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
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

26.64 %

1 Year rank in sector

10/50

Sector

FO Equity - India

Yield
-
Fund size

£ 429.0 m

FE Risk score

129

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • India
    97.51%
  • Money Market
    2.49%
  • Financials
    22.35%
  • Information Technology
    12.71%
  • Utilities
    11.16%
  • Consumer Discretionary
    9.27%
  • Health Care
    9.24%
  • Indian Equities
    93.96%
  • Money Market
    6.04%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund4.17 %22.76 %25.99 %29.42 %86.85 %
Sector2.12 %20.66 %20.42 %36.07 %84.78 %
Rank within sector5 / 4921 / 5110 / 5033 / 4526 / 37
Quartile th1 st2 nd1 st3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund27.12 %5.72 %-6.06 %28.85 %1.85 %
Sector24.5 %3.79 %-1.79 %34.73 %-6.45 %
Rank within sector23 / 5118 / 4741 / 4541 / 423 / 41
Quartile th2 nd2 nd4 th4 th1 st

Risk statistics

Alpha-1.81
Beta0.96
Sharpe0.28
Volatility15.38
Tracking error4.26
Information ratio-0.52
R-Squared0.92

Price movement

52 week high178.02
52 week low136.48
Current bid price0
Current offer price0
Current mid price177.86

Holdings by region

  • 97.51% India
  • 2.49% Money Market

Holdings by sector

  • 22.35% Financials
  • 12.71% Information Technology
  • 11.16% Utilities
  • 9.27% Consumer Discretionary
  • 9.24% Health Care
  • 8.47% Materials
  • 6.71% Consumer Staples
  • 6.53% Industrials
  • 5.32% Energy
  • 4.52% Telecommunications Utilities

Holdings by asset type

  • 93.96% Indian Equities
  • 6.04% Money Market

Individual holdings

  • 6.57% POWER GRID CORP OF INDIA
  • 6.57% POWER GRID CORP OF INDIA
  • 5.64% ICICI Bank Ltd.
  • 5.31% INFOSYS LTD
  • 5.31% INFOSYS LTD
  • 4.52% BHARTI AIRTEL
  • 4.52% BHARTI AIRTEL
  • 3.87% HCL TECHNOLOGIES
  • 3.87% HCL TECHNOLOGIES
  • 3.46% HDFC BANK LTD