Fact sheet: JP Morgan Indian IT plc

Fund information

Fund name
JP Morgan Indian IT plc
Fund company manager
JP Morgan Asset Management UK
Fund type
ITR
Fund manager
Rajendra Nair
since 01/01/2007
Fund objective
Aims to provide capital growth from Indian investments by outperforming the MSCI India Index. The company will invest in a diversified portfolio of quoted Indian companies and companies that earn a material part of their revenues from India. The company will not invest in other countries of the Indian sub continent including Sri Lanka. The company has the ability to use borrowing to gear the portfolio to up to 15% of net assets where appropriate.
Benchmark
MSCI India
Investment style
Growth
Investment method
-

Performance snapshot

Quick stats

1 Year return

17.44 %

1 Year rank in sector

6/7

Sector

IT Country Specialists Asia Pacific

Yield
-
Fund size

£ 772.8 m

FE Risk score

154

NAV

823.3

Discount/Premium

+-10.8466

Gearing

107

Top in sector

Holdings snapshot

  • India
    99.2%
  • Money Market
    0.8%
  • Financials
    38.9%
  • Consumer Discretionary
    18.1%
  • Materials
    17.9%
  • Industrials
    9.4%
  • Information Technology
    7.8%
  • Indian Equities
    99.2%
  • Money Market
    0.8%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-1.74 %4.48 %17.44 %63.84 %112.45 %
Sector1.73 %9.51 %25.38 %69.31 %152.25 %
Rank within sector6 / 77 / 76 / 75 / 76 / 7
Quartile th4 th4 th4 th3 rd4 th

Calendar performance

YTD-20172016201520142013
Fund23.78 %17.43 %1.18 %49.89 %-10.56 %
Sector21.93 %30.65 %-1.04 %35.8 %2.93 %
Rank within sector5 / 77 / 83 / 83 / 86 / 8
Quartile th3 rd4 th2 nd2 nd3 rd

Risk statistics

Alpha-4.23
Beta1.24
Sharpe0.75
Volatility21.78
Tracking error12.9
Information ratio-0.07
R-Squared0.66

Price movement

52 week high770
52 week low579
Current bid price736
Current offer price737
Current mid price734

Holdings by region

  • 99.2% India
  • 0.8% Money Market

Holdings by sector

  • 38.9% Financials
  • 18.1% Consumer Discretionary
  • 17.9% Materials
  • 9.4% Industrials
  • 7.8% Information Technology
  • 4% Health Care
  • 1.4% Telecommunications Utilities
  • 0.9% Consumer Staples
  • 0.8% Others
  • 0.5% Real Estate

Holdings by asset type

  • 99.2% Indian Equities
  • 0.8% Money Market

Individual holdings

  • 8.6% HDFC BANK LTD
  • 7.8% HOUSING DEVELOPMENT FINANCE CORP
  • 7.8% HOUSING DEVELOPMENT FINANCE CORP
  • 5.9% INDUSIND BANK LIMITED
  • 5.9% INDUSIND BANK LIMITED
  • 5.8% MARUTI SUZUKI INDIA LTD
  • 5.8% MARUTI SUZUKI INDIA LTD
  • 5% KOTAK MAHINDRA BANK
  • 5% KOTAK MAHINDRA BANK
  • 4.4% ASHOK LEYLAND