newish and very very exciting stock

At a time where the stock market is at best times shaky in the US and uncertain in China, I thought I should let you about this new stock.

India Equities Fund Limited (ASC code : INES) is the first Australian Listed Investment Company on the ASX with a portfolio dedicated to Indian equities (mainly blue chips). They have listed end of Q1 this year and after a slow start look strong & are doing very well and, based on their results so far, will keep up the pace.

As we all know, India is one of the most exciting places to invest these days with a very strong (not like most of western places) and well reasonable/deserved/justifiable (not like China) growth.

I bought some when they listed so will let you do more research. Their web site is www.indiaequitiesfund.com.au - you will be able to look at their performance in more details and the list of companies they have invested in.