Financial Press, January 16th (Edit Malaysia) In 2023, the Indian ETF market harvested the happy news, and the net inflow of ETF in India's stock has reached a record high, reaching $ 8.6 billion.Analysts believe that the Indian election held this year will continue to help the market attract international funds.Udabur Wealth Management

Tom Bailey, director of the HANETF ETF research director, said that the exit of strong funds in 2023 showed that investors did not think that the next election would constitute political risks.This shows a distinctive contrast with elections in other countries and regions, such as Argentina.

In the local election at the end of last year, the Indian People's Party led by Modi accidentally won the control of four key states, which injected a strong needle into the expectation of Modi's continued administration.Subsequently, in December, the Indian stock market reached a record high, and the scale of Indian stocks purchased by overseas investors at that month also reached a record high.

BAILEY pointed out that he believes that the inflow of funds in India on the one hand is on the one hand, on the one hand, and on the other hand, India's economic progress and extensive optimism are also an important reason for the rise in Indian asset prices.New Delhi Stock Exchange

India is expected to record an annual growth rate of 7.3%as of the fiscal year as of March, which will become the highest increase in major global economies.Analysts said that this allows more investors to choose India to achieve their own investment in emerging markets.

In 2023, the India's NSE NIFTY50 index soared by 20%, while the valuation of MSCI emerging markets rose 7%, and India performed well in a crowd of emerging markets.

Sammy Suzuki, director of Lianbo Emerging Market, said that as the Indian market grows into a stable period, India's high growth rate is eye -catching.However, India also has a high valuation problemLucknow Investment. It is recommended that investors carefully choose to succeed.Mumbai Investment

Malcolm Dorson, the emerging market strategy director of Global X, said that ETFs are more convenient than direct investment in Indian stocks, because India stipulates that foreign investors need to stay for 9 months to open a local securities account.

He also optimistic that 2024 is the election of India, and many people think that this is a smooth year in the Indian market.The Modi government is trustworthy in terms of expenditure and economic policy.