Excel India Growth & Income Fund is a Canada-based closed-end investment fund. The investment objective of the Fund is to invest all or substantially all of its assets in its subsidiary, Excel Funds Mauritius Company Ltd. (Excel Mauritius). The Fund invests in various sectors, including financial services, government bonds, utilities and energy, information technology, oil and gas, automotive services, consumer products, pharmaceuticals and healthcare, industrial and manufacturing, infrastructure and development, materials, mutual funds and telecommunications. The Fund's geographical locations include India, Canada and the United States. Excel Mauritius operates as a collective investment scheme in the Republic of Mauritius to carry on investment activities. Excel Funds Management Inc. is the investment fund manager of the Fund.