| By PR Newswire | Article Rating: |
|
| January 7, 2013 03:27 PM EST | Reads: |
132 |
PHILADELPHIA, Jan. 7, 2013 /PRNewswire/ -- The India Fund, Inc. (the "Fund") (NYSE: IFN), a closed-end equity fund, announced today its performance data and portfolio composition as of November 30, 2012.
(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO)
The Fund's total returns for various periods through November 30, 2012 are provided below. (All figures are based on distributions reinvested at the dividend reinvestment price and are stated net-of-fees):
|
Period |
NAV Total Return % |
Market Price Total Return % | ||
|
Cumulative |
Annualized |
Cumulative |
Annualized | |
|
Since inception (February 1994) |
412.2 |
9.1 |
309.3 |
7.8 |
|
10-years |
482.4 |
19.3 |
505.0 |
19.7 |
|
5-years |
-24.1 |
-5.4 |
-27.7 |
-6.3 |
|
3-years |
-1.9 |
-0.6 |
-11.9 |
-4.1 |
|
1-year |
15.2 |
5.0 | ||
On November 30, 2012, the Fund's net assets amounted to US$974.8 million and the Fund's NAV per share was $26.45.
As of November 30, 2012, the portfolio was invested as follows:
|
Portfolio Composition |
Percent of |
|
Financials |
25.5 |
|
Technology |
19.6 |
|
Consumer, Non-Cyclical |
19.5 |
|
Basic Materials |
10.5 |
|
Consumer, Cyclical |
7.9 |
|
Health Care |
5.5 |
|
Utilities |
4.2 |
|
Industrials |
3.8 |
|
Communications |
2.5 |
|
Energy |
1.0 |
The Fund's ten largest equity holdings as of November 30, 2012, representing 67.2% of net assets, were:
|
Stock |
Percent of Net Assets |
|
Housing Development Finance Corporation, Ltd. |
10.6 |
|
ICICI Bank, Ltd. |
9.6 |
|
Tata Consultancy Services, Ltd. |
9.1 |
|
ITC, Ltd. |
8.4 |
|
Infosys, Ltd. |
8.3 |
|
HDFC Bank, Ltd. |
5.2 |
|
Hero MotoCorp, Ltd. |
4.3 |
|
Hindustan Unilever, Ltd. |
4.3 |
|
Godrej Consumer Products, Ltd. |
4.0 |
|
Ultra Tech Cement, Ltd. |
3.4 |
Important Information
Aberdeen Asset Management Inc. has prepared this report based on information sources believed to be accurate and reliable. However, the figures are unaudited and neither the Fund, Aberdeen Asset Management Asia Limited (the Investment Manager), nor any other person guarantees their accuracy. Investors should seek their own professional advice and should consider the investment objectives, risks, charges and expenses before acting on this information. Aberdeen is a U.S. registered service mark of Aberdeen Asset Management PLC.
Closed-end funds are traded on the secondary market through one of the stock exchanges. The Fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that the Fund will achieve its investment objective. Past performance does not guarantee future results.
Total return figures with distributions reinvested at the dividend reinvestment price are stated net-of-fees and represents past performance. Past performance is not indicative of future results, current performance may be higher or lower. Holdings are subject to change and are provided for informational purposes only and should not be deemed as a recommendation to buy or sell the securities shown. Inception date February 23, 1994.
If you wish to receive this information electronically, please contact: InvestorRelations@aberdeen-asset.com
SOURCE The India Fund, Inc.
Published January 7, 2013 Reads 132
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- Streamline Health® Engages KPMG as Its New Independent Registered Public Accountants
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Developing the World’s First IaaS Marketplace
- Cloud Expo New York: Aligning Your Cloud Security with the Business
- Commander of U.S. Cyber Command and National Security Agency Director, General Keith Alexander, To Keynote Day One of Black Hat USA 2013
- Five Big Data Features in SQL Server
- According to Nick Gholkar, Accounting Apps Make Conducting Business Easier
- NIST to Sponsor FFRDC Widespread Adoption of Integrated CyberSecurity
- Cloud Business Solutions, Social Media, and Platform Systems of Engagement Market Shares, Strategies, and Forecasts, Worldwide, 2013 to 2019
- Lunch Keynote at Cloud Expo | Strategies for App Delivery in the Cloud Era
- Cloud People: A Who's Who of Cloud Computing
- Windows Azure IaaS Reaches General Availability
- AMD and Adobe Collaborate on Upcoming Version of Adobe Premiere Pro Software to Enable Breakthrough Video Editing Performance Through Open Standards
- New Relic Q1 2013 Blazes Past Growth Targets and Reaches 40,000 Active Customer Accounts
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Cloud Expo New York: Deploying Hybrid Cloud for Performance and Uptime
- Predixion Software Announces General Availability of the Latest Version of its Predictive Analytics Platform
- Streamline Health® Engages KPMG as Its New Independent Registered Public Accountants
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- Cloud Expo New York: Developing the World’s First IaaS Marketplace
- MEI Pharma Announces $15.2 Million Registered Offering Of Common Stock
- Cloud Computing Is Simplifying Things
- Google Maps and ASP.NET
- Converting VB6 to VB.NET, Part I
- How to Write High-Performance C# Code
- Where Are RIA Technologies Headed in 2008?
- Crystal Reports XI & How It Has Changed
- Creating Controls for.NET Compact Framework in Visual Studio 2005
- Programmatically Posting Data to ASP .NET Web Applications
- Implementing Tab Navigation with ASP.NET 2.0
- AJAX World RIA Conference & Expo Kicks Off in New York City
- i-Technology Viewpoint: "SOA Sucks"
- .NET Archives: Getting Reacquainted with the Father of C#
- i-Technology Photo Exclusive: Bill Gates & Steve Jobs In "Nerds"



















