MATTHEWS INDIA FUND
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.9%
1 yr return
1.4%
3 Yr Avg Return
5.0%
5 Yr Avg Return
6.3%
Net Assets
$827 M
Holdings in Top 10
40.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.14%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MINDX - Profile
Distributions
- YTD Total Return -1.9%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 6.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.38%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMATTHEWS INDIA FUND
-
Fund Family NameMatthews Asia Funds
-
Inception DateOct 31, 2005
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSharat Shroff
MINDX - Performance
Return Ranking - Trailing
Period | MINDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -2.5% | 20.7% | 100.00% |
1 Yr | 1.4% | -1.9% | 24.7% | 100.00% |
3 Yr | 5.0%* | -6.9% | 15.9% | 81.82% |
5 Yr | 6.3%* | -4.4% | 19.3% | 90.91% |
10 Yr | 5.0%* | 0.5% | 11.7% | 84.21% |
* Annualized
Return Ranking - Calendar
Period | MINDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.4% | 8.3% | 34.8% | 40.91% |
2022 | -21.6% | -36.8% | -8.6% | 63.64% |
2021 | 7.2% | 2.1% | 42.6% | 95.45% |
2020 | 12.9% | -0.5% | 17.9% | 77.27% |
2019 | -11.6% | -22.6% | 13.6% | 90.91% |
Total Return Ranking - Trailing
Period | MINDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.9% | -2.5% | 20.7% | 100.00% |
1 Yr | 1.4% | -1.9% | 24.7% | 100.00% |
3 Yr | 5.0%* | -6.9% | 15.9% | 81.82% |
5 Yr | 6.3%* | -4.4% | 19.3% | 90.91% |
10 Yr | 5.0%* | 0.5% | 11.7% | 84.21% |
* Annualized
Total Return Ranking - Calendar
Period | MINDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 23.1% | 8.3% | 36.1% | 31.82% |
2022 | -9.9% | -30.6% | -3.4% | 40.91% |
2021 | 7.2% | 2.1% | 44.5% | 95.45% |
2020 | 16.5% | -0.3% | 19.6% | 45.45% |
2019 | -0.9% | -21.6% | 13.9% | 86.36% |
NAV & Total Return History
MINDX - Holdings
Concentration Analysis
MINDX | Category Low | Category High | MINDX % Rank | |
---|---|---|---|---|
Net Assets | 827 M | 161 M | 10.4 B | 31.82% |
Number of Holdings | 78 | 31 | 500 | 36.36% |
Net Assets in Top 10 | 394 M | 64.1 M | 4.01 B | 36.36% |
Weighting of Top 10 | 40.26% | 10.2% | 66.0% | 72.73% |
Top 10 Holdings
- Reliance Industries Ltd 5.92%
- HDFC Bank Ltd 5.70%
- ICICI Bank Ltd 4.94%
- Shriram Finance Ltd 4.93%
- Infosys Ltd 4.81%
- Neuland Laboratories Ltd 3.41%
- Tata Consultancy Services Ltd 2.96%
- Bharti Airtel Ltd 2.78%
- Zomato Ltd 2.47%
- Federal Bank Ltd 2.33%
Asset Allocation
Weighting | Return Low | Return High | MINDX % Rank | |
---|---|---|---|---|
Stocks | 105.74% | 96.62% | 105.74% | 9.09% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 27.27% |
Other | 0.00% | -0.02% | 0.00% | 27.27% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 22.73% |
Cash | 0.00% | 0.00% | 3.38% | 72.73% |
Bonds | 0.00% | 0.00% | 0.00% | 22.73% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MINDX % Rank | |
---|---|---|---|---|
Financial Services | 35.80% | 0.00% | 37.45% | 13.64% |
Technology | 18.47% | 0.00% | 27.04% | 40.91% |
Consumer Cyclical | 10.04% | 3.70% | 28.06% | 59.09% |
Industrials | 8.84% | 0.00% | 18.03% | 13.64% |
Energy | 7.70% | 0.00% | 19.08% | 54.55% |
Consumer Defense | 7.37% | 0.49% | 71.94% | 54.55% |
Healthcare | 5.70% | 0.00% | 17.46% | 81.82% |
Basic Materials | 4.83% | 0.00% | 33.39% | 95.45% |
Communication Services | 1.26% | 0.00% | 8.19% | 86.36% |
Utilities | 0.00% | 0.00% | 9.15% | 77.27% |
Real Estate | 0.00% | 0.00% | 4.03% | 77.27% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MINDX % Rank | |
---|---|---|---|---|
Non US | 105.13% | 87.85% | 105.42% | 13.64% |
US | 0.60% | 0.00% | 13.50% | 45.45% |
MINDX - Expenses
