INDIA FD INC IFN
COM · Closed-End Fund · CUSIP 454089103
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $11.75.
Trends to Q2 2026
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 52 |
| Q4 2022 | 51 |
| Q1 2023 | 62 |
| Q2 2023 | 62 |
| Q3 2023 | 65 |
| Q4 2023 | 69 |
| Q1 2024 | 66 |
| Q2 2024 | 80 |
| Q3 2024 | 92 |
| Q4 2024 | 100 |
| Q1 2025 | 81 |
| Q2 2025 | 85 |
| Q3 2025 | 77 |
| Q4 2025 | 72 |
| Q1 2026 | 71 |
| Q2 2026 | 67 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2024 | 56 | 24 |
| Q4 2024 | 42 | 36 |
| Q1 2025 | 37 | 45 |
| Q2 2025 | 37 | 36 |
| Q3 2025 | 40 | 31 |
| Q4 2025 | 25 | 40 |
| Q1 2026 | 37 | 28 |
| Q2 2026 | 33 | 29 |
Biggest buyers
| LAZARD ASSET MANAGEMENT LLC | Added | +299.9k |
| NORTHERN TRUST CORP | Added | +261.7k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD | Added | +238.9k |
| WOLVERINE ASSET MANAGEMENT LLC | Added | +184.5k |
| RAYMOND JAMES FINANCIAL INC | Added | +103.7k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC | New | +83.9k |
| Penserra Capital Management LLC | Added | +44.2k |
| READYSTATE ASSET MANAGEMENT LP | New | +34.5k |
| Indivisible Partners | New | +31.6k |
| Cetera Investment Advisers | Added | +18.1k |
Biggest sellers
| ROYAL BANK OF CANADA | Reduced | -68.0k |
| UBS Group AG | Reduced | -41.2k |
| LPL Financial LLC | Reduced | -34.3k |
| CITADEL ADVISORS LLC | Sold out | -24.3k |
| Calamos Advisors LLC | Sold out | -20.7k |
| TRUIST FINANCIAL CORP | Sold out | -18.2k |
| EP Wealth Advisors, LLC | Reduced | -17.6k |
| Virtu Financial LLC | Sold out | -14.1k |
| Robertson Stephens Wealth Management, LLC | Reduced | -14.0k |
| Advocate Investing Services LLC | Reduced | -12.3k |
Insider purchases and sales since 1 Apr 2026
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
None reported since 1 Apr 2026.
Holders, Q2 2026
| Manager | Shares | Change |
|---|---|---|
| MORGAN STANLEY 0.00% of their portfolio | 1.2m $14.5m | Reduced -10.2k |
| Penserra Capital Management LLC 0.10% of their portfolio | 1.2m $13.6m | Added +44.2k |
| CITY OF LONDON INVESTMENT MANAGEMENT CO LTD 0.58% of their portfolio | 819.5k $9.6m | Added +238.9k |
| Cetera Investment Advisers 0.01% of their portfolio | 641.7k $7.5m | Added +18.1k |
| LAZARD ASSET MANAGEMENT LLC 0.01% of their portfolio | 507.8k $6.0m | Added +299.9k |
| RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio | 394.9k $4.6m | Added +103.7k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 273.4k $3.2m | Added +261.7k |
| STRS OHIO 0.01% of their portfolio | 240.0k $2.8m | Unchanged |
| LPL Financial LLC 0.00% of their portfolio | 233.8k $2.7m | Reduced -34.3k |
| UBS Group AG 0.00% of their portfolio | 205.3k $2.4m | Reduced -41.2k |
| Janney Montgomery Scott LLC 0.00% of their portfolio | 194.0k $2.3m | Added +727 |
| WOLVERINE ASSET MANAGEMENT LLC 0.03% of their portfolio | 187.0k $2.2m | Added +184.5k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 106.3k $1.2m | Added +17.3k |
| RIVERNORTH CAPITAL MANAGEMENT, LLC 0.05% of their portfolio | 83.9k $986.3k | New |
| Advocate Investing Services LLC 0.76% of their portfolio | 83.7k $983.1k | Reduced -12.3k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 72.3k $849.5k | Added +9.7k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 68.4k $804.0k | Reduced -68.0k |
| Focus Partners Wealth 0.00% of their portfolio | 50.7k $595.5k | Added +1.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 47.0k $552.3k | Reduced -5.1k |
| PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO 0.00% of their portfolio | 42.2k $495.5k | Added +3.0k |
| XTX Topco Ltd 0.01% of their portfolio | 40.4k $475.0k | Added +17.2k |
| EP Wealth Advisors, LLC 0.00% of their portfolio | 38.4k $451.6k | Reduced -17.6k |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 34.5k $406.0k | Reduced -9.2k |
