SMIN / SMIN: Indian Small-Cap Stocks Are Well Positioned But Materially Overvalued

The iShares MSCI India Small-Cap ETF has outperformed other India funds in 2023, with a 24% total return. The ETF has a small-size orientation and pay more_horizontal

For investors seeking momentum, iShares MSCI India Small-Cap ETF SMIN is probably on radar. The fund just hit a 52-week high and is up 29.9% from its more_horizontal

India could be a good option for international diversification, as it offers a low correlation with the U.S. and is less dependent on a weak dollar an more_horizontal

India is expected to become one of the main growth engines of the global economy due to its large population and economic opportunities created by the more_horizontal

India essentially became the office of the world as corporations became more comfortable with work being performed outside of the office. We see fewer more_horizontal

India is currently experiencing 3 strong growth catalysts that should drive GDP outperformance. Legacy investment issues like a weak Rupee and mixed r more_horizontal

The iShares MSCI India Small-Cap ETF makes for a valid investment as it could appreciate by 19% despite recession risks in the developed world. My bul more_horizontal

Good growth momentum, strong credit growth, and a supportive budget environment provide a positive backdrop, though the Reserve Bank of India (RBI) st more_horizontal