Our Fund

India Avenue Equity Fund

A long-term investment, in a well-diversified portfolio of companies, listed predominantly on India’s stock exchanges. The Fund provides exposure to large, already successful companies growing strongly given India’s fundamentals as well to companies which are under-researched and less known, but with the potential to be tomorrow’s leading companies given an ecosystem highly conducive to growth. The Fund is suitable for both for institutional and retail clients with an investment horizon of 5-7 years and looking to participate and benefit from India’s growth story.

Investment Objectives

“The Fund seeks to outperform its benchmark, the MSCI India (Net) in AUD over rolling 5 year periods, with less volatility than the stated benchmark”

LONSEC RATING: RECOMMENDED*

Fund Facts

APIR Code Wholesale ETL0482AU
Retail ETL0478AU
Buy-Sell Spread 0.35% / 0.35%
Management Fees Wholesale: 1.10% p.a.
Retail: 1.50% p.a.
Performance Fees 10% of the excess return above the benchmark
Subject to a high watermark
Latest Unit Price Download the Fund NAV Sheet
Valuation Frequency Daily
AUM  AU$ 46.61 Mn (Mar 2021)
Fund Inception Date 6th September 2016
Distribution Frequency Yearly at 30 June
Currency Australian Dollars
Benchmark MSCI India (Net) in AUD
Fund Domicile Australia
Responsible entity Equity Trustees Limited
Fund administrator Mainstream Fund Services Pty Ltd
Fund auditor KPMG Australia

UPCOMING

APIR Code TO BE LAUNCHED
Buy-Sell Spread 0.35% / 0.35%
Management Fees 1.25% p.a.
Performance Fees 15% of the excess return above the benchmark
Subject to a high watermark
Latest Unit Price TO BE LAUNCHED
Valuation Frequency Monthly (1st working day of every month)
AUM TO BE LAUNCGED
Fund Inception Date TO BE LAUNCGED
Distribution Frequency Yearly at 30 June
Currency Australian Dollars
Benchmark BSE 500 in AU$
Fund Domicile Australia
Responsible entity Equity Trustees Limited
Fund administrator Mainstream Fund Services Pty Ltd
Fund auditor KPMG Australia

Fund Performance

As of 31st March, 2021

3 Months 6 Months 1 Year 2 Years (p.a.) 3 Years (p.a.) Since Inception (p.a.)
IAEF (M Class) 9.21% 26.94% 48.50% 5.47% 6.60% 7.64%
IAEF (H Class) 9.10% 26.66% 47.85% 4.99% 6.09%
MSCI India 6.49% 19.72% 41.71% 6.64% 9.44% 9.37%
*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 31st March, 2021

As of 31st March, 2021

As of 31st March, 2021

Name Industry Weight
Bajaj Finance Consumer Finance 4.40%
HDFC Bank Banks 4.19%
Infosys IT Services 4.18%
Kotak Mahindra Bank Banks 3.40%
Tata Consultancy Services IT Services 3.26%
HCL Technologies IT Services 3.13%
Indian Energy Exchange Electricity / Power Trading 3.01%
UPL Chemicals 3.00%
Redington Electronic Equipment, Instruments 2.4%
HDFC Housing Finance 2.82%
Maruti Suzuki Automobiles 2.53%
ICICI Bank Banks 2.53%
Info Edge India Internet 2.49%
Aurobindo Pharma Pharmaceuticals 2.33%
Avenue Supermarts Food & Staples Retailing 2.21%
Motherson Sumi Systems Auto Components 2.02%
Divis Laboratories Pharmaceuticals 1.98%
Endurance Technologies Auto Components 1.80%
ABB Power Electricity / Power 1.79%
ITD Cementation Construction 1.71%

Factsheet Archive

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India Avenue Equity Fund Annual Report

Annual Report 2018-2019Annual Report 2017-2018Annual Report 2016-2017

India Avenue Equity Fund Trading Holidays

Trading Holidays 2021Trading Holidays 2020Trading Holidays 2019