India Capital Growth Fund Ltd (IGC)

Category India Equity

This investment trust can be held in an Investment ISA, SIPP and Investment Account

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Sell

171.00p

Buy

175.00p

arrow-up1.00p (+0.59%)

Discount/Premium

-8.41%

Estimated NAV

186.704p

Prices updated at 12 Dec 2025, 16:35 GMT

Prices minimum 15 mins delay

Prices in GBX

Investment objective

The Company aims to achieve long term capital growth from investments in India and its subcontinent. The Company will invest in a diversified portfolio of quoted Indian companies and companies that earn a material part of their revenues from India. Returns are principally determined by the performance of the investments made by the Company. The Company has the ability to use borrowing to gear the portfolio to up to 25% of net assets. Gearing may magnify gains or losses experienced by the Company. To date the Company has not used its borrowing authority. Income distribution is not expected given the capital growth objective of the Company.

FTSE All-Share

-0.48%

LSE

Important notice: This product is based overseas and is not subject to UK sustainable investment labelling and disclosure requirements. Please refer to the FCA website which details further information in relation to sustainability disclosure requirements for retail clients.

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Company name

SVM Asset Management Ltd

Legal structure

Closed Ended Investment Company

Domicile

Guernsey

Fiscal year end

31 Dec 2025

Launch date

22 Dec 2005

Lead manager

Gaurav Narain

Lead manager start date

01 Nov 2011

Lead fund manager biography

Gaurav Narain has been Principal Adviser, to the Investment Manager, since November 2011, having been immersed in the Indian equity markets for the previous 18 years. He has held senior positions as both a fund manager and an equities analyst in New Horizon Investments, ING Investment Management India and SG (Asia) Securities India. He holds a Masters degree in Finance and Control and a Bachelor of Economics degree from Delhi University.

Head office

SVM Asset Management Ltd

6th Floor

Edinburgh

United Kingdom

EH2 3AH

+44 1312266699

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Company website

Important Information

Investment values, and income from investments, can go down as well as up, so you may get back less than you invest. This is not a personal recommendation for a specific investment. If you're not sure which investments are suitable for you, consult Fidelity's advisers or another authorised financial adviser. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

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