
AN ONLINE PRIVATE MEMBERS’ CLUB FOR STOCK MARKET INVESTORS
NAME: JPMORGAN INDIA GROWTH AND INCOME
STOCK MARKET TICKER: (JIGI)
BUSINESS: INDIA (MOSTLY BIG BUSINESSES)
WHAT I PAID AND WHEN: 63p PER SHARE IN JUNE, 1996
DIVIDEND YIELD: 5%
ANNUAL DIVIDEND GROWTH: NOT APPLICABLE AS JIGI BEGAN PAYING DIVIDENDS IN 2025
LAUNCH DATE: MAY, 1994
TOTAL ASSETS: £420 MILLION
Nobody ever forgets their first ten-bagger or share whose price soared 10 times or more after we bought. That’s why the fund now known as JPMorgan India Growth and Income (stock market ticker: JIGI) will always be close to my wallet.
Shares currently trading around £8.80 cost just 63p each when I invested in what was then called Fleming Indian in May, 1996. But recent news, which might have been given more coverage in less extraordinary times, provides better reasons to consider India now.









