Three ways to share in India’s success story

Cash is increasingly finding its way into Indian equities. Professional investor David Cornell tips three stocks with which to cash in.

Each week, a professional investor tells us where he'd put his money. This week: David Cornell of the India Capital Growth Fund selects three promising growth plays.

Investors should always scan the whole horizon for investment opportunities. They certainly should not miss India, which is the world's sixth-largest economy with a population of 1.3 billion, second only to China. The economy is growing at around 7% a year (the UK is managing 1.8%) and the Indian stockmarket boasts more than 5,000 listed companies compared with the 2,600 in the UK.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
David Cornell

David Cornell has extensive experience in asset management, with a particular interest in emerging markets.

David lives in London these days, but previously lived in Mumbai, where he was the principal advisor at Ocean Dial Advisers Asset Management, an India-focused investment company, and manager of th eIndia Capital Growth Fund.

In 2013 David became the MD and CIO at Ocean Dial. He held this title for nine years, in which time he successfully increased the growth and profitability of the business.

David graduated from the University of Durham with a degree in English and history. 

Before beginning his investment career, David served as a captain in the British Army.