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TrackInsight: Indian Large Cap Stocks perform poorly

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08/14/2019 | 10:15am EDT

ETFs included in the TrackInsight segment of Indian Large Cap Stocks saw their performance dip on Tuesday, August 13th.

ETFs included in the TrackInsight segment of Indian Large Cap Stocks saw their performance dip on Tuesday, August 13th by -2,61% on average. India is actually experiencing an economic slowdown, with a growth rate not as high as before, and this could explain the difficulties of the segment, which is breaking even in 2019 (-0,74%). Despite this lack of performance, investors seem to be trusting the Indian stocks market, the proof are the $618M of inflows recorded on the primary market for this segment in 2019. 41 ETFs tracking 14 indices are related to Indian Large Cap Stocks, and they gather a total of $4,01Bn of assets under management.


© www.trackinsight.com 2019
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