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Morningstar

ALPS/Kotak India ESG Inv INDAX

Morningstar Medalist Rating
Medalist Rating as of | See ALPS Investment Hub
  • NAV / 1-Day Return 19.73  /  +1.81 %
  • Total Assets 396.8 Mil
  • Adj. Expense Ratio
    1.400%
  • 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 Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:12 PM GMT+0

Morningstar’s Analysis INDAX

Will INDAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable INDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the INDAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of INDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

ALPS/ Kotak India ESG Inv earns a Morningstar Medalist Rating of Neutral with strength in areas such as People offset by weaker spots such as Process.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings INDAX

More INDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 44.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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Energy

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Financial Services

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Financial Services

Axis Bank Ltd

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Financial Services

Bharti Airtel Ltd

4.53 17.6 Mil
Communication Services

Larsen & Toubro Ltd

3.85 14.9 Mil
Industrials

Zomato Ltd

3.33 12.9 Mil
Consumer Cyclical

IndusInd Bank Ltd

3.27 12.7 Mil
Financial Services

Cognizant Technology Solutions Corp Class A

3.22 12.5 Mil
Technology

InterGlobe Aviation Ltd

3.13 12.1 Mil
Industrials