The India Fund, Inc. (NYSE: IFN) is a closed-end management investment company incorporated in Maryland. It seeks to provide shareholders with long-term growth of capital, as well as current income. The fund trades on the New York Stock Exchange and offers investors access to equity markets in India through a diversified portfolio of Indian companies.
IFN invests primarily in equity securities of companies organized or domiciled in India, including common stocks, depositary receipts and other equity-related instruments. Its portfolio spans large-cap and mid-cap stocks, with a focus on sectors such as financials, consumer discretionary, information technology, energy and healthcare. The fund may employ currency hedging strategies to manage exposure to fluctuations between the Indian rupee and the U.S. dollar.
Since its inception in 1992, The India Fund has been managed by Morgan Stanley Investment Management’s Asia Pacific Equity Team, which oversees security selection, portfolio construction and risk management. A board of directors, composed of independent members, provides governance and oversight of the fund’s operations and adherence to its investment objectives.
The India Fund serves investors seeking targeted exposure to one of the world’s fastest-growing economies. By combining active management with regular income distributions, IFN aims to capture the potential upside of Indian equity markets while mitigating currency and market volatility through disciplined portfolio diversification.
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