Seeking Alpha
16 Oct 2026, 11:30 UTC · 1h ago
INDA: India's Growth Is Intact, But Foreign Money Is Still Leaving
Impact · against what's priced in
The IMF's GDP upgrade and current ETF drawdowns are largely reflected in the current valuation, offering no immediate catalyst. Potential recovery for INDA depends on external factors like the U.S. trade deal and a rotation away from AI trades, which remain speculative.
- INDA+0.10
No priced-in read yet
- In context
The IMF's 7% GDP growth forecast for 2026 supports the fund's heavy financials allocation, though this is offset by a 10.9% YTD loss from capital outflows.
Read from the article alone
