FYI: India ETFs have been surging, rallying as much as 8% in five days on the heels of an unprecedented corporate tax rate cut many say could boost earnings sooner rather than later.
However, investor enthusiasm remains muted at best.
The biggest India ETFs, the $5 billion iShares MSCI India ETF (INDA), and the $1.2 billion WisdomTree India Earnings Fund (EPI), each gained roughly 7% last week. The iShares India 50 ETF (INDY), which has $744 million in total assets, jumped 8.3%
Regards,
Ted
https://www.etf.com/sections/features-and-news/no-one-chasing-india-etfs-rally?nopaging=1