Overview
abrdn New India Investment Trust : ANII
abrdn New India Investment Trust (formerly Aberdeen New India Investment Trust, and New India Investment Trust before that) aims to achieve long-term capital appreciation by investing in companies which are incorporated in India or which derive significant revenue or profit from India, with dividend yield from the company being of secondary importance. Performance is benchmarked against the Morgan Stanley Capital International India Index (in Sterling terms).
You can access the company’s website here.
Fundamentals
Price
Research History
-
05 Jan 2023 90 min read
QuotedData’s Economic and Political Monthly Roundup January 2023
Economic and Political Monthly Roundup Investment companies | Monthly | January 2023 A collation of recent insights on markets and economies taken from the comments made by chairs and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage […]
-
9 min read
QuotedData’s Investment Companies Roundup – January 2023
December 2022 Monthly roundup | Investment companies Winners and losers in December 2022 The Financials sector only has two constituents, one of these – Trian Investors 1 – has seen its discount narrow since it promised to return cash to investors by next June, and it has also benefited from underlying NAV appreciation. Last month’s […]
-
06 Dec 2019 5 min read
QuotedData’s economic roundup – December 2019
Economic & Political Roundup Kindly sponsored by Polar Capital and Allianz A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you […]
-
05 Jul 2019 6 min read
QuotedData’s economic roundup – July 2019
Economic & Political Roundup A collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any of the […]
-
04 Apr 2019 1 min read
QuotedData’s investment companies roundup – April 2019
QuotedData’s investment companies roundup – April 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of March 2019. Kindly sponsored by Baillie Gifford. JPMorgan Indian, India Capital Growth, Aberdeen New India and Ashoka India Equity Investment […]
-
22 Feb 2019 1 min read
QuotedData’s investment companies roundup – February 2019
QuotedData’s investment companies roundup – February 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of January 2019. Kindly sponsored by Baillie Gifford. December’s sharp sell-off in technology and growth stocks reversed somewhat in January. This was […]
-
18 Jan 2019 1 min read
QuotedData’s investment companies roundup – January 2019
QuotedData’s investment companies roundup – January 2019 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of December 2018. Kindly sponsored by Baillie Gifford. Extract from money raised and returned in December The only new issue […]
-
19 Dec 2018 1 min read
QuotedData’s investment companies roundup – December 2018
QuotedData’s investment companies roundup – December 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2018. Kindly sponsored by Baillie Gifford. Extract from ‘winners and losers’ The Californian wildfires took their toll on CatCo Reinsurance as it […]
-
1 min read
QuotedData’s economic roundup – December 2018
QuotedData’s economic roundup – December 2018 is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or sell any […]
-
12 Oct 2018 1 min read
QuotedData’s investment companies roundup – October 2018
QuotedData’s investment companies roundup – October 2018 is our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of August 2018. Kindly sponsored by Baillie Gifford. Money raised and returned in September Trian Investors 1 is a new fund that will adopt […]
-
11 Dec 2017 1 min read
QuotedData’s economic round up – December 2017
QuotedData’s economic round up – December 2017 – is a collation of recent insights on markets and economies taken from the comments made by chairmen and investment managers of investment companies – have a read and make your own minds up. Please remember that nothing in this note is designed to encourage you to buy or […]
-
07 Dec 2016 1 min read
QuotedData investment companies roundup – December 2016
Our latest roundup of news; price, NAV and discount movements; flows in and out of the sector and report on full year dividends announced over the month of November 2016. december-investment-companies-roundup
-
1 min read
QuotedData’s round up of views on the global economy – December 2016
QuotedData’s collation of recent insights on markets and economies taken from comments made by chairman and managers of investment companies. december-economic-and-political-roundup
News
-
07 May 2025 2 min read
