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WAINX Wasatch Emerging India Investor

  • Fund
  • WAINX
  • Price as of: Dec 12, 2018
  • $4.05
  • + $0.08
  • + 2.02%
  • Category
  • India Equities

WAINX - Profile

Vitals

  • YTD Return -9.4%
  • 3 Yr Annualized Return 13.5%
  • 5 Yr Annualized Return 18.1%
  • Net Assets $231 M
  • Holdings in Top 10 47.1%

52 WEEK LOW AND HIGH

$4.05
$3.59
$4.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.71%

SALES FEES

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

BROKERAGE FEES

  • Turnover 48.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$2,000

IRA

$2,000

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return -9.4%
  • 3 Yr Annualized Total Return 13.5%
  • 5 Yr Annualized Total Return 18.1%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -1.22%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Wasatch Emerging India Fund®
  • Fund Family Name Wasatch
  • Inception Date Apr 26, 2011
  • Shares Outstanding N/A
  • Share Class Other
  • Currency USD
  • Domiciled Country United States
  • Manager Ajay Krishnan

Fund Description

The fund invests primarily in companies tied economically to India. It will invest at least 80% of the fund's net assets (plus borrowings for investment purposes) in the equity securities of companies tied economically to India. The fund may invest a large percentage of its assets in a few sectors, including consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, telecommunication services, and utilities.

WAINX - Performance

Return Ranking - Trailing

Period WAINX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -9.4% -26.4% 0.0% 16.67% 2
1 Yr -3.1% -12.3% 70.2% 38.89% 2
3 Yr 13.5% * -5.5% 13.5% 6.25% 1
5 Yr 18.1% * 9.9% 18.1% 9.09% 1
10 Yr N/A * 11.5% 16.2% N/A N/A

* Annualized


Return Ranking - Calendar

Period WAINX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 49.0% -7.0% 49.0% 5.56% 1
2016 -1.0% -3.0% 28.7% 88.89% 5
2015 2.7% -32.1% 2.7% 6.25% 1
2014 45.3% 33.5% 62.5% 21.43% 1
2013 -1.5% -10.7% -1.5% 9.09% 1

Total Return Ranking - Trailing

Period WAINX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -9.4% -26.4% 0.0% 16.67% 2
1 Yr -3.1% -16.5% 70.2% 38.89% 2
3 Yr 13.5% * -5.5% 13.5% 6.25% 1
5 Yr 18.1% * 9.5% 18.1% 9.09% 1
10 Yr N/A * 11.5% 16.2% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period WAINX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 49.0% -7.0% 49.0% 5.56% 1
2016 -1.0% -3.0% 28.7% 88.89% 5
2015 4.2% -32.1% 4.2% 6.25% 1
2014 46.4% 33.5% 65.9% 28.57% 2
2013 -1.5% -11.0% -1.5% 9.09% 1

NAV & Total Return History

WAINX - Holdings

Filings data as of: Sep 30, 2018

Concentration Analysis

WAINX Category Low Category High WAINX % Rank Quintile
Net Assets 231 M 40.8 K 1.76 B 11.11% 1
Number of Holdings 40 4 89 27.78% 3
Net Assets in Top 10 110 M 76 812 M 11.11% 1
Weighting of Top 10 47.1% 0.0% 98.1% 11.11% 1

Top 10 Holdings

  1. Bajaj Finance Ltd 5.77%
  2. Housing Development Finance Corp Ltd 4.31%
  3. Endurance Technologies Ltd 4.45%
  4. Divi's Laboratories Ltd 4.56%
  5. Amara Raja Batteries Ltd 4.55%
  6. Pidilite Industries Ltd 4.22%
  7. V-Mart Retail Ltd 6.47%
  8. Dr. Lal PathLabs Ltd 4.13%
  9. Icici Lombard General Insura Common Stock Inr10.0 4.97%
  10. HDFC Bank Ltd 3.68%

