In the Media
Portfolio Adviser: What should investors expect ahead of India’s marathon election?
India’s marathon election has a voting period that takes place over six weeks, which started on 19th April 2024. Gaurav Narain, portfolio adviser of the India Capital Growth Fund says: “The Modi-led BJP is expected to win. The main question is how strong would the mandate be? In the previous election in 2019, the BJP won 303 of 543 seats. Their target in this election is 370 seats.
FT Advisor: What can change the outlook for emerging markets?
A combination of factors have resulted in sentiment towards emerging market assets being extremely weak, but a number of fundamental factors may be changing that, according to Emily Whiting, executive director at JPMorgan Asset Management. In contrast to pessimism around China, Whiting says investors are now particularly keen on India.
Gaurav Narain, who runs the India Capital Growth investment trust, offers his thoughts.
Wealth Briefing: Five Top Tips for Investors Ahead of Indian Elections
Voting begins on April 19th and is set to continue until June 1st. Wealth Briefing, along with Gaurav Narain, portfolio advisor of the India Capital Growth Fund and co-head of equities at Ocean Dial Asset Management, has highlighted this week that Indian prime minister Narendra Modi is a firm favourite to win, with two successful terms under his belt.
Proactive Investors: As India overtakes China as most populous country, how can you invest and is it attractive?
India is taking over from China as the most populous country in the world in the next few months, as confirmed by the UN Population Fund’s World Population Dashboard. As well as overtaking its neighbours over the Himalayas, the subcontinent has also improved as a place to invest. Oliver Hail investigates.
Funds Global Asia: India ETFs – On a long-term elevated plane?
Unruffled by worldly turmoil, India’s stock market continues to grow. Piyasi Mitra considers ETFs that offer access for European investors.
The Times: How to invest like a prime minister
David Brenchley discusses how to invest like a prime minister. Retail Investors can look at firms like India Capital Growth which has “about 22 percent of it’s portfolio invested in small India companies”
WealthBriefing: Why Investors Cannot Ignore India’s Promise
David Cornell, CIO at Ocean Dial Asset Management, discusses with WealthBriefing why India is a top place in which to invest and why he is optimistic about prospects for firms in the country.
QD View: Delhi’s dilemma – navigating the region’s geopolitics
In this recent article for Quoted Data, Matthew Read discusses how although India inevitably has its challenges, it is one of the world’s largest and most dynamic emerging markets.
FundTruffle – International investors’ retreat from India less of a problem
David Stevenson examines how India is fast becoming the emerging market of choice for many investors, even compared to China where the power of a rising middle class population helped propel the country into an economic super power.
Investment Week – Hair-raising territory: is ESG investment across emerging markets like walking a tightrope?
With ESG investing gaining momentum, Investment Week explores the approach of fund managers across emerging markets, speaking with ICGF’s David Cornell for a view on how this is playing out in India.
Daily Mail – Stocks to Watch
The Mail on Sunday features the India Capital Growth Fund in its ‘Stocks to Watch’ column.
Quoted Data – Indian funds take stock
Quoted Data summarise a recent call with Tridib Pathak, co-Head of Equities at Ocean Dial, as the Covid situation in India continues to rapidly evolve.
This is Money – Should you invest in the BRICS today?
This is Money looks back on the last decade at how the BRICS nations have fared and their prospects now. David Cornell offers his thoughts on India’s progress and current outlook for investors.
MoneyWeek – Three bargain stocks from India’s mid-cap market
David Cornell shares some of his top stock picks from India’s small and mid-cap market.
Morningstar – India Capital Growth Fund
Morningstar reports on the news of India Capital Growth Fund’s continuation vote at an EGM on 12 June, and its 11% rise in share price on the day of the announcement.
The Daily Mail – Trust Watch: India Capital Growth Fund
In The Daily Mail’s Trust Watch, Charles Armstrong, Portfolio Director at Cazenove Capital, offers his views on India Capital Growth Fund and the type of manager he looks for to tap into India’s growth story.
Morningstar – India Managers Focus on Consumer Story
Whilst a slowdown in India has dampened investor enthusiasm for the country, value investors are looking for opportunities. David Cornell speaks to Morningstar regarding his top stock picks and what he will be avoiding.
Investor’s Champion – More than Money: Ocean Dial Asset Management
In this podcast, David Cornell speaks to Investor’s Champion to discuss the India investment case and explain the best way for investors to make money in this exciting market.