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"India is one of the hottest economies on the planet and holds tremendous profit potential," says Larry Edelson in Real Wealth. Here, he looks at a trio of fund poised to "capitalize on India's boom."

"India's economy is growing at a 9% rate, ten times faster than the U.S. and only a couple of percentage points behind China. And the Indian economy is not merely outgrowing the U.S. by leaps and bounds; it's also at the very epicenter of the booming natural resource markets.

Can cap gains force changes from hedge funds in their investment mix in the Sensex and India?  More importantly, could this be something important to review while evaluating US Presidential hopefuls? 

Could the presidential hopeful, like McCain/Obama/Clinton, help or hurt US equities markets by keeping short-term/long-term gains taxes consistent v. increasing cap gains taxes?