Holding types
Countries
Sectors
Analyst ratings
Market Data
Dividend
India's bull market faces some road bumps. But the culprits are cyclical and should pass. Position for an eventual recovery with GLIN's 'GARP' strategy.
‘GARP' is back in style in India. In tandem, GLIN has outshone its factor ETF peers this year. Rebalancing uncertainties aside, GLIN remains poised for outperformance.
Indian equities have continued their march higher this year. The recent election result isn't ideal but shouldn't derail the structural trend either. GARP-oriented GLIN is a worthy consideration in the face of post-election uncertainties.
The MSCI India Index has increased by 33.4% in the last three years, with some related exchange traded funds showing even stronger performance.
VanEck India Growth Leaders ETF (GLIN) provides exposure to 80 Indian companies with favorable fundamental traits. India's growth landscape continues to surprise to the upside and post elections in May, infrastructure spending will likely ramp up. We close with some thoughts on why GLIN isn't the most suitable vehicle to gain exposure to India.
There are at least two certainties regarding Indian stocks. First, equities in that country have been the stars among major emerging markets for several years.
VanEck India Growth Leaders ETF offers exposure to a diverse portfolio of Indian companies with strong growth potential. The GLIN ETF outperforms other similar funds in terms of its focus on growth-oriented companies in India. Investing in GLIN provides access to high-growth Indian companies, diversification across sectors, and the potential for high returns, but carries country-specific, emerging market, and currency risks.
With 2023 in the books, India stocks capped another strong annual run. That extended the country's winning streak to eight years, while Chinese stocks slumped for a third consecutive year.
With 2024 soon arriving, optimism could be reborn that broader gauges of emerging market stocks could finally outperform domestic rivals. Betting on that happening is easier said than done.
Barring a miracle of epic proportions over the last weeks of 2023, this year will go down as another dud for emerging markets equities. With the arrival of 2024 imminent, the MSCI Emerging Markets Index is up just 3.46% year-to-date.
FAQ
- What is GLIN ETF?
- Does GLIN pay dividends?
- What stocks are in GLIN ETF?
- What is the current assets under management for GLIN?
- What is GLIN average volume?
- What is GLIN expense ratio?
- What is GLIN inception date?