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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| New India Investment Trust | NII | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 373.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 373.00 |
| Top Posts |
|---|
Posted at 16/1/2017 09:47 by what is a login ? I see that NII has now become ANII. |
Posted at 21/8/2016 09:15 by shavian I disagree hpgc. Modi has at last forced through his major reform of regional taxation which will sweep away inter-state customs and tariffs, making trade and transport within India much easier, albeit from a traditionally dreadful mess. Secondly overseas retailers are starting to get permission to infiltrate and reform all levels of commerce. The potential for improvement is enormous. It always has been, but now the government is starting to unlock the doors to progress. For me, NII is a buy, accumulate and hold. I also like Stewart Investors Asia Pacific Sustainability fund in the OEIC space, as it is more diversified but with 35% currently in India |
Posted at 06/7/2016 06:12 by shavian I'm amazed that nobody seems to follow NII on ADVFN. India under Modi is modernising rapidly, and now the fall in Sterling is benefiting UK holders. With Sterling forecast by some to fall to $1.15 or even parity the prospects seem good. |
Posted at 31/5/2015 16:46 by tenapen With thanks to logonair on the JII thread for posting.loganair 31 May'15 - 12:06 - 1902 of 1902 0 0 Adrian Lim keeps cool after India's stellar run - India was one of the best performing stock markets last year, but as its strong rally stutters, New India manager Adrian Lim remains optimistic. Lim, who manages New India (NII) investment trust, travels to India four or five times a year, each time seeing up to 25 companies a week. The frustrations of India’s infrastructure and the red tape can make such trips challenging, while the sheer noise of the country, in macroeconomic terms, creates its own difficulties. But this could also be valuable, insists Lim, who has now been at the helm of the trust for a decade. ‘India is a good place to pick stocks because what grabs the headlines may not make money on a long-term basis,’ said Lim. ‘Looking beyond the noise and focusing on fundamentals comes down to experience and doing your work diligently on the companies themselves. You try not to get carried away.’ The International Monetary Fund predicted in January that India would be the fastest growing major economy in 2016, with its growth rate overtaking China, although that partly reflects slowing growth in the latter. ‘It has a young population, growing middle class, consumption rising quickly from a low base and a huge talent pool that’s well educated and can speak English,’ said Lim (pictured), who joined Aberdeen Asset Management in 2000 as a private equity manager. Getting the best out of Indian growth for investors entails finding reasonably valued companies that the trust can hold onto for the long term. Investors have to accept that by nature India is a ‘messy, volatile market’, according to Lim. ‘But the long-term fundamentals are strong and there’s lots of underlying growth that you don’t need to take a lot of risk to participate.’ Big on Banks: Kotak Mahindra Bank (KTKM.NS) (JII 5th Largest Investment), India’s fourth largest private sector bank by market cap. ‘It was founded by Uday Kotak, a self-made man, who has been building a finance and banking franchise for the last 25 years,’ said Lim. ‘He has built a professional, competent team and it has grown steadily in the face of a lot of competition.’ India remains a challenging backdrop in the wake of a cyclical downturn and an ineffective previous government. Last year’s election of Narendra Modi’s Bharatiya Janata Party (BJP), which pledged to embark on wide-ranging economic reforms, raised expectations that it has struggled to keep a lid on. ‘The government is more business friendly, but while the economy has recovered somewhat, it’s still going through a natural course of growth and contraction,’ said Lim. Many of the policies implemented by Modi need time to work, to the disappointment of those who have ploughed capital into the country but are now becoming impatient for change. Lim is ‘optimistic Among the developments being watched closely is the move towards a VAT-style goods and services tax. ‘It’s not easy to implement because you need agreement between the government and the different states and there’s naturally a lot of tension over tax revenue,’ said Lim. ‘States need to be confident not only that the whole pot will grow, but also that their portion will increase.’ |
Posted at 17/4/2015 13:02 by swsmith20 From the LSE board:SP down on Tata dataTaking a bit of a hit, NII has ~7% in Tata consultancy, hopefully they are reducing their holding. Should blow over. |
Posted at 31/7/2014 13:48 by m.t.glass I've included NII on a thread showing a dozen UK-listed stocks with exposure to India. |
Posted at 27/5/2010 08:33 by david77 Yes - I bought (15 April) NII following a MoneyWeek tip (9 April, issue 481 page 24):"Cris Sholto Heaton looks at where you should put your money to make the most of the Asian consumer boom." "The funds worth focusing on" "Well-constructed Asia funds aren't easy to find. Aberdeen Asset Management seems to try harder than most providers. Its New India InvestmentTrust (LN: NII) has around 12% in healthcare, 9% in consumer staples and 8% in consumer discretionary. It also leaves out some of the firms with the worst governance. ..." |
Posted at 26/5/2010 07:03 by shavian Wow - what a busy thread! Back here for the first time since '07, and my post is still on the same page. Missed out on the steady rise since March 09 and loking at this correction as a way to come back in. Prior to the crisis NII was outperformed by JII; since March 09 it has been the other way round. Any ideas why? |
Posted at 14/10/2009 19:18 by blue_max Price is on an upward trend.India story is remain strong. NII Warrants only till 30 June 2010 but offer excellent gearing in the meantime. Trades suggest someone is soaking up the sells |
Posted at 17/1/2006 14:27 by mattybuoy NII isn't an index tracker. They have a "bottom up stock-picking" philosophy. You can find all about it at their website. It's all large and mid caps mind you so there is a reasonable correlation with the index.I am hoping for a correction from these heady heights before getting in via the warrants. |
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