Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, the PowerShares India ETF (AMEX: PIN) has earned a respected four-star ranking.

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

PowerShares India facts

Inception March 2008
Total Assets $371.9 million
Investment Approach Seeks to replicate the price and yield performance of the Indus India Index
Expense Ratio 0.78%
Dividend Yield 1%
3-Month / 1-Year / 3-Year Returns (18%) / (25.1%) / 22.2%
Major Holdings With High CAPS Interest (at least 800 Active Picks) and Portfolio Weight Infosys Technologies (Nasdaq: INFY) (9.1%)
HDFC Bank (NYSE: HDB) (4%)
ICICI Bank (NYSE: IBN) (1.7%)
Alternatives WisdomTree India Earnings (NYSE: EPI)
iShares S&P India Nifty 50 (Nasdaq: INDY)

Sources: Morningstar and Motley Fool CAPS.

On CAPS, 95% of the 147 members who have rated PowerShares India believe the ETF will outperform the S&P 500 going forward. These bulls include eksummers620 and obarurnq.

This past summer, eksummers620 tapped the ETF as a relatively inexpensive selection: "For cost conscious investors, [PowerShares India] offers the cheapest way to gain exposure to Indian equity markets."

In fact, PowerShares India sports an expense ratio of just 0.78%. That's lower than that of other India ETF plays like WisdomTree India Earnings (0.83%) and iShares S&P India Nifty 50 (0.89%).

CAPS member obarurnq elaborates on the bull case:

Good, safer emerging market choice. If China's overbought (as some say), then India has to be the best choice in overseas equities. They've got a billion people and a large number of those are candidates to update a lot of their personal technology. From computers to refrigerators and cell phones to plumbing -- the potential is huge.

What do you think about PowerShares 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 PowerShares India? Add it to your watchlist.

Fool contributor Brian Pacampara owns no position in any of the companies mentioned. Try any of our Foolish newsletter services free for 30 days.

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Fool's disclosure policy always gets a perfect score.