Aberdeen India Fund is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India.
It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.
It benchmarks the performance of its portfolio against the IFC Investable India Index. Aberdeen India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.
Aberdeen India Fund, Inc. is a closed-end equity mutual fund that invests in the public equity markets of India. It is managed by Aberdeen Standard Investments (Asia) Limited. The fund targets stocks of small-cap, mid-cap, and large-cap companies, using a combination of quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach. Its performance is benchmarked against the IFC Investable India Index. The fund was formed on December 27, 1993, and is domiciled in Singapore.
Where is Aberdeen India Fund (IFN) listed and in what currency?
Aberdeen India Fund, Inc. is listed on the New York Stock Exchange (NYSE) under the ticker symbol IFN. It trades in U.S. dollars (USD), making it accessible to investors in the United States and globally who wish to gain exposure to Indian equities through a U.S.-listed vehicle.
What sector and industry does Aberdeen India Fund (IFN) belong to?
Aberdeen India Fund, Inc. operates in the Financial Services sector, specifically within the Asset Management industry. As a closed-end fund, it manages a diversified portfolio of Indian equities, providing investors with professional management and exposure to the Indian stock market.
Where is Aberdeen India Fund (IFN) headquartered and what markets does it serve?
Aberdeen India Fund, Inc. is domiciled in Singapore, where its investment manager, Aberdeen Standard Investments (Asia) Limited, is based. The fund primarily serves investors seeking exposure to the Indian equity market, investing in companies listed on Indian stock exchanges. Its focus is on the Indian market, though it is listed in the U.S. and trades in USD.
How does Aberdeen India Fund (IFN) generate returns for investors?
Aberdeen India Fund generates returns by investing in a diversified portfolio of Indian equities, including small-cap, mid-cap, and large-cap stocks. The fund employs a bottom-up stock picking approach combined with quantitative and fundamental analysis to select securities. It aims to outperform the IFC Investable India Index by identifying undervalued or growth-oriented companies. As a closed-end fund, it raises capital through an initial public offering and then trades on the NYSE, with share prices determined by market supply and demand, in addition to the net asset value of its holdings.