As was recently highlighted, exchange traded funds tracking Indian equities started 2016 struggling. But in recent months, India ETFs are gaining momentum -- including the $1.42 billion WisdomTree India Earnings Fund (NYSE: EPI).
WisdomTree, one the largest and oldest India ETFs, is higher by 8.2 percent over the past 90 days, compared to a gain of 4.6 percent for the MSCI Emerging Markets Index over the same period.
Investors have until now been disappointed by the slack performance by Indian stocks, because as a net oil importer, it's economy was expected to benefit from lower crude prices. That trend could be starting to change. Despite rebounding oil prices this year, they are still low enough to favorably impact the ...
/www.benzinga.com/trading-ideas/long-ideas/16/07/8255547/oil-dip-building-upserge-adds-even-more-reasons-to-consider-i alt=Oil Dip, Building Upserge Adds Even More Reasons To Consider India ETFs>Full story available on Benzinga.com
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