Morgan Stanley India Investment Fund (IIF) belongs to the Emerging Markets Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with IIF. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to IIF
IIF charges 0.01% annually. There are 2 mutual funds in the Emerging Markets Equities category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Emerging Markets Opportunities Fun... | 0.01% | — | Dec 2008 | IIF vs FEMSX | |
| Fidelity Series Emerging Markets Fund | 0.01% | — | Aug 2018 | IIF vs FHKFX | |
| The India Fund | 0.01% | — | Feb 1994 | IIF vs IFN | |
| The Korea Fund Inc | 0.02% | — | Aug 1984 | IIF vs KF | |
| Emerging Markets Dividend Fund | 0.04% | — | Jan 2013 | IIF vs EAD |
Best Risk-Adjusted Alternatives to IIF
IIF has a PortfoliosLab risk / return rank of 1. There are 41 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Emerging Markets Fund Class A | 98 | — | Jun 1996 | IIF vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 98 | — | Jun 1996 | IIF vs DEMCX | |
| The Korea Fund Inc | 98 | — | Aug 1984 | IIF vs KF | |
| William Blair Emerging Markets ex China Growth Fun... | 95 | — | Jul 2022 | IIF vs WXCIX | |
| Templeton Emerging Markets Fund | 95 | — | Feb 1987 | IIF vs EMF |
Top Performing IIF Alternatives (YTD)
IIF is at -13.53% YTD. There are 41 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 115.17%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| The Korea Fund Inc | 115.17% | — | Aug 1984 | IIF vs KF | |
| Nomura Emerging Markets Fund Class A | 107.50% | — | Jun 1996 | IIF vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 106.86% | — | Jun 1996 | IIF vs DEMCX | |
| William Blair Emerging Markets ex China Growth Fun... | 52.50% | — | Jul 2022 | IIF vs WXCIX | |
| Calamos Evolving World Growth Fund Class I | 49.35% | — | — | IIF vs CNWIX |
Lowest Volatility Alternatives to IIF
IIF has 15.74% 1-year volatility. There are 17 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 9.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Emerging Markets Dividend Fund | 9.25% | — | Jan 2013 | IIF vs EAD | |
| Fidelity SAI Emerging Markets Low Volatility Index... | 9.66% | — | Jan 2019 | IIF vs FGKPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.32% | — | — | IIF vs GQGIX | |
| Seafarer Overseas Value Fund Institutional Class | 12.05% | — | May 2016 | IIF vs SIVLX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | 13.19% | — | Nov 2011 | IIF vs FEDIX |
Lowest Drawdown Alternatives to IIF
IIF has a 1-year max drawdown of -24.05%. There are 40 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -6.93%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | IIF vs FGKPX | |
| Emerging Markets Dividend Fund | -8.16% | — | Jan 2013 | IIF vs EAD | |
| GQG Partners Emerging Markets Equity Fund Institut... | -9.11% | — | — | IIF vs GQGIX | |
| Fidelity Emerging Markets Discovery Fund | -9.54% | — | Nov 2011 | IIF vs FEDDX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | -9.55% | — | Oct 2018 | IIF vs FIQGX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, CPOAX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 5 | 0.37% | — | Apr 1991 | IIF vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 5 | 8.44% | — | Mar 1990 | IIF vs MACGX | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 6 | 5.94% | — | Jan 2002 | IIF vs CPOAX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 17 | 3.40% | — | Apr 2007 | IIF vs EDD | |
| Morgan Stanley Global Opportunity Portfolio Class ... | Global Equities | 2 | 5.46% | — | May 2010 | IIF vs MGGPX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 5 | 8.54% | — | Mar 1990 | IIF vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 5 | 0.45% | — | Apr 2017 | IIF vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 6 | 6.06% | — | Jul 1997 | IIF vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | IIF vs DINDX | |
| Morgan Stanley Institutional Fund Trust Ultra-Shor... | Ultrashort Bond | 99 | 1.57% | — | Apr 2016 | IIF vs MUIIX |
Often Compared With IIF
Investors most often compare IIF with PZIEX, PEAFX, FEDAX. These 6 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Pzena Emerging Markets Value Fund Institutional Cl... | Emerging Markets Equities | 74 | 15.84% | — | Mar 2014 | IIF vs PZIEX | |
| PIMCO RAE Emerging Markets Fund Class A | Emerging Markets Equities | 53 | 17.20% | — | Jun 2015 | IIF vs PEAFX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | Emerging Markets Equities | 86 | 19.13% | — | Nov 2011 | IIF vs FEDAX | |
| Fidelity Advisor Emerging Markets Discovery Fund C... | Emerging Markets Equities | 85 | 18.99% | — | Nov 2011 | IIF vs FEDTX | |
| Morgan Stanley Global Permanence Portfolio | Global Equities | 2 | 4.07% | — | Apr 2019 | IIF vs MGKQX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 5 | 0.27% | — | Apr 1991 | IIF vs MSEGX |
Compare IIF with Any Fund or Stock
Compare IIF with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair IIF with funds that move differently
Morgan Stanley India Investment Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to IIF.
Explore IIF Diversifiers