BlackRock India Fund Institutional Shares (BIINX)

8.57
Net Asset Value
-1.61%
1 Day
-11.19%
Year-to-Date
Overall Morningstar Rating
India equity
Style or Category
No Load
Sales Expenses
11.50%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks to maximize total return from a portfolio of equity securities of Indian companies or instruments with similar economic characteristics. The fund normally invests at least 80% of its total assets in equity securities of Indian companies or in instruments with similar economic characteristics. It invests primarily in the common stocks of companies that are selected for their growth potential and which are valued at a reasonable price. The fund may invest in companies of any size, and may invest a significant portion of its assets in equity securities of smaller companies.

Performance

1 month-11.19% 3 years--
3 months-7.55% 5 years--
1 year+14.02% Since inception-4.40%
Data through --

Peer Comparisonvs. India equity

 BIINXCategory
Performance 5-yr return---1.26%
Expense ratio11.50%1.89%
Risk 5 year sharpe ratio--0.14
Net assets$5.7M$92.9M
Average market cap$7.0B$8.7B
Average P/E14.715.7
Portfolio turnover219%219%

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Fund Management and Purchase Info

Fund familyBlackRock
Fund manager & tenureAnup Maheshwari / 2 Years
Minimal initial investment$2,000,000.00
Minimum IRA investment--

Holdings

Other100.00%
U.S. stock--
International stock--
Fixed income--
Cash--
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- ICICI Bank Ltd6.41%
-- Infosys Ltd4.37%
-- Reliance Industries Ltd.3.94%
-- HDFC Bank Ltd3.89%
-- State Bank of India3.86%
-- United Spirits Ltd.3.41%
-- Bharat Petroleum Corporation Ltd.3.31%
-- IndusInd Bank Ltd.3.31%
-- Tata Consultancy Services Ltd.2.84%
-- Oil & Natural Gas Corporation Ltd.2.61%

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