India is seeing a multidecade growth surge. -2-
ICICI Bank Ltd. ADR IBN 16.0 15.2% 12.5% IndusInd Bank Ltd. IN:532187 11.1 17.4% 19.0% Infosys Ltd. ADR INFY 21.1 8.1% 11.0% Wipro Ltd. ADR WIT 16.8 5.5% 10.2% Genpact Ltd. G 10.4 9.0% 11.8% NTPC Ltd. IN:532555 11.3 7.0% 12.0% iShares MSCI India ETF INDA 19.8 8.8% 15.2% SPDR S&P 500 ETF Trust SPY 17.3 5.2% 11.7% Source: FactSet
Click on the tickers for more about each company or fund.
Click here for Tomi Kilgore's detailed guide to the wealth of information available for free on the MarketWatch quote page.
ETFs for U.S. investors who want exposure to India
There are many exchange-traded funds that exclusively hold stocks of companies based in India. Here are seven of the largest, with some additional information. Click the tickers for more about each fund.
ETF Assets ($mil) Stocks held % in top 10 holdings Launched Annual expenses (% of assets) Morningstar rating (out of five stars) iShares MSCI India ETF $5,881 124 40% 2/2/2012 0.64% 2 stars WisdomTree India Earnings Fund $1,368 482 39% 2/22/2008 0.85% 4 stars iShares India 50 ETF $682 50 57% 11/18/2009 0.89% 2 stars iShares MSCI India Small-Cap ETF $468 447 11% 2/8/2012 0.74% 4 stars Franklin FTSE India ETF $424 213 35% 2/6/2018 0.19% 3 stars Invesco India ETF $172 171 39% 3/5/2008 0.78% 3 stars Columbia India Consumer ETF $120 30 55% 8/10/2011 0.77% 4 stars Sources: FactSet, Morningstar (ratings only)
Another deep dive: Municipal bonds offer fantastic yields, especially in these four high-tax states
-Philip van Doorn
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