Equity

BGF India Fund

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

The fund invests a large portion of assets which are denominated in other currencies; hence changes in the relevant exchange rate will affect the value of the investment. Compared to more established economies, the value of investments in developing Emerging Markets may be subject to greater volatility due to differences in generally accepted accounting principles or from economic or political instability. The fund may invest in smaller company shares which can be more unpredictable and less liquid than those of larger company shares. Investment risk is concentrated in specific sectors, countries, currencies or companies. This means the Fund is more sensitive to any localised economic, market, political or regulatory events.

All currency hedged share classes of this fund use derivatives to hedge currency risk. The use of derivatives for a share class could pose a potential risk of contagion (also known as spill-over) to other share classes in the fund. The fund’s management company will ensure appropriate procedures are in place to minimise contagion risk to other share class. Using the drop down box directly below the name of the fund, you can view a list of all share classes in the fund – currency hedged share classes are indicated by the word “Hedged” in the name of the share class. In addition, a full list of all currency hedged share classes is available on request from the fund’s management company

To the extent the Fund undertakes securities lending to reduce costs, the Fund will receive 62.5% of the associated revenue generated and the remaining 37.5% will be received by BlackRock as the securities lending agent. As securities lending revenue sharing does not increase the costs of running the Fund, this has been excluded from the ongoing charges.

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Performance

Performance

Chart

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This chart shows the fund's performance as the percentage loss or gain per year over the last 2 years.

  2019 2020 2021 2022 2023
Total Return (%) -13.9 18.2
Constraint Benchmark 1 (%) -7.7 20.9

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

  1y 3y 5y 10y Incept.
16.32 4.73 - - 3.20
Constraint Benchmark 1 (%) 23.86 9.86 - - 7.80
  YTD 1m 3m 6m 1y 3y 5y 10y Incept.
9.62 -0.36 -6.28 1.56 16.32 14.86 - - 10.50
Constraint Benchmark 1 (%) 14.57 -0.42 -6.71 4.83 23.86 32.59 - - 26.86
  From
30-Sept-2019
To
30-Sept-2020
From
30-Sept-2020
To
30-Sept-2021
From
30-Sept-2021
To
30-Sept-2022
From
30-Sept-2022
To
30-Sept-2023
From
30-Sept-2023
To
30-Sept-2024
Total Return (%)

as of 30/Sept/2024

- - -15.50 9.94 27.77
Constraint Benchmark 1 (%)

as of 30/Sept/2024

- - - 10.13 40.33

The figures shown relate to past performance. Past performance is not a reliable indicator of future performance. Markets could develop very differently in the future. It can help you to assess how the fund has been managed in the past

Share Class and Benchmark performance displayed in USD, hedged share class benchmark performance is displayed in USD.

Performance is shown on a Net Asset Value (NAV) basis, with gross income reinvested where applicable. The return of your investment may increase or decrease as a result of currency fluctuations if your investment is made in a currency other than that used in the past performance calculation. Source: Blackrock

Key Facts

Key Facts

Net Assets of Fund
as of 11/Dec/2024
USD 556,806,516
Fund Launch Date
02/Feb/2005
Fund Base Currency
USD
Constraint Benchmark 1
MSCI India TR Net 10/40 Index
Initial Charge
0.00%
Management Fee
0.75%
Performance Fee
0.00%
Domicile
Luxembourg
Management Company
BlackRock (Luxembourg) S.A.
Dealing Settlement
Trade Date + 3 days
Bloomberg Ticker
BGBIIUA
Share Class launch date
29/Sept/2021
Share Class Currency
USD
Asset Class
Equity
SFDR Classification
Other
Ongoing Charges Figures
0.86%
ISIN
LU2386952878
Use of Income
Accumulating
Regulatory Structure
UCITS
Morningstar Category
-
Dealing Frequency
Daily, forward pricing basis
SEDOL
BNYDD39

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of 29/Nov/2024
44
3y Beta
as of 30/Nov/2024
0.842
P/B Ratio
as of 29/Nov/2024
4.20
Standard Deviation (3y)
as of 30/Nov/2024
13.63%
P/E Ratio
as of 29/Nov/2024
26.95

Risk Indicator

Risk Indicator

1
2
3
4
5
6
7
Low Risk High Risk
Typically low rewards Typically high rewards

Ratings

Ratings

Holdings

Holdings

as of 29/Nov/2024
Name Weight (%)
ICICI BANK LTD 5.47
MAHINDRA AND MAHINDRA LTD 5.18
INFOSYS LTD 5.09
HDFC BANK LTD 4.90
BHARTI AIRTEL LTD 4.40
Name Weight (%)
RELIANCE INDUSTRIES LTD 4.31
REC LIMITED 4.27
ULTRATECH CEMENT LTD 3.49
ITC LTD 3.44
GODREJ PROPERTIES LTD 3.14
Holdings subject to change

Exposure Breakdowns

Exposure Breakdowns

as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
as of 29/Nov/2024

% of Market Value

Type Fund Benchmark Net
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management. Allocations are subject to change.

Pricing & Exchange

Pricing & Exchange

Investor Class Currency NAV NAV Amount Change NAV % Change NAV As Of 52wk High 52wk Low ISIN
Class I2 USD 11.35 0.06 0.53 11/Dec/2024 12.07 9.67 LU2386952878
Class A4 GBP 45.80 0.18 0.39 11/Dec/2024 47.58 39.95 LU0250163515
Class A2 EUR 55.35 0.38 0.69 11/Dec/2024 56.04 45.94 LU0248271941
Class D2 USD 66.44 0.34 0.51 11/Dec/2024 70.68 56.75 LU0724618193
Class D4 GBP 50.12 0.20 0.40 11/Dec/2024 51.90 43.40 LU0827882712
Class A2 USD 58.12 0.29 0.50 11/Dec/2024 61.93 50.02 LU0248272758
Class D2 EUR 63.26 0.43 0.68 11/Dec/2024 63.85 52.13 LU0288299570

Portfolio Managers

Portfolio Managers

Prasoon Agrawal
Prasoon Agrawal
Karthik Sankaran
Karthik Sankaran

Literature

Literature