The India Fund, Inc. (IFN)
| Market Value | 665.98M |
| Revenue (ttm) | 4.93M |
| Net Income (ttm) | 173.63M |
| Shares Out | 37.50M |
| EPS (ttm) | 4.58 |
| PE Ratio | 3.88 |
| Forward PE | n/a |
| Dividend | $1.96 (11.04%) |
| Ex-Dividend Date | Aug 23, 2024 |
| Volume | 210,498 |
| Open | 17.90 |
| Previous Close | 17.70 |
| Day's Range | 17.60 - 17.92 |
| 52-Week Range | 16.62 - 21.25 |
| Beta | 0.83 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About IFN
The India Fund, Inc. is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio. It benchmarks the performance of its portfolio against the IFC Investable India Index. The India Fund, Inc. was formed on December 27, 1993 and is domi... [Read more]
News
5 Best CEFs This Month For 9.5% Yield (October 2024)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generall...
India Fund: This 10% Yielder Is Still Worth A Look
The abrdn-managed India Fund has undergone some changes. But remains a fund well-equipped to navigate turbulence. Patient investors get paid very well to sit and wait.
5 Best CEFs This Month For 9% Plus Yield (September 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
India Fund: A Most Interesting Large-Cap India Play
Don't be fooled by the India Fund's headline underperformance. The case to own IFN long-term is as compelling as it's ever been. In the meantime, investors get paid very well to sit and wait.
IFN: India Looks Promising, But This May Not Be The Most Ideal CEF
India's ongoing ascendance in the global landscape is supported by a stable political regime, a prudent central bank, a fast-growing economy, and a young and aspirational middle-class. Whilst there ar...
5 Best CEFs This Month For Nearly 9% Yield (July 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
The India Fund Inc. Announces Payment of Distribution
PHILADELPHIA, PA / ACCESSWIRE / July 5, 2024 / The India Fund, Inc. ("IFN") (the "Fund"), today announced that the Fund paid the distribution noted in the table below on July 5, 2024, on a per share b...
CEF Report | May 2024 | Activism Is Heating Up
Taxable bond CEF space value shrinking as discounts tighten. Opportunities exist, especially following activists. Focus on top-down assessment, cheap sectors, and specific funds like Cohen & Steers Se...
IFN: Rights Offering Results
IFN completes its rights offering. A sell and rebuy strategy would have worked once again. IFN is a decent choice for those looking for Indian stock market exposure.
5 Best CEFs This Month For A 10% Yield (May 2024)
For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, ...
The India Fund, Inc. Announces Final Results of Its Rights Offering
PHILADELPHIA, PA / ACCESSWIRE / May 15, 2024 / The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end fund, announced today the successful completion of its transferable rights ("Rights") offering...
The India Fund, Inc. Announces Rights Offering
PHILADELPHIA, PA / ACCESSWIRE / April 8, 2024 / The Board of Directors (the "Board") of The India Fund, Inc. (NYSE:IFN) (the "Fund"), a closed-end fund, has approved the terms of the issuance of trans...
IFN: Avoid The 'Froth', But Buy The Dip
The India Fund has performed well in 2024, with a +36.5% increase from the October '23 low to the March high accompanied by an attractive dividend. Concerns about valuations and "froth" have caused IF...
CORRECTION: abrdn U.S. Closed-End Funds Announce Distribution Payment Details
This release provides an update to the performance tables regarding the IAF Estimated Amounts of Current Distribution per Share and Estimated Amounts of Fiscal Year to Date Cumulative Distributions pe...
The 8% Income Portfolio: 2023 Year-End Review
2023 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions amounting to over 14% yield-on-cost basis and roughly 8.6% on average portfolio value. ...
The India Fund: Still A Compelling Play On The 'GDP Growth Champion'
Investing in the Indian growth story remains as attractive as ever. Unlike most other listed alternatives, the abrdn-managed India Fund offers a unique mix of capital growth and distributions. Alongsi...
India Fund: This Actively Managed Fund Still Offers Lots Of Positives
Indian equities have been on a tear this year. Helped by its distribution policy changes, investors in abrdn's India Fund have outperformed the rest of the Indian large-cap fund complex. With India's ...
IFN: Caution Needed As Indian Stocks Are Now Overvalued
The India Fund is a closed-end fund focused on listed Indian equities with a long-established history and AUMs above $500 million. The fund has seen a solid performance this year, but investors should...
IFN: A Quality Play On The Indian Growth Story
The quality-focused abrdn India Fund portfolio has consistently outperformed through the cycles. Like Indian equities, IFN trades at a premium to the emerging market universe but also offers higher gr...
IFN: Bullish Long-Term Catalysts In India, Sustainable High Yield
India is set to overtake China in population as more appealing economic conditions are conducive to capitalism and growth. I see an upside ahead in IFN on a total return basis, and a price breakout co...
IFN: Bucking The Bearish India Trend In 2023, Ex-Date This Week
India stocks are lower in 2023 as turmoil continues with the Adani Group. The India Fund features a 10% yield and has easily beaten major country index funds.
The 8% Income Portfolio: 2022 Year-End Review
Presenting our 2022 year-end review of our 8% Income Portfolio. This high-income portfolio earned over $29,000 in distributions (including year-end special distributions) amounting to over 14% yield-o...
IFN: India Performing Well, But Go With More Liquid Country ETFs
The India stock market is sharply outperforming the S&P 500 lately. One small closed-end fund, IFN, pays a more than 10% distribution rate but has not proved itself to be a consistent winner over the ...