India ETF
It goes without saying that India offers great opportunities for growth. India not only is a large country in size but it also populates 1.2 Billion people.
At this moment in time the large majority of its inhabitants is still poor but when the growth rate will accelerate expectations are high, even for this large part of the population that did not get the chance to reap the benefits of its burgeoning economy.
The pace of growth however still lags behind due to internal problems of corruption, bad infrastructure and the infamous caste system. On the other hand a lot of positive developments in India are worth mentioning.
In modern market sectors (as the internet) India is one of the leading nations. In Information Technology India has become a world player on a profound level. In the long run I myself have high expectations of India.
To really reap the benefits of the country one has to get rid of old habits and traditions as corruption and the caste system. In short, there is still a long way to go and it will take decades to reach the level India is capable of.
Lyxor MSCI India UCITS ETF
An important thing they have going for them is their focus on the growth sector of Information Technology. Within this India ETF this market sector dominates other sectors. IT has a share of 20% in this India ETF whereas the financial sector can only claim 2nd place with a 15% share, a remarkable feat as most regional ETF’s are dominated by the financial sector.
Health and consumer goods also take up a large share of this India ETF with a 30% combined weighing. With its 1,2 Billion people it is important to notice this large consumer based share. Energy has a weighing of 10%, an important market sector when the economy keeps on growing.
The Industry market sector takes up a mere 10%. Looking at this market spread my opinion is that this is precisely the right mix I am looking for. Whenever the Indian economy puts itself on a faster path to growth this Lyxor India ETF has just the right mix to reap the benefits of it.
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Lyxor MSCI India UCITS ETF info:
ETF provider: Lyxor (Societe Generale)
Ticker: INR
ISIN: FR0010361683
Currency: EURO
Exchange: Euronext Parijs
The Lyxor MSCI India UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.