Whether this fund clears the published standards, and the filings behind that answer. The screen runs first and nothing on the trading side can override it.
Structure, momentum, positioning and levels. Separate from the Sharia verdict above, which this side never overrides.
MORGAN STANLEY INDIA INVESTMENT FUND, INC.
43 holdings · as of 2026-06-30 (2.7 months ago)
This fund holds short positions, so exposure is counted gross — long and short both count as exposure rather than netting off, and the weights below therefore sum to 102% of net assets rather than 100%. Shares of the portfolio are shown as shares of that gross exposure.
NON-COMPLIANT 48.79% of portfolio weight is in non-compliant holdings, over the 5% threshold.
43 holdings, 42 matched (97% of weight). Portfolio as of 2026-06-30, filed 2026-08-21. Source: SEC Form N-PORT.
13.33% of this portfolio’s income is non-permissible — weighted across holdings, computed over 74% of portfolio weight (35 of 43 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.
49.7% compliant 0.0% questionable 47.6% non-compliant 2.7% unscreened
| Holding | Status | Weight | Every methodology, and the debt ratio behind it |
|---|---|---|---|
| ICICIBANK.NS ICICI Bank Ltd | NON_COMPLIANT | 10.31% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| HDFCBANK.NS HDFC Bank Ltd | NON_COMPLIANT | 5.78% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AXISBANK.BO Axis Bank Ltd | NON_COMPLIANT | 5.30% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| APOLLOHOSP.NS Apollo Hospitals Enterprise Ltd | COMPLIANT | 3.92% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| M&M.NS Mahindra & Mahindra Ltd | NON_COMPLIANT | 3.86% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SHRIRAMFIN.BO Shriram Finance Ltd | NON_COMPLIANT | 3.40% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BHARTIHEXA.NS Bharti Hexacom Ltd | COMPLIANT | 3.29% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| MANKIND.NS Mankind Pharma Ltd | COMPLIANT | 3.16% | AAOIFI6.6% Usmani22.9% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic22.5% MSCI Islamic M-Seriespass FTSE Shariah22.5% |
| GRASIM.NS Grasim Industries Ltd | NON_COMPLIANT | 3.13% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| BAJFINANCE.NS Bajaj Finance Ltd | NON_COMPLIANT | 3.11% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| RELIANCE.NS Reliance Industries Ltd | COMPLIANT | 3.06% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| PIDILITIND.NS Pidilite Industries Ltd | COMPLIANT | 2.91% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| State Bank of India | UNSCREENED | 2.78% | no in-house ratios for this holding |
| CHOLAFIN.BO Cholamandalam Investment and Finance Co Ltd | NON_COMPLIANT | 2.76% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| INFY Infosys Ltd | COMPLIANT | 2.75% | AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0% |
| MOTHERSON.BO Samvardhana Motherson International Ltd | COMPLIANT | 2.63% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| DMART.NS Avenue Supermarts Ltd | COMPLIANT | 2.47% | AAOIFI1.0% Usmani13.2% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic8.2% MSCI Islamic M-Seriespass FTSE Shariah8.2% |
| IDFCFIRSTB.BO IDFC First Bank Ltd | NON_COMPLIANT | 2.33% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AAVAS.NS Aavas Financiers Ltd | NON_COMPLIANT | 2.24% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| SBILIFE.NS SBI Life Insurance Co Ltd | NON_COMPLIANT | 2.22% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| MAXHEALTH.BO Max Healthcare Institute Ltd | COMPLIANT | 2.11% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ETERNAL.NS Eternal Ltd | COMPLIANT | 2.00% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| COLPAL.NS Colgate-Palmolive India Ltd | COMPLIANT | 1.94% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| POWERINDIA.NS Hitachi Energy India Ltd | COMPLIANT | 1.90% | AAOIFI0.1% Usmani1.4% Dow Jones Islamicpass S&P Shariahpass MSCI Islamic0.7% MSCI Islamic M-Seriespass FTSE Shariah0.7% |
| CROMPTON.NS Crompton Greaves Consumer Electricals Ltd | COMPLIANT | 1.88% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| BIKAJI.NS Bikaji Foods International Ltd | COMPLIANT | 1.72% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| SUPREMEIND.BO Supreme Industries Ltd | COMPLIANT | 1.56% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| KEI.NS KEI Industries Ltd | COMPLIANT | 1.56% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| PPLPHARMA.NS Piramal Pharma Ltd | COMPLIANT | 1.46% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| EMCURE.BO Emcure Pharmaceuticals Ltd | COMPLIANT | 1.44% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| JSWCEMENT.NS JSW Cement Ltd | COMPLIANT | 1.38% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| JSWINFRA.NS JSW Infrastructure Ltd | NON_COMPLIANT | 1.28% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| COFORGE.NS Coforge Ltd | COMPLIANT | 1.27% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
| LODHA.NS Lodha Developers Ltd | COMPLIANT | 1.25% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| HDFCAMC.NS HDFC Asset Management Co Ltd | COMPLIANT | 1.21% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| ATHERENERG.NS Ather Energy Ltd | COMPLIANT | 1.19% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| RUSTOMJEE.NS Keystone Realtors Ltd | NON_COMPLIANT | 1.13% | AAOIFIfail Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| 360ONE.NS 360 ONE WAM Ltd | NON_COMPLIANT | 1.10% | AAOIFIfail Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| IXIGO.NS Le Travenues Technology Ltd | COMPLIANT | 1.02% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahfail |
| MS Morgan Stanley & Co. LLC | NON_COMPLIANT | 0.83% | AAOIFI115.6% Usmani23.4% Dow Jones Islamic161.6% S&P Shariah189.1% MSCI Islamic23.4% MSCI Islamic M-Series189.1% FTSE Shariah23.4% |
| RBA.NS Restaurant Brands Asia Ltd | COMPLIANT | 0.71% | AAOIFIpass Usmanifail Dow Jones Islamicfail S&P Shariahfail MSCI Islamicfail MSCI Islamic M-Seriesfail FTSE Shariahfail |
| AGARWALEYE.NS Dr Agarwal's Health Care Ltd | COMPLIANT | 0.60% | AAOIFIpass Usmanifail Dow Jones Islamicpass S&P Shariahpass MSCI Islamicpass MSCI Islamic M-Seriespass FTSE Shariahpass |
| FRACTAL.NS Fractal Analytics Ltd | COMPLIANT | 0.48% | AAOIFIpass Usmanipass Dow Jones Islamicpass S&P Shariahpass MSCI Islamicfail MSCI Islamic M-Seriespass FTSE Shariahpass |
The published standards disagree about this fund by 18 points of portfolio weight — 48.6% of it passes Dow Jones Islamic, 30.5% passes MSCI Islamic. Which number is yours depends on which standard you follow.
