Why India has much to offer

The Covid-19 pandemic may have affected India’s economy more severely than many others. However, the Indian equity market has much to offer to investors, Anand Gupta, Portfolio Manager, Eastspring Investments, believes.

“For one, the MSCI India Index, which measures the performance of the large and mid-cap segments of the Indian market, is one of the most diverse in Asia, and among emerging markets. By having diverse sizable sectors that derive revenues from both within and outside of India, there are many opportunities for skilled stock pickers to buy into companies that can beat the broader market”, Gupta wrote in a recent insight.

“Active managers can adjust sector weights according to their outlook of the domestic economy. This unique feature helps the Indian equity market outperform other emerging markets over the long term.”

Read the full insight at Eastspring.com/lu.