India: The Long-Duration Case
Indian businesses have demonstrated consistent growth in their underlying net worth over the past two decades, navigating through various crises and market cycles. Currently, India is trading at a premium compared to broader emerging markets, although this premium is at a near 20-year low. While there are inherent risks, the long-term outlook for India remains positive.
- ▪Indian businesses have grown their underlying net worth consistently for two decades.
- ▪India has always traded at a premium to broader emerging markets, which is currently near a 20-year low.
- ▪The risks associated with investing in India are acknowledged, but the long-term outlook is favorable.
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