ALPS/Kotak India ESG II (INDSX)
| Fund Assets | 390.22M |
| Expense Ratio | 0.75% |
| Min. Investment | $25,000,000 |
| Turnover | 75.00% |
| Dividend (ttm) | 2.68 |
| Dividend Yield | 14.28% |
| Dividend Growth | 252.49% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 10, 2024 |
| Previous Close | 18.71 |
| YTD Return | 5.78% |
| 1-Year Return | 2.77% |
| 5-Year Return | n/a |
| 52-Week Low | 15.81 |
| 52-Week High | 22.16 |
| Beta (5Y) | n/a |
| Holdings | 39 |
| Inception Date | Dec 19, 2019 |
About INDSX
The ALPS/Kotak India ESG II Fund is an actively managed mutual fund specializing in Indian equities that meet strict environmental, social, and governance (ESG) standards. Its primary objective is to achieve long-term capital appreciation by investing at least 80% of its net assets in equity and equity-linked securities of companies incorporated or operating primarily in India that align with its ESG criteria. The fund is positioned within the India Equity category and reflects a large growth investment style, focusing on sectors such as energy, financial services, technology, and communication services. With a diversified portfolio, the fund typically holds dozens of Indian companies across various industries, aiming to capitalize on India’s economic expansion while prioritizing sustainability. The fund’s strategy may limit exposure to certain industries based on ESG screens, potentially reducing some risks associated with unsustainable practices but also narrowing the investable universe. The ALPS/Kotak India ESG II Fund serves institutional investors seeking targeted access to India’s dynamic markets through an ESG-focused lens, promoting responsible investing alongside growth potential.
Performance
INDSX had a total return of 2.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.33%.
Top 10 Holdings
48.29% of assets| Name | Symbol | Weight |
|---|---|---|
| ICICI Bank Limited | IBN | 7.38% |
| Reliance Industries Limited | RELIANCE | 6.95% |
| HDFC Bank Limited | HDFCBANK | 6.06% |
| Bajaj Finance Limited | BAJFINANCE | 4.45% |
| Bharti Airtel Limited | BHARTIARTL | 4.41% |
| Cognizant Technology Solutions Corporation | CTSH | 4.18% |
| Axis Bank Limited | AXISBANK | 4.17% |
| Tech Mahindra Limited | TECHM | 3.83% |
| InterGlobe Aviation Limited | INDIGO | 3.44% |
| Mahindra & Mahindra Limited | M&M | 3.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 10, 2024 | $2.67961 | Dec 11, 2024 |
| Dec 7, 2023 | $0.76019 | Dec 8, 2023 |
| Dec 8, 2022 | $0.25261 | Dec 9, 2022 |
| Dec 9, 2021 | $1.000 | Dec 10, 2021 |