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MINDX Matthews India Investor

  • Fund
  • MINDX
  • Price as of: Aug 08, 2016
  • $28.46
  • + $0.04
  • + 0.14%
  • Category
  • India Equities

MINDX - Profile

Vitals

  • YTD Return 7.7%
  • 3 Yr Annualized Return 23.9%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $1.67 B
  • Holdings in Top 10 44.1%

52 WEEK LOW AND HIGH

$28.46
$22.86
$28.46

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.11%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 9.51%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$500

Investment Themes

CATEGORY

India Equities
  • Fund Type Open End Mutual Fund
  • Investment Style India Equity

Distributions

  • YTD Total Return 7.7%
  • 3 Yr Annualized Total Return 23.9%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.17%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Matthews India Fund
  • Fund Family Name Matthews Asia Funds
  • Inception Date Oct 31, 2005
  • Shares Outstanding N/A
  • Share Class Inv
  • Currency USD
  • Domiciled Country United States
  • Manager Sharat Shroff

MINDX - Performance

Return Ranking - Trailing

Period MINDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.7% -13.6% 14.9% 84.62% 4
1 Yr 0.3% -16.3% 37.0% 83.33% 4
3 Yr 23.9% * 0.7% 24.2% 15.38% 1
5 Yr 7.8% * 3.2% 9.8% 27.27% 1
10 Yr 11.8% * 5.1% 11.9% 33.33% 1

* Annualized


Return Ranking - Calendar

Period MINDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.1% -16.4% 2.7% 30.77% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period MINDX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.7% -13.6% 14.9% 73.33% 4
1 Yr 0.3% -16.3% 37.0% 61.11% 3
3 Yr 23.9% * 0.7% 24.2% 15.38% 1
5 Yr 7.8% * 2.7% 9.8% 27.27% 1
10 Yr 11.8% * 5.1% 11.9% 33.33% 1

* Annualized


Total Return Ranking - Calendar

Period MINDX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -0.1% -16.4% 2.7% 30.77% 2
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

MINDX - Holdings

Filings data as of: Mar 31, 2016

Concentration Analysis

MINDX Category Low Category High MINDX % Rank Quintile
Net Assets 1.67 B 40.8 K 1.67 B 5.56% 1
Number of Holdings 50 3 89 22.22% 1
Net Assets in Top 10 628 M 76 628 M 5.56% 1
Weighting of Top 10 44.1% 0.0% 99.6% 22.22% 3

Top 10 Holdings

  1. Shriram City Union Finance Ltd 4.55%
  2. Kotak Mahindra Bank Ltd 4.12%
  3. ITC Ltd 5.18%
  4. Cognizant Technology Solutions Corp A 4.85%
  5. Ajanta Pharma Ltd 4.30%
  6. IndusInd Bank Ltd 5.01%
  7. Taro Pharmaceutical Industries Ltd 4.69%
  8. MindTree Ltd 3.75%
  9. eClerx Services Ltd 4.22%
  10. Emami Ltd 3.48%

Asset Allocation

Weighting Category Low Category High MINDX % Rank Quintile
Stocks
100.00% 0.01% 100.00% 5.56% 1
Other
0.01% 0.00% 97.41% 22.22% 2
Preferred Stocks
0.00% 0.00% 0.00% 5.56% 1
Convertible Bonds
0.00% 0.00% 0.00% 5.56% 1
Cash
0.00% 0.00% 99.99% 50.00% 4
Bonds
0.00% 0.00% 0.00% 5.56% 1

Stock Sector Breakdown

Weighting Category Low Category High MINDX % Rank Quintile
Financial Services
23.81% 0.00% 39.93% 22.22% 2
Consumer Defense
19.76% 0.00% 26.68% 11.11% 2
Technology
19.64% 0.00% 19.64% 5.56% 1
Healthcare
13.83% 0.00% 18.86% 16.67% 1
Industrials
11.71% 0.00% 18.07% 11.11% 1
Consumer Cyclical
7.39% 0.00% 13.05% 27.78% 2
Basic Materials
3.80% 0.00% 19.93% 38.89% 4
Real Estate
0.04% 0.00% 1.81% 16.67% 1
Energy
0.00% 0.00% 5.29% 33.33% 2
Communication Services
0.00% 0.00% 4.39% 27.78% 2
Utilities
0.00% 0.00% 6.28% 22.22% 2

Stock Geographic Breakdown

Weighting Category Low Category High MINDX % Rank Quintile
Non US
95.15% 0.00% 100.00% 22.22% 3
US
4.85% 0.00% 4.85% 5.56% 1

MINDX - Expenses

Operational Fees

MINDX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.11% 0.90% 62.60% 88.89% 1
Management Fee 0.66% 0.66% 1.30% 22.22% 1
12b-1 Fee 0.00% 0.00% 1.00% 45.45% 1
Administrative Fee 0.14% 0.14% 0.15% 22.22% 1

Sales Fees

MINDX Fees (% of AUM) Category Low Category High MINDX Rank Quintile
Front Load N/A 5.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

MINDX Fees (% of AUM) Category Low Category High MINDX Rank Quintile
Max Redemption Fee 2.00% 2.00% 2.00% 9.09% 1

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

MINDX Fees (% of AUM) Category Low Category High MINDX Rank Quintile
Turnover 9.51% 0.00% 82.84% 33.33% 2

MINDX - Distributions

Dividend Yield Analysis

MINDX Category Low Category High MINDX % Rank Quintile
Dividend Yield 0.2% 0.01% 0.21% 40.00% 2

Dividend Distribution Analysis

MINDX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Annually Annually

Dividend Payout History


Net Income Ratio Analysis

MINDX Category Low Category High MINDX % Rank Quintile
Net Income Ratio -0.17% -1.62% 0.84% 27.78% 2

Capital Gain Distribution Analysis

MINDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

MINDX - Managers

Sharat Shroff

Manager

Start Date

Jun 26, 2006

Tenure

10.1

Tenure Rank

3.0%

Sharat Shroff is a Portfolio Manager at Matthews. Prior to joining the firm in 2005 as a Research Analyst, Sharat worked in the San Francisco and Hong Kong offices of Morgan Stanley as an Equity Research Associate. Sharat received a Bachelor of Technology from the Institute of Technology in Varanasi, India and an M.B.A. from the Indian Institute of Management, in Calcutta, India. He is fluent in Hindi and Bengali.


Sunil Asnani

Lead Manager

Start Date

Oct 29, 2010

Tenure

5.76

Tenure Rank

9.1%

Prior to joining the firm in 2008, he was a Senior Associate in the Corporate Finance and Strategy practice for McKinsey & Company in New York. In 2006, Sunil earned his M.B.A from The Wharton School of the University of Pennsylvania. From 1999 to 2004, he served in various capacities, including as Superintendent of Police, for the Indian Police Service in Trivandrum, India. Sunil received a Bachelor of Technology degree from the Indian Institute of Technology in Delhi, India. He is fluent in Sindhi, Hindi and Malayalam.


Tenure Analysis

Category Low

0.4

Category High

10.1

Category Average

4.76

Category Mode

1.6