UK-India free trade agreement 2025: What it means for markets and stocks
Most significant post Brexit trade pact The UK-India Free Trade Agreement (FTA), finalised in 2025 after years of negotiation, marks the most significant post-Brexit trade pact for the United Kingdom. It not only strengthens economic ties with one of the world’s fastest-growing economies but is also poised to influence key sectors across both UK and […]
-
27 Dec 2024 5 min read
QuotedData’s review of the year 2024
This is the last of our weekly emails for 2024. We hope that you have been finding them useful. 2024 has been a year of setbacks and shrinkage for the UK investment companies industry, topped by the cynical and self-serving attack on seven trusts by US corporate raider Saba Capital (there will be much more […]
-
28 Nov 2024 2 min read
QuotedData’s morning briefing 28 November 2024 – SST, RNEW, ANII, AEWU, HOME, ASLI
In QuotedData’s morning briefing 28 November 2024: Scottish Oriental Smaller Companies (SST) says its lead manager Vinay Agarwal has left FSSA Investment Managers by mutual agreement. The trust’s new lead manager is Sreevardhan Agarwal, who is now in charge of the portfolio. Sree has acted as the company’s deputy manager and, latterly, co-manager for the past […]
-
26 Jul 2024 5 min read
Western worries, eastern opportunities: funds to capitalise on the unsung opportunities in Asia and the Middle East
This week seems to have been the grand finale of an eventful month for Western politics, culminating with the sudden withdrawal of Biden and the rise of Kamala Harris, which appears to have reinvigorated that contest. Biden’s exit followed an attempt on Trump’s life, the discord resulting from the French election, and the Labour Party […]
-
12 Jul 2024 4 min read
QD View – Spotlight on democracy
Around half of the world’s population, some 4 billion people, will have the opportunity to go to the polls for national elections in 2024. For many, it’s the first chance to have a say since the COVID-19 pandemic and comes at a time when disaffection among voters has reached record highs. The consequences of this […]
-
14 Jun 2024 1 min read
QuotedData’s weekly news show 14th June 2024
Thank you to everyone that listened in today on our YouTube channel. In this week’s show, James Carthew covered the week’s top stories: • abrdn New India (0:30) • Asia Energy Impact (7:23) This week’s interview was with Luciano Suana from Menhaden Capital Management – watch it again here.
-
7 min read
abrdn New India post sharp turnaround in performance but lags benchmark
abrdn New India Investment Trust (ANII) has published its annual results for the year ended 31 March 2024, during which it provided NAV and share price total returns of 27.8% and 27.3% respectively, underperforming its MSCI India Index, which returned 34.4% (all in sterling in total return terms). This performance is a sharp turnaround from […]
-
19 Apr 2024 4 min read
QD view – Hot stuff
Forget the Magnificent Seven, the Indian stock market has been the unsung hero of the past decade. The MSCI India has delivered an annualised return of 13.6%[1], that puts it ahead of the MSCI World (9.97%) and its emerging market peers (3.33%). The returns from the country’s small-and mid-cap sector have been even higher. With […]
-
23 Nov 2023 2 min read
QuotedData’s morning briefing 23 November 2023 – ANII, WHH, NRR, LMP
In QuotedData’s morning briefing 23 November 2023: abrdn New India Investment Trust (ANII) announced its interim report for the six months to September 30 2023. Share price total return for the period was 13.7% while the NAV was up 13.2% with the discount narrowing slightly to -18.7% at last close. While impressive on an absolute […]
-
29 Jun 2023 5 min read
abrdn New India seeks exposure to pre-IPO opportunities
abrdn New India has published results covering the 12 months ended 31 March 2023. Over the period, the NAV return was -8.0% and the return to shareholders was -8.9%. Both are a little worse than the -6.0% return delivered by the MSCI India Index. The chairman notes that one of the most significant drivers of […]
-
05 Dec 2022 2 min read
Adani underweight constrains Aberdeen New India
Aberdeen New India Investment Trust (ANII) has released its half year results for the six-month period ending 30 September 2022. Over the reported six month, ANII reported a NAV total return of 5.9%, and share price total return of 2.8%. This compared to the 8.9% return of its benchmark, the MSCI India Index. The main […]
-
04 Nov 2022 4 min read
QD view – India, the new darling of emerging markets?
