Jpmorgan Indian Investment Share Discussion Threads

[tenapen] 17/12/2009 16:23

Hi field3,
On the last sell off it went through my 'stop' of £3.60 I banked the profit and was going to buy again at £3.30 ish but did not fall that far. I will certainly buy JII again as India is the future IMHO.

I do not hold but GKO looks another good India investment. If it falls to 100p im in. No advice intended

Best Wishes.

I still hold/add to my Jupiter India although it as just 'double topped' at 67p :-(

[field3] 17/12/2009 11:31

tenapen Any particular reason you are out of JII or is it the market in general?
I hold.

[tenapen] 14/11/2009 09:25

India is still focused on the highway to growth

The global slowdown has failed to divert India from its path to expansion, but reforms are needed. Nikhil Kumar reports

Cont.....

[tenapen] 13/10/2009 20:11

:: Flying ::




NEW DELHI: Foreign investors are rushing to India, which is coming out of the economic slowdown very fast, and giving a strong signal of
recovery. Foreign direct investment (FDI) inflow in August has gone up by 40.4% to $3.27 billion as against $2.3 billion in the same period last year.

FDI inflow got a push since July 2009, when it rose 55% to $3.5 billion over $2.25 billion in July 2008, according to RBI data. Because of the global financial crisis and economic slowdown, FDI fell sharply in the first two months of the current financial year - by over 37% to $2.3 billion in April 2009, from $3.8 billion in the same month last year.

Cont...

[tenapen] 09/10/2009 06:47

Infosys Q2 profit rises 7.5% at Rs 1,540 crore

Infosys Technologies on Friday reported 7.54% rise in consolidated net profit after tax at Rs 1,540 crore for the quarter ended September 30, 2009. The board declared an interim dividend of 200%.
-----------------------------------------------



JPMorgan Indian Investment Trust

1; Reliance Industries 12.2%
2; Infosys Technologies 10.0%
----------------------------------

Infosys is JII 2nd largest holding

[tenapen] 07/10/2009 06:54

OK JII is a bigger company than Jupiter India and like a train it will take longer to make that head of steam but the below comparisons show how slow JII have been to grow compared to Jupiter and NII for that matter.

JP Morgan,


Jupiter,

[tenapen] 05/10/2009 06:41

NEW DELHI: India has crossed the $100 billion milestone in FDI through equity since 2000 up to July this year testifying the country's increasing
profile as a safe and sound investment destination in the midst of the global financial crisis.

As much as 44% of the money came through the Mauritius route, apparently because the investors wanted to take advantage of India's double taxation avoidance treaty with the island nation.

The cumulative FDI inflows since 2000 and up to July 2009 amounted to $100.33 billion. The inflows in the first four months of the current financial year was $10.5 billion, according to data compiled by the Department of Industrial Policy and Promotion. The other big investors included Singapore, the US, UK and the Netherlands.

Cont....

[tenapen] 27/8/2009 20:11

US fund houses launch five India-specific ETFs
27 Aug 2009, 1238 hrs IST, Deeptha Rajkumar, ET Bureau

MUMBAI: American fund houses have launched five more India-specific exchange-traded funds (ETFs) to tap the growth potential of Asia's third-largest economy that defied the global recession to post an impressive growth rate of 6.7% last financial year.
Cont....

[tenapen] 21/8/2009 17:49

I hold JII and top up in a small way on the dips.



But i also invest monthly in Jupiter India Fund. It as been running since Feb 2008. Launched at 50p per unit it did fall to 30p and is back to 52p mid and holding steady.
The reason for posting is the fact that the Fund size as risen sharply in the last few days. Up from £m 52.6 to todays £m 81.1
My question is, would the change be due to the funds investments being re-rated upwards or as there been a sudden influx of money into the fund ?.

Thanks in advance for any ideas.

------------------------------------------------

A reply from Jupiter,

Thank you for your email of 22 August 2009.

The Jupiter India Fund has been steadily rising throughout the year due
to natural investments made within the fund and the performance of the
fund. The fund is up 47% YTD and this could be one of the main factors
behind the increase.

Should you have any further questions, please do not hesitate to contact
our Customer Services Team on 020 7314 7600 or
www.jupiteronline.co.uk/PI/CONTACTUS.htm

Yours sincerely

Customer Services

[tenapen] 19/8/2009 06:39

Taken from



Questor continues to prefer a broad investment in the Indian stock market to the Chinese market, but with question marks remaining over prospects for the rest of this year, the stance on JP Morgan Indian Investment Trust is now a hold, says the Telegraph.

[hectorp] 18/8/2009 08:21

Compared to JII and JMC ( china and India funds) this one seems to have recovered strongly already.
Japan has just come out of recession...

[arja] 17/8/2009 07:52

seems to be and also true that I managed to make 3 typing errors ! Indian market tumbling today but just reacting to dow futures !

[arja] 14/8/2009 17:50

this trust seems to underperform the index ! maybe they should stop switching and jyst sit on idex stocks ! ( smile ). But the they would have to take less management fees as nothing for them to do !

[hosede] 20/7/2009 16:55

Agree Tenapen - the China "stimulus" boom looks unsustainable to me - exports are down 30% They can't replace all that with internal consumption - not instantly anyway. India looks the better bet

[tenapen] 19/7/2009 18:40

I would not buy into China or Russia personaly.

Im building staks in three Indian stocks, JII being one of them.

Regards,

[hectorp] 18/7/2009 14:21

Maybe get back in at 200/240 sort of region in acouple of months.. or not!
China looks a good buy though.

[pacman88] 16/7/2009 19:18

Agree re 2010-11 but think will move down to fair value today before making progress as companies start delivering numbers in 2010/11.

[hectorp] 15/7/2009 11:28

Pity.. I was looking to buy back in for 2010-11. I'll monitor.

[pacman88] 06/7/2009 10:55

I expect JII to move downwards from here. Too much was built into the Indian market.

[mangal] 06/7/2009 10:09

Markets disappointed with the budget:


FM defends budget, says market expected too much

Commenting on the stock market's negative reaction to the Union Budget, Finance Minister Pranab Mukherjee has said the market may have expected too much from the country's annual financial document. The stock markets slipped sharply just as the finance minister progressed into his budget speech in Parliament on Monday and was at one point 5% down, mainly due to the lack of any major announcements.

"I had at the start of my speech said 'One budget speech won't address all the problems [that the economy faces]," Mukherjee said in an interview to Lok Sabha TV, adding that the budget was not the only instrument to address the economy's issues.

When asked why there were no marquee announcements in the budget on major issues like divestment, Mukherjee pointed out that he had given a policy statement but added it was not possible to set a divestment target.

On the country's deteriorating fiscal deficit situation - the finance minister raised the FY10 fiscal deficit estimate to 6.8% from 6.2% earlier - Mukherjee said it was possible to improve the fiscal deficit target in the next budget. Mukherjee added that he was hopeful of achieving 7% gross domestic product (GDP) growth of 7% in the fiscal year.