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India Avenue
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International shares, Shares

India Avenue Equity Fund

The Fund seeks to provide long-term capital growth to clients by investing in listed shares of companies benefitting from strong economic growth in India.

Risk indicator
–

Higher numbers mean bigger ups and downs in value.

Estimated fund charge
1.5% p.a.

Set by the fund manager. No InvestNow account fees.

Minimum investment
$250

Or $50 per fund with a Regular Investment Plan.

Unit price
–

Buy/sell spread 0.35% / 0.35%.

About this fund

The Fund seeks to provide long-term capital growth to clients by investing in listed shares of companies benefitting from strong economic growth in India. We believe India’s growth creates a vibrant ecosystem for companies to grow their profits from growing consumption, infrastructure, technology and financial needs of a significant (over 1.3 billion people) and youthful (50% aged 26 or below) population. By investing in a diverse portfolio of companies, it is our belief that we can generate outperformance of our passive, market-capitalization weighted benchmark (MSCI India), with less volatility, over rolling 5 year periods.

Before investing, read the Product Disclosure Statement and latest fund update.

Fund facts

Investment manager
India Avenue
Fund type
Managed fund (AUT)
Asset class
International shares, Shares
Management style
Active
Inception date
06/09/2016
Fund size
$157.69M
Distributions
Annually
Regular Investment Plan
Not available
InvestNow KiwiSaver
Not available

Fund performance

Returns are shown after fund fees and before tax. Periods longer than one year are annualised.

Growth of $10,000

A growth chart isn't available for this fund yet.

 
1 month
3 months
1 year
3 years
5 years
10 years
Since inception
India Avenue Equity Fund
-3.49%
-3.87%
-11.40%
0.75%
2.18%
–
–

Past performance is not a guarantee of future returns. Returns exclude buy/sell spreads and transaction fees.

Fees and costs

InvestNow doesn’t charge account or administration fees. The fees below are set by the fund manager and are the same as investing with them directly.

Fee
Amount
What it means
Estimated annual fund charge
1.5% p.a.
Includes management and administration fees, deducted from the fund.
Performance fee
None
This fund doesn’t charge a performance fee.
Buy/sell spread
0.35% / 0.35%
A cost applied when you buy or sell units.
InvestNow account fees
None
No account or administration fees.

Fund documents

Read the Product Disclosure Statement and other fund information before you invest.

Product Disclosure Statement
PDF
Download
India Avenue logo
About the manager

India Avenue

India Avenue offers the India Avenue Equity Fund – H Class (international equities) available to customers on the InvestNow platform.

Learn more about India Avenue, their investment option available to InvestNow customers, and access their latest news and updates below.

View India Avenue
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Ready to invest in India Avenue Equity Fund?

Read the Product Disclosure Statement, then invest from $250, or from $50 per fund with a Regular Investment Plan.