(FLXI) Franklin Libertyshares ICAV - Ratings and Ratios

The Franklin Libertyshares ICAV - Franklin Ftse India Ucits ETF (XETRA:FLXI) is a Germany-domiciled ETF designed to provide exposure to Indian equities. It tracks the Morningstar India TME NR USD Index, offering a diversified portfolio of Indian companies. The fund is structured as an Undertakings for Collective Investment in Transferable Securities (UCITS) and is listed on XETRA, making it accessible to European investors seeking India-focused equity exposure.

From a technical perspective, the ETF shows a price of 38.34 EUR as of the latest close, with a 20-day average volume of 51,786 shares. The short-term trend indicators, SMA 20 and SMA 50, stand at 39.60 and 40.84, respectively, while the SMA 200 is at 42.04, suggesting a recent downtrend. The ATR of 0.46 indicates moderate volatility in recent trading sessions.

Fundamentally, the ETF manages an AUM of 603.97 million EUR, reflecting its popularity among investors seeking targeted exposure to the Indian market. The funds UCITS compliance ensures adherence to strict regulatory standards, providing a layer of investor protection and transparency. Its tracking of the Morningstar India TME NR USD Index ensures a rules-based, diversified approach to Indian equity investment.

3-Month Forecast:

Technical Data Outlook: - The ETFs price is currently below its SMA 20, SMA 50, and SMA 200, indicating bearish momentum. - If the price fails to reclaim the SMA 50 level of 40.84, further downside toward the SMA 200 level of 42.04 is possible. - The ATR of 0.46 suggests that volatility is likely to remain contained, with potential price swings of 1.38% to 2.30% over the next quarter.

Fundamental Data Outlook: - The AUM of 603.97 million EUR reflects stable investor interest in Indian equities. - Indias economic growth prospects, driven by structural reforms and a focus on domestic manufacturing, could support the ETFs underlying index performance. - However, external factors such as global market sentiment and currency fluctuations may impact returns.

Overall Forecast: - The ETF is expected to remain range-bound in the near term, with a potential downside of 5-7% if broader market conditions deteriorate. - Upside potential is limited to 3-5% if the price recovers above the SMA 50 level and macroeconomic conditions stabilize. - Investors should monitor India-specific macroeconomic data and global risk sentiment for cues on the ETFs direction.