India Capital Growth - The show must go on

RNS Number : 1780V
India Capital Growth Fund Limited
09 December 2021
 

India Capital Growth - Update research from QuotedData

8th Dec 2021

 

The show must go on

 

India has attracted a lot of attention over 2021 as it has outperformed even the US, despite suffering from one of the deadliest waves of the COVID-19 pandemic earlier this year. Combined with improved stock selection and its new investment policy, India Capital Growth (IGC) has also seen its performance shine through.

The adviser, Gaurav Narain, highlights the start of a new economic cycle and the returning of profitability to Indian corporates, which had previously been at all-time lows. Meanwhile India is also benefiting from extra capital via the China Plus One strategy (a strategy where companies seek to diversify their supply chains beyond China so as to reduce risk - see page 7) and a government that is now prioritising growth over reform and giving extra support to private companies. These developments are particularly timely as IGC can enjoy increasing traction ahead of its redemption vote at the end of the year (see page 5).

 

Full research:

https://quoteddata.com/research/india-capital-growth-the-show-must-go-on-qd/

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