How To Invest in the Indian Stock Market
The Indian Stock Market has giving spectacular returns in the past 12 months.[Its doubled in the past 24 months.]
Unfortunately, people who live in America or Canadia aren’t allowed to invest directly in Indian Stocks. However there are a few Mutual Funds that are allowed to invest and through them we can join in the fun.
Morgan Stanley’s India Investment Fund has doubled in the past year and pays a dividend of 7.30%.
The India Fund similarly doubled in the past year but had a dividend of 9.90%.
Since we’re looking at foreign markets we might as well go the extra mile and look at Morgan Stanley’s Eastern Europe Fund, which almost doubled but gave a dividend of 20%!!!!! Now thats a return I can live with.
Both of the India Funds have expense ratios of approx 1.5% and have Morning Star Ratings of 5 stars. Eastern Europe Fund has a higher expense ratio of 2.1% and a 4 star rating by Morning Star.
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- What About LOR-Lazard World Dividend & Income Fund? When I first heard about LOR, I thought it meant Lord of the Rings, but no, the topic was on Lazard World Dividend & Income Fund(LOR). I got this email from a reader: I love your blogs. Please tell me what to think about an odd stock - LOR. They......
- Is The Stock Market Overpriced? The Dow has currently been up 24 out of the past 27 sessions. From what I've heard, this is a record. Its NEVER done this before!!!!And its not like the US economy is rock-solid. According to Chuck Butler of Everbank.com, the US unemployment rate should actually be at 12% instead......
- Asset Allocation with a twist or why you should keep 25% of your assets in cash A lot of professional money managers will quote some nobel prize winning economist theory about strategic asset allocation.[For the record, Harry Markowitz won the nobel prize in 1952 by showing that in the long run, investors make more money by investing in assets whose prices don't have a lot of......
Related Websites
- No Emergency Fund Yet? Invest in Dividends as A Bridge It can take a while to build up an emergency fund. Besides, you'll probably need more than one. You need a "big" emergencies fund for things such as accidents, deaths, or job loss. But you also need a general "unexpected contingencies" fund for expenditures that aren't family or life and......
- Why Index Funds are Bad Investments The entire personal finance blogosphere is in love with index funds, and I'm here to tell you why they're bad for your investment portfolio. This should go over well. Black sheep anyone? I realize this thesis will not be a popular one, but from my perspective as an active investor......
- President-Elect Obama Roundup Another edition of the RCDL roundup. Congrats to President-Elect Obama for winning the election! Frugal | Money Saving Tips: The Christian Science Monitor takes a look at when gift-card promises go unfulfilled. Good points for holiday shoppers. Financial Ramblings writes this winter tip: The Most Beautiful Way To Save Money......
[All content is copyright of Living Off Dividends & Passive Income]
April 23rd, 2006 at 4:22 pm
What do you think the future holds for this stock?
April 24th, 2006 at 5:09 am
i’m not a fortune teller nor do I play one on TV!
I read some data somewhere that says by 2050, India will be the world’s largest economy. I don’t know if thats true, but I’m confident the US will not do as well as it has in the near future. So I’ll be putting some eggs in foreign baskets.
April 24th, 2006 at 10:51 am
Cool, this is interesting. I need to increase my foreign market exposure. Will think about these funds.
April 25th, 2006 at 6:07 am
india the largest economy!!!.. I heard that goldman sachs predicts CHINA will the be the largest economy by 2020…. so we going to have two large players here?
April 25th, 2006 at 8:12 pm
The indian market has been doing insanely well. There is no doubt foreign exposure is most definitely mandatory for any investor. Just be sure to know where your money is going.
http://www.rohailrizvi.com