IFN
Price:
$13.95
Market Cap:
$561.97M
The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domiciled in the Singapore.
Industry
Asset Management
IPO Date
1994-02-15
Stock Exchange
NYSE
Ticker
IFN
According to The India Fund, Inc.’s latest financial reports and current stock price. The company's current ROE is -1.08%. This represents a change of -117.32% compared to the average of 6.22% of the last 4 quarters.
The mean historical ROE of The India Fund, Inc. over the last ten years is 6.06%. The current -1.08% ROE has changed -117.78% with respect to the historical average. Over the past ten years (40 quarters), IFN's ROE was at its highest in in the December 2007 quarter at 38.19%. The ROE was at its lowest in in the December 2008 quarter at -79.61%.
Average
6.06%
Median
7.48%
Minimum
-22.27%
Maximum
28.75%
Discovering the peaks and valleys of The India Fund, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 112.71%
Maximum Annual ROE = 28.75%
Minimum Annual Increase = -7635.13%
Minimum Annual ROE = -22.27%
| Year | ROE | Change |
|---|---|---|
| 2024 | 15.00% | -15.88% |
| 2023 | 17.83% | -180.04% |
| 2022 | -22.27% | -241.53% |
| 2021 | 15.74% | 54.69% |
| 2020 | 10.17% | 112.71% |
| 2019 | 4.78% | -185.91% |
| 2018 | -5.57% | -119.36% |
| 2017 | 28.75% | -7635.13% |
| 2016 | -0.38% | -88.99% |
| 2015 | -3.47% | -112.63% |
The current ROE of The India Fund, Inc. (IFN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
3.52%
5-year avg
7.29%
10-year avg
6.06%
The India Fund, Inc.’s ROE is greater than Adams Natural Resources Fund, Inc. (-4.03%), less than Alger Focus Equity Fund (0%), less than BlackRock MuniHoldings New Jersey Quality Fund, Inc. (1.63%), less than BlackRock Debt Strategies Fund, Inc. (14.01%), less than BlackRock MuniHoldings Fund, Inc. (0.74%), less than Diamond Hill All Cap Select Fund (0%), less than Hartford Moderately Aggressive Allocation Fund-A (0%), less than American Beacon International Equity Fund (0%), less than Leuthold Core Investment Fund (17.93%), less than Nuveen Municipal Credit Opportunities Fund (0.94%),
| Company | ROE | Market cap |
|---|---|---|
| -4.03% | $585.90M | |
| 0% | $591.51M | |
| 1.63% | $639.28M | |
| 14.01% | $561.30M | |
| 0.74% | $610.58M | |
| 0% | $579.16M | |
| 0% | $574.61M | |
| 0% | $602.76M | |
| 17.93% | $566.69M | |
| 0.94% | $586.93M |
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How does the current ROE for The India Fund, Inc. (IFN) compare to its historical average?