India will deliver long-term growth and offers useful diversification says IGC’s Gaurav Narain

Emerging markets have recently seen significant fund inflows as institutional investors seek an alternative to the S&P 500. India is one of the most significant of those emerging markets, and one often overlooked by UK investors. India is the fastest growing large economy in the world, and, says Gaurav Narain, Principle Advisor to the India Capital Growth Fund, the Indian economy is projected to grow at 10% per annum. Which is why we are delighted to talk to Gaurav Narain, who has managed the India Capital Growth Fund for the last dozen years. India Capital is structured as an Investment Trust, ticker IGC, has a market cap of around £148 million pounds and trades at discount to NAV of around 11% currently.