Investment Trusts

India Capital Growth Fund Ltd

IGC:LSE

India Capital Growth Fund Ltd

  • Price (GBX)183.00
  • Today's Change-1.00 / -0.54%
  • Shares traded238.95k
  • 1 Year change16.19%
  • Beta0.9843
Data delayed at least 15 minutes, as of Oct 04 2024 16:35 BST.
More ▼

Profile data is unavailable for this security.

About the company

India Capital Growth Fund Limited is a closed-ended investment company. The Company’s investment objective is to provide long-term capital appreciation by investing in companies based in India. The investment policy permits the Company to make investments in a range of Indian equity and equity-linked securities and predominantly in listed mid and small cap Indian companies with a smaller proportion in unlisted Indian companies. Investment may also be made in cap listed Indian companies and in companies incorporated outside India which have significant operations or markets in India. The Company has the flexibility to invest in bonds, including non-investment grade bonds, convertibles and other types of securities. The Company invests in various sectors, such as financials, materials, consumer discretionary, consumer staples, industrials, information technology, health care, and communication services. The Company's investment manager is Ocean Dial Asset Management Limited.

  • Revenue in GBP (TTM)313.00k
  • Net income in GBP43.51m
  • Incorporated2005
  • Employees0.00
More ▼

Profile

Management group(s)Ocean Dial Asset Management Limited
AIC sectorIndia/Indian Subcontinent
ISINGB00B0P8RJ60
Launch date22 Dec 2005
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide long term capital appreciation by investing predominantly in listed mid and small cap Indian companies. Investments may also be made in unquoted Indian companies where the Fund Manager believes long-term capital appreciation will be achieved. The Company may hold liquid assets (including cash) pending deployment in suitable investments. It is the Company’s declared policy not to hedge exposure to the Indian Rupee.

Managed by

Gaurav Narain

Management & contract fees

Management fee 1.25% p.a. of the lower of total assets or market capitalisation. The Agreement continues in force until determined by the Investment Manager or the Company giving not less than 12 months notice.

Peer analysis

CompanyRevenue (TTM)Net income (TTM)Market capEmployeesMarket Cap /
Employees
Baillie Gifford China Growth Trust PLC-30.63m-32.98m147.39m0.00147.39m0.00
Puma VCT 13 PLC-5.07m-8.10m148.65m0.00148.65m0.00
CT Global Managed Portfolio Trust PLC13.47m11.79m149.02m--149.02m--
British Smaller Companies VCT2 PLC9.41m5.97m150.86m0.00150.86m0.00
Foresight Enterprise VCT PLC22.05m15.55m152.06m0.00152.06m0.00
abrdn Equity Income Trust PLC3.37m-221.00k152.66m0.00152.66m0.00
Lindsell Train Investment Trust PLC5.99m4.20m153.20m0.00153.20m0.00
Digital 9 Infrastructure PLC-446.59m-463.24m154.00m0.00154.00m0.00
Peel Hunt Ltd85.83m-3.20m154.74m303.00154.74m303.00
Brown Advisory US Smaller Companies PLC6.52m4.60m156.55m0.00156.55m0.00
Mobius Investment Trust PLC21.10m17.31m157.84m0.00157.84m0.00
India Capital Growth Fund Ltd313.00k43.51m158.06m0.00158.06m0.00
Strategic Equity Capital PLC30.26m26.83m159.20m0.00159.20m0.00
Proven Growth and Income VCT PLC14.67m10.73m160.49m0.00160.49m0.00
ProVen VCT plc12.41m8.28m163.91m0.00163.91m0.00
Augmentum Fintech PLC19.28m13.80m168.64m12.00168.64m12.00
Data as of Oct 04 2024. Currency figures normalised to India Capital Growth Fund Ltd's reporting currency: UK Pound GBX
Data Provided by LSEG
All markets data located on InvestorsChronicle.co.uk is subject to the Investors Chronicle Terms & Condition
All content on InvestorsChronicle.co.uk is for your general information and use only and is not intended to address your particular requirements. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by IC and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
Any information that you receive via Investors Chronicle is at best delayed intraday data and not "real time". Share price information may be rounded up/down and therefore not entirely accurate. Investors Chronicle is not responsible for any use of content by you outside its scope as stated in the Investors Chronicle Terms & Condition.