Jupiter India beats peers over one year

Launched in February 2008, the £127m Jupiter India fund has significantly outperformed its peers in the IMA Specialist sector over the past year, up 100.4% to January 11, compared to the sector average of 40.4%.

The fund aims to achieve long-term capital growth by investing primarily in companies which operate or reside in India. It also invests in companies based in Pakistan, Sri Lanka and Bangladesh and in countries which derive a significant proportion of business from or within India. The manager only enters into derivative transactions for the purpose of efficient management of the portfolio and not for investment. Avinash Vazirani has managed the fund since launch, having joined Jupiter in 2007 where he is head of the firm’s South Asia equities team. He has also managed the Jupiter Indi...