The IDFC India Equities Fund, which is Ucits compliant, is managed by the IDFC Asset Management Company – a specialist Indian investor with a qualitative investment process based on fundamental research.
Natixis said the fund will adopt a high conviction strategy, which will aim to take advantage of the continuing long term growth trend in the Indian economy. It will invest in a portfolio of 35 to 45 stocks of “leading companies as well as companies with scalable business models in sectors with high growth potential in India”.
The fund will identify key macro themes and trends through a top-down approach combined with bottom-up stock selection.
The new fund is distributed and marketed through NGAM International Distribution. Hervé Guinamant, chief executive of NGAM International Distribution, said: “We are launching the IDFC India Equities Fund in a context of increasing interest among investors for exposure to the growth potential of the Indian economy providing best in class products and solutions to our clients.”
