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NYSE:IFN

21.03
0.50 (2.32%) 1d
0
Showing 1 to 15 of 20 entries
PAST TOP PICK

(A Top Pick July 13/15. Down 0.63%.) Bought this when India have been down 30%-40% and people were very, very negative about it. This was a closed end fund run by Aberdeen Management in Scotland, a very reputable organization. They consistently beat their benchmarks. Thinks India is going to be the fastest growing economy globally. He is a little concerned recently about the slowness and the pace that the Mohdi government has been introducing, and because he needed funds, he exited his position.

investment companies / funds
PAST TOP PICK

(A Top Pick Jan 19/15. Down 18.63%.) Recently added to his holdings. This fund trades at a discount to the NAV. Over the longer term he expects India will post above average global growth. His forecast is 2.5%, but thinks it will grow a lot faster than that.

investment companies / funds
TOP PICK

This is a closed end fund. Trades at almost a 10% discount to NAV. The Indian stock market is down around 15% from its highs. They have consistently been above the benchmark in terms of returns. India is a country that is going to grow the fastest globally next year with about a 7% growth. The only issue is that it is running a deficit of about 6%-7% of GDP. They are going to introduce a VAT tax of around 15%, which will help to restore their debt ratios. Dividend yield of 0.92%.

investment companies / funds
TOP PICK

For a while India was struggling, but following the election, the stocks took off. They recently announced the lowering of the rates from 8% to 7.75%. The new prime minister really seems to be pro-business, pro-infrastructure and anticorruption. Growth forecasts are approaching China’s levels. There are also the demographics with their young middle class and growing 15% per year over the next 2 years. Trading at a bit of a discount to NAV.

investment companies / funds
PAST TOP PICK
(Top Pick Feb 7/11, Down 19.73%)
investment companies / funds
TOP PICK
India has been punished in the last couple of months so stocks have been discounted for the time being. This fund gives a diversified portfolio. Owns all of the big Indian stocks and gives you participation in that market.
investment companies / funds
PAST TOP PICK
(A Top Pick May 28/09. Up 7.5%.) Thought there would be much more growth in the India stock market. Still likes this.
investment companies / funds
COMMENT
This is a bunch of outsourcing call centres and is a fairly broad diversified holding of companies in India. China, Brazil, India and to a lesser degree Russia are all where the puck is going.
investment companies / funds
COMMENT
He would rather own individual companies but for the individual investors that is looking to do it themselves this may be a way to do it.
investment companies / funds
BUY
(Market Call Minute.) Likes the exposure to India. Emerging markets bottomed early in this gives you a good opportunity.
investment companies / funds
BUY
Thinks that India in general is a Buy. Recent election was significant as it was a game changer for the Indian economy. Government is business friendly.
investment companies / funds
TOP PICK
Mutual fund and a good way for investing in Asia. This one has all the Indian stocks. Trading right at its NAV so you are not paying a premium. Alternatively you could use an ETF. He thinks that for the next 5 to 10 years there will be good growth in the Asian markets.
investment companies / funds
DON'T BUY
Any fund that is only 25 securities is quite concentrated. May want to look more at an emerging market ETF. Comment applies to IFN-US, FXI-US. Prefers XIU-T
investment companies / funds
DON'T BUY
This is a closed end fund, not an ETF. Good thing about a closed end fund is that it trades at a good discount but very illiquid so it may never trade at a premium or get close to its NAV. For an ETF of India, he would suggest Wisdom Tree India Earnings (EPI-N), which focuses on dividends. There is also PowerShares India ETF (PIN-N).
investment companies / funds
PARTIAL BUY
Like many country funds it is a basket of stocks that foreign investors can’t buy because of restrictions. Usually trades at a discount. Indian economy has seen a lot of inflation and they have closed the doors to capital investment coming in. This is the reason for the drop. Not a bad entry level but there could be some more nastiness to come. Start with a half position.
investment companies / funds
Showing 1 to 15 of 20 entries

India Fund Inc.(IFN-N) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for India Fund Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

India Fund Inc.(IFN-N) Frequently Asked Questions

What is India Fund Inc. stock symbol?

India Fund Inc. is a American stock, trading under the symbol IFN-N on the New York Stock Exchange (IFN). It is usually referred to as NYSE:IFN or IFN-N

Is India Fund Inc. a buy or a sell?

In the last year, there was no coverage of India Fund Inc. published on Stockchase.

Is India Fund Inc. a good investment or a top pick?

India Fund Inc. was recommended as a Top Pick by on . Read the latest stock experts ratings for India Fund Inc..

Why is India Fund Inc. stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is India Fund Inc. worth watching?

In the last year, there was no coverage of India Fund Inc. published on Stockchase.

What is India Fund Inc. stock price?

On 2022-01-21, India Fund Inc. (IFN-N) stock closed at a price of $21.03.