Turn on thread page Beta

Does anyone have any experience investing in india specific fund? watch

    • Thread Starter
    Offline

    2
    ReputationRep:
    Looking at the emerging markets as a whole, I see India with the potential for the greatest growth prospects. Nice big population, younger generation getting very educated, growing middle class, and being lead by Narendra Modi (very pro business and pro India).

    I don't understand the indian equity markets as well as I do the US and UK markets. Does anyone have any experience with Indian Funds? Or anyone invested in indian companies trading on the BSE or NSE?
    • Thread Starter
    Offline

    2
    ReputationRep:
    I know Jupiter Fund Management have a fund for indian equities. It just seems like a good time to buy given modi has shown us what he stands for in india and the SENSEX in general corrected as a whole.
    • Thread Starter
    Offline

    2
    ReputationRep:
    The SENSEX as a whole looks very volatile (good for day traders I guess), daily swings of 2/3% are very normal. Something like that in the FTSE 100, would not be a common occurrence.

    2 things worry me about the SENSEX:

    1) financial reporting, how honest are indian companies in their reporting. I don't want them to lie for years inflating a stock price only to be found out and the stock to collapse.

    2) devaluation of the rupee may cause my investments to lose gain in the long run. What is india doing about stabilising their exchange rate?
    • Thread Starter
    Offline

    2
    ReputationRep:
    BUMP
 
 
 
Poll
Favourite type of bread

The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

Write a reply...
Reply
Hide
Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.