Morningstar Fund Report  | 10/04/2025Print

Liontrust India Fund C Acc USD

Performance History31/03/2020
Growth of 1,000 (GBP) Advanced Graph
Liontrust India Fund C Acc USD
Fund24.525.3-12.8-7.2-31.3
+/-Cat5.2-3.4-5.6-8.3-
+/-B’mrk-----
 
Category: India Equity
Category Benchmark: Morningstar India TME NR USD
Key Stats
NAV
15/04/2020		 USD 0.70
Day Change 0.09%
Morningstar Category™ India Equity
ISIN GB00BWK1S243
Fund Size (Mil)
28/02/2025		 GBP 85.71
Share Class Size (Mil)
28/02/2020		 USD 0.02
Max Initial Charge -
Ongoing Charge
31/12/2023		  0.89%
Investment Objective: Liontrust India Fund C Acc USD
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)15/04/2020
YTD-28.66
3 Years Annualised-15.10
5 Years Annualised-
10 Years Annualised-
12 Month Yield 0.00
Management
Manager Name
Start Date
Ewan Thompson
11/12/2018
Thomas Smith
08/02/2023
Inception Date
17/04/2015

Category Benchmark
Fund BenchmarkMorningstar Benchmark
MSCI India NR USDMorningstar India TME NR USD
Portfolio Profile for  Liontrust India Fund C Acc USD31/03/2025
Morningstar Style Box®
Equity Style
Asset Allocation
  % Long% Short% Net Assets
Stock99.520.0099.52
Bond0.000.000.00
Property0.000.000.00
Cash0.480.000.48
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 Services31.88
Consumer Cyclical14.64
Basic Materials9.65
Industrials9.33
Healthcare7.87
Top 5 HoldingsSector%
HDFC Bank LtdFinancial ServicesFinancial Services9.69
ICICI Bank LtdFinancial ServicesFinancial Services9.56
Bharti Airtel LtdCommunication ServicesCommunication Services5.05
Reliance Industries LtdEnergyEnergy4.32
Kotak Mahindra Bank LtdFinancial ServicesFinancial Services3.01
Increase Decrease New since last portfolio
Liontrust India Fund C Acc USD
Growth Of 1000 (GBP) 31/03/2020
Fund:  Liontrust India Fund C Acc USD
Category:  India Equity
Category Index:  Morningstar India TME NR USD
Growth of 1,000 GBP
Annual Returns (GBP)31/03/2020
 201620172018201931/03
Price Return24.5425.34-12.84-7.19-31.29
+/- Category5.25-3.37-5.62-8.32-
+/- Category Index-----
% Rank in Category1559859493
Trailing Returns (GBP)15/04/2020
   Total Returns   +/- Category   +/- Category Index
1 Day0.09   1.351.66
1 Week0.87   4.484.61
1 Month-15.69   -16.84-15.92
3 Months-32.48   -19.99-20.73
6 Months-25.82   -12.52-10.12
YTD-28.66   -16.25-17.02
1 Year-34.74   -30.04-24.46
3 Years Annualised-15.10   -20.37-19.28
5 Years Annualised-   --
10 Years Annualised-   --
 
Category: India Equity
Category Index: Morningstar India TME NR USD
Quarterly Returns (GBP)31/03/2020
 Quarter 1Quarter 2Quarter 3Quarter 4
2020-31.29---
20193.40-3.40-5.52-1.65
2018-10.671.41-7.193.65
201717.19-2.030.708.41
20160.7614.1313.50-4.58
2015---1.572.50
 
 
 
Morningstar Rating™(Relative to Category)-
 Morningstar ReturnMorningstar RiskMorningstar Rating™
3-Year--Not Rated
5-Year--Not Rated
10-Year--Not Rated
Overall--Not Rated
 
Category :  India EquityClick here to see our Methodology
Volatility Measurements31/03/2020
 
3-Yr Std Dev24.04 %
3-Yr Mean Return-13.24 %
 
3-Yr Sharpe Ratio-0.61
 
Modern Portfolio Statistics31/03/202031/03/2020
 Standard IndexBest Fit Index
 Morningstar India TME NR USD  Morningstar India TME NR USD
3-Yr Beta1.111.11
3-Yr Alpha-9.24-9.24
 
Investment Style Details31/03/2025
Morningstar Style Box®
Equity Style
SizeRel to Cat
Average Mkt Cap (Mil)GBP 20628-
Market Capitalisation% of Equity
Giant54.09
Large34.21
Medium11.71
Small0.00
Micro0.00
Valuations and Growth RatesEquity PortfolioRelative to Category
Price/Prospective Earnings23.681.41
Price/Book2.151.10
Price/Sales3.521.45
Price/Cash Flow24.042.10
Dividend-Yield Factor1.020.77
 
Long-Term Projected Earnings Growth59.223.00
Historical Earnings Growth17.980.83
Sales Growth14.451.06
Cash-Flow Growth10.521.61
Book-Value Growth17.920.93
 
Category: India Equity
Asset Allocation31/03/2025
Asset Allocation
 % Long% Short% Net Assets
Stock99.520.0099.52
Bond0.000.000.00
Property0.000.000.00
Cash0.480.000.48
Other0.000.000.00
World Regions31/03/2025
 % 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 Weightings31/03/2025
 % of EquityRelative to Category
Basic MaterialsBasic Materials9.651.71
Consumer CyclicalConsumer Cyclical14.640.94
Financial ServicesFinancial Services31.881.15
Real EstateReal Estate5.842.12
Consumer DefensiveConsumer Defensive2.020.32
HealthcareHealthcare7.870.88
UtilitiesUtilities2.931.71
Communication ServicesCommunication Services6.691.64
EnergyEnergy4.340.89
IndustrialsIndustrials9.330.90
TechnologyTechnology4.800.40
 
Category: India Equity
Top 10 Holdings31/03/2025
 Portfolio NEW
Total Number of Equity Holdings46
Total Number of Bond Holdings0
Assets in Top 10 Holdings43.72
NameSectorCountry% of Assets
HDFC Bank Ltd103India9.69
ICICI Bank Ltd103India9.56
Bharti Airtel Ltd308India5.05
Reliance Industries Ltd309India4.32
Kotak Mahindra Bank Ltd103India3.01
InterGlobe Aviation Ltd310India2.76
Bajaj Finance Ltd103India2.47
Sun Pharmaceuticals Industries Ltd206India2.30
Cholamandalam Investment and Finance ... 103India2.30
Blue Star Ltd310India2.26
 
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 Date17/04/2015
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