LU2032729951
Goldman Sachs India Equity Portfolio Fund

  • Equities
  • India
  • SGD Cash
  • Accumulating
Invest with
SGD Cash
Payout type
Accumulating
Risk rating
6
About this fund
Description
The Portfolio will mostly hold shares or similar instruments relating to Indian companies. Such companies are either based in or earn most of their profits or revenues from India. The Portfolio may also invest in companies which are based anywhere in...
Key information
Annual report
Product Highlight Sheet
Prospectus
Information Memorandum
Factsheet
Our perspective
Why we think this fund is best-in-class
product
Product
Well diversified fund with 70-100 names, providing holistic exposure to India equities across sectors, market capitalisations, with allocations to both public and private sector companies.The Fund is tilted towards small and (SMID) capitalisation companies, a reflection of the relative attractiveness of the alpha opportunities that this relatively inefficient segment presents.
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people
People
Managed by the India Equity research team, comprising five experienced research analysts based in Mumbai and helmed by Hiren Dasani, lead portfolio manager. The team has an average of 18 years of investment experience.
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performance
Performance
Strong and consistent performance driven by stock selection, with a history of outperforming its benchmark, MSCI India IMI Index on a 5, 10 and 15 year basis (as of end-Dec 2023).The Fund is growth tilted and may outperform in times of market exuberance, and underperform when rotations to value occur.
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process
Process
The two critical elements to the Fund’s investment philosophy are business & valuation. These are reflected in the Fund's robust investment process where analysts perform bottom up fundamental research on industry characteristics, management and business quality to identify companies that are able to generate sustainably high returns on incremental capital investment. A cash flow-based analysis is then conducted to determine the stock’s intrinsic value.
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cost
Cost
Access to the retail share class with 100% trailer fee rebated back to Endowus investors to achieve a lower cost of access.
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selectionCriteria
How it fits in a portfolio
Investors who seek exposure to a broad diversified portfolio of Indian equities, may choose to consider the fund as a satellite holding within a globally diversified portfolio.Investors should be comfortable with the accompanying geographical concentration
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Invest in this fund
Performance
Shows the total return of this accumulating fund, which includes dividends reinvested.
Total returns
All Time
91.13%
YTD
-12.71%
1 month
-3.38%
6 month
3.96%
1 year
-10.67%
3 year
22.96%
5 year
76.03%
As of Aug 2025
Distributions
This is an accumulating fund, so dividends are re-invested at the fund level.
Risk metrics
Max drawdown
-29.37%As of Aug 2025
Volatility
18.86%As of Aug 2025
Calendar returns
YearTotalJanFebMarAprMayJunJulAugSepOctNovDec
2025--7.9%-8.8%6.1%0.7%1.8%1.5%-2.6%-3.4%----
202423.9%4.6%1.7%-0.2%4.2%-0.5%8.5%2.7%-1.3%1.3%-2.3%2.0%1.3%
202322.9%-3.2%-0.7%-1.4%4.1%4.9%5.6%1.6%2.4%1.5%-1.7%4.4%3.9%
2022-16.7%-2.6%-5.4%2.6%-1.6%-8.5%-6.3%8.8%3.7%-1.6%0.4%0.5%-6.8%
202136.9%-1.2%6.5%3.2%-0.7%6.4%4.5%5.5%5.4%1.8%-1.5%-0.4%2.7%
Top Exposures
ICICI Bank Ltd6.03%
HDFC Bank Ltd3.81%
Infosys Ltd3.35%
Reliance Industries Ltd2.89%
Eternal Ltd2.71%
Mahindra & Mahindra Ltd2.51%
Bharti Airtel Ltd2.35%
Axis Bank Ltd2.33%
Bajaj Finance Ltd2.22%
Kotak Mahindra Bank Ltd1.94%
Sun Pharmaceuticals Industries Ltd1.84%
Tata Consumer Products Ltd1.47%
SBI Life Insurance Co Ltd1.44%
State Bank of India1.40%
Torrent Pharmaceuticals Ltd1.35%
Top exposures represent up to 15 of the fund's largest exposures for each category. Allocation percentages may not sum up to 100% and can include negative values due to rounding or trading activities by the underlying fund managers, including short positions.
Fund fees
1.93%1.06% p.a.
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Fund facts
ISIN
LU2032729951
Fund house
GSAM
Fund size
S$4.9B
As of 12 Sep 2025
Fund inception date
16 Aug 2019
Fund class currency
SGD
Fund share class
Other Currency Shares (Acc.) (SGD)
Oldest share class ISIN
LU0333810934
Oldest share inception date
26 Mar 2008
Pricing frequency
Daily

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