Turn to India to spice up your portfolio

India, as one of the most diversified equity markets in Asia, offers rich opportunities for investors who know where to look.

If you’re a fan of Indian cuisine, you’d be familiar with their wide variety of spices: cardamon, cayenne pepper, turmeric, cumin, coriander seeds, and more. It might seem complex, but knowing how to use these spices is the key to cooking a scrumptious dish!

Just like its spices, India’s markets offer you a unique blend of opportunities. With one of the world’s most diversified equity markets, India potentially offers skilled investors significant room for outperformance in Asia.

Yes, the COVID-19 pandemic has affected India’s economy much more severely than others. And yes, India has garnered less investor attention in recent years. But a possible economic rebound may allow investors to benefit from the less crowded Indian equity market.

Some note-worthy reforms include improving the labour market, bankruptcy codes, and real estate transactions. India is also planning to spend more on education, healthcare, nutrition, and urban infrastructure to generate more jobs and maintain a positive sustainable growth.

Let’s not ride this wave blindly

But let’s not be too hasty yet. The Indian economy contracted by at least 8% in 2020 because of the COVID-19 pandemic, and not all its reforms are in place yet. But of course, change will always be challenging for any country — more so for one that requires the alignment of 29 states. Nonetheless, should these reforms be put in place, India has the potential to go far.

Just like knowing which spices would enhance your dish, understanding India’s unique economy and its opportunities can help you sprinkle some flavour into your investment portfolio. To find out more you can read our thought leadership article at Why India has much to offer.

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