ANII Stock Discussion

Aberdeen New India Investment Trust Plc Description

Aberdeen New India Investment Trust PLC, formerly New India Investment Trust PLC, is an investment trust. The Company's investment objective is to provide shareholders with long-term capital appreciation by investment in companies, which are incorporated in India, or which derive significant revenue or profit from India, with dividend yield from the Company being of secondary importance. The Company primarily invests in Indian equity securities. It may also invest in open-ended collective investment schemes and closed-end funds, which invest in India and are listed on the Indian stock exchanges. It invests not more than 15% of its gross assets in other listed investment companies. It invests in various sectors, such as information technology, energy, financials, consumer discretionary, consumer staples, healthcare, industrials and materials. Aberdeen Asset Management Asia Limited is the Company's investment manager.

Sector: Financial Services
Industry: Asset Management
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