Jupiter India Class I Acc
Report And Accounts
Simplified Prospectus / KIID
Performance
Discrete performance - to last month end
| 31/03/19 to 31/03/20 |
31/03/20 to 31/03/21 |
31/03/21 to 31/03/22 |
31/03/22 to 31/03/23 |
31/03/23 to 31/03/24 |
|
|---|---|---|---|---|---|
| Fund | -32.6% | 43.3% | 24.5% | 1.0% | 61.2% |
| Sector | -26.7% | 55.4% | 18.7% | -4.1% | 30.9% |
| Rank | 16/20 | 22/22 | 3/23 | 5/23 | 2/23 |
| Quartile | 4 | 4 | 1 | 1 | 1 |
Annualised performance
| Annualised | ||||
|---|---|---|---|---|
| 3 Years to 31/03/24 |
5 Years to 31/03/24 |
10 Years to 31/03/24 |
||
| Fund | 26.5% | 14.4% | 14.8% | |
| Sector | 14.2% | 11.2% | 13.5% | |
| Rank | 2/23 | 3/20 | 3/15 | |
| Quartile | 1 | 1 | 1 | |
Top 10 Holdings
| Stock | % Weight |
|---|---|
| GODFREY PHILLIPS INDIA | 5.67 |
| FORTIS HEALTHCARE (INDIA) LTD | 4.61 |
| HCL TECHNOLOGIES | 4.48 |
| HINDUSTAN PETROLEUM CORPORATION LIMITED | 4.32 |
| STATE BANK OF INDIA | 3.70 |
| LARSEN & TOUBRO LIMITED | 3.33 |
| INDIAN OIL CORP | 3.27 |
| BHARAT PETROLEUM CORP | 3.14 |
| INTERGLOBE AVIATION LIMITED | 3.09 |
| SUN PHARMACEUTICAL INDUSTRIES LIMITED | 3.06 |
| Total | 38.68 |
Fund Aims
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. A maximum of 10% in aggregate may be held in companies based in Pakistan, Sri Lanka and Bangladesh.
Fund Manager
Avinash Vazirani joined Jupiter in 2007 as Head of the South Asia Equities Team. He manages the Jupiter India Fund and the Jupiter India Select SICAV (which acquired the assets of the Peninsular South Asia Access Fund, which he ran from launch in July 1995). Prior to joining Jupiter, Avinash was CIO (South Asia and Africa) of BNP Paribas Asset Management; he later left to found Peninsular Capital Partners LLP in 2005, where he was Managing Partner. He was also the CEO of GEM Dolphin Investment Managers from 1994 until its sale in 1997. Avinash is a qualified Chartered Accountant.
Fund Overview
| Mid (26/04/2024) | 253.82p |
| Historic yield | 0.00% |
| Fund size (31/12/2023) | £945.53m |
| Number of holdings | 78 |
| Entry Charge | 0.00% |
| Ongoing Charges | 0.99% |
| Launch date | 19/09/2011 |
Asset Allocation
| International Equities | 95.26% | |
| Cash and Equivalents | 4.28% | |
| Property | 0.46% |
Important Information
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Asset Allocation
| International Equities | 95.26% | |
| Cash and Equivalents | 4.28% | |
| Property | 0.46% |
Equity Sector Breakdown
| Industry | Supersector | Sector | Subsector | ||
|---|---|---|---|---|---|
| Financials | 22.53% | - | - | - | |
| Banks | - | 14.32% | - | - | |
| Banks | - | - | 14.32% | - | |
| Banks | - | - | - | 14.32% | |
| Insurance | - | 4.74% | - | - | |
| Life Insurance | - | - | 3.68% | - | |
| Life Insurance | - | - | - | 3.68% | |
| Non-life Insurance | - | - | 1.05% | - | |
| Insurance Brokers | - | - | - | 0.66% | |
| Property & Casualty Insurance | - | - | - | 0.39% | |
| Financial Services | - | 3.48% | - | - | |
| Investment Banking & Brokerage Services | - | - | 2.01% | - | |
| Investment Services | - | - | - | 2.01% | |
| Finance & Credit Services | - | - | 1.46% | - | |
| Consumer Lending | - | - | - | 1.46% | |
| Industrials | 15.20% | - | - | - | |
| Industrial Goods & Services | - | 8.19% | - | - | |
| Industrial Transportation | - | - | 3.19% | - | |
| Transportation Services | - | - | - | 2.77% | |
| Commercial Vehicles & Parts | - | - | - | 0.42% | |
| Industrial Support Services | - | - | 2.33% | - | |
| Transaction Processing Services | - | - | - | 1.10% | |
| Industrial Suppliers | - | - | - | 1.05% | |
| Business Training & Employment Agencies | - | - | - | 0.18% | |
| Electronic & Electrical Equipment | - | - | 1.39% | - | |
| Electrical Components | - | - | - | 1.39% | |
| Industrial Engineering | - | - | 1.28% | - | |
| Machinery: Industrial | - | - | - | 0.72% | |
