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    ALPS|Kotak India Growth A (INDAX)

    12.22 Down 0.01(0.08%) Nov 25

    Profile as of Oct 30, 2015Get Profile for:
    ALPS|Kotak India Growth A
    Phone: 866-759-5679
    Fund Overview 
    Category:India Equity
    Fund Family:ALPS
    Net Assets:16.45M
    Year-to-Date Return:-1.26%
    Morningstar Rating:3 stars
    Fund Inception Date:Feb 14, 2011
    Morningstar Style Box 
    India Equity
    [View Category Definition]
    View Top India Equity Funds
    About the Morningstar Style Box
    Management Information 
    Nitin Jain
    Lead Manager since Feb 14, 2011
    Mr. Jain has served as a portfolio manager since the Fund’s inception and as the Principal Fund Manager of Kotak’s Long-Only Equities Fund Management from November 2006 to present. Mr. Jain was formerly employed a Fund Manager with Kotak Mahindra Asset Management Company from December 2005 to November 2006. Prior to this, he was associated with SBI Mutual Fund as a Fund Manager from 2004 to March 2005. Mr. Jain received his B.E. in Mechanical Engineering and an M.M.S. from Mumbai University and CFA®.
    Investment Information 
    Min Initial Investment:2,500
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    INDAX can be purchased from 33 brokerages.

    Fund Summary 
    The investment seeks to achieve long-term capital appreciation. The fund will invest at least 80% of its net assets in equity and equity-linked securities of "Indian companies." The advisor intends to invest in the equity securities of Indian companies by investing in shares of a wholly owned, collective investment vehicle (the "Portfolio"), registered with and regulated by the Mauritius Financial Services Commission. Investment by the Portfolio is a tax efficient method of investing in Indian companies.

    Fund Operations 
    Last Dividend (Dec 10, 2014) : 0.17
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Nov 24, 2015) : N/A
    Average for Category:18.67%
    Fees & Expenses 
    ExpenseINDAXCategory Avg
    Annual Report Expense Ratio (net):1.90%1.76%
    Prospectus Net Expense Ratio:2.00%N/A
    Prospectus Gross Expense Ratio:5.02%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.50%5.67%
    Max Deferred Sales Load: N/A2.00%
    3 Yr Expense Projection*:1,719845
    5 Yr Expense Projection*:2,6951,380
    10 Yr Expense Projection*:5,1342,814
    * Per $10,000 invested