Matthews India Fund Institutional Class (MIDNX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
26.30
+0.15 (0.57%)
Jul 7, 2025, 8:06 AM EDT
Fund Assets 746.77M
Expense Ratio 1.10%
Min. Investment $100,000
Turnover 82.99%
Dividend (ttm) 3.84
Dividend Yield 14.61%
Dividend Growth 356.21%
Payout Frequency Annual
Ex-Dividend Date Dec 18, 2024
Previous Close 26.15
YTD Return 1.35%
1-Year Return -2.43%
5-Year Return 105.23%
52-Week Low 22.75
52-Week High 32.99
Beta (5Y) 0.40
Holdings 59
Inception Date Oct 29, 2010

About MIDNX

Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in publicly traded common stocks, preferred stocks and convertible securities of companies located in India. A company or other issuer is considered to be "located" in a country or a region, and a security or instrument is deemed to be an Asian (or specific country) security or instrument, if it has substantial ties to that country or region.

Fund Family Matthews Asia Funds
Category India Equity
Stock Exchange NASDAQ
Ticker Symbol MIDNX
Share Class Institutional Class Shares
Index S&P Bombay Stock Exchange 100 Index

Performance

MIDNX had a total return of -2.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.82%.

Chart

Bar chart with 6 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -2.4299758857354763 to 15.466.
End of interactive chart.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
MINDX Investor Class Shares 1.22%

Top 10 Holdings

47.07% of assets
Name Symbol Weight
HDFC Bank Ltd HDFCB 8.41%
ICICI Bank Ltd ICICIBC 7.01%
Harbor PanAgora Dynamic Large Cap Core ETF INFO 5.12%
Shriram Finance Ltd SHFL 4.77%
Bajaj Finance Ltd BAF 4.72%
Reliance Industries Ltd RELIANCE 3.82%
Bharti Airtel Ltd BHARTI 3.75%
Zomato Ltd ZOMATO 3.40%
Neuland Laboratories Ltd NLL 3.09%
Tata Consultancy Services Ltd TCS 2.98%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Dec 18, 2024 $3.84347 Dec 18, 2024
Dec 14, 2023 $0.84248 Dec 14, 2023
Dec 14, 2022 $3.38034 Dec 14, 2022
Dec 15, 2021 $2.82198 Dec 15, 2021
Dec 16, 2020 $0.17084 Dec 16, 2020
Dec 17, 2019 $2.80398 Dec 17, 2019
Full Dividend History