Matthews India Fund (MINDX)
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 Asian (or specific country) security or instrument, if it has substantial ties to that country or region.
Fund Info
| ISIN | US5771308591 |
|---|---|
| CUSIP | 577130859 |
| Issuer | Matthews Asia Funds |
| Inception Date | Oct 30, 2005 |
| Category | Asia Pacific Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The Matthews India Fund has a high expense ratio of 1.15%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Matthews India Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Matthews India Fund had a return of 6.37% year-to-date (YTD) and 30.16% in the last 12 months. Over the past 10 years, Matthews India Fund had an annualized return of 10.59%, while the S&P 500 benchmark had an annualized return of 10.46%, indicating that Matthews India Fund performed slightly bigger than the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.37% | 5.84% |
| 1 month | 2.94% | -2.98% |
| 6 months | 19.81% | 22.02% |
| 1 year | 30.16% | 24.47% |
| 5 years (annualized) | 9.23% | 11.44% |
| 10 years (annualized) | 10.59% | 10.46% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 3.15% | 2.13% | -0.54% | |||||||||
| 2023 | 0.12% | -2.40% | 6.55% | 4.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Matthews India Fund(MINDX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Matthews India Fund (MINDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Matthews India Fund granted a 2.89% dividend yield in the last twelve months. The annual payout for that period amounted to $0.81 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.81 | $0.81 | $3.38 | $2.82 | $0.80 | $2.80 | $4.34 | $0.00 | $0.00 | $0.26 | $0.19 | $0.20 |
Dividend yield | 2.89% | 3.07% | 15.30% | 10.02% | 3.03% | 12.04% | 16.50% | 0.00% | 0.00% | 0.99% | 0.72% | 1.20% |
Monthly Dividends
The table displays the monthly dividend distributions for Matthews India Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.82 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.80 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.80 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.34 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 |
| 2013 | $0.20 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Matthews India Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Matthews India Fund was 72.18%, occurring on Mar 9, 2009. Recovery took 399 trading sessions.
The current Matthews India Fund drawdown is 0.57%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.18% | Jan 8, 2008 | 293 | Mar 9, 2009 | 399 | Oct 6, 2010 | 692 |
| -48.46% | Jan 23, 2018 | 545 | Mar 23, 2020 | 196 | Dec 30, 2020 | 741 |
| -44.76% | Nov 11, 2010 | 702 | Aug 28, 2013 | 198 | Jun 12, 2014 | 900 |
| -32.08% | May 11, 2006 | 24 | Jun 14, 2006 | 99 | Nov 3, 2006 | 123 |
| -24.4% | Apr 13, 2015 | 222 | Feb 26, 2016 | 281 | Apr 7, 2017 | 503 |
Volatility
Volatility Chart
The current Matthews India Fund volatility is 2.99%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.