Aberdeen Standard Investments (Asia) Limited has launched and manages The India Fund, Inc., a close ended equity mutual fund that invests in India's public equity markets. The fund targets investing in stocks belonging to small-cap, mid-cap, and large-cap companies. It uses a quantitative and fundamental analysis to pick its stocks and adopts a bottom-up approach to asset allocation for its portfolio creation. Its benchmark is the IFC Investable India Index, and it is domiciled in Singapore. The India Fund, Inc. was established on December 27, 1993.