India Avenue Equity Fund
The India Avenue Equity Fund provides a diversified exposure across high quality Indian corporate success stories as well as to companies which are less known, but with the potential to be tomorrow’s leading companies
A long-term investment, in a well-diversified portfolio of companies, listed predominantly on India’s stock exchanges. The Fund provides exposure to large, already successful companies growing strongly given India’s fundamentals as well to companies which are under-researched and less known, but with the potential to be tomorrow’s leading companies given an ecosystem highly conducive to growth. The Fund is suitable for both for institutional and retail clients with an investment horizon of 5-7 years and looking to participate and benefit from India’s growth story.
India Avenue Equity Fund
India Avenue Equity Fund
The India Avenue Equity Fund, is an unlisted unit trust, which provides investors with exposure to 60-80 companies listed on India's stock exchanges.
The fund is actively managed and benefits from the experience of its founders and its robust networks in India.
APIR Code
H class ETL0478AU | AU60ETL04784
M class ETL0482AU | AU60ETL04826
L class ETL2814AU | AU60ETL28148
Buy-Sell Spread
0.35% / 0.35%
Management Fees
H class 1.50%
M class 1.10%
L class 0.95%
Performance Fees
H class 10%
M class 10%
L class 15%
of the excess return over the benchmark, with a high watermark
Latest Unit Price
Valuation Frequency
Historic NAV Prices
AUM
Fund Inception Date
Distribution Frequency
H class $ 0.1693 per unit
M class $ 0.1488 per unit
L class $ 0.1398 per unit
Yearly at 30 June
Currency
Benchmark
Fund Domicile
Responsible entity
Fund administrator
Fund auditor
Investment Objectives
“The Fund seeks to outperform its benchmark, the MSCI India (Net) in AUD over rolling 5 year periods, with less volatility than the stated benchmark ”
Lonsec Rating : Recommended*
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Fund Documents
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Target Market Document
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For Australian Investors
INVESTMENT VALUE GREATER THAN $50,000
Application Form for L Class & M Class
Australia PDS for L Class & M Class
Reference Guide
INVESTMENT VALUE LESS THAN $50,000
Application Form for H Class
Australia PDS for H Class
Reference Guide
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For New Zealand Investors
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Other Forms
31st December 2025
| AUD Returns | 1 Month | 3 Month | 6 Month | 1 Year | 2 Years p.a. | 3 Years p.a. | 5 Years p.a. | 7 Years p.a. | ITD p.a |
|---|---|---|---|---|---|---|---|---|---|
| IAEF - M Class* | -2.18% | 4.19% | -4.92% | -5.84% | 9.80% | 16.68% | 16.31% | 12.97% | 11.94% |
| MSCI India (Net) | -2.14% | 4.14% | -4.86% | -4.72% | 8.07% | 11.92% | 13.14% | 11.20% | 10.89% |
| Out/ Under performance | -0.05% | 0.05% | -0.06% | -1.12% | 1.73% | 4.75% | 3.17% | 1.77% | 1.06% |
| IAEF - M Class - M** | -2.28% | 3.87% | -5.84% | -7.68% | 7.35% | 14.07% | 13.79% | 10.86% | 10.07% |
| AUD Returns | 1 Month | 3 Month | 6 Month | 1 Year | 2 Years p.a. | 3 Years p.a. | 5 Years p.a. | 7 Years p.a. | ITD p.a |
|---|---|---|---|---|---|---|---|---|---|
| IAEF - H Class* | -2.18% | 4.18% | -4.92% | -5.87% | 9.51% | 16.42% | 16.08% | 12.78% | 11.41% |
| MSCI India (Net) | -2.14% | 4.14% | -4.86% | -4.72% | 8.07% | 11.92% | 13.14% | 11.20% | 10.73% |
| Out/ Under performance | -0.04% | 0.04% | -0.06% | -1.15% | 1.45% | 4.50% | 2.94% | 1.59% | 0.67% |
| IAEF - H Class** | -2.30% | 3.76% | -6.04% | -8.10% | 6.67% | 13.42% | 13.18% | 10.29% | 9.10% |
| AUD Returns | 1 Month | 3 Month | 6 Month | 1 Year | 2 Years p.a. | 3 Years p.a. | 5 Years p.a. | 7 Years p.a. | ITD p.a |
|---|---|---|---|---|---|---|---|---|---|
| IAEF - L Class* | -2.17% | 4.19% | -4.91% | -5.76% | 9.49% | 16.47% | 16.42% | ||
| MSCI India (Net) | -2.14% | 4.14% | -4.86% | -4.72% | 8.07% | 11.92% | 13.90% | ||
| Out/ Under performance | -0.04% | 0.06% | -0.05% | -1.04% | 1.42% | 4.55% | 2.52% | ||
| IAEF - L Class** | -2.25% | 3.91% | -5.76% | -7.45% | 7.18% | 14.02% | 13.99% |
*Net of fees, but before capital gains tax and withholding tax paid in India. Australian clients receive a partial credit of these taxes in their annual tax refund.
**Net of fees and all capital gains tax and withholding tax paid in India. Australian clients received a partial credit of these taxes in their annual tax refund.
Calculated based on exit NAV prices.
# Inception date for M Class is 6th September 2016 , H Class is 6th April 2017 and L Class is 19th April 2021.
| Stock Name | Weight | Sector |
|---|---|---|
| HDFC Bank Ltd | 6.12% | Financials |
| Bharti Airtel Ltd | 5.46% | Communication Services |
| Shriram Finance Ltd | 4.11% | Financials |
| Infosys Limited | 3.77% | Information Technology |
| Axis Bank Ltd | 3.46% | Financials |
| ICICI Bank | 3.40% | Financials |
| Bajaj Finance Ltd | 3.10% | Financials |
| Aurobindo Pharma Ltd | 2.32% | Healthcare |
| Redington (India) Ltd | 2.26% | Information Technology |
| State Bank Of India | 2.05% | Financials |
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FACTSHEET ARCHIVE
INDIA AVENUE EQUITY FUND TRADING HOLIDAYS
- +61 2 9071 0124
- IA@indiaavenue.com.au
- India Avenue Investment Management Pty. Ltd. AFSL 478233 | ABN: 38 604 095 954 Level 4, 261 George Street, Sydney NSW 2000, Australia.
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