India ETFs are awakening from deep slumber after neighboring China sidelined them in the first half of 2015. Market Vectors India Small-Cap (SCIF), a $245.6 million exchange traded fund, was the top performer among foreign funds tracked by IBD in the past month. It was one of 2014's big winners, too. India's booming middle class is bolstering demand for infrastructure and consumer goods. SCIF is benefiting from this trend more than larger rivals
Thursday 23 July 2015
India ETFs Awaken As Reforms, Rate Cuts Take Effect
Otmane El Rhazi from Investor's Business Daily - ETFs RSS.
India ETFs are awakening from deep slumber after neighboring China sidelined them in the first half of 2015. Market Vectors India Small-Cap (SCIF), a $245.6 million exchange traded fund, was the top performer among foreign funds tracked by IBD in the past month. It was one of 2014's big winners, too. India's booming middle class is bolstering demand for infrastructure and consumer goods. SCIF is benefiting from this trend more than larger rivals
India ETFs are awakening from deep slumber after neighboring China sidelined them in the first half of 2015. Market Vectors India Small-Cap (SCIF), a $245.6 million exchange traded fund, was the top performer among foreign funds tracked by IBD in the past month. It was one of 2014's big winners, too. India's booming middle class is bolstering demand for infrastructure and consumer goods. SCIF is benefiting from this trend more than larger rivals
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