What if you invested monthly in an India ETF (INDA) for 10 years?
See what a 10-year monthly plan into INDA—Indian large- and mid-cap stocks—would have looked like using real price data, including its relative strength among emerging markets and the risks behind it.
Investment conditions
Asset · India ETF (INDA)
Method · Recurring monthly investment
Period · 2016-07-01 ~ 2026-07-01
Amount · $222 / month
As of · 2026-07-01
Key metrics
These results do not reflect taxes. Based on historical data.
Risk & recovery
As important as returns. This service does not hide maximum drawdown or loss periods.
Maximum drawdown (MDD)
-41.3%
Largest drop from peak
Longest loss period
4months
Months in loss: 9
Recovery period
4months
Growth over time
Invested principal (dashed) and portfolio value (solid). Values below match the calculation.
Total invested $26,889 → Final value $35,914 (+33.6%), Maximum drawdown (MDD) -41.3%
Why this period and asset
INDA tracks the MSCI India Index, holding Indian large- and mid-cap stocks. From 2016 to 2026, India showed relatively strong growth among emerging markets, backed by a young population, expanding domestic demand, hopes of manufacturing relocation, and growth in IT and finance. There were shocks like the 2016 demonetization (withdrawal of high-value notes) and the 2020 pandemic, followed by recoveries. But Indian stocks tend to price growth expectations into valuations in advance, so the higher the hopes, the deeper a correction can be if they disappoint.
Interpreting the result
This scenario shows that outcomes can differ sharply even within emerging markets. On the results screen, be sure to check the maximum drawdown, the underwater period, and the recovery time. Even a relatively strong market had sharp declines and delayed recoveries, and when high growth hopes are priced in, disappointment can bring a large correction. Monthly investing buys more units during declines but does not remove single-country concentration or currency risk.
Caveats & limits
India ETFs carry valuation and correction risk in step with high growth expectations, plus currency swings such as a weaker rupee. As a foreign asset, USD/KRW also layers in, and the ETF's expense ratio, trading costs, and taxes erode real performance. Past behavior does not guarantee future results, and this page does not recommend buying any specific asset.
Data sources & limits
- Price data source: Yahoo Finance / FinanceDataReader
- Collected on: 2026-07-23
- Effective trading date: 2026-07-01
- Price basis: Cierre ajustado (refleja dividendos y desdoblamientos de acciones)
- Trading fees and taxes are not reflected — figures are pre-tax.
- Based on historical data; does not guarantee future returns.
Frequently asked questions
If India was strong, will it stay good?
This page makes no predictions or recommendations. Past strength does not guarantee the future, and when growth is already priced in, disappointment can bring a large correction. Refer to the historical maximum drawdown on the results screen.
Why did India fare relatively better among emerging markets?
A young population, expanding domestic demand, and hopes of manufacturing relocation are often cited. But outcomes vary widely by country even among emerging markets, so it helps to compare results with other emerging-market and U.S. scenarios.
How does a weaker rupee affect returns?
INDA is dollar-denominated, so a weaker rupee trims dollar-based results, and won conversion adds another layer. Even if the index rises, won-based results can differ due to the currency effect, so consider it together.
Related scenarios
📋 Los resultados se basan en datos históricos; las rentabilidades pasadas no garantizan rentabilidades futuras.
📋 Este servicio se ofrece con fines educativos para ayudarte a entender la inversión, no como asesoramiento de inversión.