When the Indian mutual fund sector was opened up for foreign investment
in 1993, Morgan Stanley became the first international fund manager to
enter India with a domestic mutual fund. One of the largest investment
banks and fund managers in the world, Morgan Stanley operates in 28
countries and has $576 billion in assets under management globally.
Morgan Stanley boasts of a rich expertise of investing in Indian
markets. The firm has been managing offshore India specific funds from
1989. The India Magnum Fund (traded on the Dublin Stock Exchange) and
the India Investment Fund (traded on the New York Stock Exchange) are
the major offshore India funds managed by MSIM.
Morgan Stanley Investment Management India Private Limited is the AMC
for the fund. The fund management is headed by Sridhar Sivaram, a
director on the board of the AMC. As of Aug 2006, the fund has assets of
over Rs.2,688 crore under management.
Here is a list of mutual funds of Morgan Stanley.
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