At close Jul 28, 2014
The NAV information is provided by the Fund's accounting agent. The price is as reported by the exchange on which the Fund trades. This information is unaudited and neither Aberdeen Asset Management PLC, its wholly owned subsidiaries, the Funds, nor any other person guarantees their accuracy.
The Fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies.
For more detailed information on the specific risks associated with this fund, please view the Important Risk Considerations tab.
Aberdeen Fund Manager James Thom gives a brief overview on the India Fund, Inc. and speaks to the recent Indian elections and how the outcome may affect markets in the coming quarters.
The message is clear: India wanted change and it got it. Narendra Modi’s victory at the polls seems to validate the optimism that has buoyed India’s markets. Aberdeen has long been a fan of Indian companies because our focus on good quality, fundamentally strong and shareholder-friendly businesses fits well with India, the world’s largest democracy.Download now
Aberdeen's Hugh Young gives an update on the Asia-Pacific region and discusses why Aberdeen believes the positive outlook for Asia will remain intact for 2014.
We spend our lives looking at companies. Last year we saw 923 companies in Asia. Some of them come to us but the more significant activity is us visiting management in situ. In this and future monthly briefs, we aim to give a better flavour of what we are seeing, be that about companies or other aspects of investing – and which we do not cover in our routine reports.Download brochure
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Pursuant to valuation policies adopted by the Board of Directors of the Fund, the Fund values foreign equity securities that primarily trade in certain markets that close ahead of the Fund’s daily 4:00 pm Eastern net asset value (“NAV”) calculation time at their fair values using prices provided by third-party independent pricing services. The fair value of each such security generally is calculated by applying a valuation factor provided by the independent pricing service to the last sales price for that security, or, if, the pricing service is unable to provide a fair value for a security, at the price at the close of the exchange on which it is principally traded, subject to adjustment by the Fund’s Pricing Committee. These daily fair valuations seek to reflect information available after the local market close that may affect the value of the foreign equity securities held by the Fund. As a result, this official NAV calculation reflects adjustments that may cause it to vary from a calculation based solely on closing prices. In contrast, the “Unadjusted NAV” of the Fund (shown above) is for informational purposes only and is computed using the closing prices on the relevant exchange. It does not reflect any daily fair valuation adjustments of the Fund’s foreign securities. The Unadjusted NAV does not represent the official NAV of the Fund, nor is the Unadjusted NAV used for Fund accounting or performance purposes. Investors should not rely upon the Unadjusted NAV when making their investment decisions.