Closed-end investment companies like the The India Fund, Inc. do not continuously offer shares to the public. Growth results from market appreciation, which benefits its shareholders. Country funds like, The India Fund, Inc. are often used to change the impact of a particular country, or sector, in portfolio management.
The funds objective is long-term capital appreciation by investing in equity securities of Indian companies.  Management can influence the net asset value, but this is not of great concern to investors.
Punita Kumar-Sinha is the Fund’s portfolio manager.  The India Fund, Inc. restricts management to investments that are expected to benefit from developments in the economies of the Asia-Pacific region. Wealth is shifting from the developed countries to the emerging, and frontier economies, which includes the Asia-India region. These companies tend to be under-researched, and not so readily available to normal investors.
The The India Fund, Inc. distributes essentially all of its realized income, and capital gains to shareholders each year.  When comparing the results of this closed-end company, to securities which may retain earnings. Both stocks should have all distributions reinvested and compounded to compare results.
Blackstone Advisors, 345 Park Avenue, New York, NY 10154.