ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. Beyond Basic Beta Channel
  2. For Long-Term EM Growth, India Answers the Bell
Beyond Basic Beta Channel
Share

For Long-Term EM Growth, India Answers the Bell

Tom LydonJul 13, 2023
2023-07-13

Goldman Sachs recently said that by 2075, India will be the world’s second-largest economy. Obviously, more than 50 years is longer than many investors’ time horizons. However, for market participants interested in what’s currently Asia’s third-largest economy, the time to act may be now.

Indian equities are already among the world’s best performers this year. That’s not a new trend, as the country has been an emerging markets leader for a couple of years now. Investors can efficiently access Indian equities in broad fashion with exchange traded funds such as the VanEck India Growth Leaders ETF (GLIN C).

GLIN, which tracks the MarketGrader India All-Cap Growth Leaders Index, is living up to the “leaders” in its name. The VanEck ETF is up 12.52% year-to-date, or more than double the returns of the MSCI India Index. That’s testament to a methodology that seeks to identify Indian firms with strong growth prospects.

GLIN Meets GARP

The foundation of GLIN’s methodology is highly relevant today. Simply put, the concept of growth at a reasonable price (GARP) is the bedrock of this ETF. That’s especially attractive at a time when many market observers assert that Indian equities are richly valued.

On the other hand, those lofty multiples are in part the result of growing earnings and increasing ebullience regarding the long-term prospects of the Indian economy, which is currently the fifth-largest in the world.

“India’s GDP is expected by economists to grow faster than 6% in each of the next three years, compared to the U.S., which is expected to grow less than 2%. The International Monetary Fund forecasts India to be the third-largest economy by the end of the decade, overtaking both Japan and Germany,” according to Charles Schwab research.

The long-term outlook for Indian stocks and thus GLIN is further enhanced by the country’s status as the world’s largest democracy. India is also expected to surpass China as the most populous nation.

India wresting share from China as a manufacturing center adds to GLIN’s long-term appeal. The government continues to show Western multi-national companies that it’s open for business.

India’s policy makers are “making efforts to attract companies by offering incentives for producing in India, easing regulatory burdens and investing billions of dollars in improving the country’s infrastructure. It is showing some signs of success. For example, Apple is expected to move some iPhone manufacturing to India,” concluded Schwab.

For more news, information, and analysis, visit the Beyond Basic Beta Channel.


Content continues below advertisement

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X