OUR FUND

India Avenue Equity Fund

The India Avenue Equity Fund provides a diversified exposure across high quality Indian corporate success stories as well as to companies which are less known, but with the potential to be tomorrow’s leading companies

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

Fund Facts

APIR Code
L class ETL0478AU | AU60ETL04784
M class ETL0482AU | AU60ETL04826
H class ETL0482AU | AU60ETL04826
Buy-Sell Spread 0.35% / 0.35%
Management Fees
H class 1.50%
M class 1.10%
L class 0.95%
Performance Fees
H class 10% of the excess return over the benchmark, with a high watermark
M class 10%
L class 15%
Latest Unit Price Download the Fund NAV Sheet
Valuation Frequency Daily
AUM  $70.06 Million (December 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

Fund Performance

AS OF 30TH DECEMBER, 2021

3 Months 1 Year 2 Years (p.a.) 3 Years (p.a.) 5 Years (p.a.) Since Inception (p.a.)
IAEF (M Class) 1.89% 47.49% 22.77% 16.72% 14.53% 12.71%
IAEF (H Class) 1.75% 46.58% 22.11% 16.14% 11.71%
MSCI India -0.86% 33.98% 18.76% 14.96% 14.99% 12.75% (M Class)
*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, 2021
  • Information Technology (23.2%)
  • Financials (21.5%)
  • Consumer Discretionary (11.5%)
  • Industrials (11.3%)
  • Materials (6.0%)
  • Health Care (5.5%)
  • Real Estate (5.2%)
  • Consumer Staples (4.6%)
  • Communication Services (3.8%)
  • Energy (2.1%)
  • Utilities (1.5%)
  • Futures (2.90%)
  • Cash (0.8%)
AS OF 30TH DECEMBER, 2021

Name Industry Weight
HCL Technologies IT Services 4.86%
Bajaj Finance Financials 4.12%
Tata Consultancy Services IT Services 3.70%
Infosys IT Services 3.35%
Aurobindo Pharma Healthcare 3.03%
Redington (India) Electronic 2.98%
Avenue Supermarts Retailing 2.94%
Brigade Enterprise Real Estate 2.94%
Futures Futures 2.90%
Indian Energy Exchange Capital  Markets 2.76%
Tanla Platforms IT Services 2.76%
Housing Development Finance Housing Fin. 2.54%
Abb Power Industrials 2.29%
Cyient IT Services 2.25%
Info Edge (I) Internet/ Media 2.24%
Reliance Industries Energy 2.11%
ICICI Bank Financials 2.09%
Divis Laboratories Pharmaceuticals 1.92%
Barbeque Nation Cosumer Discretionary 1.84%
Motherson Sumi Systems Auto Ancillaries 1.79%

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India Avenue Equity Fund Annual Report

Annual Report 2020-2021Annual Report 2019-2020Annual Report 2018-2019Annual Report 2017-2018Annual Report 2016-2017

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