FLIN ETF

Indian markets are finally pulling back. But the structural growth story is intact. Cost-leader FLIN remains a standout India vehicle.

Overseas investors are pouring money into India stocks all over again. Investor confidence has been bolstered by market-friendly prime minister Narendra Modi's third term.

Indian stocks are flying high. There are, however, intricacies to picking the right India ETF. On balance, ultra-low-cost FLIN continues to stand out.

Franklin FTSE India ETF FLIN is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 35.65% from its 52-week low price of $30.41/share.

India's election uncertainties have now cleared. Policy continuity bodes well for the next chapter of India's growth story. Ultra-low-cost FLIN should continue to outperform.

The Franklin FTSE India ETF offers exposure to large and mid-sized Indian companies with a low expense ratio of 0.19%. The FLIN ETF has outperformed the INDA ETF in the recent past with a greater number of mid-cap companies in its portfolio that has benefited handsomely in recent years. Looking forward, momentum still favors Indian equities and the FLIN could be a good complement/replacement for the INDA ETF.

India's incumbent government is gunning for a big general election result. Large-cap equities could still benefit from a post-election rally. FLIN remains the lowest-cost vehicle to capture the upside.

For investors seeking momentum, Franklin India ETF FLIN is probably on the radar. The fund just hit a 52-week high and is up 34.38% from its 52-week low price of $26.82/share.

Following a stellar 2023, Indian stocks are off to a solid start in 2024. Valuations have also moved higher but remain well-supported by mid to long-term earnings growth. Ahead of a catalyst-rich Q1/Q2, the lowest-fee Franklin FTSE India ETF is well-placed for more outperformance.