| READYSTATE ASSET MANAGEMENT LP 0.02% of their portfolio | 34.5k $405.1k | New |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 34.3k $403.4k | Added +3.6k |
| Robertson Stephens Wealth Management, LLC 0.01% of their portfolio | 33.5k $393.6k | Reduced -14.0k |
| Indivisible Partners 0.02% of their portfolio | 31.6k $371.5k | New |
| Composition Wealth, LLC 0.00% of their portfolio | 31.1k $365.6k | Added +12.0k |
| SCHNIEDERS CAPITAL MANAGEMENT, LLC. 0.04% of their portfolio | 28.5k $335.0k | Reduced -2.4k |
| CIBC WORLD MARKET INC. 0.00% of their portfolio | 25.4k $298.7k | Reduced -3.5k |
| Beacon Pointe Advisors, LLC 0.00% of their portfolio | 24.0k $281.6k | Reduced -1.0k |
| C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.01% of their portfolio | 23.6k $277.4k | Added +773 |
| Pettinga Financial Advisors LLC 0.03% of their portfolio | 16.9k $198.0k | Reduced -150 |
| DECISION INVESTMENTS, INC 0.18% of their portfolio | 16.8k $196.9k | Added +1.0k |
| NewEdge Advisors, LLC 0.00% of their portfolio | 16.7k $196.6k | Reduced -2.3k |
| Waverly Advisors, LLC 0.00% of their portfolio | 16.1k $188.7k | Added +1.1k |
| one8zero8, LLC 0.03% of their portfolio | 15.0k $176.3k | Added +488 |
| Hudson Portfolio Management LLC 0.10% of their portfolio | 10.8k $127.2k | Unchanged |
| NWAM LLC 0.01% of their portfolio | 10.7k $125.6k | Reduced -2.1k |
| SUCCESSION FINANCIAL, INC. 0.12% of their portfolio | 10.7k $125.2k | First filing |
| HRT FINANCIAL LP 0.00% of their portfolio | 10.3k $120.0k | New |
| STIFEL FINANCIAL CORP 0.00% of their portfolio | 10.3k $120.5k | New |
| Csenge Advisory Group 0.00% of their portfolio | 10.1k $118.3k | New |
| LEVIN CAPITAL STRATEGIES, L.P. 0.01% of their portfolio | 10.0k $117.5k | Unchanged |
| Private Wealth Asset Management, LLC 0.00% of their portfolio | 4.2k $49.4k | New |
| NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio | 2.5k $29.3k | Added +300 |
| Allworth Financial LP 0.00% of their portfolio | 2.5k $29.4k | Unchanged |
| Clearstead Advisors, LLC 0.00% of their portfolio | 2.5k $29.2k | Unchanged |
| Regatta Research & Money Management 0.02% of their portfolio | 2.1k $24.3k | First filing |
| Global Retirement Partners, LLC 0.00% of their portfolio | 2.0k $24.0k | First filing |
| Farther Finance Advisors, LLC 0.00% of their portfolio | 1.9k $21.8k | Added +61 |
| Cullen/Frost Bankers, Inc. 0.00% of their portfolio | 1.8k $21.7k | Unchanged |
| HARBOUR INVESTMENTS, INC. 0.00% of their portfolio | 1.5k $17.9k | Added +1.0k |
| PRIVATE TRUST CO NA 0.00% of their portfolio | 1.3k $15.2k | Added +47 |
| Integrated Wealth Concepts LLC 0.00% of their portfolio | 1.2k $14.6k | New |
| THOMPSON INVESTMENT MANAGEMENT, INC. 0.00% of their portfolio | 1.1k $12.7k | Unchanged |
| Noble Wealth Management PBC 0.00% of their portfolio | 750 $8.8k | Unchanged |
| Ancora Advisors LLC 0.00% of their portfolio | 600 $7.0k | Unchanged |
| Parallel Advisors, LLC 0.00% of their portfolio | 561 $6.6k | Unchanged |
| Spire Wealth Management 0.00% of their portfolio | 500 $5.9k | Unchanged |
| Federation des caisses Desjardins du Quebec 0.00% of their portfolio | 500 $5.9k | Unchanged |
| JDM Financial Group LLC 0.00% of their portfolio | 446 $5.2k | Added +14 |
| North Star Investment Management Corp. 0.00% of their portfolio | 201 $2.4k | Unchanged |
| Investors Research Corp 0.00% of their portfolio | 110 $1.3k | Unchanged |
| FWL INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio | 110 $1.3k | Unchanged |
| Blume Capital Management, Inc. 0.00% of their portfolio | 88 $1.0k | Unchanged |
| Cassaday & Co Wealth Management LLC 0.00% of their portfolio | 40 $474 | Added +1 |