Matthews India Fund Insti Class (MIDNX)
Matthews India Fund Insti Class operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $23.53, up 0.09% on the session, giving a market capitalisation of $716.1M. Its beta of 0.52 implies it has historically moved less than the broad market.
Under normal circumstances, the fund seeks to achieve its investment objective by investing at least 80% of its net assets, which include borrowings for investment purposes, in publicly traded common stocks, preferred stocks and convertible securities of companies located in India. A company or other issuer is considered to be "located" in a country or a region, and a security or instrument is deemed to be an Indian security or instrument, if it has substantial ties to India.
Matthews India Fund Insti Class is most often compared with the following Financial Services names: