The India Fund Inc:IFN

    Manage Alerts

    Overview

    As of 9/22/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$23.01$25.87-11.06%
    52 Wk Avg$20.60$23.11-10.95%
    52 Wk High$23.78$26.68-5.98%
    52 Wk Low$15.71$18.47-16.83%
    Regular Distribution TypeManaged Distribution
    Distribution Rate10.60%
    Distribution Amount$0.6100
    Distribution FrequencyQuarterly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    To achieve long-term capital appreciation through investing primarily in the equity securities of Indian companies. The fund will continue to focus its portfolio on companies that are in the best position to exploit the positive structural changes that will be taking place in India. The Fund will invest at least 80% of its total assets in the equity securities of India.

    Capital Structure

    As of 9/22/2021

    Total Investment Exposure:$696.021M
    Total Common Assets:$696.021M
    Common Shares Outstanding:26,904,575
    Leverage

    As of 12/31/2001

    Preferred Share Assets:
    Total Debt (USD): $1.026M
    Regulatory Leverage (USD): $1.026M
    Effective Leverage (USD): $1.026M
    Effective Leverage (%): 0.28%
    Annual Expense Ratios

    As of 12/31/2020

      Per Common Share
    Management Fees1.07%
    Other Expenses:0.36%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.43%
    Fund Management

    Fund Sponsor
    Aberdeen

    Portfolio Managers
    Hugh Young

    Basics
    Category: Equity-Asia Equity
    Ticker: IFN
    NAV Ticker: XIFNX
    Average Daily Volume (shares): 89,110
    Average Daily Volume (USD): $1.843M
    Inception Date: 2/23/1994
    Inception Share Price: $15.00
    Inception NAV: $14.02
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 9/22/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 6/30/2021
    -$0.0425
    Annualized Distribution Rate on NAV:
    As of 9/22/2021
    9.43%
    Total Return on NAV (12 months):
    As of 9/22/2021
    47.64%
    Total % Portfolio Effectively Leveraged:
    As of 9/22/2021
    0.28%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 9/23/2021

    PeriodAvg Discount
    6 Month-8.99%
    1 Year-10.95%
    3 Year-11.42%
    5 Year-11.48%
    Z-Score

    As of 9/22/2021

    PeriodZStat
    3 Month-1.30
    6 Month-1.59
    1 Year-0.04
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 8/31/2021
    Category: Morningstar US CEF Asia Equity

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD22.96%19.28%7.82%7.09%
    202012.37%13.23%22.86%21.82%
    201911.10%4.73%19.77%17.57%
    2018-5.45%-4.02%-13.67%-15.54%
    201737.24%34.97%41.49%33.70%
    20161.68%0.05%4.08%4.04%
    2015-4.80%-3.09%-6.16%-4.97%
    201438.34%33.33%9.13%9.11%
    20130.25%0.37%3.25%9.20%
    201222.24%21.33%25.05%20.66%
    2011-42.81%-36.62%-19.12%-16.30%
    201027.16%21.00%26.36%23.72%
    200973.13%90.99%59.88%59.16%
    2008-60.52%-65.17%  
    200758.24%76.77%  
    200662.28%46.70%  
    200550.13%35.27%  
    200423.82%26.42%  
    2003139.30%87.84%  
    200212.38%7.33%  
    2001-21.10%-25.85%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 8/31/2021
    Category: Morningstar US CEF Asia Equity

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 8/31/2021
    41
    Annual Portfolio Turnover:
    As of 12/31/2020
    20.49%
    Asset Allocation

    As of 8/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 8/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Cyclical (Super Sector)42.17%
    Sensitive (Super Sector)29.70%
    Defensive (Super Sector)27.56%
    Financial Services25.07%
    Technology19.43%
    Consumer Defensive15.16%
    Basic Materials8.26%
    Healthcare7.76%
    Communication Services5.27%
    Consumer Cyclical4.88%
    Top Holdings

    As of 8/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Housing Development Finance Corp Ltd$71.06M9.79%
    Infosys Ltd$67.62M9.31%
    Tata Consultancy Services Ltd$58.97M8.12%
    Hindustan Unilever Ltd$48.93M6.74%
    UltraTech Cement Ltd$30.92M4.26%
    Kotak Mahindra Bank Ltd$29.73M4.09%
    HDFC Bank Ltd$26.33M3.63%
    Asian Paints Ltd$23.66M3.26%
    SBI Life Insurance Company Limited$22.48M3.10%
    Axis Bank Ltd$21.66M2.98%
    Country Allocation

    As of 8/31/2021 reported by Fund Sponsor

    Country% Portfolio
    India - Equity99.33%
    United Kingdom - Equity0.10%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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