In the Media
CityWire: India Capital Growth dropped in March as regulator struck
India Capital Growth has explained that the Indian regulator’s recent steps to curb surging domestic inflows to the small and mid-cap space has not hurt the prospects of its holdings but knocked the shares from a premium to a discount.
MoneyWeek : The top investment funds to invest in
Investors have favoured passive strategies as the end of the tax year approaches, while AI stocks continue to be a top pick. We look at the top funds, trusts and stocks backed by investors during March.
“…Investors have taken to India as India Capital Growth remains in the top 10. “India’s stock market has been a strong performer over the past couple of years, with one positive driver being strong economic growth,” says Kyle Caldwell, collectives specialist at interactive investor.
Investors Chronicle: What India’s rise means for EM investors
The fact that different markets can wax and wane in popularity has become especially apparent for those invested in Asian equities over recent years. India is on the rise and investing in China has proved complicated, to say the least. That’s clear enough from the numbers: the MSCI China index is down to the tune of nearly 45 per cent over three years in terms of sterling total return, with MSCI India up by almost 60 per cent.
Portfolio Adviser: India Capital Growth benefits from financials overweight
India Capital Growth’s overweight positioning to financials was a key driver of a positive year which saw it’s net asset value (NAV) increase 3.9% over the course of 2022
Citywire Investment Trust Insider: India Stack – The secret of India’s tech-led growth
India Capital Growth fund manager Gaurav Narain explains the startling impact of the digitisation of India’s economy which sees the country account for 40% of global payment transactions.
QuotedData: India Capital Growth benefits from financials overweight
Matthew Read for Quoted Data discusses how ICG’s NAV outperformed the BSE Midcap TR Index, and how the NV of the portfolio rose by 4.3% outperforming emerging markets as a whole which fell 13% during the year.
Investors’ Chronicle – Shares I Love: Welspun India
In Investors’ Chronicle, David Cornell, manager of India Capital Growth Fund (IGC), explains why he invests in Welspun India , the largest home textile company in that country.
WealthBriefing – India-focused fund’s manager strikes optimistic tone
Speaking with WealthBriefing, Gaurav Narain discusses India’s growth prospects and how he is positioning the India Capital Growth Fund portfolio to capitalise on economic recovery.
UK Investor Magazine – Virtual Conference
David Cornell and Gaurav Narain present on the India Capital Growth Fund at UK Investor Magazine’s virtual conference, discussing the Fund’s recent performance, the impact of Covid in India and the Government’s big push for growth.
Portfolio Advisor – The bulls in China’s shop: the Asian economies taking a slice out of China
Portfolio Advisor explores the rally amongst Asian economies beyond China, and touches upon India’s superior growth prospects for the years ahead.
FE Trustnet – My trust will be up 40% if holdings return to fair value, says Ocean Dial’s Cornell
As Indian mid and small cap equities near 15 year lows, David Cornell speaks to FE Trustnet about the potential upside for India Capital Growth Fund.
TheWealthNet – Board pledges ‘significant action’ to save flagging India fund
TheWealthNet picks up on the news of the board’s proposals for the future of India Capital Growth Fund.
CityWire – India Capital Growth jumps 11% as ‘make or break’ vote called
CityWire outlines the details of India Capital Growth Fund’s upcoming continuation vote and the board’s proposals for the company’s future.
Shares Magazine – India-focused investment funds rally on economic stimulus plan
Following the announcement of corporate tax rate cuts in India, David Cornell offers his thoughts on the matter and how both the country and India Capital Growth Fund can benefit from this reduction.
Investment Week – How important is India’s economy to global investors?
How important is India’s economy for global investors? Writing for Investment Week, David Cornell makes a case for the world’s fastest growing large economy.
Citywire – India Capital Growth: how trade wars help our cause
In this short video, Gaurav Narain, Fund Adviser for ICGF, talks to Citywire’s Investment Trust Insider, touching on the outlook for India in the midst of the US-China trade war, and the country’s key growth drivers.