India Funds

Indian Stocks – Where do we go from here?

Just like the overall market, Indian ADR’s have struggled since 2008 rolled in.

Note: Videsh Sanchar Nigam Ltd. (VSL) is now called Tata Communications (TCL)
As far as I am concerned the only Indian ADR worth looking at this point is Sterlite (SLT). ICICI Bank (IBN) and HDFC Bank (HDB) are also worth [...]

March 2nd, 2008 | Posted by Himanshu Pandya in HDFC Bank, ICICI Bank, India Funds, Indian Stocks Weekly Report, Sensex, Sterlite | 2 Comments »

India Closed end funds (IIF and IFN) underperforming since the launch of India ETF (INP)

As I write this the BSE Sensex just reached a new all-time high after breaking past the 15000 point mark.  However, the two India CEF’s, IIF and IFN are both trading below their Net Asset Value (NAV). 

Morgan Stanley India Investment Fund (IIF) is trading at a 11.77% discount
India Fund (IFN) trading at [...]

July 9th, 2007 | Posted by Himanshu Pandya in India Funds, Sensex | 1 Comment »
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