India Capital Growth Fund Ltd (IGC) Ord GBp0.01
Sell:171.00p
Buy:172.00p
0
Change:
3.50p
(2.08%)
3.50p
(2.08%)
FTSE All Share:0.19%
Market closed |
Prices as at close on 17 September 2025
Prices delayed by at least 15 minutes
|
Switch to live prices
|
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Sell:171.00p
Buy:172.00p
Change:
3.50p
(2.08%)
3.50p
(2.08%)
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
Market closed |
Prices as at close on 17 September 2025
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Sell:171.00p
Buy:172.00p
Change:
3.50p
(2.08%)
3.50p
(2.08%)
Market closed |
Prices as at close on 17 September 2025
Prices delayed by at least 15 minutes
|
Switch to live prices
|
Deal for just £11.95 per trade in a
Stocks and Shares ISA,
Lifetime ISA
,
SIPP
or
Fund and Share Account
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 achieve long term capital growth from investments in India and its subcontinent. The Company will invest in a diversified portfolio of quoted Indian companies and companies that earn a material part of their revenues from India. Returns are principally determined by the performance of the investments made by the Company. The Company has the ability to use borrowing to gear the portfolio to up to 25% of net assets. Gearing may magnify gains or losses experienced by the Company. To date the Company has not used its borrowing authority. Income distribution is not expected given the capital growth objective of the Company.
| Security | Weight |
|---|---|
| Dixon Technologies (India) Ltd | 5.32% |
| Skipper Ltd | 5.29% |
| Neuland Laboratories Ltd | 5.01% |
| RBL Bank Ltd | 4.69% |
| Multi Commodity Exchange of India Ltd | 4.67% |
| The Federal Bank Ltd | 4.50% |
| Affle 3i Ltd | 4.05% |
| Emami Ltd | 3.93% |
| Persistent Systems Ltd | 3.60% |
| CCL Products (India) Ltd | 3.45% |
| Sector | Weight |
|---|---|
| Financial Services | 23.98% |
| Industrials | 19.33% |
| Consumer Cyclical | 16.66% |
| Technology | 11.10% |
| Basic Materials | 9.34% |
| Consumer Defensive | 8.76% |
| Healthcare | 6.79% |
| Communication Services | 4.05% |
| Country | Weight |
|---|---|
| India | 100.00% |
Fee Structure
Management fee 1.25% p.a. of the lower of total assets or market capitalisation. The Agreement continues in force until determined by the Investment Manager or the Company giving not less than 12 months notice.
Dividend Policy
In view of the comparatively low yields available in India, the Directors do not expect income (net of expenses) to be significant and do not currently expect to declare any dividends. In the event that net income is significant, the Directors may consider the distribution of net income in the form of dividends. Dividends, if any, are expected to be paid in GBX.
ASSET SPLIT
Trust Manager
Gaurav Narain
Manager Bio
Gaurav Narain joined the Group in November 2011, having been immersed in the Indian equity markets for the previous 18 years. He has held senior positions as both a fund manager and an equities analyst in New Horizon Investments, ING Investment Management India and SG (Asia) Securities India. He holds a Masters degree in Finance and Control and a Bachelor of Economics degree from Delhi University.
Board Of Directors
Elisabeth ScottChairman, Patrick Firth, Lynne Duquemin, Nick Timberlake
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'.