Where to invest $5,000 in ASX ETFs this month

Let's see why these funds could be worth considering if you have money to invest in May.

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If you are lucky enough to have $5,000 to invest in the share market, but don't enjoy stock-picking, then it could be worth considering the ASX exchange traded funds (ETFs) in this article.

ETFs remove the need to pick stocks by providing investors with access to large groups of shares with a single investment.

But which ones could be worth considering right now?

Here are three ASX ETFs to look at this month.

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Image source: Getty Images

Betashares India Quality ETF (ASX: IIND)

The first ASX ETF to consider is the Betashares India Quality ETF.

India has become a more important part of the global investment conversation. Its economy is supported by favourable demographics, rising consumption, digital adoption, and a growing corporate sector.

This fund takes a selective approach to that opportunity. The fund aims to track an index of the highest-quality Indian companies, selected using factors such as profitability, leverage, and earnings stability.

That gives the Betashares India Quality ETF a more focused profile than a broad India market fund. It is not simply buying the biggest companies in the market. It is trying to capture Indian growth through businesses with stronger financial characteristics.

Its holdings include the likes of Bharti Airtel, Infosys (NYSE: INFY), and Hindustan Unilever.

This fund was recently recommended by analysts at Betashares.

Betashares Global Defence ETF (ASX: ARMR)

Another ASX ETF to look at this month is the Betashares Global Defence ETF.

Defence has shifted from a cyclical budget item to a more persistent priority for governments. Rising geopolitical tension has pushed national security, equipment modernisation, and defence technology higher on the agenda.

This fund provides exposure to leading global companies involved in the defence sector, such as Palantir Technologies (NASDAQ: PLTR), RTX Corporation (NYSE: RTX), and Lockheed Martin (NYSE: LMT).

As you can see, this means it is not only about traditional defence hardware. It also captures the shift toward technology, intelligence systems, and modern battlefield capability.

This is another ETF that was recently recommended by Betashares.

VanEck Morningstar International Wide Moat ETF (ASX: GOAT)

A third ASX ETF that could be a good pick for a $5,000 investment is the VanEck Morningstar International Wide Moat ETF.

This fund gives investors access to a diversified portfolio of attractively priced international companies that are judged to have sustainable competitive advantages for 20 years or more.

Its holdings include NXP Semiconductors (NASDAQ: NXPI), Etsy (NYSE: ETSY), and Symrise (ETR: SY1).

For investors wanting global exposure with a quality and valuation filter, the VanEck Morningstar International Wide Moat ETF offers a more selective route than simply buying the broad market.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has positions in and has recommended Etsy, NXP Semiconductors, Palantir Technologies, and RTX. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has recommended Lockheed Martin. The Motley Fool Australia has recommended VanEck Morningstar International Wide Moat ETF. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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