OUR FUND

INDIA AVENUE EQUITY FUND

The India Avenue Equity Fund provides a diversified exposure across high quality Indian corporate success stories as well as to companies which are less known, but with the potential to be tomorrow’s leading companies
A long-term investment, in a well-diversified portfolio of companies, listed predominantly on India’s stock exchanges. The Fund provides exposure to large, already successful companies growing strongly given India’s fundamentals as well to companies which are under-researched and less known, but with the potential to be tomorrow’s leading companies given an ecosystem highly conducive to growth. The Fund is suitable for both for institutional and retail clients with an investment horizon of 5-7 years and looking to participate and benefit from India’s growth story.

INVESTMENT OBJECTIVES

“The Fund seeks to outperform its benchmark, the MSCI India (Net) in AUD over rolling 5 year periods, with less volatility than the stated benchmark”

LONSEC RATING: RECOMMENDED*

FUND FACTS

APIR Code
H class ETL0478AU | AU60ETL04784
M class ETL0482AU | AU60ETL04826
L class ETL2814AU | AU60ETL28148
Buy-Sell Spread 0.35% / 0.35%
Management Fees
H class 1.50%
M class 1.10%
L class 0.95%
Performance Fees
H class 10% of the excess return over the benchmark, with a high watermark
M class 10%
L class 15%
Latest Unit Price Download the Fund NAV Sheet
Valuation Frequency Daily
AUM  $66.94 Million (October 2022)
Fund Inception Date 6th September 2016
Distribution Frequency Yearly at 30 June
Currency Australian Dollars
Benchmark MSCI India (Net) in AUD
Fund Domicile Australia
Responsible entity Equity Trustees Limited
Fund administrator Mainstream Fund Services Pty Ltd
Fund auditor KPMG Australia

FUND PERFORMANCE

AS OF 30TH OCTOBER, 2022
3 Months 1 Year 2 Years (p.a.) 3 Years (p.a.) 5 Years (p.a.) Since Inception (p.a.)
IAEF (M Class) 6.39% -1.08% 24.72% 11.68% 7.81% 9.78%
IAEF (H Class) 6.28% -1.43% 24.11% 11.14% 7.29% 8.60%
MSCI India 9.03% 9.37% 23.94% 13.67% 10.95% 11.86% (M Class)
*Past performance is not necessarily indicative of future results and no person guarantees the performance of any India Avenue Investment Management (IAIM) financial product or service or the amount or timing of any investment return from it. There can be no assurance that an IAIM financial product or service will achieve any targeted returns, that asset allocations will be met or that an IAIM financial product or service will be able to implement its investment strategy and investment approach or achieve its investment objective
AS OF 30TH OCTOBER, 2022
AS OF 30TH OCTOBER, 2022
Name Industry Weight
Bajaj Finance Financials 4.69%
ICICI Bank Financials 4.05%
Infosys Information Technology 3.40%
Kotak Mahindra Bank Financials 2.70%
Avenue Supermarts Consumer Staples 2.60%
Redington (Inida)LTD Information Technology 2.51%
Shriram Transport Fin Financials 2.46%
Cyient Information Technology 2.24%
Tata Consultancy Services Information Technology 2.23%
Hindalco Industries Materials 2.11%
Tech Mahindra Information Technology 2.10%
Brigade Enter. Real Estate 2.05%
Hitachi Energy India Industrials 1.99%
SBI Life Insurance Financials 1.94%
Barbeque Nation Hosp Consumer Discretionary 1.89%
Aurobindo Pharma Health Care 1.88%
Axis Bank Financials 1.87%
Pidilite Industries Materials 1.76%
Divis Laboratories Health Care 1.75%
Info Edge (I) Communication Services 1.69%

FACTSHEET ARCHIVE

INDIA AVENUE EQUITY FUND ANNUAL REPORT

INDIA AVENUE EQUITY FUND TRADING HOLIDAYS