FLIN - INDA: Brace For India's Post-Election Upside
2024-05-04 11:46:40 ET
Summary
- India has cleared quite a few milestones through PM Modi's last two terms.
- A third term, now well within reach, bodes well for equity performance over the next five years.
- On balance, INDA continues to stand out within the India ETF universe.
India's equity market has historically stood out as one of the few countries in Asia capable of compounding capital at above-par rates. This trend has only accelerated since Prime Minister Modi and his 'Bharatiya Janata Party' (also the 'BJP') took the helm in 2014. The results speak for themselves - after ten years of >10% annualized total returns, India is now the fifth largest equity market in the world, with a market capitalization exceeding $4 trillion....
INDA: Brace For India's Post-Election Upside