Indian Stock Market Correction Continues: IFN Faces 2026 Headwinds

Jan. 21, 2026 1:15 AM ETThe India Fund Inc (IFN)IIF, INDA GV Strategies 455 Follower s Comment (1) Summary The India Fund Inc remains unattractive due to persistent high valuations and underperformance versus peers and benchmarks. Despite India's robust economic growth and strong consumer sentiment, IFN's portfolio trades at a PE above 30, exceeding the MSCI India Index. Recent tariff risks, geopolitical uncertainty, and a narrow 3% discount to NAV heighten the risk of further discount widening. I continue to rate IFN a sell, favoring alternatives like IIF or other emerging markets, with better value and momentum. IFN Overview The India Fund Inc (IFN) is a closed-end fund with a history spanning three decades of active management of Indian equities. It has been a popular choice for investors looking for exposure to This article was written by 455 Follower s GV Strategies was formed to discuss unusual strategies that may fly under the radar of many global investors. They might relate to areas such as frontier / emerging markets, closed end funds and activism opportunities, high yield / emerging market debt to name a few.The perspective explored will be typically from that of a global investor based in developed markets and how such opportunities may fit a portfolio. Also, the practicality / opportunities for such investors to set up accounts in some frontier / emerging markets will be explored.In the past we have collaborated with other Seeking Alpha marketplace investing groups, i.e. shared articles with an exclusivity period for an additional fee. If an investing group wishes to discuss this possibility in the future, please get in touch. We may soon cover at least a couple of tickers a month as a guide by 2024. We will however only cover tickers we choose, and feel can offer some worthwhile insight on. They currently tend to be CEFs / ETFs. Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. Comment (1)