| Machinery: Agricultural | - | - | - | 0.56% | |
| Construction & Materials | - | 7.01% | - | - | |
| Construction & Materials | - | - | 7.01% | - | |
| Engineering & Contracting Services | - | - | - | 3.91% | |
| Cement | - | - | - | 3.10% | |
| Health Care | 11.81% | - | - | - | |
| Health Care | - | 11.81% | - | - | |
| Pharmaceuticals & Biotechnology | - | - | 6.06% | - | |
| Pharmaceuticals | - | - | - | 5.61% | |
| Biotechnology | - | - | - | 0.45% | |
| Health Care Providers | - | - | 5.75% | - | |
| Health Care Facilities | - | - | - | 5.75% | |
| Consumer Staples | 11.48% | - | - | - | |
| Food, Beverage & Tobacco | - | 10.14% | - | - | |
| Tobacco | - | - | 5.67% | - | |
| Tobacco | - | - | - | 5.67% | |
| Food Producers | - | - | 2.68% | - | |
| Food Products | - | - | - | 2.68% | |
| Beverages | - | - | 1.79% | - | |
| Soft Drinks | - | - | - | 1.12% | |
| Distillers & Vintners | - | - | - | 0.67% | |
| Personal Care, Drug & Grocery Stores | - | 1.34% | - | - | |
| Personal Care, Drug & Grocery Stores | - | - | 1.34% | - | |
| Personal Products | - | - | - | 1.34% | |
| Energy | 11.39% | - | - | - | |
| Energy | - | 11.39% | - | - | |
| Non-Renewable Energy | - | - | 11.39% | - | |
| Oil Refining and Marketing | - | - | - | 11.39% | |
| Consumer Discretionary | 9.41% | - | - | - | |
| Travel & Leisure | - | 4.76% | - | - | |
| Travel & Leisure | - | - | 4.76% | - | |
| Airlines | - | - | - | 3.09% | |
| Hotels & Motels | - | - | - | 1.66% | |
| Consumer Products & Services | - | 2.28% | - | - | |
| Personal Goods | - | - | 1.96% | - | |
| Luxury Items | - | - | - | 1.96% | |
| Leisure Goods | - | - | 0.31% | - | |
| Electronic Entertainment | - | - | - | 0.31% | |
| Retail | - | 1.19% | - | - | |
| Retailers | - | - | 1.19% | - | |
| Specialty Retailers | - | - | - | 1.19% | |
| Automobiles & Parts | - | 1.19% | - | - | |
| Automobiles & Parts | - | - | 1.19% | - | |
| Automobiles | - | - | - | 1.01% | |
| Tires | - | - | - | 0.18% | |
| Technology | 5.22% | - | - | - | |
| Technology | - | 5.22% | - | - | |
| Software & Computer Services | - | - | 5.22% | - | |
| Computer Services | - | - | - | 4.91% | |
| Consumer Digital Services | - | - | - | 0.31% | |
| Cash and Equivalents | 4.28% | - | - | - | |
| Basic Materials | 3.04% | - | - | - | |
| Basic Resources | - | 1.87% | - | - | |
| Industrial Metals & Mining | - | - | 0.89% | - | |
| Nonferrous Metals | - | - | - | 0.89% | |
| Industrial Materials | - | - | 0.71% | - | |
| Textile Products | - | - | - | 0.71% | |
| Precious Metals & Mining | - | - | 0.27% | - | |
| Gold Mining | - | - | - | 0.27% | |
| Chemicals | - | 1.18% | - | - | |
| Chemicals | - | - | 1.18% | - | |
| Chemicals: Diversified | - | - | - | 0.99% | |
| Specialty Chemicals | - | - | - | 0.18% | |
| Real Estate | 3.01% | - | - | - | |
| Real Estate | - | 3.01% | - | - | |
| Real Estate Investment & Services | - | - | 2.55% | - | |
| Real Estate Holding and Development | - | - | - | 2.55% | |
| Real Estate Investment Trusts | - | - | 0.46% | - | |
| Office REITs | - | - | - | 0.46% | |
| Telecommunications | 1.64% | - | - | - | |
| Telecommunications | - | 1.64% | - | - | |
| Telecommunications Service Providers | - | - | 1.64% | - | |
| Telecommunications Services | - | - | - | 1.64% | |
| Utilities | 0.98% | - | - | - | |
| Utilities | - | 0.98% | - | - | |
| Electricity | - | - | 0.98% | - | |
| Conventional Electricity | - | - | - | 0.98% | |
| Non-Classified | 0.00% | - | - | - | |
Regional Allocation
| Emerging Asia | 95.72% | |
| Cash and Equivalents | 4.28% |
Fixed Interest Currencies
| Non-Fixed Interest Assets | 97.14% | |
| Indian Rupee | 2.86% |
Regional Breakdown
| Region | Country | ||
|---|---|---|---|
| Emerging Asia | 95.72% | - | |
India
|
- | 95.72% | |
| Cash and Equivalents | 4.28% | - | |
Breakdown By Market Cap (%)
| Mega |
|
17.96% |
| Large |
|
28.86% |
| Medium |
|
23.23% |
