Capital Group, an American financial services company, has said that India appears to be more attractive than other emerging market in the wake of the reforms initiated by the Modi government and a boost to domestic manufacturing, offering massive opportunities across sectors – from real estate to financial services and telecom.
Although it said that the stock markets — which has seen the Sensex and Nifty trade at record highs in recent weeks – appear overvalued, there is as lot going for it.
The path of India’s equities has never been a straight line, but over longer periods, the stock market has delivered some of the best returns among emerging and developed markets.
Fidelity Emerging Markets Limited (LON:FEML) is an investment trust that aims to achieve long-term capital growth from an actively managed portfolio made up primarily of securities and financial instruments providing exposure to emerging markets companies, both listed and unlisted.
