Highlighting their Satrix MSCI India ETF, invested in 131 major Indian companies, they underlined India’s robustness and diversification in one of the world’s fastest-growing emerging economies.
South African investment platform Satrix on Tuesday lauded the Indian equity market for exceptional growth while other emerging economies have been struggling.
“It has been four stellar years of growth for the Indian equity market despite a global pandemic and various regional instabilities plaguing other emerging economies during this time,” Satrix said in a statement.
One of the company’s products is the Satrix MSCI India Exchange Traded Fund (ETF), which holds 131 large and mid-cap Indian companies representing close to 85 per cent of the Indian stock market.
Satrix said this gives investors diversified access to one of the world’s fastest-growing emerging market economies.
https://www.thehindubusinessline.com/markets/south-african-investment-platform-satrix-praises-indian-equity-market-amidst-emerging-market-challenges/article67656943.ece
South African investment platform Satrix praises Indian equity market amidst emerging market challenges
