OP-India Fund

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India is an economic powerhouse among emerging markets and offers an interesting alternative for investors looking to diversify their portfolio in an enormous developing economy. The OP-India fund provides easy access to the Indian stock market, which offers attractive potential returns for long-term investors.

The fund's portfolio manager is OP's partner J.P. Morgan Asset Management, one of the world's largest and most respected investment banks. As a unitholder, you benefit from having a portfolio manager based in the target country with access to local resources. Extensive knowledge of local markets is invaluable when making investment decisions, and its importance is emphasised in the case of developing economies such as India.

While the Indian stock market offers high expected returns, the fund's value may fluctuate significantly, which is typical for developing markets. For this reason, OP-India is especially suited for investors who are interested in the great potential of a growing market as well as the patience to tolerate significant fluctuation in stock prices.

Why invest in the OP-India fund

Enormous market – benefit from the immense growth expectations of a developing economic power
Professional portfolio management – the fund's investment decisions are made by a local portfolio manager of our partner J.P. Morgan with access to extensive local resources
A natural choice for long-term investors seeking high returns who are willing to tolerate market volatility

OP-India

morningstar™

ESG

Online fees and charges

Subscription fee	Annual management fee	Redemption fee
0,75 %	2,20 %	0,75 %

Agreements under a systematic investment plan are not subject to subscription fees. Fund units generate OP bonuses.

More information on the fund

Equity funds investing in fast-growing emerging markets serve the needs of investors seeking high returns. OP-India is thus a prime choice for a return-oriented investor believing in India's growth. While many elements are attractive, a person investing in OP-India also needs to be aware of the special characteristics and risks related to emerging markets. A rule of thumb is that the risk level in emerging markets is always higher than in advanced markets. The fund's value may vary significantly depending on the market situation and the fund's value performance may differ from that of other comparable funds. This fund is mainly recommended to an investor who intends to redeem his/her units after nine years at the earliest.

Investment policy

OP-India (Fund) is an equity fund which mainly invests its assets in the Indian equity market.

Its investments are mainly made in local currencies, which is why the Fund involves a major currency risk.

The Fund mainly invests directly in equities. In its investment operations, the Fund may use derivative instruments in order to hedge against the risk of adverse market and currency movements, to replace direct investments and to promote otherwise effective portfolio management.

The Fund's equity market exposure may vary between 75% and 105% of the Fund’s value. The equity weighting typically varies between 90% and 100%.

The Fund invests broadly across various companies. The Fund typically invests in equities of about 30–50 companies but this number may vary depending on the investment manager’s view.

The Fund’s benchmark index is MSCI India 10/40 Total Return Net. With active investing, the Fund seeks to outperform its benchmark index in the long term. The Fund mainly takes notable active risk and it may differ significantly from the composition, weights and risk level of the benchmark index.

Responsibility of the fund

Read more about fund’s responsibility on the fund’s Finnish pages.

Portfolio manager's review

More details Basic data, performance and fact figures

Basic data

Fund manager: JPMORGAN ASSET MANAGEMENT (UK) LIMITED
Benchmark index: MSCI India 10/40 Capped Index
Start date: 03.05.2004
ISIN: FI0008807292
fund serie: Accumulation unit
Fund size: 132 Meur
Serie value (18.03.): 485,03 EUR
Monthly review: Download
Key Information Document: Download
Rules: Download

Accumulated profit (17.03)

	1mth	3mth	6mth	1 y	3 y p.a.	5 y p.a.
OP-India A	−6,70 %	−16,92 %	−16,03 %	−3,12 %	+1,84 %	+11,82 %
Benchmark	−5,77 %	−15,98 %	−16,63 %	−3,22 %	+5,94 %	+18,45 %

Yearly performance

	2020	2021	2022	2023	2024	YTD
OP-India A	−5,66 %	+31,89 %	−7,00 %	+11,34 %	+15,72 %	−13,50 %
Benchmark	+7,30 %	+36,26 %	−1,70 %	+16,83 %	+18,64 %	−11,84 %

Key figures

	Volatility 12 m	vola 12m	Sharpe 12 m	Duration
OP-India A	15,24 %	-	-
Benchmark index	-	-	-

Owner-customers’ saving and investing benefits

As our owner-customer, saving and investing is especially worthwhile thanks to the excellent benefits you receive.

Your benefits when investing in funds:

Buy and sell almost all OP mutual funds with no fees.*
You earn 0.35% OP bonuses from mutual fund and insurance assets.**

Your benefits when investing through insurance:

Begin saving through insurance free of charge.
You will earn 0.35% of OP bonuses from funds linked to insurance assets.***
Switch between investments, invest additional funds and change your payment and investment plan for OP Unit-linked Insurance and OP Capital Redemption Contract free of charge in our digital services.

**OP bonuses are used to pay the bank’s service charges and insurance premiums.

***You earn OP bonuses from unit-linked insurance policies, excluding individual unit-linked insurance policies and Individual Capital Redemption Contracts. The principles of contribution towards OP bonuses from funds linked to insurance assets will be harmonised with direct investments. As of 1 January 2025, the following funds linked to insurance assets will no longer contribute towards OP bonuses: third-party funds such as JP Morgan funds, structured loans and institutional class funds such as OP-World III A.

Your benefits in equity and ETF investing:

Open an equity savings account or book-entry account free of charge.
You get a discount on equity trading and a 1% fee ceiling when trading in Finnish listed companies through a book-entry account The discounts apply in digital services.
Get access to free stock picks and analysis.
Get a discount on the service packages for savers and investors:
Equity savings account:
Saver: €0/month (normally €2.99/month)
Investor: €9.99/month (normally €14.99/month)
Book-entry account:
Saver: €0/month (normally €2.99/month)
Investor: €0/month (normally €5.39/month)

Other benefits:

Only owner-customers can invest in Profit Shares.

Remember to make use of all benefits:

Check the status of your owner-customer membership or become an owner-customer

*Standard fees are charged for the following special common funds: OP-Public Services Real Estate, OP-Forest Owner, OP-Rental Yield, OP-Alternative Portfolio and OP-Private Equity.

The fund's other unit classes

Income unit generating annual cash flow, suitable for foundations

The fund’s unit class III A with a minimum subscription of 1 000,000 euros

This is an advertisement. The funds are managed by OP Fund Management Company Ltd. The portfolio manager is the portfolio management company specified in the fund prospectus for OP funds. Investments always involve risks. The value of investments can rise and fall, and the investor may lose part of or all the invested funds. Past performance is no guarantee of potential future yield. The larger the fund’s expenses, the greater the impact on the expected return on the investment. Any yield also depends on taxation, which in turn varies depending on the investor’s personal circumstances and is subject to future changes. If the fund is marketed outside Finland, OP Fund Management Company Ltd may decide to end such marketing. The information presented on this page does not fully describe all the fund’s characteristics.

Before making an investment decision, take all the characteristics or objectives of the fund into consideration, as described in the fund prospectus for OP funds and other documents related to the fund. Only make your final investment decision after reading the fund prospectus for OP funds and the key investor information document and rules of the fund. These documents can be found on the web page of the respective fund. The fund prospectus and the summary of investors’ rights in mutual funds are available at op.fi in Finnish, Swedish and English.