Fact sheet: Nordea 1 Indian Equity

Fund information

Fund name
Nordea 1 Indian Equity BP USD
Fund company manager
Nordea
Fund type
SIB
Fund manager(s)
Sankaran Naren
since 05/07/2012
Fund objective
The fund shall invest a minimum two thirds of its total assets in equity and equity related securities issued by companies, which are domiciled or exercise the predominant part of their economic activity in India. It may also invest in equity arbitrage, debt, money market instruments (to the extent permitted) for defensive considerations. It actively uses derivatives (index futures) with an endeavor to reduce volatility and to protect downside of the fund. The fund aims to provide opportunity to capture the potential of the Indian equity markets at a nascent stage of the country’s evolution cycle.
Benchmark
MSCI India 10/40
Investment style
None
Investment method
Shares

Quick stats

1 Year return

19.31 %

1 Year rank in sector

15/50

Sector

FO Equity - India

Yield
-
Fund size

£ 402.1 m

FE Risk score

136

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • India
    96.9%
  • Money Market
    3.1%
  • Financials
    24.49%
  • Information Technology
    10.71%
  • Health Care
    10.38%
  • Materials
    10.16%
  • Utilities
    8.81%
  • Indian Equities
    96.79%
  • Money Market
    3.21%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.73 %8.34 %19.31 %30.79 %69.47 %
Sector-0.27 %7.41 %15.16 %37.88 %65.25 %
Rank within sector26 / 4923 / 5115 / 5034 / 4426 / 38
Quartile th3 rd2 nd2 nd4 th3 rd

Calendar performance

YTD-20172016201520142013
Fund27.56 %5.72 %-6.06 %28.85 %1.85 %
Sector26.72 %3.79 %-1.79 %34.73 %-6.45 %
Rank within sector26 / 5017 / 4642 / 4540 / 413 / 40
Quartile th3 rd2 nd4 th4 th1 st

Risk statistics

Alpha-0.47
Beta0.96
Sharpe0.28
Volatility15.72
Tracking error4.16
Information ratio-0.2
R-Squared0.93

Price movement

52 week high180.42
52 week low136.48
Current bid price0
Current offer price0
Current mid price178.47

Holdings by region

  • 96.9% India
  • 3.1% Money Market

Holdings by sector

  • 24.49% Financials
  • 10.71% Information Technology
  • 10.38% Health Care
  • 10.16% Materials
  • 8.81% Utilities
  • 8.58% Consumer Discretionary
  • 6.48% Industrials
  • 6.07% Consumer Staples
  • 5.76% Telecommunications Utilities
  • 4.31% Energy

Holdings by asset type

  • 96.79% Indian Equities
  • 3.21% Money Market

Individual holdings

  • 5.76% BHARTI AIRTEL
  • 5.76% BHARTI AIRTEL
  • 5.44% ICICI Bank Ltd.
  • 5.02% POWER GRID CORP OF INDIA
  • 5.02% POWER GRID CORP OF INDIA
  • 4.77% INFOSYS LTD
  • 4.77% INFOSYS LTD
  • 3.9% TATA STEEL
  • 3.9% TATA STEEL
  • 3.77% HCL TECHNOLOGIES