Investment Trusts

JPMorgan Indian Investment Trust

JII:LSE

JPMorgan Indian Investment Trust

  • Price (GBX)945.00
  • Today's Change6.00 / 0.64%
  • Shares traded110.87k
  • 1 Year change21.15%
  • Beta0.8920
Data delayed at least 20 minutes, as of Apr 26 2024 17:07 BST.
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Profile data is unavailable for this security.

About the company

JPMorgan Indian Investment Trust plc is a United Kingdom-based investment trust. The investment objective of the Company is to provide capital growth from Indian investments by outperforming the MSCI India Index. It invests in a diversified portfolio of quoted Indian companies and companies that earn a material part of their revenues from India. It will not invest in other countries of the Indian sub-continent including Sri Lanka. It has the ability to use borrowing to gear the portfolio to up to 15% of net assets where appropriate. It does not invest more than 15% of its gross assets in other United Kingdom listed closed-ended investment funds (including investment trusts). It invests in various sectors, including financials, information technology, consumer discretionary, consumer staples, industrials, energy, materials, health care, utilities, communication services, real estate and cash. JPMorgan Funds Limited (JPMF) acts as its alternative investment fund manager.

  • Revenue in GBP (TTM)21.41m
  • Net income in GBP2.96m
  • Incorporated1994
  • Employees0.00
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Profile

Management group(s)JPMorgan Funds Limited
AIC sectorIndia/Indian Subcontinent
ISINGB0003450359
Launch date26 May 1994
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

The objective of the Company is to achieve capital growth from investments in India. It aims to outperform the MSCI India Index (expressed in sterling terms). In order to achieve its objective, the Company invests in a diversified portfolio of equity and equity-related securities of Indian companies and employs a Manager with a strong focus on research and asset of the Company. The Board has sought to manage the risk by imposing various investment limits and restrictions. These limits and restrictions may be varied at any time by the Board at its discretion.

Managed by

Amit Mehta, Sandip Patodia

Management & contract fees

Management fee of 0.75% of NA on the first GBP 300m and 0.6% thereafter. Contract terninable on notice period of 12 months.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
JLEN Environmental Assets Group Ltd20.41m10.42m619.19m0.00619.19m0.00
Blackrock Greater Eurp Invstmnt Trst PLC99.68m91.59m622.18m0.00622.18m0.00
Bluefield Solar Income Fund Ltd932.00k13.14m630.76m0.00630.76m0.00
Schroder Oriental Income Fund Ltd-15.55m-25.91m635.97m0.00635.97m0.00
Baillie Gifford Japan Trust PLC26.92m18.32m641.62m0.00641.62m0.00
GCP Infrastructure Investments Ltd51.71m30.91m644.78m0.00644.78m0.00
SDCL Energy Efficiency Income Trust PLC-94.90m-106.20m650.17m0.00650.17m0.00
Bellevue Healthcare Trust PLC-107.95m-121.04m654.60m0.00654.60m0.00
BlackRock Smaller Companies Trust plc-36.82m-44.14m659.40m0.00659.40m0.00
JPMorgan Indian Investment Trust plc21.41m2.96m670.92m0.00670.92m0.00
Jpmorgan European Discovery Trust PLC40.54m28.24m680.91m0.00680.91m0.00
European Smaller Companies Trust PLC91.68m78.68m688.17m0.00688.17m0.00
Apax Global Alpha Ltd59.90m45.78m696.29m0.00696.29m0.00
VinaCapital Vietnam Opportunity Fund Ltd160.83m128.07m724.56m0.00724.56m0.00
JPMorgan Japanese Investment Trust PLC61.35m52.82m740.05m0.00740.05m0.00
Temple Bar Investment Trust PLC95.11m86.83m743.51m0.00743.51m0.00
Data as of Apr 26 2024. Currency figures normalised to JPMorgan Indian Investment Trust's reporting currency: UK Pound GBX

Institutional shareholders

47.20%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 28 Mar 202415.02m21.07%
Hargreaves Lansdown Asset Management Ltd.as of 01 Mar 20245.42m7.60%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 01 Mar 20243.44m4.83%
Allspring Global Investments LLCas of 01 Mar 20242.51m3.52%
Lazard Asset Management LLCas of 01 Mar 20241.64m2.31%
Rathbones Investment Management Ltd.as of 01 Mar 20241.29m1.81%
Evelyn Partners Investment Management LLPas of 01 Mar 20241.22m1.71%
Wesleyan Assurance Societyas of 01 Mar 20241.10m1.54%
BlackRock Investment Management (UK) Ltd.as of 01 Mar 20241.02m1.44%
West Yorkshire Pension Fundas of 01 Mar 2024988.00k1.39%
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Data from 31 Mar 2023 - 02 Apr 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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