SMIN Stock Recent News

India's economy is evolving into a consumption-driven powerhouse. The country's allure as a global business and technology hub is on the rise, attracting substantial foreign investment and tech giants.

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 49.6% from its 52-week low price of $48.11/share.

Indian large-cap equity performance has been impressive but nothing compared to the small and mid-caps. The widening small/mid-cap valuation premium is a concern, but investors also need to factor in the earnings growth differential. Heading into a catalyst-rich year ahead, the SMIN rally might still have legs.

Investing in Indian Small Caps offers high-growth potential and undervalued opportunities for investors. India's fast-growing economy, consumer demand, and government's fiscal approach support the investment thesis. The iShares MSCI India Small-Cap ETF provides diversification benefits and strong returns, despite its high expense ratio.

India ETFs have been riding high lately and hovering around a 52-week high.

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 pays a modest dividend, and its robust performance and top ranking in its sub-class make it attractive. SMIN's portfolio has a high allocation to growth stocks and favorable sector diversification, with no single equity stake dominating the fund.

Several India ETFs have hit a 52-week high lately. Untapped potential of India, real estate resurgence, slowdown in China, and improving GDP of India hve led to the uptick in shares.

From revitalized manufacturing to burgeoning real estate development and the establishment of global centers, India's economic landscape is brimming with potential.

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 52-week low price of $48.11/share.

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 and strong commodities. Despite being considered an emerging market, India has a well-established legal system and a large English-speaking population, which gives it a head start in interactions with free market democracies. Since 1991, India has seen an average GDP growth of 6-7%, double that of the U.S., making it an attractive investment option.