Is HDFC Bank (HDB) a Great Long-Term Investment?

Motiwala Capital, an investment management firm, published its fourth-quarter 2021 investor letter – a copy of which can be seen here. In 2021, the fund’s core US capital appreciation gained +26.5% net of fees. US markets continued their winning ways with the S&P 500 index returning 28.7%. Spare some time to check the fund’s top 5 holdings to have a clue about their top bets for 2022.

Motiwala Capital, in its Q4 2021 investor letter, mentioned HDFC Bank Limited (NYSE:HDB) and discussed...