Recent years have seen rapid economic growth in India and China. But, with both countries having undergone major change and challenges in 2012, questions about their future potential have led to much debate among investors.
"Only a biker knows why a dog sticks its head out of a car window."
Specialist fund group Ocean Dial Asset Management has launched the Gateway to India fund, which is a 30-35 stock portfolio focused on domestic growth companies.
More Western asset managers look set to follow in the footsteps of Schroders and Invesco by acquiring stakes in Indian fund management companies to take advantage of a growing interest in investments.
J.P. Morgan's Austin Forey is upping his exposure to Indian equities despite admitting the region's poor performance had impacted the fund this year.
India's National Stock Exchange has said 59 "erroneous orders" were responsible for a plunge in Indian equities that saw the S&P ‘Nifty' index shed 15% earlier today.