Operational Fees
MINDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.14% | 0.19% | 2.30% | 50.00% |
Management Fee | 0.68% | 0.19% | 1.25% | 40.91% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 30.00% |
Administrative Fee | N/A | 0.08% | 0.20% | 25.00% |
Sales Fees
MINDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 5.25% | 5.50% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MINDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 62.50% |
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 Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 42.50% | 10.73% | 67.00% | 85.71% |
MINDX - Distributions
Dividend Yield Analysis
MINDX | Category Low | Category High | MINDX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.97% | 0.00% | 5.79% | 22.73% |
Dividend Distribution Analysis
MINDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MINDX | Category Low | Category High | MINDX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.38% | -1.69% | 1.15% | 59.09% |
Capital Gain Distribution Analysis
MINDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 14, 2023 | $0.505 | OrdinaryDividend |
Dec 14, 2023 | $0.305 | CapitalGainLongTerm |
Dec 14, 2022 | $3.380 | OrdinaryDividend |
Dec 16, 2020 | $0.798 | OrdinaryDividend |
Dec 17, 2019 | $2.804 | CapitalGainLongTerm |
Dec 12, 2018 | $4.342 | CapitalGainLongTerm |
Dec 10, 2015 | $0.001 | CapitalGainShortTerm |
Dec 10, 2015 | $0.233 | CapitalGainLongTerm |
Dec 10, 2015 | $0.027 | OrdinaryDividend |
Dec 11, 2014 | $0.145 | CapitalGainLongTerm |
Dec 11, 2014 | $0.046 | OrdinaryDividend |
Dec 12, 2013 | $0.014 | CapitalGainLongTerm |
Dec 12, 2013 | $0.181 | OrdinaryDividend |
Dec 13, 2012 | $0.271 | CapitalGainLongTerm |
Dec 13, 2012 | $0.091 | OrdinaryDividend |
Dec 08, 2011 | $0.067 | OrdinaryDividend |
Dec 09, 2010 | $0.093 | OrdinaryDividend |
Dec 09, 2009 | $0.095 | OrdinaryDividend |
Dec 09, 2009 | $0.122 | CapitalGainLongTerm |
Dec 10, 2008 | $0.032 | CapitalGainShortTerm |
Dec 10, 2008 | $0.661 | CapitalGainLongTerm |
Dec 10, 2008 | $0.105 | OrdinaryDividend |
Dec 06, 2007 | $0.208 | OrdinaryDividend |
Dec 06, 2007 | $0.030 | CapitalGainShortTerm |
Dec 06, 2007 | $0.646 | CapitalGainLongTerm |
MINDX - Fund Manager Analysis
Managers
Sharat Shroff
Start Date
Tenure
Tenure Rank
Jun 26, 2006
15.94
15.9%
Sharat Shroff is a Portfolio Manager at Matthews and manages the firm’s Pacific Tiger Strategy and co-manages the India Strategy. Prior to joining the Matthews 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. Sharat has been a Portfolio Manager of the Matthews Pacific Tiger Fund since 2008 and of the Matthews India Fund since 2006.
Peeyush Mittal
Start Date
Tenure
Tenure Rank
Apr 30, 2018
4.09
4.1%
Peeyush Mittal is a Portfolio Manager at Matthews and co-manages the firm’s India Strategy. Prior to joining the firm in 2015, he spent over three years at Franklin Templeton Asset Management India, most recently as a Senior Research Analyst. Previously, he was with Deutsche Asset & Wealth Management New York, from 2009 to 2011, researching U.S. and European stocks in the industrials and materials sectors. Peeyush began his career in 2003 with Scot Forge as an Industrial Engineer, and was responsible for implementing Lean Manufacturing systems on the production shop floor. Peeyush earned his M.B.A from The University of Chicago Booth School of Business. He received a Master of Science in Industrial Engineering from The Ohio State University and received a Bachelor of Technology in Metallurgical Engineering from The Indian Institute of Technology Madras. He is fluent in Hindi.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.41 | 21.34 | 9.91 | 11.3 |