At present, there are no real India ETFs, only closed-end funds like IFN. I did a chart comparison (at MSN Money) of IFN versus the Mathews India Fund (MINDX), Barclay's India ETN (INP), and the Morgan Stanley India Fund (IIF). IFN did better than all of them except for MINDX, which beat IFN by a wide margin according to the charts. Over the last two years (the period MINDX has been around), MINDX is up 115% compared to 50% for IFN. One difference, however, is that IFN pays out a sizeable dividend while MINDX pays no dividend. Does anyone know if most free chart programs take dividends into consideration when figuring how far a stock has advanced over a given period?Any other comments about investing in any of these India funds?
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