OUR VIEW:

Last year the Indian stock market index was up over 60%, and rises like this should put you on warning. Yet heavy falls this year are (perversely) encouraging. Though a relatively new fund, the manager is very experienced with an impressive track record managing an equivalent institutional fund. A fund manager with a track record, and with cash to invest, and following market falls, is a compellingly attractive combination for those wishing to buy the undoubted long term potential.

Single country funds are even more high risk than a typical diversified emerging markets fund. It should not represent more than 5% of your portfolio, and even then be part of a more diversified exposure to emerging markets in your portfolio. Don't overlook the possibility for monthly investment, in which case contact us for the paperwork as this can't be done online.

ABOUT THE FUND:

To achieve long-term capital growth through investment primarily in companies which operate or reside in India.