Goldman Sachs has upgraded Indian shares to overweight from underweight due to the improving economic fundamentals and expectations that corporate earnings have bottomed.

The better outlook for the domestic economy would also bolster smaller companies. Investors can gain exposure to India’s small-cap stocks through the Market Vectors India Small-Cap Index ETF (NYSEArca: SCIF), EGShares India Small Cap ETF (NYSEArca: SCIN) or iShares MSCI India Small-Cap ETF (NYSEArca: SMIN).

WisdomTree India Earnings Fund

For more information on India, visit our India category.