3 Indian Stocks with Great Governance

Gold-rated FSSA Indian Subcontinent Fund’s Vinay Agarwal picks these high conviction names

Kate Lin 20 October, 2021 | 12:02AM
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Taj Mahal, India

A company’s management and their leadership style exerts a huge influence on a company’s identity and culture. Some would argue that this could ultimately determine its path to boom or bust. Good company management is also a bellwether of how well a firm responds to evolving market requirements. For values-based investors, ‘G’ is one third of environmental, social and governance (ESG) investing.

We asked Vinay Agarwal, lead portfolio manager of the Gold-rated FSSA Indian Subcontinent Fund, about his process. In addition to the quality of the businesses, and the balance sheets of the stocks he considers, he has been paying close attention to the quality of a company’s management team in his investment process, according to Morningstar research.

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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.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Godrej Consumer Products Ltd924.05 INR0.00
Godrej Industries Ltd577.85 INR0.00
Housing Development Finance Corp Ltd2,807.80 INR0.00
ICICI Bank Ltd722.40 INR0.00

About Author

Kate Lin  is a Data Journalist for Morningstar Asia, and is based in Hong Kong