About MIDNX
Matthews India Fund Institutional Class is a mutual fund that focuses on investing in publicly traded stocks and equity-linked securities of companies located in India. Its core objective is to achieve long-term capital appreciation by targeting businesses that demonstrate strong competitive advantages, sustainable organic growth, and responsive management. The fund employs a fundamental, bottom-up investment strategy, seeking opportunities across all market capitalizations and sectors, with a particular emphasis on companies benefiting from rising domestic consumer demand and those less affected by policy-related risks. Managed by Matthews Asia, an established specialist in Asian investment markets, this fund stands out for its concentrated approach: it commonly holds a relatively small number of positions, leading to significant exposure to its top holdings. The fund's portfolio leans toward growth-oriented firms in sectors such as financial services, technology, energy, and healthcare, reflecting the evolving landscape of India’s economy. Its dedicated, single-country exposure provides investors with targeted access to India’s dynamic equity markets, making it a notable option within the broader India Equity category.
Fund Family Matthews Asia Funds
Category Unclassified
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol MIDNX
Share Class Institutional Class Shares
Index S&P Bombay Stock Exchange 100 Index
MIDNX had a total return of -2.60% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.16%.
