60% of stocks in Vanguard's India portfolio lag in 2024

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One of the world's largest money managers Vanguard Group's India stock portfolio is faring poorly in the current calendar year, with nearly 60% of the 26 stocks languishing...

Vanguard, which owns Indian stocks worth nearly Rs 36,000 crore through its various funds, has seen a decline in its portfolio value by Rs 664 crore in 2024 so far, shows data from ACE Equity. 15 of the 26 stocks from its India holdings have fallen up to 149% on a year-to-date (YTD) basis...

RBL Bank, Crompton Greaves, Cyient, Indiabulls Housing Finance, IDFC, Coforge and UPL are among stocks from Vanguard's India portfolio that are down over 20% YTD...

Some top performers from Vanguard's portfolio are Indiabulls Real Estate, following a sharp surge in real estate stocks..

Tata Motors DVR, latest Nifty entrant Shriram Finance and multibagger Suzlon Energy are some of the other top performers from Vanguard's India stock holdings...

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