Morningstar India Publishes Third Annual India Fund Observer

MUMBAI, February 18, 2014 /PRNewswire/ --

Morningstar India, a subsidiary of independent investment research provider Morningstar, Inc. (NASDAQ: MORN), today announced that it has published the third annual issue of India Fund Observer. This publication comprises more than 35 articles and analyses about the domestic and global financial markets, mutual fund industry trends, asset allocation, and best practices for investors. The publication also features discussions with local fund managers.

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"In 2013, global equity markets showed mostly positive returns. The Indian broad market index also posted increases, despite volatility and inflationary pressures," said Aditya Agarwal, Managing Director of Morningstar India.

"Assets in the Indian mutual fund industry grew by more than 11 percent compared to a year earlier, the second consecutive annual increase in industry assets. Our annual publication highlights these points and much more, providing investors with a comprehensive review of last year and actionable ideas for the coming months," he added.

Highlights of the 2013 India Fund Observer include:

• Snapshots of the global and domestic equity markets
• Review of the state of the Indian economy
• Overview of top- and bottom-performing equity and fixed-income funds, the most popular stocks and sectors, and top fund houses based on average assets
• Discussions with fund managers Sankaran Naren, CIO-Equity for ICICI Prudential Asset Management, Amandeep Chopra, Head-Fixed-Income for UTI Asset Management Company Limited, and Santosh Kamath, CIO-Fixed-Income for Franklin Templeton Investments-India
• A detailed look at some of the key regulatory developments in the past year
• Practical guides about when to sell a stock and saving mistakes to avoid
• Data about Morningstar's top-rated funds, commissions and expenses, and assets under management.

The India Fund Observer 2013 is available at http://www.morningstar.in/fund-observer-2013.aspx, the company's website for individual investors and advisors in India. Morningstar India began publishing its annual India Fund Observer in early 2012, and past editions are available at http://www.morningstar.in/fund-observer.aspx.

About Morningstar India and Morningstar, Inc.

Morningstar India is a subsidiary of Morningstar, Inc., a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors. Morningstar provides data on approximately 446,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 10 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and treasury markets. Morningstar also offers investment management services through its registered investment advisor subsidiaries and had approximately $159 billion in assets under advisement and management as of Dec. 31, 2013. The company has operations in 27 countries.

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Primary Media Contact: Nikita More, [email protected], 91-22-61217212