Comments on: Top Indian Funds: The India Fund (IFN)

By: Aaradhna

Aaradhna — Tue, 18 Nov 2008 10:38:39 +0000

Hi , very nice and interesting post Well money should never be kept idle. It is very important to invest our money in funds where we get good sum of returns. I have invested my savings in the best fund after studying the fund top to bottom. I selected “Select Mid Cap”,investing in midcap stocks that have the potential to become the market leaders of tomorrow. I am very happy with the performance.

Regards,
Aaradhna

By: Max

Max — Wed, 16 May 2007 23:37:43 +0000

First India has to pass over it’s inflation worries…this fund is years off…..there are much better funds if that is what you are interested in.

By: TJP

TJP — Thu, 05 Apr 2007 18:36:00 +0000

India’s economy has slowed down a lot since 2006. The Bank of India raised interest rates to curb inflation, and their economy is projected to grow at only 6 to 8% in 2007. Plus the Bombay stocks as a whole were hit pretty hard in late February.

I don’t think there’s anything wrong with the mutual fund. The problem is that investors haven’t realized its true intrinsic value.

If you bought into the mutual fund, don’t worry about short term sentiments. We all know India is growing rapidly every year, due in large part to its growing business infrastructure. I cannot forsee the future, but I wouldn’t be too worried about India’s growing economy in the long run.

By: john earwood

john earwood — Wed, 04 Apr 2007 21:09:32 +0000

Could someone tell me why the IFN is doing so poorly when it appears India’s economy continues to do so well? thank you

By the results you would think the IFN managers were buying and selling Home Depot stock each day…the fees justify someone who can get move this closed end fund upward.

By: March in Review

March in Review — Sun, 01 Apr 2007 21:13:16 +0000

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By: THE SKILLED INVESTOR Blog

THE SKILLED INVESTOR Blog — Mon, 12 Mar 2007 08:16:16 +0000

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By: TJP

TJP — Thu, 01 Mar 2007 02:17:02 +0000

I agree that nuclear is the future, but that has nothing to do with the growing Indian infrastructure. Neither does the degree of imagination. I believe there is great upside for Indian Tech and Motor stocks because these markets are constantly growing, due to high demand. Whereas Nuclear investing is a raw, undeveloped market.

Another reason why I recommended the fund is because the fund price has bottomed. On the Day I posted this, shares traded at $36. Now, they are at $39. Of course, these gains could be merely short term, but the fund was undervalued before the 02/27/2007 Market fall. Now, it’s bouncing off its 52 low. It’s a bargain fund.

I don’t care about imagination. I care about quality and results.

By: Bob

Bob — Wed, 28 Feb 2007 08:28:20 +0000

We are definitely in favour of a contrarian approach that is why we are investing in the unfashionable uranium sector. The fund above looks dull to us and lacking imagination.

We wish them well but do not see a great upside for Tech or Motor stocks. The refining element may do well in the short term, however the future is clear, it is nuclear.