Morningstar Fund Report  | 07/04/2025Print

Jupiter India L Acc

Performance History31/03/2025
Growth of 1,000 (GBP) Advanced Graph
Jupiter India L Acc
Fund34.44.230.123.2-5.9
+/-Cat7.24.414.68.22.6
+/-B’mrk6.9-0.115.111.5-0.2
 
Category: India Equity
Category Benchmark: Morningstar India TME NR USD
Key Stats
NAV
07/04/2025		 GBX 215.01
Day Change -2.56%
Morningstar Category™ India Equity
IA (formerly IMA) Sector India/Indian Subcontinent
ISIN GB00B2NHJ040
Fund Size (Mil)
16/07/2024		 GBP 1803.32
Share Class Size (Mil)
04/04/2025		 GBP 28.98
Max Initial Charge -
Ongoing Charge
20/03/2025		  1.75%
Morningstar Research
Analyst Report18/09/2024
Ramanand Kothari, Senior Analyst
Morningstar, Inc

The Jupiter India strategy benefits from a manager with extensive experience in the space. Its intrepid approach, which has some inherent biases, has stayed consistent despite challenges to its performance. However, shrinking resources within the...

Click here to read this analyst report on the underlying fund.
Morningstar Pillars
People23
Parent23
Process23
Performance
Price
Investment Objective: Jupiter India L Acc
To provide a return, net of fees, higher than that provided by the MSCI India Index over the long term (at least five years). At least 70% of the Fund is invested in shares of companies based in India. Up to 30% of the Fund may be invested in other assets, including shares of companies based anywhere in the world, open-ended funds (including funds managed by Jupiter and its associates), cash and near cash.
Returns
Trailing Returns (GBP)07/04/2025
YTD-10.01
3 Years Annualised14.84
5 Years Annualised21.56
10 Years Annualised8.15
12 Month Yield 0.00
Management
Manager Name
Start Date
Avinash Vazirani
29/02/2008
Colin Croft
12/07/2021
Inception Date
29/02/2008

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI India NR LCLMorningstar India TME NR USD
Portfolio Profile for  Jupiter India L Acc28/02/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.320.0099.32
Bond0.000.000.00
Property0.000.000.00
Cash3.703.020.68
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 Services24.19
Healthcare14.21
Consumer Defensive12.96
Energy10.91
Industrials10.61
Top 5 HoldingsSector%
Godfrey Phillips India LtdConsumer DefensiveConsumer Defensive6.73
InterGlobe Aviation LtdIndustrialsIndustrials4.63
Fortis Healthcare LtdHealthcareHealthcare4.57
HCL Technologies LtdTechnologyTechnology4.55
State Bank of IndiaFinancial ServicesFinancial Services4.35
Increase Decrease New since last portfolio
Jupiter India L Acc
Growth Of 1000 (GBP) 31/03/2025
Fund:  Jupiter India L Acc
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-20.66-6.160.1234.454.1630.1423.19-5.93
+/- Category-13.44-7.30-9.837.174.4514.638.152.64
+/- Category Index---6.89-0.1015.0811.48-0.20
% Rank in Category98919522184919
Trailing Returns (GBP)07/04/2025
   Total Returns   +/- Category   +/- Category Index
1 Day-2.56   -2.16-0.14
1 Week-4.34   -1.920.68
1 Month2.39   -1.131.90
3 Months-8.97   4.051.70
6 Months-8.86   1.884.35
YTD-10.01   1.240.45
1 Year-4.66   -2.193.10
3 Years Annualised14.84   9.069.67
5 Years Annualised21.56   2.743.62
10 Years Annualised8.15   -0.13-0.98
 
Category: India Equity
Category Index: Morningstar India TME NR USD
Quarterly Returns (GBP)31/03/2025
 Quarter 1Quarter 2Quarter 3Quarter 4
2025-5.93---
202414.197.202.81-2.11
2023-7.1112.9412.4810.28
2022-3.47-7.7219.53-2.17
20215.0710.8413.761.48
2020-26.0216.473.5512.22
 
 
 
Morningstar Rating™(Relative to Category)31/03/2025
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-YearHighHigh5 star
5-YearHighHigh5 star
10-YearAverageAbove Average3 star
OverallAbove AverageHigh4 star
 
