# EDGAR Filing Document

**Accession Number:** 0000923184
**File Stem:** 0000940400-25-009736
**Filing Date:** 2025-11
**Character Count:** 36825
**Document Hash:** c83607ca86fe807dfb91fd964a713b37
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009736.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009736

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MATTHEWS INTERNATIONAL FUNDS
- **CENTRAL INDEX KEY:** 0000923184

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08510
- **FILM NUMBER:** 251513048

**BUSINESS ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111
- **BUSINESS PHONE:** 8007898742

**MAIL ADDRESS:**
- **STREET 1:** FOUR EMBARCADERO CENTER
- **STREET 2:** SUITE 550
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94111

## Series and Classes Contracts Data

### MATTHEWS INDIA FUND (Series ID: S000001036)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000002794 | Investor Class Shares      | MINDX           |
| C000093228 | Institutional Class Shares | MIDNX           |

## Nport-Ex

Matthews India FundSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited)*

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES: 102.4%** | **COMMON EQUITIES: 102.4%** | |
|  | **Shares** | <br>**Value** |
| **Financials: 32.6%** | **Financials: 32.6%** | **Financials: 32.6%** |
| **Banks: 19.2%** | **Banks: 19.2%** | **Banks: 19.2%** |
| HDFC Bank, Ltd. | 5699895 | $61084101 |
| ICICI Bank, Ltd. | 2735518 | 41457454 |
| State Bank of India | 1319190 | 12950121 |
| Axis Bank, Ltd. | 811735 | 10341054 |
| Kotak Mahindra Bank, Ltd. | 416943 | 9348396 |
| Federal Bank, Ltd. | 1887705 | 4101673 |
|  |  | **139282799** |
| **Consumer Finance: 8.6%** | **Consumer Finance: 8.6%** | **Consumer Finance: 8.6%** |
| Bajaj Finance, Ltd. | 2900836 | 32638713 |
| Shriram Finance, Ltd. | 3386006 | 23478056 |
| &nbsp;&nbsp;&nbsp;&nbsp; Cholamandalam Investment and Finance Co., <br> Ltd.<br>| 307406 | 5570374 |
| HDB Financial Services, Ltd.<sup>b</sup> <br>| 86914 | 734458 |
|  |  | **62421601** |
| **Insurance: 3.2%** | **Insurance: 3.2%** | **Insurance: 3.2%** |
| Max Financial Services, Ltd.<sup>b</sup> <br>| 702566 | 12470495 |
| ICICI Lombard General Insurance Co., Ltd.<sup>c,d</sup> <br>| 348290 | 7407199 |
| PB Fintech, Ltd.<sup>b</sup> <br>| 173600 | 3329663 |
|  |  | **23207357** |
| **Capital Markets: 1.3%** | **Capital Markets: 1.3%** | **Capital Markets: 1.3%** |
| 360 ONE WAM, Ltd. | 447870 | 5159363 |
| Nippon Life India Asset Management, Ltd.<sup>c,d</sup> <br>| 442714 | 4332981 |
|  |  | **9492344** |
| **Financial Services: 0.3%** | **Financial Services: 0.3%** | **Financial Services: 0.3%** |
| Jio Financial Services, Ltd. | 539693 | **1779403** |
| **Total Financials** |  | **236183504** |
| **Consumer Discretionary: 26.2%** | **Consumer Discretionary: 26.2%** | **Consumer Discretionary: 26.2%** |
| **Hotels, Restaurants & Leisure: 14.3%** | **Hotels, Restaurants & Leisure: 14.3%** | **Hotels, Restaurants & Leisure: 14.3%** |
| Eternal, Ltd.<sup>b</sup> <br>| 14863002 | 54564101 |
| Swiggy, Ltd.<sup>b</sup> <br>| 7151292 | 34040493 |
| Le Travenues Technology, Ltd.<sup>b,d</sup> <br>| 5007276 | 14962262 |
|  |  | **103566856** |
| **Automobiles: 9.3%** | **Automobiles: 9.3%** | **Automobiles: 9.3%** |
| Mahindra & Mahindra, Ltd. | 631068 | 24355837 |
| Eicher Motors, Ltd. | 217580 | 17179964 |
| TVS Motor Co., Ltd. | 383083 | 14835867 |
| Maruti Suzuki India, Ltd. | 60234 | 10879206 |
|  |  | **67250874** |
| **Specialty Retail: 0.9%** | **Specialty Retail: 0.9%** | **Specialty Retail: 0.9%** |
| Cartrade Tech, Ltd.<sup>b</sup> <br>| 251911 | **6951515** |
| **Textiles, Apparel & Luxury Goods: 0.9%** | **Textiles, Apparel & Luxury Goods: 0.9%** | **Textiles, Apparel & Luxury Goods: 0.9%** |
| Titan Co., Ltd. | 178418 | **6764458** |
| **Household Durables: 0.8%** | **Household Durables: 0.8%** | **Household Durables: 0.8%** |
| Crompton Greaves Consumer Electricals, Ltd. | 1751927 | **5748559** |
| **Total Consumer Discretionary** |  | **190282262** |

