Morningstar Fund Report  | 05/04/2025Print

Liontrust India Fund C Acc GBP

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Liontrust India Fund C Acc GBP
Fund36.61.618.517.3-11.2
+/-Cat9.31.93.02.2-2.6
+/-B’mrk9.1-2.73.45.6-5.4
 
Category: India Equity
Category Benchmark: Morningstar India TME NR USD
Key Stats
NAV
04/04/2025		 GBP 3.94
Day Change 0.23%
Morningstar Category™ India Equity
IA (formerly IMA) Sector India/Indian Subcontinent
ISIN GB00B1L6DV51
Fund Size (Mil)
28/02/2025		 GBP 85.71
Share Class Size (Mil)
04/04/2025		 GBP 89.90
Max Initial Charge -
Ongoing Charge
11/02/2025		  0.89%
Investment Objective: Liontrust India Fund C Acc GBP
The investment objective of the fund is to generate long term (5 years or more) capital growth. The Fund invests at least 80% in shares of Indian companies. These are companies which, at the time of purchase, are incorporated, domiciled, listed or conduct significant business in India.
Returns
Trailing Returns (GBP)04/04/2025
YTD-13.03
3 Years Annualised6.89
5 Years Annualised23.01
10 Years Annualised7.81
12 Month Yield 0.00
Management
Manager Name
Start Date
Ewan Thompson
11/12/2018
Thomas Smith
08/02/2023
Inception Date
29/12/2006

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI India NR USDMorningstar India TME NR USD
Portfolio Profile for  Liontrust India Fund C Acc GBP28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock96.760.0096.76
Bond0.000.000.00
Property0.000.000.00
Cash3.240.003.24
Other0.000.000.00
Top 5 Regions%
Asia - Emerging100.00
United States0.00
Canada0.00
Latin America0.00
United Kingdom0.00
Top 5 Sectors%
Financial Services24.99
Consumer Cyclical16.79
Technology11.08
Healthcare10.36
Industrials8.52
Top 5 HoldingsSector%
HDFC Bank LtdFinancial ServicesFinancial Services9.76
ICICI Bank LtdFinancial ServicesFinancial Services8.45
Infosys LtdTechnologyTechnology5.75
Bharti Airtel LtdCommunication ServicesCommunication Services4.93
Tata Consultancy Services LtdTechnologyTechnology3.03
Increase Decrease New since last portfolio
Liontrust India Fund C Acc GBP
Growth Of 1000 (GBP) 31/03/2025
Fund:  Liontrust India Fund C Acc GBP
Category:  India Equity
Category Index:  Morningstar India TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2025
 201820192020202120222023202431/03
Price Return-13.12-6.7311.4736.631.5718.4817.27-11.17
+/- Category-5.90-7.871.519.351.862.972.23-2.60
+/- Category Index---9.07-2.693.425.56-5.44
% Rank in Category8593351540263480
Trailing Returns (GBP)04/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day0.23   1.960.27
1 Week-2.17   -0.070.24
1 Month4.49   0.470.05
3 Months-14.73   -1.87-4.26
6 Months-9.98   1.301.99
YTD-13.03   -1.98-4.78
1 Year-7.20   -4.90-2.44
3 Years Annualised6.89   0.211.32
5 Years Annualised23.01   4.072.49
10 Years Annualised7.81   -0.64-1.75
 
Category: India Equity
Category Index: Morningstar India TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-11.17---
20248.859.13-3.422.21
2023-6.479.267.567.79
2022-2.07-5.5214.66-4.25
20219.257.6618.46-1.94
2020-31.2822.4415.8514.36
 
 
 
Morningstar Rating™(Relative to Category)28/02/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearAbove AverageAverage4 star
5-YearAbove AverageHigh4 star
10-YearAverageAbove Average2 star
OverallAbove AverageAbove Average3 star
 
Category :  India EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev13.71 %
3-Yr Mean Return9.58 %
 
