Matthews India Fund Institutional Class (MIDNX)

25.25
Net Asset Value
-0.94%
1 Day
+54.81%
Year-to-Date
Overall Morningstar Rating
India equity
Style or Category
No Load
Sales Expenses
0.95%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in publicly traded common stocks, preferred stocks and convertible securities of companies located in India. The adviser expects that the companies in which the fund invests typically will be of medium or large size, but the fund may invest in companies of any size. The fund is non-diversified.

Performance

1 month+8.28% 3 years+14.07%
3 months+16.09% 5 years--
1 year+76.19% Since inception+3.71%
Data through --

Peer Comparisonvs. India equity

 MIDNXCategory
Performance 5-yr return--+8.70%
Expense ratio0.95%1.73%
Risk 5 year sharpe ratio0.620.44
Net assets$754.2M$194.9M
Average market cap$3.0B$10.7B
Average P/E22.517.8
Portfolio turnover9%9%

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Fund Management and Purchase Info

Fund familyMatthews Asia Funds
Fund manager & tenureSharat Shroff / 8 Years
Minimal initial investment$3,000,000.00
Minimum IRA investment$3,000,000.00

Holdings

International stock100.00%
U.S. stock0.00%
Fixed income0.00%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Financial service 26.86%
Industrial materials 20.76%
Consumer goods 16.18%
Healthcare 7.07%
Utilities 5.50%
Top 10 Holdings
Portfolio weighting
-- Kotak Mahindra Bank Ltd4.79%
-- Emami Ltd4.70%
-- AIA Engineering Ltd4.67%
-- Shriram City Union Finance Ltd4.50%
-- Gujarat Pipavav Port Ltd4.37%
-- MindTree Ltd4.31%
-- ITC Ltd4.27%
-- HDFC Bank Ltd3.94%
-- Thermax Ltd3.74%
-- Container Corp of India3.71%

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