I’m curious what the consensus is on Indian ETFs from the prospective of US locals.
I started investing in INDA, FLIN, and INDY for my brokerage due to the advice of a smart and well off individual that suggested the Indian economy would be a good investment opportunity with their growing economy and talented workforce. I picked these ETFs myself based on this advice and my own research.
So far, it’s been a downhill ride. I’ve read mixed opinions on the Indian market,with some citing rupee devaluation relative to the US dollar, high valuation concerns, and lack of future-proof technological growth as concerns.
Any investors based in America willing to offer opinions for or against these or other investments into the Indian market?
u/Animaul187 — 21 days ago