India index and mutual funds offer high growth investment potential. This is because India’s economic outlook is promising, with the potential to ascend as the world’s second-largest economy by 2075. It’s often likened to China’s remarkable growth trajectory from 2007 to 2012. Leading financial institutions like Goldman Sachs, JP Morgan, and the IMF share this optimism, recognizing India as the most compelling growth opportunity in Asia for the foreseeable future.
Given this backdrop, I’ve curated a portfolio of high-growth India-focused investments with a track record of strong historical performance, aligning with the overall optimism for India’s economic potential. India offers a unique investment option, and the funds below capture this once in a life-time opportunity. It’s import to remember, these are just the funds I’d personally consider when investing in India. They may not be appropriate for your investment journey.
Disclaimer: This is not financial advice and your are responsible for your own investment decisions. When investing capital is at risk. The performance figures below may be subject to change and are no guarantee of future returns.
KOTAK INDIA MIDCAP INCLUSIVE – CLASS A – ACCUMULATION (GBP)
The Kotak India Midcap Inclusive Fund is a GBP-denominated equity fund that invests in mid-capitalization companies in India. The fund aims to achieve capital appreciation over the long term by investing in a diversified portfolio of mid-cap companies across various sectors. The Kotak India Mid Cap fund has average annual return of 17.18% over the past 10 years. Returned 14.23% just over the past year. Just over the past 3 and 5 years, the fund has returned 20.34% and 13.57% (annualised return) respectively.
Fidelity Funds – India Focus Fund Y-GBP
The Fidelity Funds – India Focus Fund Y-GBP is another GBP-denominated equity fund that invests in Indian companies. The fund has a broader investment mandate than the Kotak India Midcap Inclusive Fund, as it can invest in both large-cap and mid-cap companies. The fund also has a higher allocation to the financial sector. The Fidelity Funds – India Focus Fund Y-GBP has a good track record, with an average annual return of 15.73% over the past 10 years.
Franklin India Fund W Acc Gbp
The Franklin India Fund W Acc Gbp is a GBP-denominated equity fund that invests in Indian companies of all sizes. The fund has a focus on investing in companies with strong corporate governance and a track record of profitable growth. The fund has a good track record, with an average annual return of 15.91% over the past 10 years.
Liontrust India Fund C Acc GBP
The Liontrust India Fund C Acc GBP is a GBP-denominated equity fund that invests in Indian companies of all sizes. The fund has a focus on investing in large-cap stocks, but has a 16% allocation towards mid-cap stocks. The fund has a good track record, with an average annual return of 16.12% over the past 10 years.
BlackRock Global Funds – India Fund D4 GBP
The BlackRock Global Funds – India Fund D4 GBP is a GBP-denominated equity fund that invests Large-Cap Indian companies, with 93% of its allocation in Large Cap stocks. The fund has a focus on investing in companies with strong fundamentals and a track record of growth. The fund has a good track record, with an average annual return of 15.83% over the past 10 years.
Pictet-Indian Equities I GBP
Pictet-Indian Equities I GBP has a good track record, with an average annual return of 16.45% over the past 10 years. The fund has outperformed the Nifty 50 Index, which is a benchmark index of the 50 largest Indian companies, over the same period.
The fund has a diversified portfolio of Indian companies across various sectors, including financials, technology, consumer staples, and industrials. The fund’s top holdings include Reliance Industries, HDFC Bank, Infosys, and ICICI Bank.
Matthews Asia Funds – India Fund I GBP Acc
The Matthews Asia Funds goal is to achieve long-term capital appreciation by investing in Indian stocks. The fund’s top holdings include financials, consumer cyclical, technology, healthcare, and industrials stocks. The fund has a 5-star Morningstar rating. Over the past year, the fund has returned 15.67%.
The fund has 38.49% allocated to large cap stocks. This means that the fund has a significant weighting of towards medium and small cap stocks. Whilst small and mid-cap stocks are typically more volatile than large cap stocks, they also have the potential to generate higher returns over the long term.
In fact, The Matthews Asia India Fund I GBP Acc has performed well over the past 5 years, returning 13.10% annually. This is higher than the benchmark India Equity Index, which returned 11.32% annually over the same period.
Jupiter India Fund I Class Acc
The Jupiter India Fund I Class Acc is a GBP-denominated equity fund that invests in Indian companies of all sizes. The fund has a focus on investing in high-quality companies with strong growth potential. The fund has a good track record, with an average annual return of 16.45% over the past 10 years.
This Jupiter fund stands out from other large-cap focused India funds by having a comparatively higher allocation to small (15%) and mid-cap stocks (25%), indicating a more diversified approach within the Indian equities market.
Comparison of India Funds
The Kotak India Midcap Inclusive Fund has a strong track record, focusing on mid-cap Indian companies and delivering impressive returns over the past decade. Fidelity’s India Focus Fund offers a broader mandate, investing in both large and mid-cap stocks, while Franklin India Fund emphasizes corporate governance.
Liontrust India Fund leans toward large-cap stocks, and BlackRock’s India Fund primarily invests in large-cap companies. Pictet-Indian Equities offers diversification, and Matthews Asia Fund emphasizes medium and small-cap stocks, potentially yielding higher returns. The Jupiter India Fund stands out with its more diversified approach, including an allocation to small and mid-cap stocks, while maintaining a strong historical performance record.
Your choice should align with your investment goals, risk tolerance, and the specific focus you prefer in the Indian equities market. Always review the latest data and consider professional advice before making investment decisions.
Capital at risk.
Hey – can’t actually see the stock list. Can you re-share please?
Hi there James, I’ve updated the post – you should be able to see it now.