3-Yr Sharpe Ratio0.38
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar India TME NR USD  Morningstar India TME NR USD
3-Yr Beta0.840.84
3-Yr Alpha1.121.12
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 18588-
Market Capitalisation% of Equity
Giant54.17
Large31.27
Medium12.56
Small2.01
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings24.211.44
Price/Book2.351.21
Price/Sales3.191.31
Price/Cash Flow18.651.63
Dividend-Yield Factor0.990.75
 
Long-Term Projected Earnings Growth71.213.61
Historical Earnings Growth13.430.62
Sales Growth16.451.21
Cash-Flow Growth13.292.03
Book-Value Growth23.231.20
 
Category: India Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock96.760.0096.76
Bond0.000.000.00
Property0.000.000.00
Cash3.240.003.24
Other0.000.000.00
World Regions28/02/2025
 % of EquityRelative to Category
United States0.000.00
Canada0.00-
Latin America0.00-
United Kingdom0.000.00
Eurozone0.00-
Europe - ex Euro0.00-
Europe - Emerging0.00-
Africa0.00-
Middle East0.00-
Japan0.00-
Australasia0.00-
Asia - Developed0.00-
Asia - Emerging100.001.01
 
Category: India Equity
Sector Weightings28/02/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials7.961.41
Consumer CyclicalConsumer Cyclical16.791.08
Financial ServicesFinancial Services24.990.90
Real EstateReal Estate3.021.10
Consumer DefensiveConsumer Defensive6.351.01
HealthcareHealthcare10.361.16
Communication ServicesCommunication Services8.432.06
EnergyEnergy2.500.51
IndustrialsIndustrials8.520.82
TechnologyTechnology11.080.91
 
Category: India Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings45
Total Number of Bond Holdings0
Assets in Top 10 Holdings44.53
NameSectorCountry% of Assets
HDFC Bank Ltd103India9.76
ICICI Bank Ltd103India8.45
Infosys Ltd311India5.75
Bharti Airtel Ltd308India4.93
Tata Consultancy Services Ltd311India3.03
Mahindra & Mahindra Ltd102India2.68
InterGlobe Aviation Ltd310India2.60
Nestle India Ltd205India2.50
Reliance Industries Ltd309India2.42
Jubilant Foodworks Ltd102India2.41
 
Increase Decrease New since last portfolio
Category: India Equity
 
Management
Name of CompanyLiontrust Fund Partners LLP
Phone+352 464010600
Websitewww.liontrust.co.uk
AddressLiontrust Fund Partners LLP
 London   NULL
 United Kingdom
DomicileUnited Kingdom
Legal StructureOpen Ended Investment Company
UCITSYes
Inception Date29/12/2006
Fund Advisor(s)
Liontrust Investment Partners LLP
Fund ManagerEwan Thompson
Manager Start Date11/12/2018
Career Start Year2006
Education
2003, University of Oxford, B.A.
 
Biography
Ewan manages the Liontrust Emerging Markets Fund and the Liontrust India Fund. Ewan previously managed these funds at Neptune Investment Management, before moving to Liontrust in October 2019. Ewan also leads the team’s research on the metals and mining sectors. Prior to joining Neptune in 2006, he worked as an editor for Yale University Press. Ewan graduated from Oxford University in 2003 with a degree in English.
Fund ManagerThomas Smith
Manager Start Date08/02/2023
Career Start Year2009
Education
Wabash College, B.A.
St. Louis University Law School, J.D.
St. Louis University Business School, M.B.A.
 
Biography
Thomas manages the Liontrust Russia Fund and the Liontrust Latin America Fund. Thomas joined Liontrust in October 2019 as part of the company’s acquisition of Neptune Investment Management. He also leads the team’s research on the energy and utilities sectors and has a Master’s degree in Chemistry from the Oxford University.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge0.75%
Ongoing Charge0.89%
Purchase Details
Minimum Investments
Initial250000  GBP
Additional-
Savings-
Tax Free Savings Schemes
ISAsYes