Does anyone have any good knowledge on any india funds.I been
reading that india funda & stocks are the hotest in the world. I bought
ICICI Bank stock 3yrs ago at $12 a share and now it is at $31 a share. But i
like to have some mutual funds also. I been reading about MATTHEWS INDIA
FUND (MINDX) but it sounds like it is a very new fund and it is a liittle
scary. Does anyone know anything about it?
"Romy Beeck" <> wrote in message
news:
> Does anyone have any good knowledge on any india funds.I been
> reading that india funda & stocks are the hotest in the world. I bought
> ICICI Bank stock 3yrs ago at $12 a share and now it is at $31 a share. But
> i like to have some mutual funds also. I been reading about MATTHEWS INDIA
> FUND (MINDX) but it sounds like it is a very new fund and it is a liittle
> scary. Does anyone know anything about it?
Investing in any India fund can be scary. Matthews is an Asia specialist,
they know their stuff. That said, I much prefer closed-end funds. IFN and
IIF are very good.
Because the CEF's are trading a quite a premium I would go with Matthews for
the time being. If one of the CEF's then began trading at a discount I'd
switch.
hi Romy,
Please visit
Sanjay can help you a lot. Read more about him at the end of the blog.
He has been in Finance investing for over 10 years now aand actively
trades in Indian and US stock.
Hope that helps!
Cheers
Primrose
Hi Romy,
Normally new funds can be scary. However MINDX is of the House of
Matthews and while very small, they do their particular thing very,
very well. Their specialty is asia and that's all they do.
I own MINDX and bought it the day it went public. I'd do it again
tomorrow. It's noload and while being a single country fund, you don't
want to bet the house, I believe it is worth a small play.
best,
rono
"rono" <> wrote in message
news:
> Hi Romy,
>
> Normally new funds can be scary. However MINDX is of the House of
> Matthews and while very small, they do their particular thing very,
> very well. Their specialty is asia and that's all they do.
>
> I own MINDX and bought it the day it went public. I'd do it again
> tomorrow. It's noload and while being a single country fund, you don't
> want to bet the house, I believe it is worth a small play.
>
> best,
>
> rono
>Did you look at MCHFX also. They came out about the same time.I'm thinking
>about buying it also.
Romy Beeck wrote:
> Does anyone have any good knowledge on any india funds.I been
> reading that india funda & stocks are the hotest in the world. I bought
> ICICI Bank stock 3yrs ago at $12 a share and now it is at $31 a share. But i
> like to have some mutual funds also. I been reading about MATTHEWS INDIA
> FUND (MINDX) but it sounds like it is a very new fund and it is a liittle
> scary. Does anyone know anything about it?
>
>
I maintain a fairly often updated website on India Funds at
I took a 5% load fee when I invested in Eaton Vance Greater India Fund,
which was the only fund option about 3 years ago. My cost price was about
$6 when I purchased it and I don't regret the 5% load one bit given it's
performace over the past few years.
"Romy Beeck" <> wrote in message
news:
> Does anyone have any good knowledge on any india funds.I been
> reading that india funda & stocks are the hotest in the world. I bought
> ICICI Bank stock 3yrs ago at $12 a share and now it is at $31 a share. But
i
> like to have some mutual funds also. I been reading about MATTHEWS INDIA
> FUND (MINDX) but it sounds like it is a very new fund and it is a liittle
> scary. Does anyone know anything about it?
>
>
>