iShares CNX Nifty India (XID.TO)

The iShares CNX Nifty India (XID-T) is considered a prominent ETF in the Canadian market for accessing Indian equities. Experts acknowledge its significant presence but raise concerns about its relatively high management expense ratio (MER) of 1%. While the potential for growth in India's economy is noted, especially given its youthful demographic, analysts recommend considering a broader approach to emerging markets. Comparisons with ZID highlight that XID serves as an 'index of an index,' offering less direct exposure to companies, while ZID provides better diversification at a lower fee. Furthermore, the consensus is that the emerging markets sector shows promise, particularly in a favorable USD environment, making it an attractive focus area for investors.