Matthews India Fund
Assessing Financials: The Major Holdings in Indian Funds
Financials are the major holdings in Indian funds The three funds in this review—the ALPS Kotak India Growth Fund (INDAX), the Matthews India Fund (MINDX), and the Wasatch Emerging India Fund (WAINX)—provide investors access to Indian equities. The financial sector represents most of these funds’ respective portfolios, according to their latest releases. As of June […]
Indian Equity Markets Finished 2015 with an Optimistic Outlook
The FPI, which was on a losing spree before December 16, came back strongly. Indian stock markets also started gaining.
Reserve Bank of India Held the Repo Rate in December
The “repo rate” is a repurchase option rate. It’s a key monetary policy rate for the Reserve Bank of India. It’s the rate at which the RBI lends to commercial banks.
Why Did the Reserve Bank of India Cut Interest Rates?
The RBI’s (Reserve Bank of India) move to reduce key interest rates in India in April was expected.
How Does WAINX’s Performance Compare to Its Peers?
In this part, we’ll compare WAINX to four similar India-focused funds. These include INDAX, MINDX, ETGIX, and FIGZX.
Forecasts Indicate a Strong Indian Macro in 2016
With 2015 behind us, we will study the prospects of Indian equities in 2016. We will look at certain macro indicators and the performance of the Indian equity market.
Analyzing the Historical Returns of 5 India-Focused Funds
Within the last six years, 2009 was the best year in terms of returns for all three funds in existence then.
Was the Reserve Bank of India Too Hasty to Cut the Repo Rate in October?
October repo rate cut It’s no secret that Raghuram Rajan, the former RBI (Reserve Bank of India) Governor, was not given another term due to his differences with the political establishment on the direction of monetary policy. While the Indian government believed that a reduction in the repo rate was vital for the economic growth […]
How Does the RBI See Food Inflation Panning out in India?
Components of inflation While food inflation in India has been pushing retail inflation up, fuel inflation (BP) (STO) (RDS.B), another important component, has been subdued. According to the October monetary policy statement issued by the RBI (Reserve Bank of India), “Fuel inflation has moderated steadily through the year so far.” The RBI has also announced […]
What Risks Does the RBI See for Retail Inflation?
The RBI thinks that risks to inflation are “tilted to the upside.” A subsequent rise in inflation could have a negative impact on consumer spending.
Reserve Bank of India Sees India on Firm but Uneven Ground
Industrial production remains a problem for India, with the RBI (Reserve Bank of India) noting that the index measuring industrial production decelerated in fiscal 2015–16.
How Did Indian Equities React to the RBI’s Repo Rate Cut in April 2016?
Indian stock market indexes fell on April 5 when the Reserve Bank of India cut the repo rate by 25 basis points.
Investing in Indian Stocks: Active versus Passive Modes
The WisdomTree India Earnings ETF (EPI) is the most traded ETF that invests in Indian stocks. However, it is not the largest in terms of asset size.
How MINDX’s Top Holdings Are Performing
Healthcare was the best-performing sector in Indian markets in 2015.
How the Matthews India Fund Performed in Comparison to Benchmark
The Matthews India Fund gave a negative return of -0.6% in 2015. However, it still managed to outperform its benchmark.
Understanding Matthews India Fund’s Investment Approach
MINDX seeks to invest at least 80% of its total assets in publicly traded common stocks, preferred stocks, and convertible securities of companies located in India.
Are the BRICS Nations Standing on a Shaky Foundation?
Among the BRICS, the most concerning at this point in time is China. The world’s second largest economy is slowing down and undergoing a structural shift.
The Wasatch Emerging India Fund Portfolio Composition
As of December 2015, the Wasatch Emerging India Fund has ~$69.2 million in assets under management. As of September 30, 2015, the fund had 76 holdings in its portfolio.
How the Matthews India Fund and Its Holdings Performed in 2015
In 2015, the Matthews India Fund returned -0.56%. It outperformed the benchmark index S&P BSE 100 over all the periods reviewed.
The Matthews India Fund Portfolio Analyzed
The Matthews India Fund (MINDX) invests mainly in small-cap and mid-cap Indian stocks. As of November 2015, the fund had $1.5 billion in assets under management.
How the ALPS Kotak India Growth Fund Fared in 2015
In 2015, the ALPS Kotak India Growth Fund returned -4.6%. The top holding of the portfolio, Infosys, formed 5.7% of the fund’s portfolio and returned 7.5% in 2015.
What Factors Affected the Indian Equity Market in 2015?
In this series, we will analyze the performance of the Indian equity market in 2015. The S&P BSE Sensex, considered as a benchmark index, gave a return of -3.7% in 2015, expressed in Indian rupees.
FPI in Indian Equities Remained Volatile in 2015
After the first four months of an impressive net inflow of FPI, Indian equities lost a substantial investment of foreign money. August 2015 witnessed the highest exodus of foreign money from Indian equities.
How Do Banks View the Indian Infrastructure Sector?
Infrastructure companies are normally highly leveraged. A highly leveraged company has a higher dependence on debt from banking and financial institutions.
India’s Infrastructure Sector Growth Slumped while GDP Improved
Despite the government’s efforts, the infrastructure sector seems far from being on the recovery path.
Foreign Money Fleeing Indian Shores
India’s net FPI (foreign portfolio investment) has been negative on almost all days in December, especially for the equity segment, which saw a net outflow of $287 million on December 1.
What Drives India’s Construction Sector?
According to India’s government, the construction sector is valued at over $126 billion.
The Major Sectors of the Indian Equity Market
The current global economy is under stress. Major benchmark equity indexes around the globe have given dismal returns, and India is no exception.
Why India Needed the Major FDI Reforms Announced This Month
On November 10, 2015, the government of India announced major reforms in FDI (foreign direct investment). The government has introduced reforms in 15 major sectors of the economy.
Has the Franklin India Growth Fund Outperformed Its Benchmark?
IGZX has given a return of 4.2% over a period of one year. The fund has outperformed the benchmark index over the past year.
How Has the ALPS Kotak India Growth Fund Performed?
The YTD return of the ALPS Kotak India Growth Fund is about 1%. On a cumulative basis, the fund has returned 30.8% since inception.
Assessing the Multiples and Dividend Yields of Key Indian Stocks
The Indian market’s PE and PBV multiples were lowest in fiscal 2013. The dividend yield was best in fiscal 2013.
Why India’s Equity Market Recovered after Continuous Slides
In this series, we’ll briefly overview the Indian equity market. Specifically, we’ll analyze trends in the Indian equity market over the past five years.