INDIA 2030 FUND
THE INDIA 2030 FUND
The India 2030 fund is a highly active and concentrated fund with a bias to Mid and Small cap names, seeking to monetise India’s expected transition over the decade, by targeting 4-5 themes at reasonable valuations by participating early in their cycle
INVESTMENT OBJECTIVES
“The Fund seeks to outperform its benchmark, the BSE 500 (Net) in AUD over rolling 7 year periods, with less volatility than the stated benchmark”
FUND DOCUMENTS
FUND FACTS
The India 2030 Fund is an unregistered scheme which can be subscribed to with an Information Memorandum
FUND PERFORMANCE
AS OF 31ST MAY, 2023
| Returns | 1 Month | 3 Month | 6 Month | 1 Year | Since Imception |
| India 2030 Fund (Net) | 10.40% | 13.32% | 6.41% | 3.01% | -0.47% |
| BSE 500 (Total Return) | 6.44% | 8.96% | -3.23% | 4.69% | -1.79% |
| Alpha | 3.95% | 4.35% | 9.65% | -1.69% | 1.31% |
*Since Inception returns are annualized
AS OF 30TH NOVEMBER, 2023
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | 6.46% | 2.06% | 4.40% |
| 3 Months | 8.77% | 2.96% | 8.80% |
| 6 Months | 28.19% | 10.77% | 17.42% |
| 1 Year | 40.33% | 11.89% | 28.43% |
| Since Inception | 40.33% | 6.95% | 8.89% |
AS OF 30TH DECEMBER, 2023
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | 2.06% | 5.21% | -3.14% |
| 3 Months | 8.99% | 6.05% | 2.94% |
| 6 Months | 24.72% | 13.98% | 10.74% |
| 1 Year | 49.41% | 25.04% | 24.37% |
| Since Inception | 16.31% | 9.43% | 6.88% |
AS OF 31st JANUARY, 2024
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | 10.35% | 5.42% | 4.93% |
| 3 Months | 19.91% | 13.19% | 6.71% |
| 6 Months | 27.36% | 17.32% | 10.04% |
| 1 Year | 69.22% | 40.31% | 28.90% |
| Since Inception | 21.28% | 11.87% | 9.41% |
*Since Inception returns are annualized
AS OF 29th FEBRUARY, 2024
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | 3.17% | 3.36% | -0.20% |
| 3 Months | 16.19% | 14.63% | 1.56% |
| 6 Months | 26.38% | 18.03% | 8.35% |
| 1 Year | 74.73% | 44.01% | 30.73% |
| Since Inception | 22.19% | 13.15% | 9.04% |
AS OF 31st MARCH, 2024
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | -1.18% | 0.08% | -1.26% |
| 3 Months | 12.50% | 9.04% | 3.45% |
| 6 Months | 22.61% | 15.64% | 6.97% |
| 1 Year | 68.07% | 41.79% | 26.28% |
| Since Inception | 20.69% | 12.70% | 7.98% |
AS OF 30TH SEPTEMBER, 2023
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | 1.86% | 2.15% | -0.29% |
| 3 Months | 14.44% | 7.48% | 6.96% |
| 6 Months | 37.08% | 22.61% | 14.46% |
| 1 Year | 30.80% | 14.65% | 16.15% |
| Since Inception | 13.11% | 7.17% | 5.95% |
AS OF 31ST JULY, 2023
| Returns | India 2030 Fund (Net) | BSE500 (AUD) | Outperformance |
| 1 Month | 4.90% | 2.24% | 2.66% |
| 3 Months | 19.78% | 14.08% | 5.70% |
| 6 Months | 19.80% | 9.70% | 10.09% |
| 1 Year | 26.10% | 23.29% | 2.81% |
| Since Inception | 5.31% | 3.21% | 2.11% |
AS OF 31ST DECEMBER, 2022
| India 2030 | Since Inception (p.a.) |
| Fund Returns(net) | -9.66% |
| BSE 500 (AUD) | -4.55% |
*Past performance is not necessarily indicative of future results and no person guarantees the performance of any India Avenue Investment Management (IAIM) financial product or service or the amount or timing of any investment return from it. There can be no assurance that an IAIM financial product or service will achieve any targeted returns, that asset allocations will be met or that an IAIM financial product or service will be able to implement its investment strategy and investment approach or achieve its investment objective
AS OF 30TH DECEMBER, 2023
INDIA 2030
AS OF 31ST JULY, 2023
INDIA 2030
AS OF 31st JANUARY, 2024
INDIA 2030
AS OF 31ST JULY, 2023
INDIA 2030
AS OF 29th February, 2024
INDIA 2030
AS OF 31ST JULY, 2023
INDIA 2030
AS OF 31st March, 2024
INDIA 2030
AS OF 31ST JULY, 2023
INDIA 2030
AS OF 31ST DECEMBER, 2022
INDIA 2030
BSE 500
India Avenue is a boutique investment management firm providing investment solutions that allow our clients to benefit from India’s remarkable growth story.
OUR BUSINESS
2005
The journey towards the “birth” of India Avenue originated in 2005, when ING Investment Management started a business in India as a separate division, utilising a practiced multi-manager philosophy in markets like Australia, and exported it to India. Three of our founders, Mugunthan Siva, Rajeev Thakkar and Sajjan Raut Desai worked together for INGIM (India), building investment strategies and structures, under this philosophy and applying them to Indian capital markets
2011
In 2011 our founders started discussing the possibility of building an investment firm with a capability to provide a focus on India as an stand-alone investment jurisdiction for foreign investors. The founders identified Australia and New Zealand as nascent markets for investing in regional locations, with the potential to accelerate given education and insights which the firm could provide.
2015
By 2015 the group of founders decided to work full-time on this concept to bring it to life. They did this by leaving their existing employment, thus exercising high conviction in the investment region of India as a long-term structural story for investors in Australia and New Zealand. Thus, the firm India Avenue Investment Management was registered and came to life in 2015 in Sydney, Australia.
2016
After building our business for a period of 12 months, our first fund, The India Avenue Equity Fund was launched on 6th September 2016, with strong service provider partners like Equity Trustees (RE), Mainstream (Fund Administrator), KPMG (Fund Auditor) and BNP India (Custodian).
NOW
India Avenue is now a boutique investment business firm, with clients spread across family offices, high net worth individuals, wealth advisers and financial planning firms. Our firm has focused on education and knowledge as a driver of investment behaviour and have taken a long-term approach towards Australian and New Zealand investors contemplating an allocation to India’s growth as part of their portfolios. Our firm has assets in excess of A$50m and the India Avenue Equity Fund is rated “Recommended”* by Lonsec and is available on multiple investment platforms across Australia and New Zealand.