: EPI)
  • Ishares MSCI India ETF (BATS: INDA)
  • iShares S&P India Nifty 50 Index Fund (NASDAQ: INDY)
  • PowerShares India Portfolio ETF (NYSEARCA: PIN)
  • Market Vectors India Small Cap Index ETF (NYSEARCA: SCIF)
  • Direxion Daily India Bull 2X Shares (NYSEARCA: INDL)

To read the whole article, India ETF flows touch $1.5 billion, highest among its emerging market peers like China, Russia, Brazil, go to the website of The Economic Times.

Similar Posts:

Leave a Reply