Invest In India

I agree with Mr. Weinberger.




Does anyone have a few suggestions for investing in India?

Re: Invest In India

NoEd <> wrote:

: Does anyone have a few suggestions for investing in India?

Mutual Fund: Mathews India fund MINDX.

ETF's: IIF, IFN

Re: Invest In India

IIF and IFNs are closed end funds and not ETFs.
I am eagerly waiting for an India ETF.

MINDX looks like an excellent choice, coming
from Matthews which has some very good funds
specializing in Asian segments.

Kaspa

Re: Invest In India

kaspakhine <> wrote:

: IIF and IFNs are closed end funds and not ETFs.

Indeed, you are right. I tend to be careless about such matters,
especially because CEF's and ETF's have the same feel in day-to-day
trading.

Re: Invest In India

RPS wrote:

> NoEd <> wrote:
>
> : Does anyone have a few suggestions for investing in India?
>
> Mutual Fund: Mathews India fund MINDX.
>
> ETF's: IIF, IFN

IIF is a closed-end fund. Right now it's trading at a 15% premium to
NAV. I never buy a closed-end fund when it's trading at a premium.


--
Steven D. Litvintchouk
Email:

Remove the NOSPAM before replying to me.

Re: Invest In India

">> : Does anyone have a few suggestions for investing in India?
>>
>> Mutual Fund: Mathews India fund MINDX.
>> I bought a india stock once, that was IBN.
icici Bank was at $12.00 a share in 2003 when i bought it.
Today it is at $31.48. I'm thinking about selling it but not sure yet.

Re: Invest In India

NoEd wrote:
> I agree with Mr. Weinberger.
>
>
>
>
> Does anyone have a few suggestions for investing in India?
>
>
I have a webpage on that:

Re: Invest In India

Steven L. wrote:
> RPS wrote:
>
>> NoEd <> wrote:
>>
>> : Does anyone have a few suggestions for investing in India?
>> Mutual Fund: Mathews India fund MINDX.
>>
>> ETF's: IIF, IFN
>
>
> IIF is a closed-end fund. Right now it's trading at a 15% premium to
> NAV. I never buy a closed-end fund when it's trading at a premium.
>
>
Well there is a reason IFN and IIF trade at premiums. HAve you seen the Premiums
on Indian ADRs?? You can see then live at my website -

Re: Invest In India

NoEd wrote:
> I agree with Mr. Weinberger.
>
> Does anyone have a few suggestions for investing in India?

Something to think about before you do. China's economy grew 50% over
the past 5 years, but the stock market *dropped* by 50%.

Re: Invest In India

SD wrote:
> Well there is a reason IFN and IIF trade at premiums.

Why, because there are no India ETFs?

Re: Invest In India

I actually got into Eaton Vance India Fund a few years ago; and despite the
load and high expense ration this fund has performed exceptionally well.
Matthews just came out with their India fund i believe in October but I may
just stick with Eaton Vance Fund for now because of their performance.

"RPS" <> wrote in message
news:010220061005302651%
> NoEd <> wrote:
>
> : Does anyone have a few suggestions for investing in India?
>
> Mutual Fund: Mathews India fund MINDX.
>
> ETF's: IIF, IFN

Re: Invest In India

Joe Smith wrote:
> I actually got into Eaton Vance India Fund a few years ago; and despite the
> load and high expense ration this fund has performed exceptionally well.
> Matthews just came out with their India fund i believe in October but I may
> just stick with Eaton Vance Fund for now because of their performance.

I'm not going blazing guns - will take some returns to lure me farther
in, although I haven't the timeframe yet you and others do. Foreign
markets despite their good prospects I find every bit if not more
volatile than anything else I've encountered (short of TECH, can't
offhand think of fund specialty I've haven't played). I'm broadly
exposed over Asia and it's eyeballs front and center, and that's with
no disciplined or otherwise ETF/CEFs (for awhile). MINDX is my only
token ante - plain up @$121US yrly ER vrs 2+-3+% ERs without the
addeded in/outs on Eaton's AB. As you say, groovy gravy can be awhile
simmering.

Re: Invest In India

SD wrote:

> Steven L. wrote:
>
>> RPS wrote:
>>
>>> NoEd <> wrote:
>>>
>>> : Does anyone have a few suggestions for investing in India?
>>> Mutual Fund: Mathews India fund MINDX.
>>>
>>> ETF's: IIF, IFN
>>
>>
>>
>> IIF is a closed-end fund. Right now it's trading at a 15% premium to
>> NAV. I never buy a closed-end fund when it's trading at a premium.
>>
>>
> Well there is a reason IFN and IIF trade at premiums.

Of course there's a reason: The share price of IIF has been bid up by
momentum players and speculators who noticed the huge rise to date and
want to get in on the action.

I'm not a momentum player nor a speculator. I am a value investor, and
I won't buy things that are overpriced.


--
Steven D. Litvintchouk
Email:

Remove the NOSPAM before replying to me.

Re: Invest In India

Howdy all,

For investing in India, I've chosen MINDX from Matthews. Wonderful
noload house that specializes in asia. I've been investing in their
funds for years and have been more than pleased.

I bought MINDX when it was first issued in mid-november at the issue
price of $10 NAV per share. I added to it a little later as it kept
growing. Right now it's up 19.1% since purchase. Er, I can live with
that.

However, a bit of caution should be exercised. Single country plays
are always extremely risky and this, like China, is even more so. Be
careful and keep your bets under control.

peace,

rono

Re: Invest In India

Bucky wrote:
> SD wrote:
>
>>Well there is a reason IFN and IIF trade at premiums.
>
>
> Why, because there are no India ETFs?
>
Well that may be a reason but IFN and IIF are outperforming the indian indices.
So they would be better than an ETF

Re: Invest In India

Bucky wrote:
> Something to think about before you do. China's economy grew 50% over
> the past 5 years, but the stock market *dropped* by 50%.
>
>

Interesting... do you know of an index fund for this market?

Re: Invest In India

"spasmous" <> wrote in message
news:
>
> Bucky wrote:
>> Something to think about before you do. China's economy grew 50% over
>> the past 5 years, but the stock market *dropped* by 50%.
>>
>>
>
> Interesting... do you know of an index fund for this market?

FXI and PGJ.

Re: Invest In India

spasmous wrote:
> Bucky wrote:
>
>>Something to think about before you do. China's economy grew 50% over
>>the past 5 years, but the stock market *dropped* by 50%.
>>
>>
>
>
> Interesting... do you know of an index fund for this market?
>
The only chinese stock ETF is FXI
There is a Chinese ADR ETF called PGJ