Indian ADRs substantially outperforms NASDAQ
2 Jan 2008
As reported in a rather old blog
here , Indian ADRs have substantially outperformed in the 1 year, 3 year and 5 year returns.
Some Conclusions
1. The growth of Indian ADRs outperforms the average US market by substantial margin in the last 3 years.
2. The difference in growth of the Indian ADRs and US market has narrowed in the last year.
3. The advantage of the Indian ADRs as compared to the average US market is on expected line because of the higher GDP growth of Indian in general and Indian companies in particular.
The inverstor will need to continue to explore Indian ADRs. We also will need to monitor Indian economy in general to take advantage of the global growth pattern.