Aberdeen India Fund, Inc.
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ROIC.AI
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- The India Fund, Inc. (NYSE: IFN) is a closed-end fund that seeks long-term capital appreciation through investments primarily in equity securities of Indian companies, including small-cap, mid-cap, and large-cap stocks across various sectors; it employs a bottom-up stock picking and asset allocation strategy supported by quantitative and fundamental analysis, benchmarking performance against the IFC Investable India Index. The fund offers investors exposure to India's public equity markets via its common shares traded on the NYSE, with distributions that may include net investment income, realized gains, and return of capital; its net assets stand at approximately $608 million, supported by around 39.4 million shares outstanding, and it maintains a net expense ratio of 1.08%. Formed on December 27, 1993, the fund is managed by abrdn Asia Limited, with administrative offices at 1900 Market Street, Suite 200, Philadelphia, Pennsylvania, and domiciled in Singapore. In a key recent development, the fund successfully completed a transferable rights offering in May 2024, issuing over 6.2 million shares at $17.75 per share for gross proceeds of about $110 million to bolster its capital base amid ongoing distributions; fiscal 2024 distributions totaled $0.88 per share, fully characterized as return of capital. The fund continues to emphasize Indian equities amid market volatility, with its market distribution rate at 11.93% and NAV distribution rate at 10.98% as of early 2025.
Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
IFN: Rising Crude Pressures Equities While Currency Depreciation Drags On USD Returns
The India Fund, Inc. (IFN) Announces Name Change
Certain Aberdeen Investments U.S. Closed-End Funds Declare Distribution Dates and Amounts
Penserra Capital Management LLC Cuts Stock Position in India Fund, Inc. $IFN
IFN: Indian Stock Market Correction Set To Continue As Headwinds Remain In 2026
Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
India Fund (NYSE:IFN) Shares Pass Below 200 Day Moving Average – What’s Next?
THE INDIA FUND, INC. (IFN) ANNOUNCES A 20% INCREASE TO ITS MANAGED DISTRIBUTION POLICY
ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS
IFN: Still A Buy, But With Caveats
ABERDEEN INVESTMENTS U.S. CLOSED-END FUNDS ANNOUNCE DISTRIBUTION PAYMENT DETAILS
IFN: This Is Likely Not The Time To Buy Into Indian Equities
Aberdeen Investments U.S. Closed-End Funds Announce Distribution Payment Details
The India Fund: Primed For A Rebound
India Fund: Healthy Distributions, But Not Much Else Going For It
Aberdeen U.S. Closed-End Funds Announce Distribution Payment Details
Continue To Prefer IIF Vs. IFN As Challenging Conditions For Indian Stocks Remain
abrdn U.S. Closed-End Funds Announce Distribution Payment Details