---

---

| | | |
|:---|:---|:---|
|  | **Shares** | **Value** |
| **Information Technology: 9.0%** | **Information Technology: 9.0%** | **Information Technology: 9.0%** |
| **IT Services: 6.1%** | **IT Services: 6.1%** | **IT Services: 6.1%** |
| Infosys, Ltd. | 1321314 | $21490491 |
| Tata Consultancy Services, Ltd. | 216025 | 7031468 |
| Persistent Systems, Ltd. | 109044 | 5933958 |
| Coforge, Ltd. | 312947 | 5613429 |
| LTIMindtree, Ltd.<sup>c,d</sup> <br>| 75001 | 4362382 |
|  |  | **44431728** |
| **Electronic Equipment, Instruments & Components: 2.1%** | **Electronic Equipment, Instruments & Components: 2.1%** | **Electronic Equipment, Instruments & Components: 2.1%** |
| Avalon Technologies, Ltd.<sup>b,c,d</sup> <br>| 850418 | 9663567 |
| PG Electroplast, Ltd. | 939746 | 5315015 |
|  |  | **14978582** |
| **Software: 0.8%** | **Software: 0.8%** | **Software: 0.8%** |
| AurionPro Solutions, Ltd. | 286164 | 3677026 |
| Zaggle Prepaid Ocean Services, Ltd.<sup>b</sup> <br>| 656904 | 2564832 |
|  |  | **6241858** |
| **Total Information Technology** |  | **65652168** |
| **Consumer Staples: 8.9%** | **Consumer Staples: 8.9%** | **Consumer Staples: 8.9%** |
| **Food Products: 3.8%** | **Food Products: 3.8%** | **Food Products: 3.8%** |
| Marico, Ltd. | 2247254 | 17660833 |
| Tata Consumer Products, Ltd. | 761505 | 9688872 |
|  |  | **27349705** |
| **Personal Care Products: 3.7%** | **Personal Care Products: 3.7%** | **Personal Care Products: 3.7%** |
| Hindustan Unilever, Ltd. | 654782 | 18546378 |
| Godrej Consumer Products, Ltd. | 449614 | 5907838 |
| Honasa Consumer, Ltd.<sup>b</sup> <br>| 741050 | 2344728 |
|  |  | **26798944** |
| **Tobacco: 0.8%** | **Tobacco: 0.8%** | **Tobacco: 0.8%** |
| ITC, Ltd. | 1314889 | **5943817** |
| **Beverages: 0.6%** | **Beverages: 0.6%** | **Beverages: 0.6%** |
| Varun Beverages, Ltd. | 864032 | **4316265** |
| **Total Consumer Staples** |  | **64408731** |
| **Health Care: 7.5%** | **Health Care: 7.5%** | **Health Care: 7.5%** |
| **Pharmaceuticals: 4.3%** | **Pharmaceuticals: 4.3%** | **Pharmaceuticals: 4.3%** |
| Neuland Laboratories, Ltd. | 136763 | 22539350 |
| Sun Pharmaceutical Industries, Ltd. | 207775 | 3740337 |
| Lupin, Ltd. | 148625 | 3212913 |
| Zydus Lifesciences, Ltd. | 133863 | 1483963 |
|  |  | **30976563** |
| **Health Care Providers & Services: 2.4%** | **Health Care Providers & Services: 2.4%** | **Health Care Providers & Services: 2.4%** |
| Metropolis Healthcare, Ltd.<sup>b,c,d</sup> <br>| 468159 | 10770451 |
| &nbsp;&nbsp;&nbsp;&nbsp; Yatharth Hospital & Trauma Care Services, <br> Ltd.<sup>b,d</sup> <br>| 786065 | 6571950 |
|  |  | **17342401** |
| **Life Sciences Tools & Services: 0.5%** | **Life Sciences Tools & Services: 0.5%** | **Life Sciences Tools & Services: 0.5%** |
| Divi's Laboratories, Ltd. | 52759 | **3391897** |
| **Health Care Equipment & Supplies: 0.3%** | **Health Care Equipment & Supplies: 0.3%** | **Health Care Equipment & Supplies: 0.3%** |
| Poly Medicure, Ltd. | 111874 | **2455810** |
| **Total Health Care** |  | **54166671** |

