immagine del profilo
India is my country bet, which I cover with $QDV5. 🇮🇳🤞🏼
9
immagine del profilo
@Ash I am surprised by the poor performance of the ETF, as I also see great potential and high growth rates in the Indian economy.
Perhaps these ETFs hold too many stocks that have no potential for growth... 🤔
1
immagine del profilo
@TradingHase I think so too and that is the main reason why I reject country ETFs. You buy 80% junk. I think if you want to get into growth markets like India that are performing well, you should take a bit more time and filter out the most promising companies.
4
immagine del profilo
@Multibagger
I see Mahindra as such a
3
immagine del profilo
Forget country bets. Especially on countries like India... You can do individual stocks but you should be aware of the risk 🙊
3
immagine del profilo
@TradingHase What do you mean by poor performance? After all, the thing has made almost 90% since its launch, not bad for an ETF in 7.x years.
immagine del profilo
@finanzperpetuum Looking at Max, 10% per annum is ok, but looking at the last year, the performance is permanently worse. For me, this is a clear sign of too many weak stocks in the pot. Better to collect strong individual stocks. I think the overall performance will be much better.
immagine del profilo
@TradingHase
Unfortunately, it is not so easy to invest in individual stocks in India.
Most of the time it is ADRs
1
immagine del profilo
Wouldn't MACI CHINA be better? :)
immagine del profilo
@TradingHase
India is lowering VAT from today.
This is good for consumption. Especially for cars.
@Max095
2
immagine del profilo
@Tenbagger2024 maybe I'll get on board at $MHID
1