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Abrdn New India Investment Trust (ANII) Ordinary 25p

Sell:678.00p Buy:680.00p 0 Change: 6.00p (0.89%)
Market closed Prices as at close on 1 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:678.00p
Buy:680.00p
Change: 6.00p (0.89%)
Market closed Prices as at close on 1 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
Sell:678.00p
Buy:680.00p
Change: 6.00p (0.89%)
Market closed Prices as at close on 1 March 2024 Prices delayed by at least 15 minutes | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

The Company aims to provide shareholders with long term capital appreciation by investment in companies which are incorporated in India, or which derive significant revenue or profit from India, with dividend yield from the Company being of secondary importance. The Company primarily invests in Indian equity securities.
Security Weight
ICICI Bank Ltd 9.30%
HDFC Bank Ltd 7.01%
Bharti Airtel Ltd 6.22%
Infosys Ltd 5.93%
UltraTech Cement Ltd 5.39%
Power Grid Corp Of India Ltd 5.30%
Hindustan Unilever Ltd 4.99%
SBI Life Insurance Company Limited 4.15%
Tata Consultancy Services Ltd 4.01%
Prestige Estates Projects Ltd 3.76%
Sector Weight
Financial Services 30.28%
Technology 10.66%
Industrials 9.29%
Consumer Defensive 9.23%
Communication Services 8.66%
Basic Materials 8.28%
Healthcare 8.25%
Consumer Cyclical 8.08%
Real Estate 7.31%
Utilities 6.06%
Country Weight
India 108.87%
United Kingdom 0.76%

Fee Structure

Management fee of 0.80% p.a. of the NAV, up to GBP 300m, and 0.60% above GBP 300m. Agreement terminable on notice period of 6 months.

Dividend Policy

As a result of the investment policy of seeking capital growth, it is likely that minimum amount of net revenue will be paid as dividend and consequently, dividends will be small. In order to be eligible for approval as an investment trust, the Company may not retain in respect of any accounting period more than 15% of the income it derives from shares and securities. Dividends will be paid only to the extent that they are covered by income received from underlying investments.

ASSET SPLIT

Total number of holdings: 46.

Trust Manager

Not currently available for this investment trust.

Manager Bio

Not currently available for this investment trust.

Board Of Directors

Michael HughesChairman, Andrew Robson, David Simpson, Rebecca Donaldson

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.