iShares CNX Nifty India (XID.TO)

The iShares CNX Nifty India ETF (XID-T) has been highlighted as a leading choice in Canadian ETFs for accessing Indian markets, despite its relatively high Management Expense Ratio (MER) of 99 basis points. Experts express a favorable outlook on India, noting the potential for economic growth due to its young population and improvements in infrastructure. However, comparisons with the ZID ETF reveal that ZID offers cheaper fees (0.72% MER) and broader diversification since it represents actual companies rather than an index of an index. Overall, while XID presents a viable option for Indian market exposure, analysts suggest looking at broader emerging markets for greater returns, especially under favorable currency conditions. The sentiment reflects a cautious approach towards investing in individual countries like India amidst the volatility associated with emerging markets.