Morgan Stanley India Investment Fund, Inc. (NYSE: IIF) is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity and equity-related securities of companies domiciled in India or that derive a majority of their revenues or profits from India. The fund provides U.S. investors with access to what Morgan Stanley identifies as one of the fastest-growing and most dynamic markets in the world, targeting established and emerging companies across sectors such as financials, information technology, consumer discretionary and industrials.
Since its inception, the fund has employed a disciplined, bottom-up investment approach, combining fundamental research with rigorous risk management. Portfolio managers select stocks based on company-specific catalysts, earnings growth potential and valuation considerations, while also allocating to derivative instruments—including exchange-traded funds, American depository receipts and equity futures—to achieve desired exposure and manage liquidity. The fund’s use of modest leverage under normal market conditions seeks to enhance returns over the long term.
Headquartered in New York, with a dedicated research team based in Mumbai, Morgan Stanley India Investment Fund leverages the global resources of Morgan Stanley Investment Management. The team blends on-the-ground insights from local analysts and sector specialists with macroeconomic research to assess policy developments, demographic trends and consumer behavior driving India’s economic expansion. The fund’s shares trade on the New York Stock Exchange, offering daily liquidity to investors seeking diversified exposure to Indian equities through a single security.
Originally launched in the late 1990s as part of Morgan Stanley’s effort to provide international investors with targeted country exposure, the fund has navigated multiple market cycles, adapting its sector weightings and stock selection criteria as India’s economy evolves. Leadership is anchored by experienced portfolio managers and supported by a broader team of analysts, risk professionals and trading specialists, all dedicated to capitalizing on India’s secular growth potential while maintaining disciplined portfolio construction practices.
AI Generated. May Contain Errors.
