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First State Indian Subcontinent

Ranked 4 out of 18 in - India over 12 months
All calculations are in GBP

Managed by

David Gait

David Gait was born in Edinburgh in 1975 and holds a BA in Economics from Cambridge University and an MSc in Investment Analysis from Stirling Univerisity. David joined Stewart Ivory in 1997, the predecessor to First State Investments. He is responsible for evolving the emerging markets and Asia Pacific strategies and is the lead manager on the First State Asia Pacific Sustainability and First State Indian Subcontinent funds. David has been managing funds for over 11 years.

Objective

The Fund aims to achieve long-term capital growth. The Fund will comprise investments in a diversified portfolio of companies of the Indian subcontinent. The Fund concentrates on securities that are listed, traded or dealt in on Regulated Markets in the Indian subcontinent and instruments issued by companies established, operating or having a predominant part of their economic activities in the Indian subcontinent and listed on other Regulated Markets.

Performance

India over : 30/04/2014 - 30/04/2015

Total Return

Quarterly Performance

to 31/03/2015 Annual Q1 Q2 Q3 Q4
2015 12.3%
2014 51.1% 6.2% 13.0% 18.1% 6.6%
2013 1.9% 5.9% -5.5% -6.7% 9.2%
2012 24.0% 14.4% -7.4% 15.0% 1.8%
2011 -22.8% -7.5% 5.5% -10.9% -11.1%
2010 36.9% 13.1% 4.0% 12.6% 3.4%
2009 84.7% 1.2% 33.5% 24.8% 9.7%
2008 -42.3% -22.4% -17.9% 1.9% -11.1%
2007 54.3% -4.6% 17.0% 12.0% 23.4%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

28/02/2015

Top 10 Holdings

Stock Size
Tech Mahindra Ltd ORD 6.93
Housing Development Finance Corporation Ltd ORD 6.40
Dr.Reddy's Laboratories Ltd ORD 6.36
Kotak Mahindra Bank Ltd ORD 6.02
Infosys Ltd ORD 5.81
Marico Ltd ORD 5.66
Idea Cellular Ltd ORD 4.72
Dabur India Ltd ORD 4.38
HDFC Bank Ltd ORD 4.28
Tata Power Company Ltd ORD 3.44
28/02/2015

Registered For Sale In

  1. Austria
  2. Chile
  3. France
  4. Germany
  5. Netherlands
  6. Sweden
  7. Switzerland
  8. United Kingdom

Fund Info

  • Launch date15/11/2006
  • Share Class size157Mn
  • Base currencyGBP
  • ISIN GB00B1FXTF86

Purchase Info

  • Min. initial investment1,000
  • Min. additional investment50

Charges

  • Annual management1.8%
  • Initial investment4

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in GBP).