Jupiter India Fund
Posted by: Philippa Gee
February 27th, 2008.
It has been hard to escape the media attention given to growth opportunities in emerging markets such as India - for many they hold the investment hope of the future and Jupiter launched its India fund at the beginning of February 2008 with an enticing initial offer price of 50p*.
The fund, managed by Asian investment specialist Avinash Vizirani, will seek to unearth India’s most promising companies and will have over 7,000 of them from which to choose. It may also provide a degree of investment exposure in neighbouring economies such as Pakistan and Sri Lanka when a significant opportunity arises.
Jupiter hope that this fund will also take advantage of the fact that India is, so far, under researched by other investment companies. It is thought this will enable the fund manager to pick attractively-priced large cap stocks that have largely been ignored by the investment world.
Many market commentators are suggesting that within 10 years India may become the third most powerful economy in the world, behind the USA and China. This bold statement provides a compelling reason for a long-term investment in the region.
Obviously this fund is highly specialist and therefore carries a much greater degree of risk. For more mainstream funds consider those listed on our Fund Shortlist.
To find out more about the Jupiter India fund call a member of our Investments Team on 0800 294 7221, or you can invest online now.
* The initial offer price lasts until 3rd March 2008.
This entry was posted on Wednesday, February 27th, 2008 at 12:56 pm and is filed under Fund News, Investments.
Listen to this article as a podcast