Category :  India EquityClick here to see our Methodology
Volatility Measurements31/03/2025
 
3-Yr Std Dev15.93 %
3-Yr Mean Return19.05 %
 
3-Yr Sharpe Ratio0.86
 
Modern Portfolio Statistics31/03/202531/03/2025
 Standard IndexBest Fit Index
 Morningstar India TME NR USD  Morningstar India TME NR USD
3-Yr Beta0.990.99
3-Yr Alpha9.139.13
 
Investment Style Details28/02/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 8280-
Market Capitalisation% of Equity
Giant30.09
Large43.66
Medium19.14
Small4.18
Micro2.93
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings13.280.79
Price/Book1.420.73
Price/Sales0.890.37
Price/Cash Flow5.880.51
Dividend-Yield Factor2.231.69
 
Long-Term Projected Earnings Growth14.470.73
Historical Earnings Growth37.141.71
Sales Growth10.560.78
Cash-Flow Growth-7.76-1.19
Book-Value Growth15.250.79
 
Category: India Equity
Asset Allocation28/02/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.320.0099.32
Bond0.000.000.00
Property0.000.000.00
Cash3.703.020.68
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 Materials1.070.19
Consumer CyclicalConsumer Cyclical9.260.60
Financial ServicesFinancial Services24.190.87
Real EstateReal Estate2.971.08
Consumer DefensiveConsumer Defensive12.962.07
HealthcareHealthcare14.211.60
UtilitiesUtilities1.540.90
Communication ServicesCommunication Services6.411.57
EnergyEnergy10.912.23
IndustrialsIndustrials10.611.03
TechnologyTechnology5.870.48
 
Category: India Equity
Top 10 Holdings28/02/2025
 Portfolio NEW
Total Number of Equity Holdings83
Total Number of Bond Holdings0
Assets in Top 10 Holdings42.82
NameSectorCountry% of Assets
Godfrey Phillips India Ltd205India6.73
InterGlobe Aviation Ltd310India4.63
Fortis Healthcare Ltd206India4.57
HCL Technologies Ltd311India4.55
State Bank of India103India4.35
Bharti Airtel Ltd308India4.28
Bharat Petroleum Corp Ltd309India3.83
Northern Trust Global Sterling DIreland3.34
Patanjali Foods Ltd205India3.31
Indian Oil Corp Ltd309India3.22
 
Increase Decrease New since last portfolio
Category: India Equity
 
Management
Name of CompanyJupiter Unit Trust Managers Ltd
Phone+44 20 3817 1000
Websitehttp://www.jupiteram.com
AddressThe Zig Zag Building
 London   SW1E 6SQ
 United Kingdom
DomicileUnited Kingdom
Legal StructureUnit Trust
UCITSYes
Inception Date29/02/2008
Fund Advisor(s)
Jupiter Asset Management Limited
Fund ManagerAvinash Vazirani
Manager Start Date29/02/2008
Career Start Year1997
 
Biography
Avinash Vazirani joined Jupiter in 2007 as head of the South Asia Equities Team. He manages the Jupiter India Select Sicav,(with assets rolled over from Peninsular South Asia Access Fund, managed by Avinash since launch in July 1995).Prior to joining Jupiter, Avinash was CIO (South Asia and Africa) of BNP Paribas Asset Management before he left to found Peninsular Capital Partners LLP in 2005, where he acted as Managing Partner. He was the CEO of GEM Dolphin Investment Managers from 1994 until its sale in 1997. Avinash qualified as a Chartered Accountant in 1986.Avinash has managed the Jupiter India Fund since launch in February 2008. Avinash is a qualified Chartered Accountant (ACA 1986).
Fund ManagerColin Croft
Manager Start Date12/07/2021
Education
London Business School, M.B.A.
 
Biography
Colin joined Jupiter in August 2006 and is currently a fund manager in the Emerging Markets team. He manages the Jupiter Emerging European Opportunities Fund (Unit Trust). Colin has an Executive MBA from the London Business School.
Fees and Expenses
Sales Charges (Maximum) 
Max Initial Chargen/a
Max Exit Charge*n/a
Annual Charges
Max Annual Management Charge1.74%
Ongoing Charge1.75%
Purchase Details
Minimum Investments
Initial500  GBP
Additional250  GBP
Savings50  GBP
Tax Free Savings Schemes
ISAsYes