ETFs for Indian market exposure

[milan188]

Hi guys

Anyone know of a cost effective way to get exposure to the financial market in India? Something like a rand based etf on the top 40?

Thanks

 

[Thor]

Unfortunately there is none I'm looking for the same.

So might need to get creative and invest in Indian startups (they always want money)

 

[Eti1]

Hi guys

Anyone know of a cost effective way to get exposure to the financial market in India? Something like a rand based etf on the top 40?

Thanks

No such thing on the jse afaik. Your best bet is unit trusts. Sanlam has an India fund, it's done almost 20% per annum over the past three years.

 

[Thor]

I want the iShares msci India etf here.

 

[Hamster]

There are Emerging Market ETNs that might include India.

 

[milan188]

I want the iShares msci India etf here.

Looking for the same etf.

 

[GPS]

Ashburton Chindia Equity fund?

 

[milan188]

Ashburton Chindia Equity fund?

Thanks for the suggestion but the fees are too high. TER is 2.12%

 

[Eti1]

Ashburton Chindia Equity fund?

Minimum investment £10K . You hitting that?

 

[HavocXphere]

Any broker with access to lse will do if your OK with a gbp denominated etf.

For direct access to the Indian exchange interactive brokers is the only one that I can think of off the top of my head. 10k usd min plus 20k liquid req

 

[JayM]

Any broker with access to lse will do if your OK with a gbp denominated etf.

For direct access to the Indian exchange interactive brokers is the only one that I can think of off the top of my head. 10k usd min plus 20k liquid req

I know about the 10K USD, but what do you mean by "20k liquid req"?

 

[HavocXphere]

I know about the 10K USD, but what do you mean by "20k liquid req"?

On the IB application - depending on the account configuration you also need liquid wealth and income. They don't verify it though

 

[milan188]

Seems a bit too complicated and expensive at the moment

 

[snoopdoggydog]

Hi guys

Anyone know of a cost effective way to get exposure to the financial market in India? Something like a rand based etf on the top 40?

Thanks

Why do you want to invest in the Indian Financial Market? Haven't you heard about the Indian currency ban on large denominated notes?

India's PM Modi defends cash ban, announces incentives

http://www.reuters.com/article/us-india-modi-corruption-idUSKBN14K0G2

 

[supersunbird]

Why do you want to invest in the Indian Financial Market? Haven't you heard about the Indian currency ban on large denominated notes?

India's PM Modi defends cash ban, announces incentives

http://www.reuters.com/article/us-india-modi-corruption-idUSKBN14K0G2

So because SA doesn't have R500 notes we should not invest here either?

Just trying to figure out what physical note denomination restrictions have to do with investing on shares of a place..

 

[snoopdoggydog]

So because SA doesn't have R500 notes we should not invest here either?

Just trying to figure out what physical note denomination restrictions have to do with investing on shares of a place..

The question you should ask, nicely, is if it isn't a problem why is the Indian Prime Minister Announcing Incentives

Indian Prime Minister Narendra Modi announced a series of incentives to the poor, farmers, women and small businesses on Saturday in a New Year's address, and defended his recent decision to abolish high denomination bank notes.

The televised speech was widely seen as an opportunity for Modi to shore up support after a radical move on Nov. 8 to withdraw all 500 and 1,000 rupee bills, accounting for 86 percent of currency in circulation.

Millions of Indians were forced to queue outside banks for hours to deposit old money and withdraw as much new currency as was permitted, causing widespread anger and raising concerns about India's economic growth in the current quarter.

The so-called "demonetisation" was designed to crush India's huge shadow economy, increase tax revenues and promote the use of bank accounts and digital transactions, but perceptions that the ambitious operation was botched have hurt Modi's standing.

It comes only weeks before Uttar Pradesh, India's most populous state with 200 million people, holds an election that will test whether the popular leader has been significantly weakened

Google is your friend. Now will you go invest your money in India, where they have created monetary uncertainty?

 

[supersunbird]

The question you should ask, nicely, is if it isn't a problem why is the Indian Prime Minister Announcing Incentives



Google is your friend

No it isn't my friend in explaining YOUR concerns, which seems to focus on the short term (a quarter).

Maybe the OP want's to be there for the long term, so your questions should have included what's your term, and not just the why...

And I assume by financial market the meant the stock markets, you might be thinking he justs want to go into financial stocks?

 

[snoopdoggydog]

No it isn't my friend in explaining YOUR concerns, which seems to focus on the short term (a quarter).

Maybe the OP want's to be there for the long term, so your questions should have included what's your term, and not just the why...

And I assume by financial market the meant the stock markets, you might be thinking he justs want to go into financial stocks?

Good luck to him

 

[Thor]

India and China is the index to invest in.

Hans Rosling did a fascinating statistical story on this. The stats never lie.

 

[snoopdoggydog]

India and China is the index to invest in.

Hans Rosling did a fascinating statistical story on this. The stats never lie.

Hi Thor, invest in what in India exactly?