tag:blogger.com,1999:blog-19613983.post115972265789760009..comments2023-09-29T01:32:13.651-07:00Comments on Financial News and Investments: Overview of Indian Markets and FundsUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-19613983.post-1161185979361750362006-10-18T08:39:00.000-07:002006-10-18T08:39:00.000-07:00I hold a good number of IFN (India Fund) shares, a...I hold a good number of IFN (India Fund) shares, and have been really confused by how this "thing" operates. <BR/><BR/>I dont understand why its at a 10% premium to its NAV?<BR/><BR/>If you chart the performance of IFN, IIF and ^BSESN on Yahoo charts for year to date, it lags both IIF and the BSE, but its still at a premium.<BR/><BR/>What is the "real" expense ratio? If you look at its income statement on finance.yahoo.com, there is a G&A expense of $2M and a 'Cost of Revenue' expense of $11M on revenue of $380M. Is the expense ratio calculated using only the G&A or both the above?<BR/><BR/>Is there a BSE index ETF equivalent in India or a fund similar to the Vangaurd 500 with low expenses in India so NRI's can transfer $$ to India and purchase it there?<BR/><BR/>I am confused and making $$ on the IFN, but would like to learn more. Why buy IFN vs ETGIX or MINDX or IIF?Anonymousnoreply@blogger.com