Die besten Indien Aktienfonds

In einer aktuellen Analyse der besten Indien Aktienfonds - gereiht nach Performance 5 Jahre in % p.a. - liefern Fondsmanager von BNP Paribas, Comgest, AllianceBernstein und Schroders interessante Antworten auf Fragen von e-fundresearch.com zum Investmentprozess, Beurteilung der Märkte, aktuellen Gewichtungen und Performance (Top-10 Fonds, YTD +15,55 Prozent).

e-fundresearch: "Which macroeconomic factors are currently most important for Indian equities?"

Manish Shah, Fund Manager, "Comgest Growth India US Dollar" (ISIN: IE00B03DF997) (26.09.2012): "India’s persistently high inflation coupled with a fiscal deficit have been strong headwinds for investors in Indian equities. As the growth rate has slowed, investors have become increasingly concerned by the lack of government action. Fortunately, the government has finally come to realise that 7% growth rates are not pre-ordained and have proposed measures to invigorate business investment. These measures include, the opening up of modern retail and airlines to foreign ownership; an increase in fuel prices and the restructuring of the State Electricity Boards loans. If these measures are implemented either in full or partially, investment should accelerate and this would be a positive for Indian equities."

Rajeev Eyunni, Senior Research Analyst, "AllianceBernstein-India Growth Portfolio AX USD" (ISIN: LU0047987325) (26.09.2012): “While downward earnings revisions may continue in the near-term due to global concerns and a domestic macro slowdown, solid domestic demand and infrastructure investments should support corporate earnings growth. Inflation is likely to start easing from now on, which would be supportive of a less restrictive monetary policy.”

Simon Godfrey, Investment Specialist Emerging Markets, "BNP Paribas L1 Equity India C C" (ISIN: LU0377088363) (25.09.2012): "The key macroeconomic indicators we are looking at are GDP growth, inflation and fiscal deficit.

- A pickup in the GDP growth estimates from FY’14, after a dip in the growth in FY’13 is going to be a key driver for Indian equities.

- A major challenge India has, different to other economies witnessing slowing growth, is high Inflation. With Inflation around ~ 7.5 % the Indian central bank RBI (Reserve Bank of India) has limited room for interest-rate cuts in an economy growing at near to its slowest pace in three years. The latest government actions will go a long way in assuring the central bank that it too is keen on improving the fiscal scenario. The market is expecting a 50 basis points rate cut by RBI sooner rather than later.