How to invest in India
India is a developing country and economy is growing at approximately 8%. The Indian stock market though volatile, is booming. If you live in USA and want to invest in India, you can invest in either INP, EPI or PIN. INP is an ETN (Exchange Traded Notes)whereas EPI and PIN are both ETFs (Exchange Traded Funds). EPI and PIN are relatively new (inception in March 2008) and INP has been there for long time. The basic difference between ETF and ETN is, after creation ETF is placed with the trust and usually the company which created it acts as the adviser. If the adviser goes bankrupt then the trust replaces the adviser with someone else and your money is safe. ETN on the other hand, are the bonds issues by a company. So if the issuing company goes bankrupt then you are basically standing in line with other creditors to recover your money. So before investing in ETN, read the terms and conditions very carefully. I have not got a chance to compare the three so I can not basically tell which...