Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the iPath MSCI India Index (AMEX: INP) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at iPath MSCI India and see what CAPS investors are saying about the ETF right now.

iPath MSCI India facts

Inception December 2006
Total Assets $488.3 million
Investment Approach Seeks to track the MSCI India Total Return Index, which is designed to measure the market performance of Indian equity securities.
Expense Ratio 0.89%
3-Month / 1-Year / 3-Year Return (13.7%) / (33.7%) / 21.2%
Top Holdings with High CAPS Rating (4 or 5 Stars) and Portfolio Weight Infosys (Nasdaq: INFY) (7.6%)
ICICI Bank (NYSE: IBN) (2.6%)
Sterlite Industries (NYSE: SLT) (1.0%)
Alternatives PowerShares India Portfolio (NYSE: PIN)
WisdomTree India Earnings Fund (NYSE: EPI)

Sources: Morningstar and Motley Fool CAPS.

On CAPS, 97% of the 262 members who have rated iPath MSCI India believe the ETF will outperform the S&P 500 going forward. These bulls include KKS553 and thomas94305.

Having gotten on board a couple of years ago, KKS553 nicely summed up the opportunity:

India should grow at an average rate of 8-9% over the next 20-30 years. For those who worry about the volatility/stability of a foreign market, they should keep in mind that India is a stable (and the world's largest) democracy, has a sound legal system that works, is [E]nglish speaking and has a highly trained and skilled work force in addition to massive amounts of natural resources that the country sits on.

iPath MSCI India, in particular, sports a portfolio whose stocks average revenue growth of 19%. That's higher than other India ETFs like PowerShares India Portfolio (13%) and WisdomTree India Earnings (9%).

CAPS member thomas94305 elaborates on the bull case:

India has fundamentals going for it not seen in the other 3 BRIC economies. They had economic reforms some years ago, making them more [W]estern-like that are now yielding fruit. They are not as commodity focused as Russia or even Brazil. They are not experiencing the arguable bubble that China may have, and again are not as government regulated. They continue to develop hi-tech, which will serve them for many years, even as they price out of the outsourcing game.

What do you think about iPath MSCI India, or any other ETF for that matter? If you want to retire rich, you need to put together the best portfolio you can. Owning exceptional ETFs is a surefire way to secure your financial future, and on Motley Fool CAPS, thousands of investors are working every day to find them. CAPS is 100% free, so get started!

Interested in another easy way to track iPath MSCI India? Add it to your watchlist.