About INDIX
The ALPS/Kotak India ESG Fund Class I is a mutual fund focused on achieving long-term capital appreciation by investing primarily in equity and equity-linked securities of companies based in India. At least 80% of its net assets are allocated to Indian firms that meet designated environmental, social, and governance (ESG) criteria, making it distinctively oriented toward sustainable and responsible investment practices within one of the world’s fastest-growing economies. The fund’s portfolio typically features large and giant-cap companies across essential sectors, including financial services, energy, technology, consumer cyclical, and communication services. Its holdings include notable names such as ICICI Bank, Reliance Industries, HDFC Bank, and Tech Mahindra. The fund is managed by experienced professionals with deep expertise in Indian equity markets, and it tracks the performance of the MSCI India Index as its benchmark. As an institutional share class, it targets sophisticated investors and plays a significant role for those seeking curated access to India’s equity markets with an emphasis on ESG integration, diversification, and market leadership.
Fund Family ALPS
Category India Equity
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol INDIX
Share Class Class I
Index Index is not available on Lipper Database
INDIX had a total return of -7.22% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.39%.
