# Morgan Stanley India Investment Fund, Inc. (IIF): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/iif for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Morgan Stanley · Asset class: Equity - Strategy: Thematic · Inception: 1994-02-18 The Morgan Stanley India Investment Fund, Inc. is a U.S.-domiciled, closed-end equity mutual fund that began operations on December 22, 1993. It was initially established and is primarily managed by Morgan Stanley Investment Management Inc., with co-management responsibilities shared with Morgan Stanley Investment Management Company. The fund's strategy involves investing in the public equity markets of India, specifically targeting shares of companies spanning a wide array of diversified sectors. Its financial performance is benchmarked against the U.S. dollar-adjusted BSE National Index. ## Key Facts | Metric | Value | |---|---| | Price | $21.21 | | Expense Ratio | 1.35% | | Assets Under Management | $200.3M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 9.36% | | Annual Distribution (TTM) | $1.99 /share | | Distribution Frequency | Annual | | 52-Week Range | $19.83 – $27.99 | | Beta | 0.62 | ## Latest Distribution - Amount: $1.9852 /share - Ex-date: 2025-12-19 - Pay date: 2026-01-15 ## Frequently Asked Questions ### What does IIF invest in? The Morgan Stanley India Investment Fund, Inc. is a U.S.-domiciled, closed-end equity mutual fund that began operations on December 22, 1993. It was initially established and is primarily managed by Morgan Stanley Investment Management Inc., with co-management responsibilities shared with Morgan Stanley Investment Management Company. The fund's strategy involves investing in the public equity markets of India, specifically targeting shares of companies spanning a wide array of diversified sectors. Its financial performance is benchmarked against the U.S. dollar-adjusted BSE National Index. ### What is the expense ratio of IIF? Morgan Stanley India Investment Fund, Inc. (IIF) charges an expense ratio of 1.35%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is IIF? Morgan Stanley India Investment Fund, Inc. (IIF) manages $200.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is IIF actively managed or an index fund? IIF's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was IIF launched? Morgan Stanley India Investment Fund, Inc. (IIF) launched in February 1994 and is managed by Morgan Stanley. ### How has IIF performed? IIF's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does IIF pay a dividend? Morgan Stanley India Investment Fund, Inc. (IIF) currently distributes little or no income. Trailing-twelve-month yield is 9.36%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does IIF pay dividends? Morgan Stanley India Investment Fund, Inc. pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is IIF's dividend yield? IIF's trailing-twelve-month yield is 9.36%, calculated from the sum of dividends over the past year divided by the current price. ### When is IIF's next ex-dividend date? The most recently announced ex-dividend date for IIF was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will IIF's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.35% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IIF charge its expense ratio? The expense ratio is deducted in tiny daily slices from IIF's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IIF cost more than a fund like VOO? IIF's strategy (current expense ratio 1.35%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where IIF sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to IIF? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as IIF (1.35%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/iif - Distribution history: https://www.dividenddata.com/funds/iif/dividend - Holdings & diversification: https://www.dividenddata.com/funds/iif/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/iif/expenses - Peer comparison: https://www.dividenddata.com/funds/iif/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.