Morgan Stanley India Investment Fund Inc. Common Stock (IIF)

FairStock Score: 42/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

I look at this closed-end fund as a basket of Indian public equities, not an operating business with a durable moat. At the 2026-10-13 close of $21.49, it has a $214 million market cap. The FairStock valuation shows a price-to-book of 0.84, so the shares change hands below accounting book value. That is the main attraction. But the same data shows a negative P/E of -5.99 and a return on equity of -12.66%, with ROCE at -0.47%. A Piotroski F-score of 1/9 is very weak, and the FairStock score is only 42/100. The 9.24% dividend yield is eye-catching, but with negative earnings it is not obviously covered. Beta is 0.62, suggesting lower volatility than the market, and the Altman Z-score of 3.83 is not a distress signal. The 52-week range of $19.83 to $27.99 shows the price is nearer the low. Growth is impossible to judge from the provided record: revenue and profit growth are N/A, and the Lynch category is none because there are only 0 years of filed results. As a Graham-style investor, I see an asset-discount situation with a high yield, but the negative returns and weak quality score mean the margin of safety is uncertain. I would need evidence of improving earnings and a narrower discount before calling this a sound value proposition.

In plain English: It is a fund that invests in Indian stocks. It is currently losing money and has a weak financial score, though it pays a large dividend. The shares trade below their accounting value, so the price may look cheap compared with its assets, but the losses make the picture mixed.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer