Unleashing New India

The Alquity Indian Subcontinent Fund gives investors the opportunity to tap into the world’s most exciting growth story. Boasting the best demographics in the world and the Prime Minister Modi-led economic reform agenda, India has a bright future.

With over 20 years’ experience of investing in India, the team provides a differentiated and highly successful investment approach. Giving focus to long term domestic growth drivers results in an unconstrained portfolio dominated by companies benefiting from the trends of urbanisation and demographics across the Indian Subcontinent.

Unique in character but consistent in approach, each of our funds exemplifies Alquity’s investment principles. Our multi-faceted analysis, combining macro and micro factors and long-term themes, alongside key engagement with our firms, establishes high conviction portfolios with a responsibly competitive edge.

icon Fund Literature

Indian SC - Factsheet - USD A

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Indian SC - Factsheet - GBP A

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Indian SC - Factsheet - EUR A

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Indian SC - Factsheet - USD A (Simplified Chinese)

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Indian SC - Factsheet - USD A (Traditional Chinese)

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Indian SC - Factsheet - USD B

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Indian SC - Factsheet - GBP B

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Indian SC - Factsheet - EUR B

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Indian SC - Factsheet - USD M

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Indian SC - Factsheet - GBP M

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Indian SC - Factsheet - EUR M

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Indian SC - Factsheet - USD R

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Indian SC - Factsheet - GBP R

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Indian SC - Factsheet - EUR R

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Indian SC - Factsheet - USD W

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Indian SC - KIID - USD A

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Indian SC - KIID - USD B

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Indian SC - KIID - USD M

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Indian SC - KIID - USD R

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Indian SC - KIID - USD W

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Indian SC Key Facts Statement (English)

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Indian SC Key Facts Statement (Chinese)

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About the Fund Manager

manager

Mike Sell

Portfolio Manager & Head of Asian Equities

Mike's Role

Mike joined Alquity in 2014 and is responsible for all equity investments across Asia.

Biography

Mike holds a First Class BA in Economics from Southampton University and was awarded the Pearce Rowan prize.

Mike has over 20 years’ experience investing in Asian equities. He joined Baring Asset Management as a graduate trainee in 1994, where he became a member of the Emerging Market Asset Allocation Committee. Mike was then appointed Senior Partner at Thames River/Nevsky Capital, where he grew their Emerging Market assets to US$7bn over 7 years, before moving to F&C with the long only Emerging Market business in 2011.

Fund Prices

NAV dateShareclass nameISINShareclass ccyPrice
15/02/2018ALU1049767863EUR139.21
15/02/2018ALU1049767863GBP123.58
15/02/2018ALU1049767863USD173.73
15/02/2018BLU1049767947EUR136.14
15/02/2018BLU1049767947GBP120.86
15/02/2018BLU1049767947USD169.90
15/02/2018MLU1049768242EUR146.10
15/02/2018MLU1049768242GBP129.70
15/02/2018MLU1049768242USD182.33
15/02/2018RLU1049768085EUR234.32
15/02/2018RLU1049768085GBP208.01
15/02/2018RLU1049768085USD292.42

PORTFOLIO OVERVIEW

Top 10 Holdings

  1. M&M Financial Services 6.1%
  2. Indusind Bank 5.9%
  3. Yes Bank 5.6%
  4. Oberoi Realty 5.2%
  5. Astral Polytechnik 5.2%
  6. Vmart 5.1%
  7. Heidelberg Cement India 5.0%
  8. Escorts 4.9%
  9. Redington 4.7%
  10. Jamna Auto 4.5%

Geographic Allocation

India
97.8%
Sri Lanka
1.2%
Bangladesh
1.0%
Cash
0.0%

Industry Allocation

Banks
15.8%
Capital Goods
14.0%
Automobiles
8.4%
Retailing
8.0%
Materials
8.0%
Food & Beverage
7.1%
Diversified Financials
6.1%
Transportation
5.7%
Real Estate
5.2%
Consumer Durables
5.1%
Tech Hardware
4.7%
Household Products
4.0%
Pharma
3.9%
Insurance
3.0%
Consumer Services
1.1%
Cash
0.0%

Transforming Lives, Creating Opportunity

We strive for meaningful social progress and believe in enabling growth from the bottom up. To drive this growth, we donate a minimum 10% of our revenues to charitable projects in the regions where we invest. These donations help to build fairer, more sustainable economies and enables the companies we invest in to prosper. This also broadens our level of insight through meaningful engagement and connects our clients to both social progress and handsome returns.

In India, we currently have charity partnerships with Hand in Hand, collaborating with them on micro-finance projects, and Shivia who provide a poultry development service for rural farmers enhancing and diversifying their livelihoods. To date we have directly transformed 1,400 lives, in turn impacting 9,800 lives in total in the region.

Discover Our Other Funds