Harnessing emerging growth opportunities.
The Ashburton India Equity Opportunities Fund (the “Fund”) is a USD-denominated fund offering investors access to one of the largest, fastest-growing and most exciting economies in the world.

The Fund aims to achieve long-term capital growth through equity or equity-related investments predominantly allied to the economy of India. The fund may also invest in companies traded in other geographic markets where a significant proportion of growth in their underlying business is set to derive from India.

Ashburton Investments is registered as a manager of collective investment schemes and is regulated by the Financial Services Board.

The Fund is registered as, and adheres to the investment requirements of, a UCITS IV fund, and is domiciled in Luxembourg and is approved for distribution in South Africa in terms of section 65 of CISCA.

You can review the relevant Fund literature here.
India’s sizeable and rapidly - growing domestic market, well-regulated and growing financial markets, large English-speaking population and increasing global presence in sectors such as information technology make it an attractive prospect for investors.

Strong economic growth profile - India’s economy has accelerated rapidly in recent decades, demonstrating its remarkable resilience. It is expected to become one of the world’s largest economies by 2050.

Increasing consumption - Western-style consumerism is rising rapidly as more people enter the workforce and join the growing middle class bracket. The strength of the domestic consumption story makes India far less vulnerable to external shocks and pressures than other emerging markets.

Robust banking system -The country benefits from a strong and highly regulated banking system. Strong balance sheets, exceptional management quality and an emphasis on corporate governance and transparency make India’s banks well-respected globally.

Regulated markets -India’s Bombay Stock Exchange is one of the oldest in the world and offers investors a cost effective, efficient, highly-regulated and liquid investing environment.

Why invest now?

India has weathered negative sentiment in recent years, however, the structural growth story remains intact and its fundamentals are strong, which is testimony to its capacity for resilience. Its strengths include: a developed banking system, youthful demographics, increasing consumerism and its renewed commitment to tackling corruption. Added to this, there has been renewed confidence in India’s central bank with the appointment of Raghuram Rajan as its Governor in September 2013. The combination of these opportunistic factors leaves India’s economy in a strong position to benefit over the long-term.

Whilst valuations in some specific sectors are at the upper-end of their historical ranges, there remain sectors and a number of stocks that have compelling investment qualities which mirror our investment principles.

Consumerism within India remains in the nascent stage. However, the aspiring classes with increasing disposal income are boosting innovation and entrepreneurialism, which is the driving force behind many of India’s leading companies in the large, mid and small cap stocks.
Speak to your financial advisor about this fund. Alternatively, fill in the form on this page and we will contact you.