US ETFs to Buy for Samvat 2083: Samco recommends 2 ETFs with potential upside of up to 60% for Indian investors
US ETFs to buy, Nov. 10 -- Indian investors looking to diversify beyond domestic equities may consider adding exposure to US markets, particularly as currency fluctuations and geopolitical uncertainty continue to influence investment returns. In its Samvat 2083 investment strategy, Samco Wealth has recommended two US-listed exchange-traded funds (ETFs) as long-term portfolio hedges: the Energy Select Sector SPDR Fund (XLE) and the Health Care Select Sector SPDR Fund (XLV).
The recommendations target two risks that affected Indian investors during the previous Samvat - rising crude oil prices and a weakening rupee. Samco has assigned potential upside of 47% to XLE and 60% to XLV, with a suggested holding period of at least two years.
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