IIF: Historical Outperformance And Superior Industry Approach
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Dylan Waller884 FollowersFollow5ShareSavePlay(8min)CommentsSummaryThe MS India Investment Fund offers exposure to dominant Indian large-caps at a 10.8% discount to NAV.IIF has consistently outperformed the MSCI India Index and peer India ETFs since inception, demonstrating strong relative returns.The fund’s portfolio is heavily weighted toward financial and consumer sectors, which together comprise about 70% of assets.Loan growth in India and robust consumer demand underpin IIF’s focus on leading banks and consumer companies. Franck38/iStock via Getty Images MS India Investment Fund Outlook Indian equities have been on a tear in the past decade, and while the economy and stock market still have a favorable outlook ahead of them, many investors are concerned about valuationsThis article was written byDylan Waller884 FollowersFollowI am interested in frontier/emerging stock markets and other international markets (i.e. Japan/Korea). My articles will primarily focus on stocks I am monitoring now based on quality of management/emerging market exposure/valuation.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Quick InsightsHow does IIF’s current discount to NAV compare to its historical average?IIF trades at a 10.8% discount, slightly wider than its historical average, offering an attractive entry point for investors.What sectors dominate IIF’s portfolio, and why is this significant?Financials and consumer companies make up about 70% of IIF’s assets, capitalizing on India’s strong consumer base and double-digit loan growth.How has IIF’s performance compared to the MSCI India Index and peer ETFs?IIF has outperformed the MSCI India Index and other India-focused ETFs, including small-cap and MSCI-tracking funds, since its inception.Recommended For You