ETF investors from US bet big on India
The largest ETF is the iShares MSCI India ETF (INDA) with an AUM of $5.13 billion. It was set up in 2012 and has grown its AUM by almost 1,000 times since then, indicating a strong interest in India investments
(Photo: iStock)
Enquiries from NRIs living in the US looking to invest in India are growing by almost 15-20% month-on-month
According to ETF Database, there are 12 India-focused ETFs listed in the US with an AUM of $7.26 billion as of 26 January
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India is fast becoming a preferred destination for US-based Exchange Traded Fund (ETF) investors aiming to shift a part of their investments away from China even as they seek better returns against the backdrop of low interest rates back home.