Detail akcie India Fund Inc. online

Business Summary: The India Fund, Inc. (the Fund) is a non-diversified closed-end management investment company. The Fund's investment objective is long-term capital appreciation, which the Fund seeks to achieve by investing primarily in the equity securities of Indian companies. Under normal market conditions, at least 80% of the Fund's total assets are invested in equity securities of Indian companies. The equity securities include common and preferred stock, (including convertible preferred stock), American, global, or other types of depositary receipts, or American Depositary Receipts (ADRs), convertible bonds, notes and debentures, equity interests in trusts, partnerships, joint ventures or similar enterprises and common stock purchase warrants and rights. The Fund invests in various sectors, including financials, information technology, consumer staples, materials, consumer discretionary, real estate, communication services, energy, and others. The Fund's investment manager is abrdn Asia Limited.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, India Fund Inc revenues decreased 5% to $5.2M. Net income increased 10% to $108M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Realized G/L on Investments Securities increase from $44.2M to $107.4M (income), Miscellaneous decrease of 55% to $89K (expense).