The Indian stock market has proved an unlikely safe haven over the past three years. After an astonishing recovery in 2020 and 2021, Indian investment trusts continued their resilience in 2022, only outpaced by commodity-focused markets. Its strength is in notable contrast to China, which languishes at the bottom of the performance tables. It suggests […]
-
08 Aug 2022 1 min read
QuotedData’s morning briefing 8 August 2022
In QuotedData’s morning briefing 8 August 2022: Aberdeen New India (ANII) has entered into a new three year revolving credit facility of £30m with The Royal Bank of Scotland International, which replaces its £30m loan facility (also with RBSI), which matures on 5 August 2022. £30m of the facility has been drawn down and used […]
-
01 Jul 2022 3 min read
Aberdeen New India to introduce conditional tender offer following underperformance
Aberdeen New India to introduce conditional tender offer following underperformance – Aberdeen New India (ANII) has posted its full year results for the 12 months to 31 March 2022. During this time its NAV returned 11.2% while its share price total return was 3.7%. This compares with a 23.9% return from the MSCI India Index. […]
-
25 Mar 2022 1 min read
QuotedData’s weekly news show 25th March 2022
Thank you to everyone that listened in today, whether you watched the Zoom live, on Facebook or on YouTube. In this week’s show, James Carthew covered the week’s top stories: • Aberdeen New India/India Capital Growth • Greencoat Renewables • Rockwood Realisation This week’s interview was with Blake Hutchins of Troy Income & Growth. – […]
-
24 Mar 2022 1 min read
New conditional tender for Aberdeen New India
New conditional tender for Aberdeen New India – The board of Aberdeen New India Investment Trust intends to introduce a five-yearly performance-related conditional tender offer. The board is concerned about the relative underperformance of the NAV over shorter term time periods compared to its benchmark, the MSCI India Index. Following discussions with the investment manager, the […]
-
25 Nov 2021 4 min read
QuotedData’s morning briefing 25 November 2021
In QuotedData’s morning briefing on 25 November 2021: Seraphim Space (SSIT) has made a new $12.5m investment into Astroscale Holdings, the market leader in satellite servicing and long-term orbital sustainability across all orbits. Astroscale closed a $109m series F round which was led by THE FUND Limited Partnership in Japan and backed by a group […]
-
11 Jun 2021 4 min read
Aberdeen New India underperformed despite epic rebound
Aberdeen New India (ANII) has released its annual results for the year ended 31 March 2021, during which its NAV has seen an epic rebound from its March 2020 lows (it provided an NAV total return of 52.7%), although it underperformed its benchmark, the MSCI India Index, which rose by 59.1% (all in sterling total […]
-
1 min read
QuotedData’s morning briefing 11 June 2021
In QuotedData’s morning briefing 11 June 2021: Grainger, the UK’s largest listed residential landlord, has acquired The Forge, in Newcastle, a Build-to-Rent (BTR) asset comprising 283 rental apartments, for £57m from Moorfield Real Estate Fund III. The purchase price represents a gross yield of 6.25%. Target Healthcare REIT has completed the acquisition of a luxury care home in […]
-
30 Apr 2021 3 min read
QD view – Indian funds take stock
QD view – Indian funds take stock No doubt you have seen the horrific scenes in India as COVID-19 seemingly runs out of control. Our first thoughts must be with the victims and their families, but the managers of funds specialising in the region have also been taking time to update us on what this […]
-
18 Aug 2020 1 min read
Defensive portfolio benefits Aberdeen New India
Defensive portfolio benefits Aberdeen New India – Aberdeen New India has published results for the year ended 31 March 2020. The year end is struck close to the depths of market falls. over the period, the trust’s NAV fell by 22.7% and its share price by 28.9% (as the discount widened from 13.3% to 20.3%). The […]
-
27 Nov 2019 2 min read
Stock selection drives Aberdeen New India interim period outperformance
Stock selection drives Aberdeen New India interim period outperformance – Over Aberdeen New India’s (ANII) interim period to 30 September 2019, the company’s NAV rose by 6.1%, ahead of the benchmark MSCI India Index’s return of 0.8%. Performance was driven primarily by stock selection amid persistent financial sector woes. FIscal stimulus improving sentiment ANII noted: […]
-
13 Jun 2019 1 min read
QuotedData’s other news 13 June 2019
