In light of the burgeoning growth in India, U.S. investors might want to consider iShares MSCI India ETF (BATS:INDA), the largest ETF targeting the country. Additionally, a smaller yet compelling option is the Franklin FTSE India ETF (NYSEARCA:FLIN). Both of these ETFs present unique avenues for investors to tap into the Indian market, especially given that many Indian companies are not directly listed on U.S. exchanges. However, I like one of these ETFs better than the other, and this article will explain why.
Why Invest in Indian Stocks?
The International Monetary Fund (IMF) recently forecast that India will post real GDP growth of 6.3% in 2024. This easily outpaces the forecast for developed markets, which the IMF expects to grow by just 1.4%.
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