Mutual Fund Insights: Matthews India Fund (MINDX)

In-depth Analysis of Matthews India Fund (MINDX)

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See Matthews India Fund (MINDX) performance details as of February 28, 2010

  

Last Trade: $17.21 on 3/19/2010, Change: -0.12 (-0.69%)

  

Fund Manager - Noor Kamruddin

Fund Manager Tenure: 1.2 years
Fundmojo Fund Grade: N/A (Score: *manager is new*)     (What does this score mean?)

Noor Kamruddin is a Portfolio Manager at Matthews. Prior to joining Matthews in May 2008, Noor Kamruddin spent four years at Wasatch Advisors, first as a Senior Analyst and then as a Portfolio Manager. From 2002 to 2004, Noor was an Equities Analyst with Firsthand Capital Management. Noor Kamruddin began her career as a software design engineer, and has also worked at Merrill Lynch and CIBC World Markets.  Get more insights on Noor Kamruddin

  

 What we like about Matthews India Fund (MINDX)

Data for Matthews India Fund (MINDX) as of February 28, 2010

• Matthews India Fund (MINDX) has good mid-term performance (3-year return 8.37% vs 3.74 % Pacific/Asia ex-Japan Stk category average)
• Matthews India Fund (MINDX) has an annual stock turnover rate of 27.00% vs Pacific/Asia ex-Japan Stk average of 84.26%. It is good that Matthews India management does not trade extensively for its return.
• Matthews India Fund (MINDX) has a lower management fee than its Pacific/Asia ex-Japan Stk average: 1.29% vs 2.01%
• Matthews India Fund (MINDX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

  

 What we are cautious about Matthews India Fund (MINDX)

Data for Matthews India Fund (MINDX) as of February 28, 2010

• Matthews India Fund (MINDX) management has been with Matthews India Fund for only 1.2 years, it is hard to judge manager's ability based on this fund's operation record
• Matthews India Fund is a focused fund with 30.31% of the portfolio on top 10 securities. This tends to produce more volatility compared to a diversified fund. See fund top 10 holdings.
• Matthews India Fund (MINDX) has a less-than-ideal short-term performance (1-year return 137.42% vs 85.24 % Pacific/Asia ex-Japan Stk category average)
• Matthews India Fund (MINDX) ratio of up-years vs down years can be improved
• Matthews India Fund (MINDX) has a Morningstar rating of 3 and below
• Matthews India Fund (MINDX) is more volatile than its peers as it has a 3-year Standard Deviation of 42.26 that is higher than category average of 34.6

See Matthews India Fund (MINDX) performance details as of February 28, 2010

  

  

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Matthews India Fund (MINDX) Net Asset

Track net asset change of Matthews India fund (MINDX)

Date	Net Asset
02/2010	$725.19M
01/2010	$717.60M
11/2009	$627.48M

More historic net asset information on Matthews India Fund (MINDX)

  

Matthews India Fund (MINDX) Portfolio Allocation

Track portfolio allocation change of Matthews India fund (MINDX)

Date	Cash	Stock	Bond	Other
09/2009	0%	96.12%	0%	3.88%
06/2009	0%	96.05%	0%	3.95%
03/2009	0%	95.32%	0%	4.68%

Click here to see more historic asset allocation information on Matthews India Fund (MINDX)

  

Most Recent Top 10 Holdings in Matthews India Fund (MINDX)

Discover what Matthews India Fund (MINDX) manager is buying

30-Sep-09 Sun Pharmaceuticals Industries Ltd. [3.36%] Dabur India Ltd. [3.31%] Reliance Industries Ltd. [3.3%] Jain Irrigation Systems Ltd. [3.09%] Bharti Airtel Ltd. [3.08%] HDFC BANK LTD [2.89%] Crompton Greaves Ltd [2.87%] Unitech Ltd. [2.86%] Kotak Mahindra Bank Ltd. [2.81%] Gail(India) Limited [2.73%]

30-Jun-09 Bharti Airtel Ltd. [3.87%] Reliance Industries Ltd. [3.85%] Dabur India Ltd. [3.84%] Jain Irrigation Systems Ltd. [3.36%] Larsen & Toubro Limited [3.32%] HDFC BANK LTD [3.28%] Sun Pharmaceuticals Industries Ltd. [3.27%] Crompton Greaves Ltd [3.18%] Sintex Industries Ltd. [3.04%] Kotak Mahindra Bank Ltd. [2.98%]

31-Mar-09 Bharti Airtel Ltd. [4.92%] Sun Pharmaceuticals Industries Ltd. [4.79%] Dabur India Ltd. [4.74%] Reliance Industries Ltd. [4.42%] Gail(India) Limited [3.89%] HDFC Bank Ltd [3.47%] Cipla Ltd. [3.27%] Jain Irrigation Systems Ltd. [3.22%] Infosys Technologies, Ltd. [2.96%] Glenmark Pharmaceuticals Ltd. [2.82%]

Click here for Stock Holding Change Map in Matthews India Fund (MINDX)

  

Related books and products to Matthews India Fund (MINDX)

  

Latest News on Matthews India (MINDX)

See what is happening with Matthews India Fund (MINDX)

How to Avoid Unpleasant Surprises (Morningstar.com) Invest in India Via ETFs (at TheStreet.com) See more news on Matthews India Fund (MINDX)

 

Books and Resources

 

 

See more information on Matthews India Fund (MINDX)

• Matthews India Fund Insights
• Matthews India Fund Performance Data
• Matthews India Fund News
• Matthews India Fund Score Explaination
• Matthews India Fund Manager Information
• Historic Matthews India Fund Asset Allocation Report
• Historic Matthews India Fund Top 10 Holding Tracking
• Historic Matthews India Fund Asset Under Management Tracking