In QuotedData’s other news 13 June 2019 – Augmentum Fintech made follow on investments totalling £8.5m in three of its portfolio companies – Tide, Monese and Duedil. BBGI has topped up its investment in the A1/A6 road project in the Netherlands. The project was part of the Schiphol-Amsterdam-Almere expansion and involved the reconstruction and widening of a […]
-
18 Nov 2016 3 min read
New India grows 21.5% in half year, in line with benchmark
New India has announced its interim results for the six months ended 30 September 2016. During the period, the trust’s NAV per share increased by 21.5% to 439.98p while the Ordinary share price also gained by 21.5% to reach 380.75p. By comparison, the trust says that its benchmark MSCI India Index increased by 21.6% and […]
-
15 Jun 2016 4 min read
New India benefits from resilient holdings
New India Investment Trust has announced its annual results for the year ended 31 March 2016. During the year the trust provided an NAV total return of -6.1% and, reflecting a widening of the discount during the period (from 8.7% to 13.5%), a share price total return of -11.0% (all in sterling terms). This compares […]
-
18 Dec 2015 2 min read
Aberdeen New Dawn impacted by Chinese slowdown despite low exposure
Aberdeen New Dawn has announced interim figures for the six months ended 31 October 2015. Its benchmark, the MSCI AC Asia Pacific ex Japan Index, fell by 16.4%, while the net asset value fell by 17.0% (both on a total return basis). The share price declined by 16.7% (also on a total return basis), ending the period […]
-
12 Jun 2015 1 min read
New India takes full advantage of Indian resurgence
Over the year to the end of March 2015 New India Investment Trust delivered a 46.3% return on net assets, well ahead of the 35.6% return on the MSCI India Index. he return to shareholders was even better at 56.4%. The managers report says Kansai Nerolac Paints did particularly well on the back of robust earnings […]
-
25 Nov 2014 1 min read
New India beats rising market
NII : New India beats rising market New India Investment Trust reported a 21.5% total return on its net asset value over the six months ended 30 September 2014, ahead of the MSCI India Index which rose by 18.6%. The fund’s discount has narrowed noticeably as well from 14.6% at the start of the period to something […]
-
30 May 2014 1 min read
New India Investment Trust : NII – results
New India Investment Trust has released figures for the year ended 31 March 2014 showing a negative total return on net assets for the year of 1.9% which compares to a 2.8% fall in its benchmark and a negative 5.1% return on its share price. In Rupee terms returns were not too bad but a 21% […]
Upcoming Events
Videos
In The Press
-
16 Aug 2023 1 min read
Investment trust insider on the return of arbitrageurs
Investment trust insider on the return of arbitrageurs – James Carthew: The unfit trusts at risk from an ‘arb’ attack Investment company bargains abound following the discount widening that has plagued the sector. We have seen some welcome proactive moves by boards to address the problem. What does not seem to have emerged yet is […]
-
25 Oct 2022 1 min read
Investment trust insider on India
Investment trust insider on India – James Carthew: India trusts still have questions to answer A couple of months ago, I highlighted the wide discounts that most of the investment trusts in the India sector were trading on. These have not gone away. However, in terms of underlying returns and net asset value (NAV), until […]
-
28 Mar 2022 1 min read
Investment trust insider on performance triggered tenders
Investment trust insider on performance triggered tenders – James Carthew: Back to the drawing board Aberdeen India If I could devise and patent one simple and guaranteed way to tackle discounts on investment companies, I would probably make a fortune. I am not sure that such a thing exists, however. Over the years, boards have […]
-
22 Feb 2022 1 min read
Fund and trust ideas to income-boost portfolios to beat inflation
Cherry Reynard from interactive investor 15th February 2022: Four types of funds yield 5% plus. Cherry Reynard runs through the options, risks and potential rewards… In general, there are four types of investment that generate a yield in excess of 5%. The first are conventional equity income strategies… The second type of high-income fund operates at […]
-
14 May 2019 2 min read
Investment trust insider on India
Investment trust insider on India – James Carthew: ignore India’s polls and pick a stock picker India is going to the polls and results from the general election will be declared on 23 May. It looks as though the National Democratic Alliance, the coalition of the BJP (Bharatiya Janata Party) and various regional parties, will be […]
