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Author: pencils2 Big gold star, 5000 posts Feste Award Nominee! Old School Fool CAPS All Star SN Odyssey SN Olympia3 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 23  
Subject: India Fund Date: 2/18/2006 10:14 AM
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India Fund (IFN)

1.5B market cap

Recent share price: $47.00

The India Fund was founded in 1993 and is headquarted in New York.

What they do (From Yahoo! Finance):

India Fund, Inc. operates as a nondiversified closed-end management investment company. It primarily invests in Indian equity securities. The fund's portfolio comprises investments in cement; chemicals; computer hardware, software and programming, and training; consulting services; consumer nondurables; diversified industries; electricity; electronics and electrical equipment; engineering; extractive industries; fertilizers; finance; food; hotels and leisure; household appliances; media; petroleum; pharmaceuticals; retail stores; steel; telecommunications and equipment; textiles; transportation; vehicles and components; construction/building materials; and shipping sectors. Advantage Advisers, Inc. serves as the investment adviser of the fund.

31 Million in cash, No debt.

Dividend: $4.46 (9.10%)

Top Ten Holdings (As of Dec. 31, 2005):

Top Ten Equity Holdings % of Net Assets
----------------------- ---------------
Infosys Technologies 9.1%
Reliance Industries 7.7%
Oil and Natural Gas Corp 6.3%
Bharti Tele-Ventures Ltd 4.7%
Bharat Heavy Electricals 4.5%
Housing Development 4.2%
ITC Limited 3.4%
State Bank of India 3.2%
Tata Motors Ltd. 3.1%
Hindustan Lever Ltd. 2.6%

Top Ten Sector Allocations % of Net Assets
-------------------------- ---------------
Finance 15.6%
Computer Software & Programming 14.3%
Diversified Industries 9.2%
Electronics & Electrical Equipment 8.4%
Vehicles 7.4%
Extractive Industries 6.7%
Engineering 6.0%
Consumer Non-Durables 6.0%
Telecommunications 5.0%
Steel 3.2%

The Bill and Melinda Gates Foundation owns 600,100 shares of IFN, valued at more than $23M.

Latest Earnings Report (Jan. 23, 2006):


India Fund Dividend Announcement:


Fool.com India Fund Discussion Board:


IFN is mentioned in this Fool.com article:

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