Morgan Stanley India Investment Fund, Inc. (IIF)
Morgan Stanley India Investment Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in New York City, NY, US. The stock last traded at $23.35, down 0.26% on the session, giving a market capitalisation of $223.3M. On trailing twelve-month figures it carries a trailing P/E of -36.48, a net margin of -129.7%. Its beta of 0.59 implies it has historically moved less than the broad market.
The Morgan Stanley India Investment Fund, Inc. is a U.S.-domiciled, closed-end equity mutual fund that began operations on December 22, 1993. It was initially established and is primarily managed by Morgan Stanley Investment Management Inc., with co-management responsibilities shared with Morgan Stanley Investment Management Company. The fund's strategy involves investing in the public equity markets of India, specifically targeting shares of companies spanning a wide array of diversified sectors. Its financial performance is benchmarked against the U.S. dollar-adjusted BSE National Index.
Morgan Stanley India Investment Fund, Inc. is most often compared with the following Financial Services names: