Despite significant changes to the Matthews India management team in recent years, the strategy remains in the hands of a capable portfolio manager. However, broader turnover across the investment teams, including India-focused analysts, introduces some uncertainty around the depth of research support and the consistency of process execution. As a result, we have downgraded the Process Pillar to Average from Above Average while maintaining its Average People Pillar rating.
Matthews India Fund Investor Class MINDX
- NAV / 1-Day Return $21.70 / +1.17 %
- Fund Size $444.0M
- Adjusted Expense Ratio 1.260%
- Net Expense Ratio 1.260%
- Fee Level: Distribution Above Average
- Share Class Type No Load
- Morningstar Category India Equity
- Equity Style Box (Funds) Large Growth
- Minimum Initial Investment $2,500
- Investment Status Open
- TTM Yield 0.03%
- Turnover Ratio 54%
Morningstar’s Analysis MINDX
Will MINDX outperform in the 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 45.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
HDFC Bank Ltd | 7.62 | 38M | Financial Services |
Eternal Ltd | 7.08 | 36M | Consumer Cyclical |
ICICI Bank Ltd | 5.78 | 29M | Financial Services |
Reliance Industries Ltd | 4.46 | 23M | Energy |
Neuland Laboratories Ltd | 4.31 | 22M | Healthcare |
Bajaj Finance Ltd | 4.05 | 20M | Financial Services |
Bharti Airtel Ltd | 3.77 | 19M | Communication Services |
Shriram Finance Ltd | 3.08 | 16M | Financial Services |
Axis Bank Ltd | 3.02 | 15M | Financial Services |
Kotak Mahindra Bank Ltd | 2.20 | 11M | Financial Services |
United States