Investment Trust in Focus: JPMorgan Indian

Bronze Rated JPMorgan Indian trust is managed by an experienced duo in Rukhshad Shroff and Rajendra Nair. Shroff, who was appointed in 2003, brings two decades of expertise

Morningstar Manager Analysts 24 November, 2015 | 1:30PM
Facebook Twitter LinkedIn

This article is part of Morningstar’s Guide to Investing in Asia where we navigate the potential risks for the chance of fantastic rewards from across the region.

We think shareholders of JPMorgan Indian (JII) are in good hands. The fund is managed by an experienced duo in Rukhshad Shroff and Rajendra Nair. Shroff, who was appointed in 2003, brings two decades of expertise. Nair has also seen a number of market cycles, having started his career in the industry in 1998.

How is the Trust Run?

Shroff runs a relatively concentrated, low-turnover approach focused primarily on companies with superior earnings that can benefit from India’s secular growth story. Approximately 40 names are selected from a universe of 200. While quality is the primary focus, the team will also take positions in lower-quality names when valuations justify it. Valuations are based on a mixture of relative attractiveness and discounted cash flow, which they assess with the assistance of brokers. Management is another area of focus, and both Shroff and Nair meet with each company before initiating a position.

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Basic member.

Register For Free

The information contained within is for educational and informational purposes ONLY. It is not intended nor should it be considered an invitation or inducement to buy or sell a security or securities noted within nor should it be viewed as a communication intended to persuade or incite you to buy or sell security or securities noted within. Any commentary provided is the opinion of the author and should not be considered a personalised recommendation. The information contained within should not be a person's sole basis for making an investment decision. Please contact your financial professional before making an investment decision.

Facebook Twitter LinkedIn

Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
JPMorgan Indian Ord838.00 GBX-0.59Rating

About Author

Morningstar Manager Analysts

Morningstar Manager Analysts  research and rate hundreds of OEICs, unit trusts and investment trusts available for sale in the UK.

© Copyright 2021 Morningstar, Inc. All rights reserved.

Terms of Use        Privacy Policy        Cookies       Modern Slavery Statement