iShares India Nifty 50 ETF (INDY)

INDA is a bit more diversified with 70-90 stocks, instead of just the top 50 of INDY. The MERs are fairly pricey around 90 bps or so. The MER for EPI is somewhat smaller, around 30 bps lower.

He's not that familiar with that market or the companies in those ETFs. Modi has made changes there, mainly to the good. But ethnic divisiveness is a serious issue. He's not investing there for his clients at this point.

Declining interest rates are good for emerging market economies, plus the supply chain is moving there.

Apple will not go back to China for capacity, so growth will continue in India.

There aren't many ways to play India, but he likes it. There's more room to run and keep rising.

An ETF for India? He would look at this one which will give you the Nifty 50 index in India. Prefers playing emerging markets through individual names or on a broader based ETF such as VWO-N, a Vanguard FTSE emerging market, which will cover all the bases including India and China.

An Indian ETF for the long-term? He is looking at ETF’s that have a lot of liquidity and low costs. If you want the large cap players, you might look at this which has an MER of .94%, and is the 50 largest companies in India. Or you could use IShares MSCI India (INDA-US), which simply tracks the index of Indian stocks. It has an MER of only .68%. If you want exposure to India, this is probably the easiest way.