Fact sheet: Morg Stnly Indian Equity

Fund information
Fund name
Morg Stnly Indian Equity B USD
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund managers
  • Ashutosh Sinhasince 30/04/2012
  • Ruchir Sharmasince 30/11/2006
Fund objective
To seek long-term capital appreciation, measured in U.S. dollars, by investment directly (subject to the Fund’s obtaining applicable regulatory approval as the case may be) or through Morgan Stanley SICAV (Mauritius) Limited (the “Subsidiary”), primarily in the equity securities of companies domiciled or exercising the predominant part of their economic activity in India.
Benchmark
  • MSCI India (Net) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
3.1%
1 Year rank in sector
31/47
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.
3%
Fund size
£234m (£188m 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.
138
Top in this sector
Fund name1 Year
Gateway to India29.5%
Kotak India Mid Cap28.1%
UTI International India 198627.6%
Baring India27.4%
Pictet Indian Equities27.3%
...more in FO Equity - India

Performance snapshot

Holdings snapshot

  • India96%
    Money Market4%
  • Banks17%
    Consumer Credit & Leasing11.1%
    Machinery11.1%
    Media9.6%
    Oil & Gas8.7%
  • Indian Equities95.8%
    Money Market4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.9%-11.3%-1.3%3.1%42%46.7%
Sector-6.5%-8.7%3.1%5.7%38.4%40.1%
Rank within sector30 / 4837 / 4936 / 4931 / 4719 / 4321 / 37
Quartile3rd4th3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund1.8%-2.3%41.8%-8.8%27%
Sector3.5%-1.8%34.7%-6.4%21.2%
Rank within sector22 / 4730 / 4717 / 4334 / 4212 / 37
Quartile2nd3rd2nd4th2nd
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.
0.5
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.
1.01
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.
0.56
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%.
17.58
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.
4.72
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.
0.11
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.
0.92
Price movement
52 week high36.59
52 week low26.67
Current bid price-
Current offer price-
Current mid price32.13
Region
1India96.04%
2Money Market3.96%
Industry sector
1Banks17.03%
2Consumer Credit & Leasing11.15%
3Machinery11.12%
4Media9.64%
5Oil & Gas8.71%
6Building & Construction8.61%
7Information Technology6.7%
8Financials5.29%
9Cash & Cash Equivalents3.96%
Asset type
1Indian Equities95.78%
2Money Market4.22%
Individual holdings
1INFOSYS6.7%
2SHRIRAM TRANSPORT FINANCE CO LTD6.41%
3SHRIRAM TRANSPORT FINANCE CO LTD6.41%
4EICHER MOTORS5.82%
5EICHER MOTORS5.82%
6INDUSIND BANK LIMITED5.8%
7INDUSIND BANK LIMITED5.8%
8ZEE ENTERTAINMENT ENTERPRISES LTD5.57%
9ZEE ENTERTAINMENT ENTERPRISES LTD5.57%
Management
Fund manager group
Morgan Stanley
Fund manager company
Morgan Stanley Investment Fund
Fund type
Offshore Fund
Fund objective
To seek long-term capital appreciation, measured in U.S. dollars, by investment directly (subject to the Fund’s obtaining applicable regulatory approval as the case may be) or through Morgan Stanley SICAV (Mauritius) Limited (the “Subsidiary”), primarily in the equity securities of companies domiciled or exercising the predominant part of their economic activity in India.
Benchmark
  • MSCI India (Net) Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ashutosh Sinha30/04/2012-IIT, Kanpur, B Tech Electrical Engineering, 1988 -Indian Institute of Management, MBA, 1993 -Citicorp Overseas Software, Consultant, 1988-91 -SBI Funds Management, Analyst, 1993-95 -Morgan Stanley Investment Management, 1995 - Senior Portfolio Manager, Asian Equity -Years of investment experience: 10
Ruchir Sharma30/11/2006Ruchir Sharma, Managing Director, joined Morgan Stanley in 1996 and has 10 years of investment experience. He is co-head of our Emerging Markets Equity team and a portfolio manager for our Global Asset Allocation portfolio. Prior to joining the Firm, he worked with Prime Securities Ltd (Delhi), a non-banking financial services firm, where he ran the firm's foreign exchange business. He is also a columnist with India's leading financial daily, The Economic Times, and has been writing a regular column on global financial markets since 1991. In addition, he is a frequent contributor to industry journals such as the Wall Street Journal. Ruchir received a B.A. from the Shri Ram College of Commerce, Delhi in Commerce.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Chile, Germany, Spain, Finland, France, United Kingdom, Greece, Guernsey, Hong Kong, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden, Taiwan - Province Of China
Morg Stnly Indian Equity A USD
Initial charge5.75%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price35.53
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK619
Morg Stnly Indian Equity A USD EUR
Initial charge5.75%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price33.1
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK618
Morg Stnly Indian Equity AX USD
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price37.03
CurrencyUSD
Price updated23/11/2007
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK616
Morg Stnly Indian Equity AX USD GBP
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18.04
CurrencyGBP
Price updated23/11/2007
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK617
Morg Stnly Indian Equity B USD
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)3.33%
Bid price-
Offer price-
Mid price32.13
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK615
Morg Stnly Indian Equity B USD EUR
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)3%
Total expense ratio (TER)3.33%
Bid price-
Offer price-
Mid price29.93
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK614
Morg Stnly Indian Equity I USD
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price38.44
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK613
Morg Stnly Indian Equity I USD EUR
Initial charge3%
Annual charge0.9%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.49%
Bid price-
Offer price-
Mid price35.81
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK612
Morg Stnly Indian Equity IX USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price37.31
CurrencyUSD
Price updated23/11/2007
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK610
Morg Stnly Indian Equity IX USD GBP
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price18.17
CurrencyGBP
Price updated23/11/2007
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK611
Morg Stnly Indian Equity N USD EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price34.05
CurrencyEUR
Price updated08/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFN4L
Morg Stnly Indian Equity N USD GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price29.05
CurrencyGBP
Price updated08/07/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFT0Z
Morg Stnly Indian Equity Z USD
Initial charge1%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price39.64
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPE1
Morg Stnly Indian Equity Z USD EUR
Initial charge1%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.19%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price36.93
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPE0
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.