The India Fund, Inc. Announces Performance Data And Portfolio Composition
PHILADELPHIA, March 11, 2013
PHILADELPHIA, March 11, 2013 /PRNewswire/ --The India Fund, Inc. (the "Fund")
(NYSE: IFN), a closed-end equity fund, announced today its performance data
and portfolio composition as of January 31, 2013.
(Logo: http://photos.prnewswire.com/prnh/20121106/NE07292LOGO )
The Fund's total returns for various periods through January 31, 2013 are
provided below. (All figures are based on distributions reinvested at the
dividend reinvestment price and are stated net-of-fees):
Period NAV Total Return % Market Price Total Return %
Cumulative Annualized Cumulative Annualized
427.7 9.2 339.4 8.1
485.1 19.3 510.1 19.8
-16.0 -3.4 -21.1 -4.6
2.4 0.8 -0.8 -0.3
1-year 9.8 10.8
On January 31, 2013, the Fund's net assets amounted to US$984.8 million and
the Fund's NAV per share was $24.59.
As of January 31, 2013, the portfolio was invested as follows:
Information Technology 20.9
Consumer Staples 19.0
Consumer Discretionary 7.7
Health Care 5.6
The Fund's ten largest equity holdings as of January 31, 2013, representing
66.3% of net assets, were:
ICICI Bank 9.9
Housing Development Finance 9.5
Tata Consultancy Services 9.2
HDFC Bank 4.5
Hero MotoCorp 4.3
Godrej Consumer Products 3.8
Hindustan Unilever 3.7
Ultra Tech Cement 3.3
Aberdeen Asset Management Inc. has prepared this report based on information
sources believed to be accurate and reliable. However, the figures are
unaudited and neither the Fund, Aberdeen Asset Management Asia Limited (the
Investment Manager), nor any other person guarantees their accuracy.
Investors should seek their own professional advice and should consider the
investment objectives, risks, charges and expenses before acting on this
information. Aberdeen is a U.S. registered service mark of Aberdeen Asset
Closed-end funds are traded on the secondary market through one of the stock
exchanges. The Fund's investment return and principal value will fluctuate so
that an investor's shares may be worth more or less than the original cost.
Shares of closed-end funds may trade above (a premium) or below (a discount)
the net asset value (NAV) of the fund's portfolio. There is no assurance that
the Fund will achieve its investment objective. Past performance does not
guarantee future results.
Total return figures with distributions reinvested at the dividend
reinvestment price are stated net-of-fees and represents past performance.
Past performance is not indicative of future results, current performance may
be higher or lower. Holdings are subject to change and are provided for
informational purposes only and should not be deemed as a recommendation to
buy or sell the securities shown. Inception date February 23, 1994.
If you wish to receive this information electronically, please contact:
SOURCE The India Fund, Inc.
Contact: Aberdeen Asset Management Inc., Investor Relations, +1-866-839-5205,
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