The fund blog: Carnegie Indienfond
India was already cooling before lockdown
The Indian market fell again in May. Carnegie Indienfond fell 7.4 percent this month, largely due to a weakening of the currency. The Indian rupee fell 4.7 percent against the...
Low valuation – but too early to sound the all-clear
India went into lockdown in the last week of March in order to restrict the spread of Covid-19. This was originally intended to last three weeks, but has now been...
Focus on groceries during Indian lockdown
Since its peak on January 17, the Indian stock market has fallen 31%. India has had a number of corrections over the past five years. Narendra Modi’s economic policies have...
The downside to index tracking
Carnegie Indienfond fell 4.1 % this month. Around forty cases of coronavirus were registered in India this past week. All appear to have been infected abroad. India already has plenty...
Indian profits impress
The Indian market outperformed the rest of Asia in January. Carnegie Indienfond rose 2.2% this month. As faithful readers may have noted, it has been difficult to be impressed by...
India is battling headwinds
The Indian market underperformed the rest of Asia in December. Carnegie Indienfond fell 0.8 percent. Asian stock exchanges were traded up this month as risk appetite swelled after China and...
Recurring blunders in India
Trends for both corporate investment and private consumption are weaker this year. The government, which previously contributed to growth through investments in infrastructure projects, must now tighten its belt. Excluding...
Data is the new oil
The Indian market was up in October. Carnegie Indienfond rose by a slight 0.03%. The government implemented a reform last month that reduced corporation tax to 25%. This was very...
Mixed impressions from India trip
The Indian market was very strong in September. Carnegie Indienfond rose 7 percent. A week-long trip to India and meetings with 20 companies left a mixed impression. The economy is...
Values – Carnegie Fonder’s Sustainability Report
Focus is increasingly on sustainability. The concerns are rarely new to Carnegie Fonder because it has always been important to us to invest in companies for the long term and...
Slow growth threatens India’s economy
Growth in the Indian economy slowed further in the second quarter; a rate of 5 percent is the lowest for six years. The more subdued growth is also starting to...
Worrying loan losses in India
The Indian stock market performed poorly in July, after showing clear signs of declining investor interest back in June. Economic growth is on a downward trend, albeit from a high...
Ambitious reforms, but negative effects
The Indian market was hesitant in June, and fell back. Carnegie Indienfond fell 2.0 % and is up so far this year by 10.4 %. India is showing clear signs...
Economic growth is challenging for India
The Indian market was up in May. Carnegie Indienfond rose 1.0 %, giving it a gain of 12.6 % year to date. Asian markets were sold off this month, following...