Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
ALPS/Kotak India ESG Inv INDAX
- NAV / 1-Day Return 17.65 / +0.91 %
- Total Assets 374.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.400%
- Distribution Fee Level High
- Share Class Type No Load
- Category India Equity
- Investment Style Large Growth
- Min. Initial Investment 2,500
- Status Open
- TTM Yield —
- Turnover 24%
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 12:16 AM GMT+0
Morningstar’s Analysis INDAX
Will INDAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 41.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Reliance Industries Ltd | 6.93 | 25.8 Mil | Energy |
ICICI Bank Ltd ADR | 5.25 | 19.5 Mil | Financial Services |
Axis Bank Ltd | 4.50 | 16.7 Mil | Financial Services |
Cognizant Technology Solutions Corp Class A | 3.94 | 14.7 Mil | Technology |
Larsen & Toubro Ltd | 3.92 | 14.6 Mil | Industrials |
Bharti Airtel Ltd | 3.80 | 14.1 Mil | Communication Services |
IndusInd Bank Ltd | 3.48 | 12.9 Mil | Financial Services |
ASX SA Base Load Quarterly Electricity Future Dec 22 | 3.33 | 12.4 Mil | — |
Infosys Ltd ADR | 3.16 | 11.7 Mil | Technology |
Maruti Suzuki India Ltd | 2.97 | 11.0 Mil | Consumer Cyclical |