INDL ETF

India equities continue to be a hot trade that short-term investors may want to consider if they haven't already. For the long-term horizon, continued economic growth should keep these equities on the bullish side.

China is looking to improve its economic situation. But emerging markets (EM) have been flocking to other parts around the globe for opportunities.

Two the the largest global economies are heading in opposite directions. Economic growth tailwinds have bulls firmly behind India, while bears continue to pounce on China's struggles.

With high interest rates and a stronger dollar, the macroeconomic environment isn't conducive to contrarian emerging markets investors. However, one attractive destination worth considering is India.

Fund managers have been avoiding emerging markets (EM), especially when it comes to China. However, that doesn't mean there aren't opportunities that exist.

Given China's current economic struggles, it is not necessarily the prime option for emerging markets funds exposure. As such, traders may want to take a closer look at other regions that are exhibiting strength.