These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.
ratios pass on 48.1% ratios fail on 48.8% 5.5% not rated under AAOIFI
ratios pass on 35.2% ratios fail on 60.9% 6.4% not rated under Usmani
ratios pass on 48.6% ratios fail on 48.4% 5.5% not rated under Dow Jones Islamic
ratios pass on 48.6% ratios fail on 48.4% 5.5% not rated under S&P Shariah
ratios pass on 30.5% ratios fail on 65.6% 6.4% not rated under MSCI Islamic
ratios pass on 48.6% ratios fail on 48.4% 5.5% not rated under MSCI Islamic M-Series
ratios pass on 40.5% ratios fail on 55.6% 6.4% not rated under FTSE Shariah
42 of 43 listed holdings carry our own per-methodology verdicts (100% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 5 (11% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.
| Non-compliant holding | Weight |
|---|---|
| ICICIBANK.NS ICICI Bank Ltd | 10.31% |
| HDFCBANK.NS HDFC Bank Ltd | 5.78% |
| AXISBANK.BO Axis Bank Ltd | 5.30% |
| M&M.NS Mahindra & Mahindra Ltd | 3.86% |
| SHRIRAMFIN.BO Shriram Finance Ltd | 3.40% |
| GRASIM.NS Grasim Industries Ltd | 3.13% |
| BAJFINANCE.NS Bajaj Finance Ltd | 3.11% |
| CHOLAFIN.BO Cholamandalam Investment and Finance Co Ltd | 2.76% |
| IDFCFIRSTB.BO IDFC First Bank Ltd | 2.33% |
| AAVAS.NS Aavas Financiers Ltd | 2.24% |
Methodology breakdown computing — it will appear here on its own.
Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.
The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.
Morgan Stanley India Investment Fund, Inc. (IIF) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.
Computing the full ratio and business-activity breakdown for IIF — this runs off the critical path so the page paints first. It will appear here on its own.
Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset
Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 32.70 | NEUTRAL |
| Stochastic %K (14) | 12.23 | BUY |
| CCI (20) | -108.07 | BUY |
| Williams %R (14) | -87.77 | BUY |
| MACD (12,26,9) | -0.11 | SELL |
| ROC (10) | -4.21 | SELL |
| Momentum (10) | -0.97 | SELL |
| EMA (10) | 22.34 | SELL |
| SMA (10) | 22.38 | SELL |
| EMA (20) | 22.59 | SELL |
| SMA (20) | 22.76 | SELL |
| EMA (30) | 22.69 | SELL |
| SMA (30) | 22.91 | SELL |
| EMA (50) | 22.72 | SELL |
| SMA (50) | 22.89 | SELL |
| EMA (100) | 22.71 | SELL |
| SMA (100) | 22.45 | SELL |
| EMA (200) | 23.22 | SELL |
| SMA (200) | 22.93 | SELL |
Financial Services · Asset Management
Morgan Stanley India Investment Fund, Inc. is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc. The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors. It benchmarks the performance of its portfolio against the U.S. dollar adjusted BSE National Index. Morgan Stanley India Investment Fund, Inc. was formed on December 22, 1993 and is domiciled in the United States.
Background via Yahoo Finance — informational, not part of the verdict.
Weak — low conviction, small size or skip
Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.
| Timeframe | Bias | Bars |
|---|---|---|
| 📅 Daily | BEARISH | 43 |
| 🕐 1H | NEUTRAL | 35 |
| ⏱ 15-Min | RANGING | 130 |
| ⏲ 5-Min | BULLISH | 234 |
Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.
How the rest of the sector moved over the same window. Context for a price move, never a cause of one.
Peer movement computing — it will appear here on its own.
The questions worth asking about any verdict on this page, answered plainly.
No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.
It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.
It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.
When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.
Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.
Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.
Peer screening computing — it will appear here on its own.
Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.
NO DATA 0 buys · 0 sells
The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.
NEUTRAL report date 2026-09-15 · Asset managers net 904684 (-7677)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.