The India Fund, Inc. (IFN)

NYSE: IFN · Real-Time Price · USD
18.72
0.00 (0.00%)
Oct 11, 2024, 4:00 PM EDT - Market closed
0.00%
Market Value 701.98M
Revenue (ttm) 4.93M
Net Income (ttm) 173.63M
Shares Out 37.50M
EPS (ttm) 4.58
PE Ratio 4.09
Forward PE n/a
Dividend $1.96 (10.47%)
Ex-Dividend Date Aug 23, 2024
Volume 65,519
Open 18.67
Previous Close 18.72
Day's Range 18.67 - 18.76
52-Week Range 15.56 - 21.25
Beta 0.82
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]

Sector Financials
Founded 1993
Country Singapore
Stock Exchange NYSE
Ticker Symbol IFN
Full Company Profile

News

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, ...

Other symbols: ADXBANXCOPCSQCVXEOGEOI
14 days ago - Seeking Alpha

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.

2 months ago - Seeking Alpha

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...

2 months ago - Seeking Alpha

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, ...

2 months ago - Seeking Alpha

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...

3 months ago - Accesswire

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...

4 months ago - Seeking Alpha

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.

4 months ago - Seeking Alpha

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, ...

5 months ago - Seeking Alpha

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...

5 months ago - Accesswire

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...

6 months ago - Accesswire

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...

7 months ago - Seeking Alpha

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...

Other symbols: ACPAGDAODASGIAWPFAXFCO
8 months ago - Accesswire

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. ...

9 months ago - Seeking Alpha

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...

9 months ago - Seeking Alpha

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 ...

11 months ago - Seeking Alpha

Income Portfolio - 38 CEFs Worth Exploring

Income Portfolio - 38 CEFs Worth Exploring

Other symbols: ADXBMEBSTBSTZBUICEMCET
1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

Why I Still Like Emerging Markets

Periods of global instability create intriguing possibilities in emerging markets. Here are a few.

Other symbols: EEMEMXCEPOLILFMXF
1 year ago - Kiplinger

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...

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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.

1 year ago - Seeking Alpha

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...

1 year ago - Seeking Alpha

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 ...

2 years ago - Seeking Alpha

India Fund: Market Slowly Realizing The True Potential Of India Focused CEFs

During the past 3 months, IFN recorded almost 10 percent price growth, whereas growth was substantially negative prior to that. IFN was launched 28 years back, and generates a steady pay-out, with con...

2 years ago - Seeking Alpha

India Fund: Double-Digit Yield, Growth Prospects Of Indian Economy Make It Attractive

The Indian economy is set to become the fastest growing major economy in the world. Despite consistent negative price performance, IFN has delivered substantial positive total return in the medium and...

2 years ago - Seeking Alpha