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Matthews India Fund (MINDX) Alternatives

Mutual Fund · Currency in USD · Last updated Jul 15, 2026

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.

Matthews India Fund (MINDX) belongs to the India Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with MINDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Other Mutual Funds from Matthews

The 8 most viewed Matthews mutual funds shown here include MSMLX, MCHFX, MATFX and span 4 categories.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
MSMLX
Matthews Emerging Markets Small Companies FundEmerging Markets Diversified
30
20.78%
—Sep 2008MINDX vs MSMLX
MCHFX
Matthews China FundChina Equities, Asia Pacific Equities
11
-3.14%
—Feb 1998MINDX vs MCHFX
MATFX
Matthews Asia Innovators FundAsia Pacific Equities
89
46.82%
—Dec 1999MINDX vs MATFX
MCSMX
Matthews China Small Companies FundChina Equities, Asia Pacific Equities
82
37.24%
—May 2011MINDX vs MCSMX
MAPTX
Matthews Pacific Tiger FundAsia Pacific Equities
70
21.69%
—Sep 1994MINDX vs MAPTX
MJFOX
Matthews Japan FundJapan Equities, Asia Pacific Equities
46
16.59%
—Dec 1998MINDX vs MJFOX
MASGX
Matthews Asia ESG FundAsia Pacific Equities
79
36.03%
—Apr 2015MINDX vs MASGX
MEGMX
Matthews Emerging Markets Equity FundEmerging Markets Diversified
63
23.31%
—Apr 2020MINDX vs MEGMX

Often Compared With MINDX

Investors most often compare MINDX with INDA, WAINX, INDY. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.

SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
INDA
iShares MSCI India ETFIndia Equities, Asia Pacific Equities
3
-9.84%
6.91BFeb 2012MINDX vs INDA
WAINX
Wasatch Emerging India FundIndia Equities, Asia Pacific Equities
1
-0.48%
—Apr 2011MINDX vs WAINX
INDY
iShares India 50 ETFIndia Equities, Emerging Markets Equities, Asia Pacific Equities
2
-12.80%
560.85MNov 2009MINDX vs INDY
EELV
Invesco S&P Emerging Markets Low Volatility ETFVolatility Hedged Equity
38
5.31%
427.95MJan 2012MINDX vs EELV
INDE
Matthews India Active ETFIndia Equities, Asia Pacific Equities
9
-2.32%
17.78MSep 2023MINDX vs INDE
FXAIX
Fidelity 500 Index FundS&P 500
60
10.18%
—Feb 1988MINDX vs FXAIX
HJPNX
Hennessy Japan FundJapan Equities, Asia Pacific Equities
52
21.83%
—Oct 2003MINDX vs HJPNX
VOO
Vanguard S&P 500 ETFS&P 500
67
10.87%
1.70TSep 2010MINDX vs VOO
QQQ
Invesco QQQ ETFNasdaq-100
61
17.43%
481.14BMar 1999MINDX vs QQQ
VMO
Invesco Municipal Opportunity Trust
90
7.97%
——MINDX vs VMO
NFTY
First Trust India NIFTY 50 Equal Weight ETFIndia Equities, Equal Weight, Asia Pacific Equities
4
-8.10%
132.86MFeb 2012MINDX vs NFTY
IVV
iShares Core S&P 500 ETFS&P 500
67
10.84%
894.38BMay 2000MINDX vs IVV
FEAAX
Fidelity Advisor Emerging Asia Fund Class AAsia Pacific Equities
81
28.90%
—Mar 1994MINDX vs FEAAX
IASMX
Guinness Atkinson Asia Focus FundAsia Pacific Equities
43
11.74%
—Apr 1996MINDX vs IASMX
MSAQX
Morgan Stanley Institutional Fund, Inc. Asia Oppor...Asia Pacific Equities
5
11.13%
—Dec 2015MINDX vs MSAQX
DFRSX
DFA Asia Pacific Small CompanyAsia Pacific Equities
20
-0.56%
—Jan 1993MINDX vs DFRSX
FEATX
Fidelity Advisor Emerging Asia Fund Class MAsia Pacific Equities
81
28.71%
—Jun 1999MINDX vs FEATX
FSEAX
Fidelity Emerging Asia FundAsia Pacific Equities
82
28.89%
—Apr 1993MINDX vs FSEAX
FERCX
Fidelity Advisor Emerging Asia Fund Class CAsia Pacific Equities
80
28.39%
—Jun 1999MINDX vs FERCX
VPKIX
Vanguard Pacific Stock Index Fund Institutional Sh...Asia Pacific Equities
68
20.82%
—May 2000MINDX vs VPKIX

Compare MINDX with Any Fund or Stock

Compare MINDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

 

Diversifiers

Pair MINDX with funds that move differently

Matthews India Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MINDX.

Explore MINDX Diversifiers