A compelling case for investing in India
India Fund (INF) is a listed investment company (LIC) seeking to list on the ASX. INF is both a play on the long-term growth prospects of the Indian economy and the skill of the investment manager. Independent Investment Research says; “A compelling case can be made for investing in India: GDP growth is forecast at 8-9% this year, corporate profit growth is strong, there’s an expectation of relative currency stability and the Modi government is implementing important structural reforms.” India Fund will give investors access to Indian Equities and Fixed Interest Securities providing 1) Medium term equity returns underpinned by Government initiatives 2) High short-term interest yields supporting dividends 3) Benefit from the proven track record of Kotak Mahindra as a special provider of Indian funds management services to international investors. The offer is now open and closes on the 19th of June: More information is available here: (VIEW LINK)
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