The Brief
The India 2030 Fund is a monthly‑priced, high‑conviction portfolio of 15–20 Indian companies aligned to 3–5 long‑term structural themes shaping India’s economy. Designed exclusively for sophisticated investors the fund seeks to outperform its objective by combining deep local research, disciplined stock selection and concentrated exposure to India’s most powerful multi‑decade growth drivers.
- High conviction portfolio
- For “sophisticated investors”* only
- The India 2030 Fund available through Mason Stevens sophisticated investor platform
* The classification is grounded in Section 708(8) of the Corporations Act 2001 and requires a qualified accountant’s certificate confirming that the investor meets specific financial thresholds.
Investment Objectives
“The Fund seeks to outperform its benchmark, the BSE 500 (Net) in AUD over rolling 7 year periods, with less volatility than the stated benchmark.”
Ways to invest
India 2030 Fund
$34.15m
BSE 500 (net) AUD
June 2025: $0.0665 per unit
14th January 2022
1.25% per annum
Priced monthly on last business day
15% of outperformance of the benchmark, with a high watermark
$100,000
Maximum of 20
Australian Dollar
Sophisticated Only
Equity Trustees Limited
India 2030 Fund
Sectors and Holdings
Performance
Sector Breakdown
Top 5 Holdings
Performance
31st May 2026
| 1 Month | 3 Months | 6 Months | 1 Year | 3 Year p.a. | Since Inception p.a.# | |
|---|---|---|---|---|---|---|
| India 2030 Fund* | 0.10% | -6.66% | -13.54% | -20.08% | 13.42% | 10.29% |
| BSE 500 (Net) AUD | -0.34% | -7.36% | -18.81% | -20.29% | 4.59% | 3.69% |
| Alpha | 0.44% | 0.70% | 5.27% | 0.21% | 8.83% | 6.60% |
All returns are calculated in AUD terms.
*Returns are calculated on NAV exit prices. Australian investors receive a partial credit of the capital gains and withholding taxes paid in India, in their annual tax refund.
#Inception date is 14/01/2022
Sector Breakdown
31st May 2026
Top 5 Holdings
31st May 2026
| Stock Name | Weight | Sector |
|---|---|---|
| Shriram Finance Ltd | 18.28% | Financials |
| Aurobindo Pharma Ltd. | 12.07% | Healthcare |
| Bharti Airtel Ltd. | 8.85% | Communication Services |
| Redington India | 7.78% | Information Technology |
| Granules India Limited | 6.42% | Healthcare |