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Indian market traded ETF for someone living in India?

Posted on July 26th, 2010 in etf trading system | 6771 Comment »2010-07-26+18%3A38%3A30admin

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I feel market is down(not sure for bottom, but). My old relatives who lives in India want to invest in Mumbai Stock exchange. I suggested him to put money in Index ETF, but which ones? Can some one suggest names in India, similar to IIF or IFN as we have in USA.

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677One Response2010-07-26+18%3A38%3A30admin

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I haven’t personally invested in ETFS in India , but I have researched little.
There are ETFs like Quantum Index Fund and ICICI SPIcE Fund that track broad indices such as the S&P CNX Nifty and the BSE Sensex respectively.
So you might suggest that to them.

On my blog, I have done some posts on learning about ETFs.
Investing in ETFs – http://investmoneyinindia.com/investing-in-etfs/
Advantages and Disadvantages of ETFs – http://investmoneyinindia.com/advantages-and-disadvantages-of-etfs/
Quantum Index Fund (QIF) – http://investmoneyinindia.com/quantum-index-fund-qif/

Hope this helps.

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