The Fund aims to provide long-term capital appreciation by investing in equity and equity-related securities of companies listed on stock exchanges in India or closely related to the economic development and growth of India.
Offers investors exposure to a concentrated portfolio (40-50 stocks) of companies listed on stock exchanges in India or closely related to the economic development and growth of India. No market cap constraints, with a bias toward large-cap but retains flexibility. Also unconstrained by sector, enabling conviction-driven capital allocation across India.
PineBridge Investments has been acquired by MetLife Investment Management, which brings over 150 years of investment experience. The combined firm now manages more than $700 billion in assets under management. Managed by veteran portfolio manager Elizabeth Soon, Head of Asia ex-Japan Equities with over 35 years of investing experience. She works closely with and is further supported by Pinebridge's on-the-ground Indian team. The team has an average industry experience of over 19 years and has been with the firm for an average of 10 years.
Strong performance over the longer term while also providing good downside control. Since inception, the fund has outperformed the index (MSCI India Index) on a net-of-fee basis.
The Fund's equity research process, also known as Lifecycle Categorization Research (LCR), is a framework that unlocks alpha opportunities by capturing the dynamic nature of a company's growth outlook beyond market-consensus views. In line with the Fund's investment philosophy, LCR is independent of growth or value investment styles and seeks to deliver the majority of alpha from security selection.
Endowus offers retail share class with 100% trailer fee rebated back to Endowus investors to achieve lower cost of access.
Investors looking for meaningful exposure to a concentrated portfolio of Indian companies can consider this Fund as a satellite allocation in tandem with a core portfolio. Investors should remain mindful that the Fund is a regional equity strategy and will likely experience periods of heightened volatility and drawdowns. Additionally, the Fund is concentrated rather than in a broader diversified basket which may involve country-specific and stock-specific risks.
Daily data. Returns as of 07 Nov 2026.
| Year | Total | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
| 2026 | - | -5.0% | 1.5% | -12.3% | 4.7% | 1.3% | 2.3% | -0.3% | 0.0% | -5.1% | -0.0% | - | - |
| 2025 | -4.3% | -4.9% | -8.8% | 8.1% | -0.1% | 2.9% | 0.6% | -2.1% | -2.4% | 1.3% | 4.6% | -1.1% | -1.4% |
| 2024 | 12.2% | 3.5% | 0.7% | 0.6% | 4.2% | 0.4% | 5.6% | -0.3% | -3.0% | -0.9% | 0.6% | 1.6% | -1.1% |
| 2023 | 21.5% | -1.7% | 0.3% | -0.8% | 3.4% | 2.9% | 3.7% | 0.9% | -0.2% | 4.6% | -1.8% | 3.1% | 5.5% |
| 2022 | -15.2% | -4.1% | -3.6% | 1.2% | 1.2% | -7.6% | -4.8% | 6.6% | 3.5% | -2.3% | -1.6% | 1.7% | -5.7% |
| Load more | 5 of 14 | ||||||||||||
| Indian Bank | 7.13% |
| Bank of Baroda | 6.55% |
| Waaree Energies Ltd | 5.56% |
| Bajaj Auto Ltd | 5.00% |
| Polycab India Ltd | 4.98% |
| Infosys Ltd ADR | 4.63% |
| Tata Consultancy Services Ltd | 4.19% |
| HDFC Bank Ltd ADR | 3.78% |
| Caplin Point Laboratories Ltd | 3.68% |
| Shree Cement Ltd | 3.64% |
| Union Bank of India | 3.37% |
| AIA Engineering Ltd | 3.14% |
| Cognizant Technology Solutions Corp Class A | 3.10% |
| Bank of India | 3.02% |
| Reliance Industries Ltd | 2.98% |
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