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Investing in India's small-cap market offers strong growth potential, with the iShares MSCI India Small-Cap ETF providing diversified exposure to 499 companies. The SMIN ETF's sector composition, with heavy Industrials and Financials exposure, aligns well with India's long-term infrastructure and economic growth prospects. Despite a higher expense ratio of 0.79%, SMIN's past performance and diversification make it a compelling option for investors seeking underappreciated equity exposure.
This article discusses the potential risks associated with Indian Prime Minister Modi's election disappointment but concludes that it actually strengthened the case for owning India. The author argues that India demonstrated that it is a genuine democracy able to refocus policies with a prod from the electorate. India's economic growth and development should not be damaged by the modest rebuke to Modi's BJP and could profit from focus on creating a better economic situation for the poor.
Wall Street was upbeat in June, as the S&P 500 topped the 5,500 level for the first time. These ETFs also saw strong growth.
India looks set for policy continuity in PM Modi's third term. Relative to an exceptional macro/micro setup, valuations aren't all that demanding here. Having outperformed through the last two terms, SMIN's small/mid-caps should continue to do well.
India's stock market has been a standout performer in recent times. The winning trend can continue in the coming months on the election hopes.
Investors are advised to buy India and stay away from China as India has stronger growth and a better relationship with free market economies including the U.S. China's stock market may seem "dirt cheap" but poor demographics and political issues call its investment future into question while India's good demographics assure future growth. Ongoing economic reforms and infrastructure improvements directed by the Modi regime will continue to raise living standards.
India's long-term growth prospects remain promising, due to favorable demographic trends and ongoing economic reforms, However, concerns over stretched valuations persist.
The introduction of India government???s bonds into two major global indexes is providing a significant boost to the rapidly expanding nation.
iShares MSCI India Small-Cap ETF has generated tremendous alpha for a long time now. Indian small-caps are favored due to the country's strong economic growth, political stability, and encouraging industrial and business conditions. Despite a favorable backdrop, we close with some thoughts on why it may be prudent to not get carried away at these levels.
For investors seeking momentum, iShares MSCI India Small-Cap ETF SMIN is probably on the radar. The fund just hit a 52-week high and is up 53.8% from its 52-week low price of $48.11/share.