Matthews India Fund Quote

MIDNX Fund  USD 29.75  0.01  0.03%   

Performance

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Odds Of Distress

Less than 22

 
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Matthews India is trading at 29.75 as of the 22nd of November 2024; that is 0.03 percent down since the beginning of the trading day. The fund's open price was 29.76. Matthews India has about a 22 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Matthews India Fund are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80 percent of its net assets, which include borrowings for investment purposes, in publicly traded common stocks, preferred stocks and convertible securities of companies located in India. More on Matthews India Fund

Moving against Matthews Mutual Fund

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  0.34MICFX Matthews ChinaPairCorr

Matthews Mutual Fund Highlights

Thematic IdeaMacroaxis Index (View all Themes)
Fund ConcentrationMatthews Asia Funds, Large Growth Funds, India Equity Funds, Macroaxis Index Funds, India Equity, Matthews Asia Funds, Large Growth, India Equity (View all Sectors)
Update Date30th of September 2024
Expense Ratio Date28th of April 2023
Fiscal Year EndDecember
Matthews India Fund [MIDNX] is traded in USA and was established 22nd of November 2024. Matthews India is listed under Matthews Asia Funds category by Fama And French industry classification. The fund is listed under India Equity category and is part of Matthews Asia Funds family. The entity is thematically classified as Macroaxis Index. This fund now has accumulated 592.25 M in assets with minimum initial investment of 100 K. Matthews India is currently producing year-to-date (YTD) return of 9.73% with the current yeild of 0.02%, while the total return for the last 3 years was 5.6%.
Check Matthews India Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Matthews Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Matthews Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Matthews India Fund Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Matthews India Fund Mutual Fund Constituents

CTSHCognizant Technology SolutionsStockInformation Technology
TAROTaro Pharmaceutical IndustriesStockHealth Care
SZKMFSuzuki MotorPink SheetAuto Manufacturers
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Matthews India Risk Profiles

Matthews India Against Markets

Other Information on Investing in Matthews Mutual Fund

Matthews India financial ratios help investors to determine whether Matthews Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Matthews with respect to the benefits of owning Matthews India security.
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