PIN: High-Quality India ETF With Low-Quality Returns

Core Insights - The NIFTY 50 Index has increased by over +10% year-over-year, while the Invesco India ETF (PIN) has underperformed, declining by -7% in 2025 [1] - The Invesco India ETF has also underperformed compared to the S&P 500 [1] Investment Philosophy - The investment approach focuses on long-term value investing, emphasizing rational decision-making and downside protection [1] - The analysis aims to provide clear, research-based insights to help investors understand valuation, fundamentals, and risk [1]