Chairman's Statement: abrdn New India Investment Trust
Read below as Chairman Michael Hughes provides some commentary on the recent performance of the trust, it's key portfolio holdings and discusses the macroeconomic outlook.
abrdn New India Investment Trust plc aims to achieving long-term capital appreciation by investing in high-quality companies based in India or those deriving significant revenue from India. The trust seeks out well-governed, world-class organisations that can deliver sustainable growth and withstand market volatility. With a robust investment approach that emphasises intensive research and regular company engagement, the trust aims to capitalise on India's dynamic economic landscape, driven by factors such as urbanisation, digitalisation, and a growing middle class.
The value of investments and the income from them can go down as well as up and you may get back less than the amount invested.