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New India Investment Trust Outperforms Benchmark On Net Asset Value

22nd Nov 2013 12:10

LONDON (Alliance News) - New India Investment Trust PLC Friday said its net asset value per share outperformed its benchmark for the six months ended September 30.

The specialist trust investing in Indian companies said its net asset value fell by 14.4% to 229.96 pence, which was an improvement on the benchmark, MSCI India Index, which declined by 16.1% on a total return basis.

New India Investment Trust shares were up 1.1% to 202.23 pence Friday.

By Tom McIvor; [email protected]; @TomMcIvor1

Copyright © 2013 Alliance News Limited. All Rights Reserved.


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