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Q: Indian exchange traded funds ( No Answer,   1 Comment )
Question  
Subject: Indian exchange traded funds
Category: Business and Money
Asked by: soodss-ga
List Price: $4.00
Posted: 15 Sep 2005 08:14 PDT
Expires: 15 Oct 2005 08:14 PDT
Question ID: 568355
I want to invest in an Indian exchange traded fund (ETF).  I believe
there are only a handful of funds but I am having trouble finding
them.  Most of them either track the SUNSEX or NIFTY indexes.  I would
like to know which funds are available for investment with their
symbols.
Answer  
There is no answer at this time.

Comments  
Subject: Re: Indian exchange traded funds
From: jago8-ga on 15 Sep 2005 15:02 PDT
 
You don't say whether you're looking for an ETF in India or an ETF
listed on (say) NYSE but tracking NIFTY - ie where are you based.  If
the former, look on http://www.nse-india.com/ - there is a link on the
bar at the top to ETFs, under which is a list of the 5 currently
listed on NSE.  I think there is at least one listed on BSE in Mumbai
too, presumably tracking Sensex, but I haven't looked.  If the latter,
I haven't found one.  NYSE and AMEX list ETFs tracking indices in
China (for instance) but not apparently India.  The BGI iShares series
doesn't have India.  The nearest seems to be India Fund Inc (IFN) and
Morgan Stanley India Investment Fund (IIF), neither of which are ETFs
- I assume they are actively rather than passivley invested but I
haven't gone and checked.

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