Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

INDIX ALPS/Kotak India Growth I

  • Fund
  • INDIX
  • Price as of: Aug 16, 2019
  • $12.26 + $0.08 + 0.66%
  • Category
  • Emerging Markets Equities

INDIX - Profile

Vitals

  • YTD Return -2.2%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return -0.2%
  • Net Assets $28.1 M
  • Holdings in Top 10 38.5%

52 WEEK LOW AND HIGH

$12.26
$11.76
$14.46

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.48%

SALES FEES

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

BROKERAGE FEES

  • Turnover 24.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$100,000

IRA

N/A

Investment Themes

CATEGORY

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

Distributions

  • YTD Total Return -2.2%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return 2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.57%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name ALPS/Kotak India Growth
  • Fund Family Name ALPS
  • Inception Date Feb 14, 2011
  • Shares Outstanding 1628673
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Nitin Jain

Fund Description

The fund will invest at least 80% of its net assets, plus any borrowings for investment purposes, in equity and equity-linked securities of "Indian companies." The fund may invest in the equity securities of Indian companies by investing in shares of a wholly owned, collective investment vehicle (the "Portfolio"), registered with and regulated by the Mauritius Financial Services Commission. Investment by the Portfolio is a tax efficient method of investing in Indian companies.

INDIX - Performance

Return Ranking - Trailing

Period INDIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% 0.0% 26.5% 96.83%
1 Yr -14.6% -28.4% 9.3% 96.43%
3 Yr 0.5%* -9.0% 13.8% 81.21%
5 Yr -0.2%* -19.9% 23.8% 34.02%
10 Yr N/A* -8.7% 13.1% N/A

* Annualized


Return Ranking - Calendar

Period INDIX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.6% -41.9% 0.0% 41.43%
2017 36.3% 1.8% 49.7% 38.68%
2016 3.0% -23.2% 241.4% 73.98%
2015 -15.9% -47.4% -0.6% 59.43%
2014 42.6% -46.3% 42.6% 0.23%

Total Return Ranking - Trailing

Period INDIX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.2% 0.0% 26.5% 96.83%
1 Yr -14.6% -28.4% 9.3% 97.02%
3 Yr 1.9%* -5.2% 15.1% 68.89%
5 Yr 2.3%* -19.9% 27.7% 12.70%
10 Yr N/A* -8.7% 17.9% N/A

* Annualized


Total Return Ranking - Calendar

Period INDIX Return Category Return Low Category Return High Rank in Category (%)
2018 -17.6% -41.9% 0.0% 46.81%
2017 40.2% 1.8% 50.4% 25.05%
2016 4.4% -10.0% 249.7% 71.72%
2015 -12.2% -33.4% 1.2% 35.66%
2014 48.2% -46.2% 48.2% 0.23%

NAV & Total Return History

INDIX - Holdings

Concentration Analysis

INDIX Category Low Category High INDIX % Rank
Net Assets 28.1 M 5.43 M 87.8 B 92.86%
Number of Holdings 63 2 5006 82.94%
Net Assets in Top 10 10.8 M -206 M 15.7 B 90.87%
Weighting of Top 10 38.48% 3.9% 421.7% 20.63%

Top 10 Holdings

  1. HDFC Bank Ltd ADR 5.31%

  2. Housing Development Finance Corp Ltd 4.77%

  3. Infosys Ltd ADR 4.31%

  4. ICICI Bank Ltd ADR 4.05%

  5. ITC Ltd 3.65%

  6. Reliance Industries Ltd 3.62%

  7. Axis Bank Ltd 3.54%

  8. Tata Consultancy Services Ltd 3.30%

  9. HDFC Bank Ltd 3.14%

  10. Larsen & Toubro Limited 2.79%


Asset Allocation

Weighting Return Low Return High INDIX % Rank
Stocks
92.95% 0.00% 102.58% 86.51%
Cash
7.05% -3.68% 54.06% 7.54%
Preferred Stocks
0.00% 0.00% 2.93% 78.17%
Other
0.00% -1.44% 15.46% 79.56%
Convertible Bonds
0.00% 0.00% 19.06% 74.60%
Bonds
0.00% -72.20% 94.13% 76.98%

Stock Sector Breakdown

Weighting Return Low Return High INDIX % Rank
Financial Services
33.97% 0.00% 51.75% 7.36%
Technology
12.82% 0.00% 43.17% 85.49%
Basic Materials
9.59% 0.00% 15.85% 12.92%
Consumer Cyclical
8.38% 0.00% 33.57% 80.72%
Industrials
7.37% 0.00% 17.60% 33.60%
Energy
7.06% 0.00% 25.34% 30.42%
Consumer Defense
6.23% 0.00% 44.58% 75.55%
Healthcare
4.09% 0.00% 13.32% 30.22%
Real Estate
1.82% 0.00% 11.64% 61.23%
Utilities
0.00% 0.00% 51.35% 92.05%
Communication Services
0.00% 0.00% 18.15% 96.42%

Stock Geographic Breakdown

Weighting Return Low Return High INDIX % Rank
Non US
91.32% 0.00% 103.67% 84.72%
US
1.63% -2.10% 99.98% 28.57%

INDIX - Expenses

Operational Fees

INDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.48% 0.05% 13.96% 8.53%
Management Fee 1.25% 0.00% 2.00% 94.64%
12b-1 Fee 0.00% 0.00% 1.00% 14.09%
Administrative Fee N/A 0.00% 0.85% N/A

Sales Fees

INDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.40% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

INDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.40% 2.00% 47.88%

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.

INDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.00% 2.00% 307.00% 22.82%

INDIX - Distributions

Dividend Yield Analysis

INDIX Category Low Category High INDIX % Rank
Dividend Yield 0.00% 0.00% 0.19% 95.83%

Dividend Distribution Analysis

INDIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

INDIX Category Low Category High INDIX % Rank
Net Income Ratio -0.57% -1.57% 5.89% 97.42%

Capital Gain Distribution Analysis

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

INDIX - Managers

Nitin Jain

Manager

Start Date

Tenure

Tenure Rank

Feb 14, 2011

8.46

8.5%

Mr. Jain received his B.E. in Mechanical Engineering and an M.M.S. from Mumbai University and CFA®.


Tenure Analysis

Category Low

0.0

Category High

25.57

Category Average

6.26

Category Mode

5.41