Morgan Stanley India Investment Fund, Inc. Reports Earnings Results for the Half Year Ended June 30, 2020
August 28, 2020 at 10:58 am
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Morgan Stanley India Investment Fund, Inc. announced earnings results for the half year ended June 30, 2020. For the half year, the company announced total revenue was USD 1.191 million. Net loss was USD 65.265 million.
Morgan Stanley India Investment Fund, Inc. (the Fund) is a non-diversified, closed-end management investment company. The Fund's investment objective is long-term capital appreciation. Under normal market conditions, substantially all, but not less than 80%, of the Fund's total assets will be invested in equity securities of Indian issuers. The Fund invests its assets over a broad spectrum of the Indian economy, including, as conditions warrant from time to time, trade, financial and business services, transport and communications, manufacturing, food processing and construction. The Fund does not invest more than 25% of its total assets in any one industry. To the extent that the Fund's assets are not invested in equity securities of Indian issuers, the remainder of its assets may be invested in debt securities of Indian issuers, and debt securities issued or guaranteed by the Indian Government or an Indian governmental. The Fund's adviser is Morgan Stanley Investment Management Inc.
MORGAN STANLEY INDIA INVESTMENT FUND, INC. 