Which is the best way to invest in the Indian share market?

[pythagoras]

G'day folks,

I'm new to investing (since Friday last week). My main goal is long term investment, however, my starting cash is quite low and already used up in 2x ASX ETFs and 2x Aussie businesses that do not pay dividends.

I am currently using Commsec as a platform to invest.

Any one have pro tip in how to access Indian market without paying silly management fees (0.8-0.95) to an ASX listed ETF with holdings in India?
Also any traps or tips and tricks? Or, am i getting over my head as a noobie?

Thank you.

Kind regards,

Py

 

[Value Collector]

You can invest internationally through commsec if there is specific companies you want to buy.

 

[pythagoras]

You can invest internationally through commsec if there is specific companies you want to buy.

Hi Value Collector, the standard Commsec account doesn't, and the International trading account attracts allot of fees and also doesn't provide access to the Indian market.

Kind regards,
Py

 

[Value Collector]

Hi Value Collector, the standard Commsec account doesn't, and the International trading account attracts allot of fees and also doesn't provide access to the Indian market.

Kind regards,
Py

I use the commsec international account, I don’t get charged any fees, which fees are you talking about?
You can avoid the postage fee by selecting email.
And the $25 inactivate account fee only applies if you don’t trade or receive a dividend for 12 months, so as long as at least one of your stocks pays dividends you won’t be charged anything, or you just need to buy something or sell something once per year and you will avoid the fee also.

 

[joeno]

Ill advised atm. I used to follow the indian market. It's being overbought as a hedge and over-optimistic sentiment.

High PE for the risk + government risk + all sorts of shenanigans like inaccurate company reports as well as state-level manipulation of economic figures.

 

[pythagoras]

Ill advised atm. I used to follow the indian market. It's being overbought as a hedge and over-optimistic sentiment.

High PE for the risk + government risk + all sorts of shenanigans like inaccurate company reports as well as state-level manipulation of economic figures.

Hi joeno, thank you for your insights. I still haven't been able to find a clear way to access the market anyway. I use Commsec and there is no Indian Markets listed.

Probably best that i hold off for now, until i gain more experience and the factors you shared are eliminated.

Kind regards,
Py

 

[joeno]

Hi joeno, thank you for your insights. I still haven't been able to find a clear way to access the market anyway. I use Commsec and there is no Indian Markets listed.

Probably best that i hold off for now, until i gain more experience and the factors you shared are eliminated.

Kind regards,
Py

yes absolutely. Hold off until you're confident about the market. I'm not even confident about their economy... 10% drop this year vs expected +8% growth. Tragic.

 

[Dona Ferentes]

this article claims that ETFs for Indian exposure are inefficient, and underperform with a 3 per cent "slippage" for various reasons. I'm not sure as to the author's alignment

Investing in India - Convenience or Return?

Australian investors are increasingly becoming aware of India's growth potential due to its demographics. The next question is usually how?

www.livewiremarkets.com

 

[qldfrog]

this article claims that ETFs for Indian exposure are inefficient, and underperform with a 3 per cent "slippage" for various reasons. I'm not sure as to the author's alignment

Investing in India - Convenience or Return?

Australian investors are increasingly becoming aware of India's growth potential due to its demographics. The next question is usually how?

www.livewiremarkets.com

There might be some truths, and some interesting info CF timing, taxes,etc but the author is beating his own drums it seems.
I pay $10 brokerage to get In/Out of an Indian ETF, getting into a manager unit trust not exactly that simple, not guarantee it can be redeemed etc
For a small fry like me, it is ETF or nothing.
Actually, even the India ETFs are disappearing from my Australian Super SelfInvest shares I can play with.
Super fund policies..of sort
I luckily did get some before and will stick to these if only because I can not get them back thru the Super

 

[Dona Ferentes]

totally understand, qldfrog, and all that you say is true.

This guy Siva runs Sydney-based "India Avenue Investment Management". Has 2 funds: $107m & $17m.

Reported performance appears too good to be true (?), and is benefiting from being small n nimble. I bet he reports before fees. I'm not advocating; India is full of inefficiencies and taxes, is the takeout I make.