Antipodes LIC, page-20

Hi S1mon. Definitely not via that one (INF). It's the third time he has tried that play. Hif first India LIC went headfirst into the ground (the SP/NTA discount) in the GFC and they shut it down. Tried to raise money for another one last year and was an epic fail, didnt get off the ground. This is the MkII attempt. I met with him (John Pereira) last year when he was trying to get MkI up and frankly he's pretty unimpressive imo. Pretty low conviction in that either a) getting off the ground or b) ever doing a great job. I did see this recently and had a bit of a chuckle. https://www.intelligentinvestor.com.au/india-fund-ipo-reheats-leftovers-1804771

If I was going to take a dedicated view in India, I'd use the Fidelity India Fund which is easily accessible via the ASX mFund platform. Fidelity are very good investors and the track record of that fund is excellent. I used to use their Aussie Fund and really like their disciplined investment approach as a house.

Personally I rarely take specific country tilts in my portfolio. I let the global managers I am using make that call. TI don't pretend that I am more knowledgeable doing that sort of thing than they are. The only time I have made a specific country call is in unlisted Real Estate where I have a US dedicated fund.