TSE:ZID
BMO India Equity Hedged to CAD ETF (ZID.TO)
Financials 
Technical Analysis 
Aug 4, 2026, 12:00 amThis summary was created by AI, based on 6 opinions in the last 12 months.
The BMO India Equity Hedged to CAD ETF (ZID-T) has garnered mixed reviews from various experts. A consensus seems to lean towards caution, with some advising to wait for clearer signs of bottoming out and a return of momentum, stressing the risks associated with 'catching falling knives.' Another expert noted a broken support level at $47 and is monitoring the situation before considering a re-entry. However, others see potential in India's young demographic and economic growth, recommending this ETF for long-term, buy-and-hold investors due to its lower fees and direct exposure to Indian companies compared to alternatives. Lastly, there's an acknowledgment of technical strengths indicating a potential breakout, but the necessity for careful risk management is emphasized due to external factors like government corruption affecting investments.
There has been a lot of enthusiasm about India’s new prime minister, and that he will be freeing up a lot of the capital restriction rules with much more open markets. The prices of these things have really gone through the roof in anticipation, but he doesn’t think it is being done yet. This is not something he would want to go into right now.
Hit a peak of around $21 and had expected it to come off a little, which it has. He has his 1st tranche in there for one client class, and is waiting to buy it for the 2nd client class. Chart shows a long downward and upward curve from 2011, which could become a cup and handle. He would like it to stay above the $17 level.
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Chart shows a strong upward trend from late 2013. Recently pulled back a little and is an opportunity within the trend that people ought to look at. India has been very accommodative of business.