India Capital Growth was established to take advantage of long term investment opportunities in companies based in India. Investments are predominantly made into listed companies through a subsidiary in Mauritius. The objective is to provide long term capital appreciation by investing predominantly in listed mid and small cap companies with a smaller proportion in unlisted companies. Investments may also be made in large cap Indian companies where the Fund Manager believes long-term capital appreciation will be achieved. The Company may hold liquid assets (including cash) pending deployment in suitable investments. It is the Company’s declared policy not to hedge the exposure to the Indian Rupee.
We have written notes that explain how the fund works: “Indian powerhouse“, “Compounding machine“, “India at a significant discount“, “Full steam ahead“, “Moving to the main board“, and “A return to earnings growth”
You can access the manager’s website here