Investment Trusts

abrdn New India Investment Trust plc

ANII:LSE

abrdn New India Investment Trust plc

  • Price (GBX)768.00
  • Today's Change0.00 / 0.00%
  • Shares traded82.61k
  • 1 Year change32.41%
  • Beta0.7398
Data delayed at least 20 minutes, as of Nov 12 2024 16:38 GMT.
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Profile data is unavailable for this security.

About the company

abrdn New India Investment Trust plc is an investment trust. The Company's investment objective is to provide shareholders with long-term capital appreciation by investment in companies, which are incorporated in India, or which derive revenue or profit from India, with dividend yield from the Company being of secondary importance. The Company primarily invests in Indian equity securities. It may also invest in open-ended collective investment schemes and closed-end funds which invest in India and are listed on the Indian stock exchanges. It invests not more than 15% of its gross assets in other listed investment companies. It invests in various sectors, such as financials, information technology, consumer staples, materials, health care, real estate, industrials, utilities, consumer discretionary, communication services and energy. abrdn Asia Limited acts as the investment manager of the Company.

  • Revenue in GBP (TTM)111.31m
  • Net income in GBP91.02m
  • Incorporated1994
  • Employees0.00
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Profile

Management group(s)abrdn Fund Managers Limited
AIC sectorIndia/Indian Subcontinent
ISINGB0006048770
Launch date09 Dec 2004
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The Company aims to provide shareholders with long term capital appreciation by investment in companies which are incorporated in India, or which derive significant revenue or profit from India, with dividend yield from the Company being of secondary importance. The Company primarily invests in Indian equity securities.

Managed by

James Thom, Pruksa Iamthongthong, Rita Tahilramani

Management & contract fees

Management fee of 0.80% p.a. of the NAV, up to GBP 300m, and 0.60% above GBP 300m. Agreement terminable on notice period of 6 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Nippon Active Value Fund PLC65.77m59.10m344.24m0.00344.24m0.00
Invesco Bond Income Plus Ltd42.04m37.12m347.33m0.00347.33m0.00
Fidelity Asian Values PLC23.04m11.66m352.48m0.00352.48m0.00
Abrdn UK Smlr Cmpn Grth Trst PLC62.32m56.53m364.54m0.00364.54m0.00
Pensionbee Group PLC28.32m-5.17m365.88m202.00365.88m202.00
Sherborne Investors (Guernsey) C Ltd-113.51m-116.46m372.75m0.00372.75m0.00
Henderson Far East Income Limited48.43m39.33m378.52m0.00378.52m0.00
Mid Wynd International Invest Trust PLC54.84m52.07m379.09m0.00379.09m0.00
abrdn New India Investment Trust PLC111.31m91.02m381.62m0.00381.62m0.00
Dunedin Income Growth Investmnt Trst PLC44.27m39.13m382.46m0.00382.46m0.00
JPmorgn Glbl Emrgng Mrkts Incm Trust PLC34.78m25.43m390.43m0.00390.43m0.00
Utilico Emerging Markets Trust PLC70.53m57.89m393.79m0.00393.79m0.00
Mortgage Advice Bureau (Holdings) PLC245.92m10.74m394.11m1.00k394.11m1.00k
JPmorgan Claverhouse Investment Trst PLC64.45m59.70m394.53m0.00394.53m0.00
RTW Biotech Opportunities Ltd4.05m107.10m405.57m0.00405.57m0.00
Octopus Apollo VCT PLC5.51m-4.95m419.92m0.00419.92m0.00
Data as of Nov 12 2024. Currency figures normalised to abrdn New India Investment Trust plc's reporting currency: UK Pound GBX

Institutional shareholders

67.29%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 23 May 20247.23m14.37%
Lazard Asset Management LLCas of 31 Mar 20246.98m13.86%
Interactive Investor Services Ltd.as of 31 Mar 20245.55m11.04%
Abrdn Asia Ltd.as of 19 Jul 20244.88m9.69%
Allspring Global Investments LLCas of 09 Oct 20242.47m4.90%
1607 Capital Partners LLCas of 31 Mar 20242.14m4.25%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Oct 20241.90m3.78%
Hargreaves Lansdown Asset Management Ltd.as of 01 Oct 20241.53m3.03%
Thornbridge Investment Management LLPas of 31 Dec 2023649.97k1.29%
Legal & General Investment Management Ltd.as of 01 Oct 2024546.00k1.09%
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Data from 30 Apr 2024 - 01 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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