India ETF to launch to Aussie market

One fund manager will release a new exchange-traded fund that will provide investors access to one of the fastest growing economies in the world.

The BetaShares India Quality ETF will invest directly in a diversified portfolio of ‘high quality’ Indian companies, according to a statement.

It said India is one of the fastest growing major economies in the world, with GDP growth projections of around seven per cent annually to 2023.

Further, BetaShares notes India has a significant footprint in the IT sector, and is also known for its agriculture and manufacturing industries as other key economic sectors.

BetaShares chief executive Alex Vynokur said the ETF provides the opportunity for significant outperformance in returns compared to a pure market capitalisation index approach.

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Source: India ETF to launch to Aussie market – InvestorDaily