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Ashoka India Equity Investment Trust 'off to a very strong start'

Prashant Khemka, the founder of White Oak Capital Management which is the adviser to the Ashoka India Equity Investment Trust PLC (LON:AIE), introduces the company to Proactive Investors.

Khemka says the team at Ashoka, who are all based in India, will be tasked with finding undervalued, small and mid-sized companies on the Indian stock market which have significant potential for growth.

He adds the Ashoka team won't be receiving an annual fee for managing the fund - instead they'll only be paid if they deliver sustained outperformance over a three year period.

Quick facts: Ashoka India Equity Investment Trust PLC

Price: 80 GBX

LSE:AIE
Market: LSE
Market Cap: £54.12 m
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