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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MATTHEWS INDIA FUND

MINDX | Fund

$27.40

$827 M

1.85%

$0.51

1.15%

Vitals

YTD Return

3.9%

1 yr return

33.3%

3 Yr Avg Return

5.9%

5 Yr Avg Return

6.1%

Net Assets

$827 M

Holdings in Top 10

40.9%

52 WEEK LOW AND HIGH

$27.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.15%

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 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

MATTHEWS INDIA FUND

MINDX | Fund

$27.40

$827 M

1.85%

$0.51

1.15%

MINDX - Profile

Distributions

  • YTD Total Return 3.9%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.38%
DIVIDENDS
  • Dividend Yield 1.9%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    MATTHEWS INDIA FUND
  • Fund Family Name
    Matthews Asia Funds
  • Inception Date
    Oct 31, 2005
  • Shares Outstanding
    N/A
  • Share Class
    Investor
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Sharat Shroff

MINDX - Performance

Return Ranking - Trailing

Period MINDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -3.5% 7.7% 54.55%
1 Yr 33.3% 15.5% 51.0% 54.55%
3 Yr 5.9%* -8.9% 13.6% 90.91%
5 Yr 6.1%* -5.0% 12.8% 86.36%
10 Yr 9.2%* 1.9% 13.2% 63.16%

* 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 3.9% -3.5% 7.7% 54.55%
1 Yr 33.3% 15.5% 51.0% 54.55%
3 Yr 5.9%* -8.9% 13.6% 90.91%
5 Yr 6.1%* -5.0% 12.8% 86.36%
10 Yr 9.2%* 1.9% 13.2% 63.16%

* 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 131 M 8.72 B 27.27%
Number of Holdings 70 30 480 31.82%
Net Assets in Top 10 312 M 21.4 M 2.53 B 27.27%
Weighting of Top 10 40.91% 10.5% 63.7% 68.18%

Top 10 Holdings

  1. HDFC Bank Ltd 6.00%
  2. Shriram Finance Ltd 5.47%
  3. Reliance Industries Ltd 5.31%
  4. ICICI Bank Ltd 4.94%
  5. Infosys Ltd 3.88%
  6. Neuland Laboratories Ltd 3.75%
  7. IndusInd Bank Ltd 3.21%
  8. Axis Bank Ltd 3.13%
  9. Tata Consultancy Services Ltd 2.99%
  10. Bharat Heavy Electricals Ltd 2.23%

Asset Allocation

Weighting Return Low Return High MINDX % Rank
Stocks
103.38% 94.84% 104.61% 9.09%
Bonds
0.00% 0.00% 0.00% 4.55%
Preferred Stocks
0.00% 0.00% 0.00% 27.27%
Other
0.00% 0.00% 0.02% 36.36%
Convertible Bonds
0.00% 0.00% 0.00% 22.73%
Cash
0.00% 0.00% 5.16% 63.64%

MINDX - Expenses

Operational Fees

MINDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.15% 0.19% 2.29% 50.00%
Management Fee 0.67% 0.19% 1.25% 36.36%
12b-1 Fee 0.00% 0.00% 1.00% 10.00%
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% 78.57%

MINDX - Distributions

Dividend Yield Analysis

MINDX Category Low Category High MINDX % Rank
Dividend Yield 1.85% 0.00% 6.03% 22.73%

Dividend Distribution Analysis

MINDX Category Low Category High Category Mod
Dividend Distribution Frequency None 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

View More +

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