Bank Muscat India Fund
It is a fund focused in India and is headquartered in Muscat. The fund is being managed by one of the leading fund managers of the Middle East.
It is a fund focused in India and is headquartered in Muscat. The fund is being managed by one of the leading fund managers of the Middle East.
Bank Muscat India Fund - A Brief Introduction to the Fund
The Bank Muscat India Fund is an open-ended equity fund that allows investors to invest in high-growth stocks of India. The fund is managed by Bank Muscat Asset Management, which aims to earn long-term growth and returns by investing in Indian companies across diverse sectors like technology, banking, healthcare, infrastructure, and consumer goods.
The Bank Muscat India Fund is designed to help investors benefit from India’s structural growth while maintaining a defined degree of risk and sector diversification goals.
Investment Objective of Bank Muscat India Fund
The primary objective of Bank Muscat India Fund is to maximise the returns of its investors while maintaining a certain level of risk. Also, the fund aims at using a holistic approach towards its investment picks. This approach helps the fund earn exemplary returns over a long-term investment horizon.
Bank Muscat India Fund Portfolio in India
The Bank Muscat India Fund Portfolio includes stocks from a wide range of sectors. As of March 2025, the fund’s portfolio includes 8 listed and actively traded Indian companies with a total valuation of ₹3,3234.64 crores.
Stocks such as IIFL Finance, 360 One Wam, LIC Housing Finance, IIFL Capital Services, the Federal Bank, 5Paisa Capital, Poonawala Fincorp and City Union Bank. These equity investments of the Bank Muscat India Fund are distributed among two sectors: Finance with a 56.5% stake and Banking with the remaining 43.5% stake.
During April 2025, the Bank Muscat India Fund trimmed its stake in two of its existing holdings. During the month, the fund decreased its shareholding in 360 One Wam Limited and IIFL Capital Services Limited. As per the latest filings, Bank Muscat India Fund holds a 1.83% stake in 360 One Wam and 4.06% in IIFL Capital Services.
FAQs
What is the Bank Muscat India Fund?
Bank Muscat India Fund is an India-focused open-ended fund. It invests in listed Indian equities across sectors to earn long-term capital appreciation. The fund is managed by the Bank Muscat, which is one of the leading financial institutions in Oman with the largest network of branches and electronic channels.
Who owns Bank Muscat?
The Royal Court Affairs of Oman owns Bank Muscat with a 27.31% shareholding. Pension Funds Trust account has 19.64% stake in Bank Muscat, followed by Omnivest Group (15%), Muscat Overseas Group (5.67%), Social Protection Fund (4.99%) and Others (27.39%).
What is Bank Muscat India Fund’s portfolio?
Bank Muscat India Fund’s portfolio consists of 8 publicly traded equities with a total networth of ₹3,3234.64 crores. The fund’s portfolio is distributed amongst the finance sector, with a 56.5% share, and banking, with a 43.5% share.
Which is latest stock in Bank Muscat India fund portfolio?
As of April 2025, IIFL Capital Services Limited is the largest stock in the portfolio of the Bank Muscat India Fund as per the shareholding percentage.