April 2019
The India Avenue Equity Fund’s fact sheet for the month ending April 2019 is now available for you to download.
In this month’s Fact Sheet:
-
- The largest national election in history has been taking place over the last few weeks with 900m people eligible to vote. We update our readers on page 2 on what’s at stake for PM Modi and what has happened so far
- The India Avenue Equity Fund was up 15.2% in the last 3 months. Strong stock selection and a broader participation of stocks in the rally saw the fund outperform by 1.3%
- With the cost of labour at half that of China’s and potential headwinds from trade wars, India’s manufacturing combined with technological prowess is building momentum