SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : India Coffee House
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DAMY who wrote (398)5/6/1998 6:55:00 PM
From: Mohan Marette  Read Replies (1) of 12475
 
Political stability in India-Well that is an overstatement.<gg>

Ref:Morgan Stanley India Fund.

Damy:

I hope you didn't buy the fund thinking India is going to be politically stable, because I don't think that is going to happen any time soon.If any of the coalition government stays 6 months to a year that is would be a miracle.

However if you bought the fund at a discount you should make money in the long run I would think.Most of the companies are selling at low P/Es especially compared to the U.S or Japanese companies and many f them are growing at 25% or more annually.The economy is expected to grow somewhere between 5-7% a year even with all the restrictions.I believe for one to get a good return in any mutual funds one has to hold it at least a min of 5 years preferably 10 years or more.That is
all I know perhaps someone else can shed better light on the situation.

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News