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 | |
| Voya Emerging Markets High Dividend Equity Fund | 0.01% | — | Apr 2011 | IIF vs IHD | |
| Aberdeen India Fund | 0.01% | — | Feb 1994 | IIF vs IFN | |
| The Korea Fund Inc | 0.02% | — | Aug 1984 | IIF vs KF |
Best Risk-Adjusted Alternatives to IIF
IIF has a PortfoliosLab risk / return rank of 1. There are 216 mutual funds in the Emerging Markets Equities category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Lazard Emerging Markets Equity Portfolio | 94 | — | Jul 1994 | IIF vs LZEMX | |
| Lazard Emerging Markets Equity Portfolio Class R6 | 94 | — | — | IIF vs RLEMX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 92 | — | Oct 2011 | IIF vs ESCIX | |
| Delaware Emerging Markets Fund | 91 | — | Jun 1996 | IIF vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 91 | — | Jun 1996 | IIF vs DEMAX |
Top Performing IIF Alternatives (YTD)
IIF is at -8.13% YTD. There are 214 mutual funds in the Emerging Markets Equities category with higher YTD returns, going as high as 68.59%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Delaware Emerging Markets Fund | 68.59% | — | Jun 1996 | IIF vs DEMIX | |
| Nomura Emerging Markets Fund Class A | 68.34% | — | Jun 1996 | IIF vs DEMAX | |
| Nomura Emerging Markets Fund Class C | 67.60% | — | Jun 1996 | IIF vs DEMCX | |
| The Korea Fund Inc | 52.92% | — | Aug 1984 | IIF vs KF | |
| Franklin Templeton SMACS: Series EM | 50.59% | — | Nov 2021 | IIF vs FQEMX |
Lowest Volatility Alternatives to IIF
IIF has 16.16% 1-year volatility. There are 41 mutual funds in the Emerging Markets Equities category with lower 1-year volatility, going as low as 8.95%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Emerging Markets Dividend Fund | 8.95% | — | Jan 2013 | IIF vs EAD | |
| Goldman Sachs GQG Partners International Opportuni... | 9.88% | — | Dec 2016 | IIF vs GSIYX | |
| Ashmore Emerging Markets Small Cap Equity Fund | 10.28% | — | Oct 2011 | IIF vs ESCIX | |
| GQG Partners Emerging Markets Equity Fund | 11.51% | — | Dec 2016 | IIF vs GQGPX | |
| GQG Partners Emerging Markets Equity Fund Institut... | 11.53% | — | — | IIF vs GQGIX |
Lowest Drawdown Alternatives to IIF
IIF has a 1-year max drawdown of -22.52%. There are 206 mutual funds in the Emerging Markets Equities category with shallower 1-year drawdowns, going as shallow as -5.70%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Ashmore Emerging Markets Small Cap Equity Fund | -5.70% | — | Oct 2011 | IIF vs ESCIX | |
| Fidelity SAI Emerging Markets Low Volatility Index... | -6.93% | — | Jan 2019 | IIF vs FGKPX | |
| Goldman Sachs GQG Partners International Opportuni... | -7.81% | — | Dec 2016 | IIF vs GSIYX | |
| Emerging Markets Dividend Fund | -8.16% | — | Jan 2013 | IIF vs EAD | |
| BlackRock Defensive Advantage Emerging Markets Fun... | -8.89% | — | Dec 2020 | IIF vs BADEX |
Other Mutual Funds from Morgan Stanley
The 10 most viewed Morgan Stanley mutual funds shown here include MSEQX, MACGX, EDD and span 5 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Morgan Stanley Growth Portfolio Class I | Large Cap Growth Equities | 4 | -8.29% | — | Apr 1991 | IIF vs MSEQX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | -0.24% | — | Mar 1990 | IIF vs MACGX | |
| Morgan Stanley Emerging Markets Domestic Fund | Emerging Markets Bonds | 57 | 14.80% | — | Apr 2007 | IIF vs EDD | |
| Morgan Stanley Insight A | Large Cap Growth Equities | 4 | -5.56% | — | Jan 2002 | IIF vs CPOAX | |
| Morgan Stanley Global Opportunity Portfolio Class ... | Global Equities | 1 | -0.31% | — | May 2010 | IIF vs MGGPX | |
| Morgan Stanley Institutional Fund Trust Discovery ... | Mid Cap Growth Equities | 3 | -0.08% | — | Mar 1990 | IIF vs MPEGX | |
| Morgan Stanley Growth Portfolio | Large Cap Growth Equities | 3 | -8.81% | — | Apr 2017 | IIF vs MEGIX | |
| Morgan Stanley Insight Fund | Large Cap Growth Equities | 4 | -5.40% | — | Jul 1997 | IIF vs CPODX | |
| Morgan Stanley Global Fixed Income Opportunities F... | Multisector Bonds | — | — | — | Jul 1997 | IIF vs DINDX | |
| Morgan Stanley Institutional Growth Portfolio | Large Cap Growth Equities | 3 | -8.43% | — | Apr 1991 | IIF vs MSEGX |
Often Compared With IIF
Investors most often compare IIF with PZIEX, CNWIX, PEAFX. These 18 comparison targets span 3 categories, based on PortfoliosLab usage data.
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