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WAINX Wasatch Emerging India Investor

  • Fund
  • WAINX
  • Price as of: Aug 19, 2019
  • $3.90 - $0.02 - 0.51%
  • Category
  • India Equities

WAINX - Profile

Vitals

  • YTD Return -1.3%
  • 3 Yr Annualized Return 5.6%
  • 5 Yr Annualized Return 8.2%
  • Net Assets $267 M
  • Holdings in Top 10 48.3%

52 WEEK LOW AND HIGH

$3.90
$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 -1.3%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 8.2%
  • 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 Inv
  • 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 communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, information technology, materials, real estate, and utilities.

WAINX - Performance

Return Ranking - Trailing

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -1.1% 7.1% 9.09%
1 Yr -14.3% -20.8% -1.7% 36.36%
3 Yr 5.6%* -1.8% 9.9% 9.09%
5 Yr 8.2%* 1.7% 10.6% 9.09%
10 Yr N/A* 5.4% 7.7% N/A

* Annualized


Return Ranking - Calendar

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.6% -23.3% -11.6% 9.09%
2017 49.0% 31.0% 49.0% 9.09%
2016 -1.0% -3.0% 2.8% 81.82%
2015 2.7% -16.4% 2.7% 9.09%
2014 45.3% 36.1% 62.5% 27.27%

Total Return Ranking - Trailing

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.3% -1.1% 7.1% 9.09%
1 Yr -14.3% -6.9% -1.7% 36.36%
3 Yr 5.6%* 3.2% 9.9% 9.09%
5 Yr 8.2%* 4.5% 10.6% 9.09%
10 Yr N/A* 6.0% 10.2% N/A

* Annualized


Total Return Ranking - Calendar

Period WAINX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.6% -19.2% -9.6% 27.27%
2017 49.0% 33.8% 49.0% 9.09%
2016 -1.0% -3.0% 4.2% 81.82%
2015 2.7% -5.7% 2.7% 9.09%
2014 45.3% 38.3% 63.8% 36.36%

NAV & Total Return History

WAINX - Holdings

Concentration Analysis

WAINX Category Low Category High WAINX % Rank
Net Assets 267 M 29.1 M 1.48 B 27.27%
Number of Holdings 38 4 66 72.73%
Net Assets in Top 10 138 M 10.8 M 722 M 27.27%
Weighting of Top 10 48.33% 39.4% 99.1% 72.73%

Top 10 Holdings

  1. Bajaj Finance Ltd 8.93%

  2. Icici Lombard General Insura Common Stock Inr10.0 5.59%

  3. HDFC Bank Ltd 5.51%

  4. AU Small Finance Bank Ltd 4.34%

  5. Aavas Financiers Ltd Common Stock Inr10.0 4.26%

  6. Housing Development Finance Corp Ltd 4.07%

  7. Vmart Retail Ltd Common Stock Inr10.0 4.02%

  8. Dr. Lal PathLabs Ltd 3.91%

  9. Pidilite Industries Ltd 3.84%

  10. Divi's Laboratories Ltd 3.84%


Asset Allocation

Weighting Return Low Return High WAINX % Rank
Stocks
98.25% 4.70% 99.03% 27.27%
Cash
1.75% 0.91% 5.57% 54.55%
Preferred Stocks
0.00% 0.00% 0.00% 100.00%
Other
0.00% 0.00% 94.39% 100.00%
Convertible Bonds
0.00% 0.00% 0.00% 100.00%
Bonds
0.00% 0.00% 0.00% 100.00%

WAINX - Expenses

Operational Fees

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.71% 0.90% 2.81% 63.64%
Management Fee 1.25% 0.66% 1.30% 72.73%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.14% 0.15% N/A

Sales Fees

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

WAINX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 100.00%

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 Return Low Category Return High Rank in Category (%)
Turnover 48.00% 20.87% 48.00% 100.00%

WAINX - Distributions

Dividend Yield Analysis

WAINX Category Low Category High WAINX % Rank
Dividend Yield 0.00% 0.00% 0.01% 100.00%

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
Net Income Ratio -1.22% -1.42% 0.02% 90.91%

Capital Gain Distribution Analysis

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

WAINX - Managers

Ajay Krishnan

Manager

Start Date

Tenure

Tenure Rank

Apr 26, 2011

8.27

8.3%

Mr. Krishnan 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. He holds a Master of Business Administration from Utah State University and a Bachelor of Science in Physics with a minor in Mathematics from Bombay University.


Matthew Dreith

Manager

Start Date

Tenure

Tenure Rank

Jan 31, 2016

3.5

3.5%

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

1.17

Category High

13.02

Category Average

6.78

Category Mode

2.15