INDIA FUND, INC.

# INDIA FUND, INC. (IFN)

Established in 1993, this closed-end equity fund is incorporated in Maryland and domiciled in Singapore. The fund invests exclusively in public equity securities of Indian companies across the market capitalization spectrum, including small-cap, mid-cap, and large-cap issuers. Aberdeen Standard Investments (Asia) Limited serves as the fund's investment manager and sponsor.

The fund's portfolio strategy combines quantitative and fundamental analysis with a bottom-up stock selection approach. Investment decisions are informed by comparative analysis against the IFC Investable India Index, which serves as the fund's benchmark. The fund's operations are concentrated in Asia, with its management based in Singapore and portfolio exposure limited to Indian equity markets.

As a closed-end fund structure, the fund generates revenue primarily through management fees applied to assets under management. The fund's dividend distribution practices are notable among its peers. With approximately $600 million in market capitalization, the fund operates at the smaller end of the asset management scale, though it maintains consistent exposure to India's equity markets through a managed portfolio approach.