Investing in India’s economic growth


Hi there

I have been searching extensively for ways to invest in India's economic growth.

I researched all the ETFs, actively managed, passively managed, CEFs, Emerging market ETFs, all of them.

However, none of them were a match for me, as most of them seem to have been trading sideways for decades and India's market PE ratio is also indication some overvaluation.

After being stuck in this paradox for weeks, I have stumbled upon india's largest bank: HDFC bank.

It has a pretty smooth upward trend and good fundamentals on paper.

I would like to hear your opinions on this bank, is it a good long term bet on India's economy?

Do you guys know of a better way to invest in India's growth?

Thanks.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *