Causeway Capital Management's Arjun Jayaraman is still bullish on India despite the country's unexpected election result. The portfolio manager told CNBC Pro Talks last week that India is his top pick among emerging markets, and that the longer-term prospects for this market are good. But he cautioned that there may not be "huge upside" in the short term.
"The ones that have the most small-cap exposure the last few years will have the highest return," Jayaraman said. For investors who want to invest in large-cap stocks, he recommends the iShares MSCI India ETF . A third ETF that Jayaraman likes is the WisdomTree India Earnings Fund , which tracks an index that measures the performance of companies traded in India that are profitable. Jayaraman manages Causeway's Emerging Markets Fund and International Opportunities Fund .
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