Well I am on the plane right now heading to India, so I thought I would leave you with some facts about India. Study it hard because there will be a quiz (not really).

Bombay Stock Exchange

• Sensitive Index: composed of the 30 largest and most actively traded stocks.
• Market capitalization = $1.1 trillion U.S.

Popular ETFs

• India Fund, Inc. (IFN): invest in public equity markets of India.
• Morgan Stanley India Investment Fund (IIF): invest in common stocks and short-term investments.

Currency: 1 U.S dollar = 39.535 rupees

Major Exports: textiles, jewelry, engineering goods, and software.
Natural Resources: arable land, bauxite, chromite, coal, diamonds, iron ore, limestone, manganese, mica, natural gas, petroleum, and titanium ore.

4 Richest Indians

• Lakshmi Mittal - $51 billion
• Mukesh Ambani -$49 billion
• Anil Ambani - $45 billion
• Kushal Pal Singh - $35 billion

Other Interesting Facts

• India has never invaded any country in its last 100000 years of history.
• Chess was invented in India.
• Algebra, Trigonometry, and Calculus originated in India.
• India is the largest democracy in the world.
• Largest employer in the world is the Indian Railways.
• The World’s first university was established in India.
• Columbus was actually try to get to India before he ended up finding America.

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• Managing Portfolio out of the Country

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