DGIN ETF

By Angus Shillington, Deputy Portfolio Manager, Emerging Markets Equity; John Patrick Lee, CFA, Product Manager The compelling investment opportunity in India's consumer internet sector is driven by a combination of supportive infrastructure, favorable regulatory conditions, and a burgeoning startup ecosystem. In the consumer internet sector, major markets such as the U.S.

Advisors and experienced investors know that when it comes to economic digitization and e-commerce markets, the U.S. and China have enviable positions. That much is reflected in the world of exchange traded funds.

By Angus Shillington, Deputy Portfolio Manager, Emerging Markets Equity Angus Shillington recently sat down with Barron's to discuss why infrastructure is key to Prime Minister Modi's ambitions to make India a global manufacturing center. India is making significant strides in expanding its infrastructure with a focus on building more roads and railroads.

Registered investment advisors are likely hearing plenty about the performance of India stocks and related ETFs. That stands to reason because over the past three years, the MSCI India Index nearly kept pace with the S&P 500 while crushing the MSCI Emerging Markets Index.

India may be emerging as a strong contender in the largest investable internet and technology markets, alongside the U.S. and China.

Particularly among markets outside the U.S., India has long been of the most technologically advanced countries and home to one of the more robust tech sectors. However, that story is still evolving, bringing with it an array of investment implications.

India ETFs have been gaining momentum lately and hovering around a 52-week high.

Entering 2024, there was some concern among emerging market observers that previously high-flying India equities could be vulnerable to retrenchment. Lofty valuations and national elections were mentioned as potential catalysts for pullbacks.

India's economy is evolving into a consumption-driven powerhouse. The country's allure as a global business and technology hub is on the rise, attracting substantial foreign investment and tech giants.