| Small |
|
17.60% |
| Micro |
|
5.78% |
| Non-Classified |
|
2.29% |
| Cash |
|
4.28% |
Top 10 Holdings
| Stock | % Weight | Sector | Country | |
|---|---|---|---|---|
| 1 | GODFREY PHILLIPS INDIA | 5.67% | Tobacco | India |
| 2 | FORTIS HEALTHCARE (INDIA) LTD | 4.61% | Health Care Providers | India |
| 3 | HCL TECHNOLOGIES | 4.48% | Software & Computer Services | India |
| 4 | HINDUSTAN PETROLEUM CORPORATION LIMITED | 4.32% | Non-Renewable Energy | India |
| 5 | STATE BANK OF INDIA | 3.70% | Banks | India |
| 6 | LARSEN & TOUBRO LIMITED | 3.33% | Construction & Materials | India |
| 7 | INDIAN OIL CORP | 3.27% | Non-Renewable Energy | India |
| 8 | BHARAT PETROLEUM CORP | 3.14% | Non-Renewable Energy | India |
| 9 | INTERGLOBE AVIATION LIMITED | 3.09% | Travel & Leisure | India |
| 10 | SUN PHARMACEUTICAL INDUSTRIES LIMITED | 3.06% | Pharmaceuticals & Biotechnology | India |
Dual Aspect Equity Analysis
| UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
|---|---|---|---|---|---|---|---|---|---|
| Technology | - | 5.22% | - | - | - | - | - | - | 5.22% |
| Telecommunications | - | 1.64% | - | - | - | - | - | - | 1.64% |
| Financials | - | 22.53% | - | - | - | - | - | - | 22.53% |
| Real Estate | - | 2.55% | - | - | - | 0.46% | - | - | 3.01% |
| Consumer Discretionary | - | 9.41% | - | - | - | - | - | - | 9.41% |
| Consumer Staples | - | 11.48% | - | - | - | - | - | - | 11.48% |
| Energy | - | 11.39% | - | - | - | - | - | - | 11.39% |
| Utilities | - | 0.98% | - | - | - | - | - | - | 0.98% |
| Health Care | - | 11.81% | - | - | - | - | - | - | 11.81% |
| Industrials | - | 15.20% | - | - | - | - | - | - | 15.20% |
| Basic Materials | - | 3.04% | - | - | - | - | - | - | 3.04% |
| Cash and Equivalents | - | - | - | - | - | - | - | 4.28% | 4.28% |
| Non-Classified | - | - | - | - | - | - | - | - | - |
Important Information
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Identification Codes
| Sedol Code | B4TZHH9 |
| Mex Code | RWJASW |
| Isin Code | GB00B4TZHH95 |
| Citi Code | 09QF |
Fund Charges
| Entry Charge | 0.00% |
| Ongoing Charges | 0.99% |
Aims and Benchmark
| Aims | 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. A maximum of 10% in aggregate may be held in companies based in Pakistan, Sri Lanka and Bangladesh. |
| Benchmark | MSCI India |
| Benchmark Category | - |
| IA Sector | India/Indian Subcontinent |
Fund Background
| Valuation frequency | Daily |
| Valuation point | 12:00 |
| Fund type | Unit Trust |
| Launch price | £0.50 |
| Fund currency | Pound Sterling |
| Fund domicile | United Kingdom |
| ISA allowable | Yes |
| SIPP allowable | Yes |
Distribution Details
| Income frequency | Annually |
| Distribution Type | Dividend |
| Distribution Payment Basis | Net |
Distribution Dates
| Ex dividend date(s) | Income payment date(s) |
|---|---|
| 01 August | 30 September |
Ratings
| FE Crown |  |
Effect of Deductions
| Assuming a growth rate of 6.00% | Assuming a growth rate of 7.00% |
|---|---|
| - | - |
Fund Administration
| Fund Trustee/Depository | Northern Trust Global Services Limited |
| Fund Administrator | Northern Trust Global Services Limited |
| Fund Registrar | SS&C TECHNOLOGIES INC |
| Fund Custodian | The Northern Trust Company |
Group Details
| Group name | Jupiter Unit Trust Managers Limited |
| Group address | The Zig Zag Building, 70 Victoria Street, London, SW1E 6SQ |
| Group telephone | 020 3817 1063 |
| Dealing telephone | 0800 561 4000 |
| intermediary-sales-support@jupiteram.com | |
| Homepage | www.jupiteram.com |
| Fax number | 0800 561 4001 |
Dealing
| Minimum Investment | £5000000 |
| Minimum Top Up | £50000 |
| Minimum Regular Saving | - |
| Settlement Period: Buy | 3 days |
| Settlement Period: Sell | 3 days |
| Pricing Basis | Forward |
| Dealing Decimals | 2 |
Important Information
Ongoing charges may vary in the future and may be higher than they are now.
