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.
Under normal market conditions, at least 80% of the Fund’s total assets are invested in equity securities of Indian companies.
International investing entails special risk considerations, including currency ﬂuctuations, lower liquidity, economic and political risks, and differences in accounting methods; these risks are generally heightened for emerging market investments.
There are also risks associated with investing in India, including the risk of investing in a single-country fund. Concentrating investments in the India region subjects the Fund to more volatility and greater risk of loss than geographically diverse funds.
Equity stocks of small and mid-cap companies carry greater risk, and more volatility than equity stocks of larger, more established companies