Fact sheet: Fidelity India Focus

Fund information
Fund name
Fidelity India Focus A USD
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund managers
  • Amit Goelsince 30/03/2016
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of Indian companies listed in India, as well as those of non-Indian companies that have a significant portion of their activities in India. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI India 8% Capped
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
23.1%
1 Year rank in sector
37/48
Sector
FO Equity - India
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.97%
Fund size
£1,486m (£1,460m last year)
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.
134
Top in this sector
Fund name1 Year
UTI International India 198658.3%
StanLife Inv InEqMiCpOpts46.9%
CMI Indian44.8%
Ashmore Ind SC Eq43.3%
Kotak India Mid Cap41.8%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India95.8%
    Money Market4.2%
  • Financials24.7%
    Consumer Discretionary16.9%
    Information Technology14%
    Consumer Staples8.9%
    Energy7.6%
  • Indian Equities95.8%
    Money Market4.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.5%11.9%2.4%23.1%43.2%32.1%
Sector7.5%13.1%4.5%30.2%54.4%37.6%
Rank within sector31 / 4936 / 5033 / 5037 / 4834 / 4428 / 37
Quartile3rd3rd3rd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund8.9%-0.9%-3.4%36.2%-6%
Sector10.4%3.8%-1.8%34.7%-6.4%
Rank within sector38 / 4937 / 4835 / 4726 / 4424 / 43
Quartile4th4th3rd3rd3rd
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.
-2.03
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.
1.05
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.
0.51
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%.
17.84
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.
4.35
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.
-0.35
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.
0.94
Price movement
52 week high40.29
52 week low30.67
Current bid price-
Current offer price-
Current mid price39.07
Region
1India95.8%
2Money Market4.2%
Industry sector
1Financials24.7%
2Consumer Discretionary16.9%
3Information Technology14%
4Consumer Staples8.9%
5Energy7.6%
6Health Care7.6%
7Industrials6.6%
8Money Market4.2%
9Utilities4.1%
Asset type
1Indian Equities95.8%
2Money Market4.2%
Individual holdings
1HOUSING DEVELOPMENT FINANCE CORP9.01%
2HOUSING DEVELOPMENT FINANCE CORP9.01%
3HDFC BANK LTD7.02%
4HDFC BANK LTD7.02%
5INFOSYS LTD6.9%
6INFOSYS LTD6.9%
7TATA CONSULTANCY SERVICES5.26%
8RELIANCE INDUSTRIES5.2%
9RELIANCE INDUSTRIES5.2%
Management
Fund manager group
Fidelity
Fund manager company
Fidelity International (FIL In
Fund type
Offshore Fund
Fund objective
Aims to provide long-term capital growth with the level of income expected to be low. At least 70% invested in the shares of Indian companies listed in India, as well as those of non-Indian companies that have a significant portion of their activities in India. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies. Income is accumulated in the share price. Shares can usually be bought and sold each business day of the fund. This fund may not be appropriate for investors who plan to sell their shares in the fund within 5 years. Investment in the fund should be regarded as a long-term investment.
Benchmark
  • MSCI India 8% Capped
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Amit Goel30/03/2016
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Guernsey, Hong Kong, Ireland, Iceland, Italy, Jersey, Republic Of Korea, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Oman, Poland, Portugal, Qatar, Singapore, Sweden, Taiwan - Province Of China, South Africa
Fidelity India Focus A EUR
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price45.02
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX97
Fidelity India Focus A GBP
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price5.672
CurrencyGBP
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX96
Fidelity India Focus A SGD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.94%
Bid price-
Offer price-
Mid price1.138
CurrencySGD
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA9J4
Fidelity India Focus A USD
Initial charge5.25%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price39.07
CurrencyUSD
Price updated22/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFX95
Fidelity India Focus Y Acc EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.21
CurrencyEUR
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0RB
Fidelity India Focus Y Acc USD
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price13.64
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMFO2
Fidelity India Focus Y Dis EUR
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price20.44
CurrencyEUR
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFC7U
Fidelity India Focus Y Dis USD
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.4
CurrencyUSD
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBMNV
Fidelity India Focus Y GBP
Initial charge-
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price2.083
CurrencyGBP
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMFO3
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.