Asset Allocation

Weighting Category Low Category High WAINX % Rank Quintile
Stocks
96.65% 0.01% 100.00% 16.67% 2
Cash
2.22% 0.00% 99.99% 38.89% 3
Other
1.13% 0.00% 92.28% 11.11% 1
Preferred Stocks
0.00% 0.00% 0.00% 5.56% 1
Convertible Bonds
0.00% 0.00% 0.00% 5.56% 1
Bonds
0.00% 0.00% 0.00% 5.56% 1

Stock Sector Breakdown

Weighting Category Low Category High WAINX % Rank Quintile
Financial Services
24.32% 0.00% 34.59% 22.22% 2
Consumer Cyclical
19.76% 0.00% 19.76% 5.56% 1
Basic Materials
10.60% 0.00% 19.93% 16.67% 2
Industrials
9.65% 0.00% 18.07% 11.11% 1
Healthcare
9.13% 0.00% 14.57% 16.67% 1
Consumer Defense
7.42% 0.00% 17.76% 22.22% 2
Technology
6.04% 0.00% 21.29% 33.33% 4
Energy
2.69% 0.00% 7.36% 22.22% 3
Utilities
0.00% 0.00% 6.28% 22.22% 2
Real Estate
0.00% 0.00% 1.81% 27.78% 2
Communication Services
0.00% 0.00% 4.39% 22.22% 2

Stock Geographic Breakdown

Weighting Category Low Category High WAINX % Rank Quintile
Non US
96.65% 0.00% 100.00% 16.67% 2
US
0.00% 0.00% 4.28% 33.33% 4

WAINX - Expenses

Operational Fees

WAINX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.71% 0.89% 62.60% 72.22% 2
Management Fee 1.25% 0.66% 1.30% 11.11% 3
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.14% 0.15% N/A N/A

Sales Fees

WAINX Fees (% of AUM) Category Low Category High WAINX 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

WAINX Fees (% of AUM) Category Low Category High WAINX 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.

WAINX Fees (% of AUM) Category Low Category High WAINX Rank Quintile
Turnover 48.00% 0.00% 82.84% 11.11% 4

WAINX - Distributions

Dividend Yield Analysis

WAINX Category Low Category High WAINX % Rank Quintile
Dividend Yield 0.0% 0.00% 0.10% 66.67% 3

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

WAINX Category Low Category High WAINX % Rank Quintile
Net Income Ratio -1.22% -1.53% 0.84% 88.89% 5

Capital Gain Distribution Analysis

WAINX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Annually Annually

WAINX - Managers

Ajay Krishnan

Lead Manager

Start Date

Apr 26, 2011

Tenure

7.6

Tenure Rank

14.3%

Mr. Krishnan is the Lead Portfolio Manager for Wasatch Emerging Markets Select and Emerging India portfolios. He is also a Portfolio Manager for Wasatch Global Small Cap portfolios. He was a Portfolio Manager for Wasatch Small Cap Ultra Growth portfolios from 2000 to 2013. In addition, he was a Portfolio Manager for Wasatch World Innovators portfolios from 2000 to 2007. He joined Wasatch Advisors as a Research Analyst in 1994. He was a Research Analyst on Wasatch Small Cap Ultra Growth portfolios prior to becoming a Portfolio Manager.


Matthew Dreith

Manager

Start Date

Jan 31, 2016

Tenure

2.83

Tenure Rank

28.6%

Matthew Dreith, CFA has been an associate portfolio manager. Mr. Dreith joined the Wasatch Advisors, Inc. as a research analyst in 2011. Prior to joining Wasatch, Mr. Dreith worked as an investment analyst at the Time Value of Money L.P. in Austin, Texas as well as American Century Investments in Kansas City, Missouri. Mr. Dreith also completed an investment analyst internship with Alchemy Capital Management in Mumbai, India. Mr. Dreith earned a Master of Business Administration from McCombs School of Business at the University of Texas and a Bachelor of Science in Finance from the University of Colorado Boulder.


Tenure Analysis

Category Low

0.4

Category High

12.4

Category Average

5.58

Category Mode

3.9