First State Indian Subcontnt III USD Acc

Performance History31/05/2019
Growth of 1,000 (EUR)
First State Indian Subcontnt III USD Acc
Fund17.65.324.0-2.56.9
+/-Cat9.52.30.35.7-1.6
+/-Idx13.03.82.10.1-3.9
 
Key Stats
NAV
25/06/2019
 USD 25.70
Day Change 0.45%
Morningstar Category™ India Equity
ISIN IE00B6Y13T06
Fund Size (Mil)
25/06/2019
 USD 535.92
Share Class Size (Mil)
25/06/2019
 USD 262.18
Max Initial Charge 7.00%
Ongoing Charge
30/05/2019
  1.11%
Morningstar Research
Analyst Report

We continue to have high conviction in First State Indian Subcontinent’s lead manager and his well-codified approach. The fund retains its Morningstar Analyst Rating of Gold.Vinay Agarwal and Naren Gorthy are the named managers on this strategy,...

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Morningstar Pillars
PeoplePositive
ParentNeutral
ProcessPositive
PerformancePositive
PriceNeutral
Investment Objective: First State Indian Subcontnt III USD Acc
The fund aims to achieve long term capital growth. The fund will comprise a diversified portfolio of companies of the Indian subcontinent Countries of the Indian subcontinent include India, Pakistan, Sri Lanka and Bangladesh. The Fund concentrates on securities that are listed, traded or dealt in on Regulated Markets in the Indian subcontinent and offshore instruments issued by companies established or operating or have significant interests in the Indian subcontinent and listed on other Regulated Markets.
Returns
Trailing Returns (EUR)25/06/2019
YTD2.87
3 Years Annualised10.05
5 Years Annualised16.31
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Vinay Agarwal
01/08/2012
Naren Gorthy
10/08/2017
Inception Date
23/08/2013
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Benchmarks
Fund BenchmarkMorningstar Benchmark
MSCI India NR USDMSCI India NR USD
Target Market
Role In Portfolio
Standalone / CoreNot Specific
ComponentNot Specific
OtherNot Specific
Primary Objective
PreservationNo
GrowthYes
IncomeNot Specific
HedgingNot Specific
OtherNot Specific
Portfolio Profile for  First State Indian Subcontnt III USD Acc28/02/2019
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stocks89.880.0089.88
Bonds0.000.000.00
Cash10.120.0010.12
Other0.000.000.00
Top 5 Regions%
Asia - Emerging100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Financial Services24.99
Consumer Defensive15.48
Basic Materials11.90
Consumer Cyclical11.82
Technology10.01
Top 5 HoldingsSector%
HDFC Bank LtdFinancial ServicesFinancial Services5.60
Ambuja Cements LtdBasic MaterialsBasic Materials5.07
Bharti Airtel LtdCommunication ServicesCommunication Services4.42
Kotak Mahindra Bank LtdFinancial ServicesFinancial Services4.13
SKF India LtdIndustrialsIndustrials3.85
First State Indian Subcontnt III USD Acc
In order to provide consistency across the report data provided by different Asset Managers, the calculated data points presented are generated using Morningstar’s proprietary calculation methodology which is set out in more detail at(https://www.morningstar.com/research/signature)