| INDIA LOOKING FOR BUSINESS

19th Jan by Helvellyn

5 comments 461 reads

Davos 2024: India goes big to woo investors at World Economic Forum (cnbc.com)

For anyone interested in investing in India this from CNBC this morning would be worth a read.

I have a holding in India Capital Growth Fund (LON:IGC)

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About the Author

Helvellyn

Premium Member

5 comments

Charles Mitchell

19th Jan

Thanks Hevellyn. I hold IGC as well. Short term the stockmarket looks fully priced, but I think IGC have moved slightly into cash so still a long term hold for me. They have slightly underperformed but I think due to "froth" in sectors they do not invest in. Might be worth posting the link here- quite a few readers of this hold India Investment Trusts. https://www.stockopedia.com/co...

Helvellyn

19th Jan

Yes Charles I agree that India Capital Growth Fund (LON:IGC) has underperformed but only very recently, my daughter contributes into the Jupiter India fund which over the same time frame is up 30% against IGC's 20%.

Charles Mitchell

19th Jan

Last few months. Pretty sure it will recover, seems sectors they avoid are attracting the Private investor in India.

Cricketfan

19th Jan

Thanks Helvellyn.

I have only recently re-entered India (having held an I/Trust maybe 10 yrs ago, sold when I needed the money). Now I am drip feeding with my choice this time being Ashoka India Equity Investment Trust (LON:AIE) . I plan to drip feed into India and into Healthcare (Worldwide Healthcare Trust (LON:WWH) those being sectors where I don't have enough knowledge to sharepick myself.

N0vice1Nvest0r

23rd Jan

could this be good news for OPG Power Ventures (LON:OPG) ?

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INDIA LOOKING FOR BUSINESS

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Helvellyn

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