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  • Indian Stocks Have Banner Week [View article]
    The IFN Portfolio :

    finance.yahoo.com/p;_ylt=Aqb2Xk7nwXeCJRN5...
    Nov 05 07:54 am |Rating: 0 0 |Link to Comment
  • Indian Stocks Have Banner Week [View article]
    IMO, the best way to invest in India for an US investor is through IFN. Not only that it is trading at a 12% discount, it has a decent dividend yield. IFN also buys back 5% of its outstanding shared on a semi annual basis right at the NAV. Which is a definite bargain when the fund is trading at a discount.

    I am invested in IFN. Since I did not trust the NAV calculations of CEF, I painstakingly constructed a Yahoo Finance portfolio of all IFN holdings. The strength of the mix is amazing and the fund managers are doing a spectacular job. For example today, when the BSE is down 1%, IFN's NAV increased by 0.4%. Currently the total holding's value is tantalizingly close to 3Billion!
    Oct 30 10:06 am |Rating: 0 0 |Link to Comment
  • Indian Stocks Have Banner Week [View article]
    IMO, the best way to invest in India for an US investor is through IFN. Not only that it is trading at a 12% discount, it has a decent dividend yield. IFN also buys back 5% of its outstanding shared on a semi annual basis right at the NAV. Which is a definite bargain when the fund is trading at a discount.

    I am invested in IFN. Since I did not trust the NAV calculations of CEF, I painstakingly constructed a Yahoo Finance portfolio of all IFN holdings. The strength of the mix is amazing and the fund managers are doing a spectacular job. For example today, when the BSE is down 1%, IFN's NAV increased by 0.4%. Currently the total holding's value is tantalizingly close to 3Billion!
    Oct 30 09:51 am |Rating: 0 0 |Link to Comment
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