India Fund Inc.

IFN-N

NYSE:IFN

20.87
0.08 (0.38%)

Analysis and Opinions about IFN-N

Signal
Opinion
Expert
PAST TOP PICK
PAST TOP PICK
October 25, 2016

(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.

India Fund Inc. (IFN-N)
October 25, 2016

(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.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$24.600
Owned
No
PAST TOP PICK
PAST TOP PICK
January 13, 2016

(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.

India Fund Inc. (IFN-N)
January 13, 2016

(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.

Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$21.200
Owned
Yes
TOP PICK
TOP PICK
July 13, 2015

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%.

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%.

John O'Connell, CFA
Chairman and CEO, Davis Rea
Price
$26.860
Owned
Yes
TOP PICK
TOP PICK
January 19, 2015

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.

India Fund Inc. (IFN-N)
January 19, 2015

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.

Zachary Curry
Chief Operating Officer & Portfolio Manager, Davis-Rea Ltd.
Price
$28.470
Owned
Yes
PAST TOP PICK
PAST TOP PICK
February 28, 2012
(Top Pick Feb 7/11, Down 19.73%)
India Fund Inc. (IFN-N)
February 28, 2012
(Top Pick Feb 7/11, Down 19.73%)
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$23.490
Owned
Yes
TOP PICK
TOP PICK
February 7, 2011
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.
India Fund Inc. (IFN-N)
February 7, 2011
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.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$30.050
Owned
Yes
PAST TOP PICK
PAST TOP PICK
May 14, 2010
(A Top Pick May 28/09. Up 7.5%.) Thought there would be much more growth in the India stock market. Still likes this.
(A Top Pick May 28/09. Up 7.5%.) Thought there would be much more growth in the India stock market. Still likes this.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$30.400
Owned
Yes
COMMENT
COMMENT
August 11, 2009
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.
India Fund Inc. (IFN-N)
August 11, 2009
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.
Mike S. Newton, CIM FCSI
Director & Portfolio Manager, Scotia Wealth Management
Price
$28.220
Owned
Yes
COMMENT
COMMENT
July 27, 2009
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.
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.
Mark Grammer
Managing Dir. & Portfolio Manager, Gluskin Sheff & Associates
Price
$30.220
Owned
No
BUY
BUY
June 15, 2009
(Market Call Minute.) Likes the exposure to India. Emerging markets bottomed early in this gives you a good opportunity.
(Market Call Minute.) Likes the exposure to India. Emerging markets bottomed early in this gives you a good opportunity.
David Burrows
President & Chief Investment Strategist, Barometer Capital Management
Price
$30.600
Owned
Unknown
BUY
BUY
June 5, 2009
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.
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.
Michael Yoshikami
President & Chief Investment Strategist, YCMNET Advisors
Price
$31.530
Owned
No
TOP PICK
TOP PICK
May 28, 2009
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.
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.
Rick Stuchberry
Portfolio Manager, Wellington-Altus Private Wealth
Price
$28.280
Owned
Yes
DON'T BUY
DON'T BUY
April 30, 2009
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
India Fund Inc. (IFN-N)
April 30, 2009
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
Jeff Black
President & CIO, Crestridge Asset Management
Price
$20.580
Owned
Unknown
DON'T BUY
DON'T BUY
January 7, 2009
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).
India Fund Inc. (IFN-N)
January 7, 2009
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).
Som Seif
President and CEO, Claymore Investments Inc.
Price
$17.560
Owned
Unknown
PARTIAL BUY
PARTIAL BUY
April 23, 2008
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.
India Fund Inc. (IFN-N)
April 23, 2008
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.
David Driscoll
President & CEO, Liberty International Investment Management Inc
Price
$48.560
Owned
Unknown
BUY
BUY
March 18, 2008
Question was should he stay in for the next 3 years. Answer: Yes Democratic country in India, which has a government deficit (which is a concern). It has sold off and so there are more opportunities. Infrastructure in India will grow because they are so far behind.
India Fund Inc. (IFN-N)
March 18, 2008
Question was should he stay in for the next 3 years. Answer: Yes Democratic country in India, which has a government deficit (which is a concern). It has sold off and so there are more opportunities. Infrastructure in India will grow because they are so far behind.
Mark Grammer
Managing Dir. & Portfolio Manager, Gluskin Sheff & Associates
Price
$45.850
Owned
Yes
WEAK BUY
WEAK BUY
January 15, 2007
Investing in India, an emerging market is a long-term process. India has high growth rates and relatively low inflation but with lots of volatility.
India Fund Inc. (IFN-N)
January 15, 2007
Investing in India, an emerging market is a long-term process. India has high growth rates and relatively low inflation but with lots of volatility.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$44.590
Owned
Unknown
BUY
BUY
October 4, 2006
India is growing like gangbusters. Rather than owning a fund, he would consider an E.T.F. which would be cheaper. Good long-term story.
India Fund Inc. (IFN-N)
October 4, 2006
India is growing like gangbusters. Rather than owning a fund, he would consider an E.T.F. which would be cheaper. Good long-term story.
Paul Harris, CFA
Partner and Portfolio Manager, Harris Douglas Asset Management
Price
$44.240
Owned
Unknown
BUY
BUY
June 20, 2006
World markets dropped off significantly. The Indian economy is still strong.. Pays a great dividend of about 6/7%.
World markets dropped off significantly. The Indian economy is still strong.. Pays a great dividend of about 6/7%.
Neil Wickham
President, Wickham Investment Counsel
Price
$42.740
Owned
Yes
VAGUE
VAGUE
August 16, 2005
Hasn't really followed this fund, but can say that India has been a very strong market. Many smart people are feeling that ultimately India will be able to offer you better returns than China. India would be a good place to be.
India Fund Inc. (IFN-N)
August 16, 2005
Hasn't really followed this fund, but can say that India has been a very strong market. Many smart people are feeling that ultimately India will be able to offer you better returns than China. India would be a good place to be.
Mark Grammer
Managing Dir. & Portfolio Manager, Gluskin Sheff & Associates
Price
$36.020
Owned
No
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