ALPS | Kotak India Growth Fund Class I (INDIX)

13.75
Net Asset Value
+0.36%
1 Day
-9.60%
Year-to-Date
Overall Morningstar Rating
India equity
Style or Category
No Load
Sales Expenses
2.65%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to achieve long-term capital appreciation. The fund will invest at least 80% of its net assets in equity and equity-linked securities of "Indian companies." The advisor intends to invest in the equity securities of Indian companies by investing in shares of a wholly owned- collective investment vehicle (the "Portfolio")- registered with and regulated by the Mauritius Financial Services Commission. Investment by the Portfolio is a tax efficient method of investing in Indian companies.

Performance

1 month-5.12% 3 years+7.70%
3 months-6.93% 5 years+12.93%
1 year+2.77% Since inception+8.69%
Data through --

Peer Comparisonvs. India equity

 INDIXCategory
Performance 5-yr return+12.93%+11.76%
Expense ratio2.65%1.74%
Risk 5 year sharpe ratio0.730.61
Net assets$33.4M$615.7M
Average market cap$10.9B$15.6B
Average P/E26.024.2
Portfolio turnover30%30%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyALPS
Fund manager & tenureNitin Jain / 7 Years
Minimal initial investment$100,000.00
Minimum IRA investment--

Holdings

International stock95.86%
U.S. stock2.41%
Cash1.74%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- 8.43%
-- 4.20%
-- 3.38%
IBN ICICI Bank3.33%
-- 3.24%
-- 3.23%
-- 2.90%
-- 2.86%
-- 2.41%
-- 2.37%