JP Morgan Indian Investment Trust () is a large

British British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories and Crown Dependencies. * British national identity, the characteristics of British people and culture ...

investment trust An investment trust is a form of investment fund found mostly in the United Kingdom and Japan. Investment trusts are constituted as Public limited company, public limited companies and are therefore closed ended since the fund managers cannot red ...

dedicated to investments in

India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...

. Established in 1994, the company will become a constituent of the

FTSE 250 Index The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock ...

, an index of the larger companies on the

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, on 27 September 2022. The

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is Hugh Bolland.

History

The company was established as the Fleming Indian Investment Trust in 1994. It became the JP Morgan Fleming Indian Investment Trust in 2002 and then, following JPMorgan's decision to drop the Fleming brand, it adopted its current name in 2005. The company announced a return of capital of £195 million to shareholders in January 2020.

References

External links

Official site
Investment trusts of the United Kingdom Financial services companies established in 1994 JPMorgan Chase Inward investment Investment in India Companies in the FTSE 250 Index {{UK-finance-company-stub