IFN (India Fund) ROA %: -12.28% (As of Dec. 2025)


IFN India Fund Inc IFN
34 GF Score
Price $11.57
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What is India Fund ROA %?

India Fund IFN +0.52% 34 ROA % is -12.28% as of Dec. 2025. GuruFocus rates IFN with a GF Score™ of 34/100. Among 1,638 Asset Management companies, India Fund ranks worse than 84.86% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. India Fund's annualized Net Income for the quarter that ended in Dec. 2025 was $-85.62 Mil. India Fund's average Total Assets over the quarter that ended in Dec. 2025 was $697.30 Mil. Therefore, India Fund's annualized ROA % for the quarter that ended in Dec. 2025 was -12.28%.

The historical rank and industry rank for India Fund's ROA % or its related term are showing as below:

IFN' s ROA % Range Over the Past 10 Years
Min: -17.38   Med: 9.84   Max: 26.01
Current: -6.45

During the past 9 years, India Fund's highest ROA % was 26.01%. The lowest was -17.38%. And the median was 9.84%.

IFN's ROA % is ranked worse than
84.86% of 1638 companies
in the Asset Management industry
Industry Median: 3.95 vs IFN: -6.45

India Fund  (NYSE:IFN) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2025 )
=Net Income/Total Assets
=-85.62/697.2985
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-85.62 / -83.684)*(-83.684 / 697.2985)
=Net Margin %*Asset Turnover
=102.31 %*-0.12
=-12.28 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2025) net income data. The Revenue data used here is two times the semi-annual (Dec. 2025) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


India Fund ROA % Related Terms


India Fund ROA % Historical Data

* Premium members only.

The historical data trend for India Fund's ROA % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

India Fund ROA % Chart

India Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only 14.78 -17.38 17.76 15.89 -6.46

India Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.76 32.92 -1.44 -1.04 -12.28

IFN vs GAMI, HPS, VVR: ROA % Comparison

For the Asset Management subindustry, India Fund's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


India Fund ROA % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, India Fund's ROA % distribution charts can be found below:

* The bar in red indicates where India Fund's ROA % falls into.


IFN
34GF Score
India Fund Inc IFN
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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India Fund ROA % Calculation

India Fund's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=-46.709/( (778.997+668.196)/ 2 )
=-46.709/723.5965
=-6.46 %

India Fund's annualized ROA % for the quarter that ended in Dec. 2025 is calculated as:

ROA %=Net Income (Q: Dec. 2025 )/( (Total Assets (Q: Jun. 2025 )+Total Assets (Q: Dec. 2025 ))/ count )
=-85.62/( (726.401+668.196)/ 2 )
=-85.62/697.2985
=-12.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is two times the semi-annual (Dec. 2025) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -12.28% mean?
India Fund (IFN) has a ROA % of -12.28% as of Dec. 2025. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on India Fund and its competitors. According to the industry distribution chart, India Fund ranks #1390 out of 1638 companies in the Asset Management industry, placing it in the top 84.9%.
Is India Fund's ROA % too high?
India Fund's current ROA % is -12.28%. Based on the distribution chart, India Fund ranks #1390 out of 1638 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, India Fund has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does India Fund's ROA % compare to GAMI and HPS?
According to the Asset Management industry distribution chart, India Fund ranks #1390 out of 1638 companies for ROA %. This places India Fund in the lower half of its industry. The industry median ROA % is 3.95. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Asset Management company?
The median ROA % among Asset Management companies is 3.95, based on 1,638 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on India Fund and its competitors. For the Asset Management industry, the median ROA % is 3.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. India Fund's current ROA % is -12.28%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is India Fund stock overvalued right now?
India Fund (IFN) has a current ROA % of -12.28%. The current ROA % is -12.28%. India Fund's overall GF Score™ is 34/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For India Fund (IFN), the current ROA % is -12.28% as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

India Fund Business Description

Address 1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
India Fund Inc is a non-diversified closed-end management investment company. The fund's investment objective is long-term capital appreciation, which it seeks to achieve by investing in the equity securities of Indian companies. The company's portfolio is a non-diversified closed-end management investment company across various sectors such as financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services, utilities, and others.
34GF Score

Get the complete analysis for IFN

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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