HDB - Consider Exposure To Indian Equities Only After General Elections
Article Overview
I have maintained for years that India is an attractive investment destination for long-term investors. If policies remain conducive and the government stable, India still has the potential to deliver GDP growth that nears double digits.
Favorable demographics, rapid urbanization and rise of the middle-class (driving consumption spending) are some of the headline long-term factors that can trigger sustained growth for the Indian economy.
However, my focus for this article is relatively short-term and with the world's largest democracy voting for the next leader, the markets can be relatively volatile in the near-term.