PIN is the cheapest fund, with an expense ratio of 0.78%. EPI has an expense ratio of 0.83%. Both INP and INDY have an expense ratio of 0.89%.
It should be noted that the iPath product is an exchange traded note. ETNs are considered riskier than ETF products since the investment is subject to the credit worthiness of the issuing bank, in this case Barclays Bank.
Investors may also choose among the small-cap India ETF offerings.
Both SCIF and SCIN have an expense ratio of 0.85%.
The Market Vector India Small-Cap fund’s top sector allocations include financials, industrials and technology. The EGShares Indias Small-Cap fund leans toward consumer discretionary, industrials and financials.
In addition, investors may take a look at the EGShares India Infrastructure (NYSEArca: INXX) as a way to bet on the future build-up of India’s infrastructure. There is no doubt that the economy will expand, and the country’s poor infrastructure will eventually need updating to accommodate the growing economy. INXX has an expense ratio of 0.85%.
If you would like to take leveraged positions on daily Indian equity movements, one may consider the bull or bear options available. Again, potential investors should be aware of the potential risks involved when trading in these assets. These investments are not meant for long-term holdings. Leveraged and inverse products rebalance daily to achieve their target objective.
- Direxion Daily India Bull 3x Shares (NYSEArca: INDL)
- Direxion Daily India Bear 3x Shares (NYSEArca: INDZ)
INDL has an expense ratio of 1.13% while the INDZ fund has a 1.14% expense ratio. Direxion recently increased the leverage on the two funds to 3x, or 300% the long or short performance of the underlying holdings.