Nomura Funds Ireland – India Equity Fund
Key Factors
Our India Equity Fund is a concentrated strategy investing in Indian equities, aiming to deliver a high excess return. The strategy offers an attractive opportunity for investors to benefit from the high growth potential from Indian companies, driven by the dynamic domestic economy, Modi-reform and young population.
- Benchmark: MSCI India.
- Holdings: 40-45 stocks.
- Outperformance target: 4%-6% p.a.
- Tracking Error Range: usually 6%-10% p.a.
- More than 15 years track record – fund incepted in January 2007.
Investment Philosophy
We believe the most effective way to add value consistently in India is through original fundamental research and analysis; market inefficiencies at the individual stock-level are much greater than at the macro-level. Thus, we spend most time and resource here and stock selection is our primary source of added value.
Investment Approach
- Bottom-up approach is based on fundamental research, supported by a large number of visits to Indian companies, including their suppliers and clients by our highly experienced portfolio management team.
- Stock selection is supported by a country specific India stock model with a sector overlay.
- Leverage on the established investment management platform of the core team. Lead manager Vipul Mehta is dedicated to managing India equities portfolios since their inception. All India equity specialists are natives; understand the culture, key issues and opportunities. They travel frequently to India and meet with the management teams of companies, suppliers, employees, etc., but are based at NAM Singapore away from the ‘noise’ of the Indian marketplace.
- We follow a wide and unconstrained investment universe (typically non-market cap biased) which offers us the greatest opportunity and flexibility to select stocks which look attractive on our initial screening. However, we maintain a concentrated investment with 40-45 high conviction stocks to achieve high excess return.
Potential significant risks
Emerging markets or less developed countries may face more political, economic or structural challenges than developed countries. This means your money is at greater risk.
Investment Objective |
Aiming to achieve long-term capital growth through investment in an actively managed portfolio of Indian securities. |
Fund Size |
USD 2.01 billion (as at 30.06.2024) |
Investment Company |
Nomura Asset Management U.K. Ltd. |
Fund Managers |
Vipul Mehta, Head of Investment Asia Pacific ex Japan, |
Launch Date |
12.01.2007 |
Base Currency |
USD |
Sector |
Equity – India |
Benchmark |
MSCI India |
Domicile |
Ireland (Nomura Funds Ireland plc) |
Other |
Further information can be found on the website of Nomura Asset Management U.K. Ltd. (You will leave the website of Nomura Asset Management Europe KVG mbH and will switch to the website of Nomura Asset Management U.K. Ltd.) |
A German version of the prospectus can be found here.
The English version of the prospectus is legally binding.
The table comprises a selection of the current available share classes (partly not yet active) for the stated Nomura Funds Ireland plc. mutual fund.
As per January 2024
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