The India Fund, Inc. (IFN) Announces Name Change

Rhea-AI Summary

The India Fund (NYSE: IFN) will change its name to Aberdeen India Fund, Inc. effective February 27, 2026.

The fund's ticker symbol, CUSIP (454089103), and investment manager will remain unchanged; Aberdeen will continue managing the fund, as it has since December 2011.

Key Figures

Effective date: February 27, 2026 Announcement date: February 12, 2026 Manager tenure start: December 2011 +1 more

4 metrics

Effective date February 27, 2026 Date when the Fund’s new name becomes effective

Announcement date February 12, 2026 Date the Board-approved name change was announced

Manager tenure start December 2011 Aberdeen has managed the Fund since this date

CUSIP 454089103 Fund’s CUSIP remains unchanged after name change

Market Reality Check

Price: $14.02 Vol: Volume 178,605 is 0.54x t...

low vol

$14.02 Last Close

Volume Volume 178,605 is 0.54x the 20-day average of 330,173, indicating subdued activity ahead of the name change. low

Technical Shares trade below the 200-day MA of 15.14, with current price at 14.19 and 16.28% below the 52-week high.

Peers on Argus

IFN slipped 0.28% with mixed moves across asset-management peers: some down (e.g...

IFN slipped 0.28% with mixed moves across asset-management peers: some down (e.g., BOE, EMD, RMT) and others up (e.g., STK, PEO), suggesting stock-specific factors rather than a broad sector move.

Historical Context

1 past event · Latest: Dec 09 (Positive)

Pattern 1 events

Date	Event	Sentiment	Move	Catalyst
Dec 09	Distribution policy change	Positive	-0.2%	Raised managed distribution payout rate from 10% to 12% of NAV.

Pattern Detected

The most recent prior news, a distribution policy increase, was positive but saw a slight negative price reaction, hinting at mild divergence between fundamentals and trading.

Recent Company History

In the past six months, IFN’s disclosed news flow has been limited but impactful. On Dec 09, 2025, the fund announced a 20% increase in its managed distribution policy, lifting the annualized payout rate from 10% to 12% of average daily NAV. Despite the shareholder-friendly nature of that move, the stock declined about 0.22% over the following 24 hours. Today’s name-change announcement fits a pattern of structural updates rather than strategy shifts.

Market Pulse Summary

This announcement formalizes a rebranding of The India Fund, Inc. to Aberdeen India Fund, Inc., with...

Analysis

This announcement formalizes a rebranding of The India Fund, Inc. to Aberdeen India Fund, Inc., with no change to ticker, CUSIP, or the Aberdeen management that has been in place since December 2011. It highlights closed-end fund characteristics, including potential premiums or discounts to NAV and the impact on dividend reinvestment plans. Investors should focus on how the fund’s discount/premium behavior, distribution policy, and portfolio performance evolve following this branding update.

Key Terms

cusip, closed-end funds, net asset value (nav), dividend reinvestment plan

4 terms

cusip regulatory

"Ticker | Current Name | New Name | CUSIP"

A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.

closed-end funds financial

"Important InformationClosed-end funds are traded on the secondary market"

A closed-end fund is an investment pool that raises a fixed amount of money by issuing a set number of shares, which then trade on an exchange like stocks. Unlike bank-style mutual funds that buy or sell shares on demand, its market price can sit above or below the fund’s per-share value of holdings (like a used-car market price versus the sticker price), so investors should watch both the traded price and the underlying asset value for potential bargains or risks.

net asset value (nav) financial

"premium) or below (a discount) the net asset value (NAV) of the fund's portfolio"

Net asset value (NAV) is the per-share value of an investment fund calculated by totaling the fund’s assets, subtracting its liabilities, and dividing the remainder by the number of outstanding shares. Think of it like a price tag on each share of a collective piggy bank: investors use NAV to see what each share is worth, to compare funds, and, for many funds, it’s the price at which shares are bought or redeemed.

dividend reinvestment plan financial

"Shareholders of a fund trading at a premium who participate in that fund's dividend reinvestment plan"

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

AI-generated analysis. Not financial advice.

PHILADELPHIA, Feb. 12, 2026 /PRNewswire/ -- The Board of Directors of The India Fund, Inc. (IFN) has approved a name change for the Fund, to be effective February 27, 2026, as set forth below. 

The Funds' ticker symbol, CUSIP, and investment manager are not changing. Aberdeen will continue to manage the Fund, as it has since December 2011.

Ticker	Current Name	New Name	CUSIP
NYSE: IFN	The India Fund, Inc.	Aberdeen India Fund, Inc.	454089103

Important Information

Closed-end funds are traded on the secondary market through one of the stock exchanges. A fund's investment return and principal value will fluctuate so that an investor's shares may be worth more or less than the original cost. Shares of closed-end funds may trade above (a premium) or below (a discount) the net asset value (NAV) of the fund's portfolio. There is no assurance that a fund will achieve its investment objective. Past performance does not guarantee future results.

The value at which a closed-end fund stock trades on a stock exchange is a function of external market factors that are not under the control of the Fund's Board or Investment Advisor. Closed-end fund shares may therefore trade at a premium or a discount to net asset value at any given time. Shareholders should be aware that a fund trading at a premium to net asset value may not be sustainable, and a fund's discount to net asset value can widen as well as narrow. Shareholders of a fund trading at a premium who participate in that fund's dividend reinvestment plan should note the reinvestment of distributions may occur at a premium to net asset value.

About Aberdeen Investments

Aberdeen Investments Global is the trade name of Aberdeen's investments business, herein referred to as "Aberdeen Investments" or "Aberdeen". In the United States, Aberdeen Investments refers to the following affiliated, registered investment advisers: abrdn Inc., abrdn Investments Limited, and abrdn Asia Limited.

Aberdeen Investments is one of the world's largest asset management firms with extensive experience in managing closed-end funds dating back to the 1980s. As of December 31, 2025, Aberdeen Investments had approximately $525 billion in assets under management.

The India Fund, Inc. (IFN)

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SOURCE The India Fund, Inc.

FAQ

What name change did The India Fund (IFN) announce and when does it take effect?

The fund will be renamed Aberdeen India Fund, Inc. effective February 27, 2026. According to the company, the change affects only the fund's corporate name and not its ticker, CUSIP, or investment manager.

Will IFN's ticker symbol or CUSIP change after the February 27, 2026 name update?

No, IFN's ticker symbol and CUSIP will not change following the name update. According to the company, the fund retains the same NYSE ticker and CUSIP 454089103 while only the fund's legal name is updated.

Who will continue to manage IFN after it becomes Aberdeen India Fund, Inc. on February 27, 2026?

Aberdeen will continue to manage the fund after the name change. According to the company, Aberdeen has managed the fund since December 2011 and will remain the investment manager under the new name.

Does the February 27, 2026 name change for IFN affect shareholders' investment terms or NAV?

No specific investment terms or NAV changes were announced as part of the name change. According to the company, the announcement addresses only the fund's name; trading mechanics and investment risks remain governed by normal closed-end fund dynamics.

How should shareholders interpret the name change of IFN to Aberdeen India Fund, Inc. for trading and records?

Shareholders should note the fund's legal name will change while trading identifiers remain the same. According to the company, the ticker and CUSIP remain unchanged, so trading, account records, and settlement processes should continue uninterrupted.