This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Risk Analysis
| Ratio | Value |
|---|---|
| Alpha | 7.54 |
| Beta | 1.06 |
| Sharpe | 1.52 |
| Standard Deviation | 15.11 |
| Info Ratio | 1.25 |
Risk Factors
| Risk Factor | Yes / No |
|---|---|
| Charges to Capital | No |
| Emerging Markets | Yes |
| Concentrated Portfolio | Yes |
| Smaller Companies | No |
| High Yield Bonds | No |
| Sector Specific | No |
| Geared Investments | No |
| Value of Investments | Yes |
| Investments Long Term | Yes |
| Property | No |
| Exchange Rate | Yes |
| Higher Risk | Yes |
| Performance Charges | No |
| Derivative Exposure | No |
| Offshore | No |
| Income Eroding Capital Growth | No |
| Umbrella Liabilities | No |
| New Fund | No |
| Solvency of Depository | No |
| Solvency of Bond Issuers | No |
| Ethical Restrictions | No |
| Liquidity | No |
| Returns Are Not Guaranteed | Yes |
| Inflation | Yes |
| Taxation and Tax Relief | Yes |
Fund Specific Risks
Emerging Markets
The fund invests in emerging markets. Generally less well regulated than the UK. There is an increased chance of political and economic instability with less reliable custody, dealing and settlement arrangements. The market(s) can be less liquid. If a fund investing in markets is affected by currency exchange rates, the investment could either increase or decrease. These investments therefore carry more risk.
Concentrated Portfolio
The fund may invest in a relatively smaller number of stocks. This stock concentration may carry more risk than funds spread across a larger number of companies.
Value of Investments
The value of investments, and any income can fall, as well as rise, so you could get back less than you invested. Neither capital nor income is guaranteed.
Investments Long Term
Investments should be regarded as long term and are not suitable for money which may be needed in the short term, you should always have a sufficient cash reserve.
Exchange Rate
This fund invests in securities outside the UK. The value of investments and any income from them may therefore decrease or increase as a result of changes in exchange rates between currencies.
Higher Risk
This fund is specifically aimed at sophisticated investors and is particularly high risk, because it concentrates on a region that may be exposed to unusual political or economic risks. You should only invest if you are comfortable with the specific risks pertaining to the fund in question. If you are not familiar with these you should ask us for a copy of the provider's key features and brochure.
Returns Are Not Guaranteed
What you receive when you sell your investment is not guaranteed; it depends on how your investments perform.
Inflation
Inflation will reduce the real value of your investments in future.
Taxation and Tax Relief
Levels of taxation and tax relief are subject to change.
Important Information
The risk factor definitions are provided by Broadridge. These definitions may differ from those of Prudential or any underlying fund manager. The data itself is provided by Prudential or the underlying fund manager. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Important Information
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of ongoing charges, but take no account of product charges. Ongoing charges may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in GBP with income reinvested. The value of your client’s investment can go down as well as up and the amount your client gets back may be less than they put in. This factsheet is for investment professionals and is for information purposes only. Should you wish to present any of this content to your client, please refer to similar pages on pru.co.uk. You should refer to your client’s policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage. "Prudential" is a trading name of The Prudential Assurance Company Limited, which is registered in England and Wales. Registered office at 10 Fenchurch Avenue, London EC3M 5AG. Registered number 15454. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.