Fact sheet: Elara Global Funds India Gateway

Fund information
Fund name
Elara Global Funds India Gateway
Fund manager company
Elara Capital Plc
Fund type
Offshore Fund
Fund manager
  • Amit Arorasince 30/04/2008
Fund objective
To generate superior returns by investing into high growth stocks of Indian equities.
Benchmark
  • S&P CNX NIFTY
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
19.7%
1 Year rank in sector
10/47
Sector
FO Equity - India
Yield
-
Fund size
£0m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
140
Top in this sector
Fund name1 Year
Kotak India Mid Cap31.9%
Baring India30.9%
Pictet Indian Equities30.9%
Gateway to India30.7%
UTI International India 198628.7%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India88.5%
    Money Market11.5%
  • Telecom, Media & Technology36.4%
    Consumer Goods23.5%
    Financials16.3%
    Others12.3%
    Money Market11.5%
  • Indian Equities88.5%
    Money Market11.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.2%20.1%19.7%134.6%154.6%
Sector-5.9%-7.9%3.7%8.2%40.4%45.5%
Rank within sector-1 / 492 / 4910 / 472 / 432 / 37
Quartile1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund19.7%6.4%67.4%2.4%25.3%
Sector5%-1.8%34.7%-6.4%21.2%
Rank within sector5 / 478 / 473 / 432 / 4215 / 37
Quartile1st1st1st1st2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
21.46
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.93
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.67
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
18.86
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
11.11
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.78
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.68
Price movement
52 week high255.74
52 week low184
Current bid price-
Current offer price-
Current mid price255.74
Region
1India88.5%
2Money Market11.5%
Industry sector
1Telecom, Media & Technology36.4%
2Consumer Goods23.5%
3Financials16.3%
4Others12.3%
5Money Market11.5%
Asset type
1Indian Equities88.5%
2Money Market11.5%
Individual holdings
No data available.
Management
Fund manager group
Elara Capital
Fund manager company
Elara Capital Plc
Fund type
Offshore Fund
Fund objective
To generate superior returns by investing into high growth stocks of Indian equities.
Benchmark
  • S&P CNX NIFTY
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Amit Arora30/04/2008Amit has over 16 years of experience in the financial services industry. He currently heads the Asset Management business for Elara Capital Plc. His previous stints were at Kuvera Fund Ltd, an India dedicated hedge fund seeded by Marshall Wace Ltd and the Kotak Mahindra group where he spent in excess of 12 years across various divisions spanning corporate finance, capital markets and risk management.
Compliance
Reporting Fund Status
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, United States
Elara Global Funds India Gateway
Initial charge-
Annual charge1.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price255.74
CurrencyUSD
Price updated31/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code05MH
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.