---

*matthewsasia.com* \| 800.789.ASIA **1**

------

Matthews India FundSeptember 30, 2025

*Schedule of Investments*<sup>a</sup> *(unaudited) (continued)*

---

| | | |
|:---|:---|:---|
| **COMMON EQUITIES** *(continued)* | **COMMON EQUITIES** *(continued)* | |
|  | **Shares** | <br>**Value** |
| **Industrials: 7.4%** | **Industrials: 7.4%** | **Industrials: 7.4%** |
| **Passenger Airlines: 1.5%** | **Passenger Airlines: 1.5%** | **Passenger Airlines: 1.5%** |
| InterGlobe Aviation, Ltd.<sup>c,d</sup> <br>| 173569 | **$10911705** |
| **Machinery: 1.5%** | **Machinery: 1.5%** | **Machinery: 1.5%** |
| Cummins India, Ltd. | 105561 | 4671358 |
| Ashok Leyland, Ltd. | 2312130 | 3718792 |
| Thermax, Ltd. | 60143 | 2146922 |
|  |  | **10537072** |
| **Electrical Equipment: 1.3%** | **Electrical Equipment: 1.3%** | **Electrical Equipment: 1.3%** |
| TD Power Systems, Ltd. | 733069 | 4876895 |
| Bharat Heavy Electricals, Ltd. | 986437 | 2649338 |
| Elecon Engineering Co., Ltd. | 226478 | 1447286 |
|  |  | **8973519** |
| **Professional Services: 1.1%** | **Professional Services: 1.1%** | **Professional Services: 1.1%** |
| Latent View Analytics, Ltd.<sup>b</sup> <br>| 1778792 | **8182204** |
| **Air Freight & Logistics: 1.0%** | **Air Freight & Logistics: 1.0%** | **Air Freight & Logistics: 1.0%** |
| Delhivery, Ltd.<sup>b</sup> <br>| 1462006 | **7408524** |
| **Transportation Infrastructure: 0.5%** | **Transportation Infrastructure: 0.5%** | **Transportation Infrastructure: 0.5%** |
| Gujarat Pipavav Port, Ltd. | 2135939 | **3803982** |
| **Construction & Engineering: 0.5%** | **Construction & Engineering: 0.5%** | **Construction & Engineering: 0.5%** |
| Techno Electric & Engineering Co., Ltd. | 250232 | **3759644** |
| **Total Industrials** |  | **53576650** |
| **Energy: 4.4%** | **Energy: 4.4%** | **Energy: 4.4%** |
| **Oil, Gas & Consumable Fuels: 4.4%** | **Oil, Gas & Consumable Fuels: 4.4%** | **Oil, Gas & Consumable Fuels: 4.4%** |
| Reliance Industries, Ltd. | 2087181 | **32058701** |
| **Total Energy** |  | **32058701** |
| **Communication Services: 4.0%** | **Communication Services: 4.0%** | **Communication Services: 4.0%** |
| **Wireless Telecommunication Services: 4.0%** | **Wireless Telecommunication Services: 4.0%** | **Wireless Telecommunication Services: 4.0%** |
| Bharti Airtel, Ltd. | 1357390 | **28708107** |
| **Total Communication Services** |  | **28708107** |
| **Materials: 2.4%** | **Materials: 2.4%** | **Materials: 2.4%** |
| **Construction Materials: 1.4%** | **Construction Materials: 1.4%** | **Construction Materials: 1.4%** |
| UltraTech Cement, Ltd. | 75360 | **10376597** |
| **Chemicals: 1.0%** | **Chemicals: 1.0%** | **Chemicals: 1.0%** |
| Asian Paints, Ltd. | 205466 | 5437582 |
| PI Industries, Ltd. | 35846 | 1417599 |
|  |  | **6855181** |
| **Total Materials** |  | **17231778** |
| **TOTAL COMMON EQUITIES** | **TOTAL COMMON EQUITIES** | **742268572** |
| (Cost $635,096,488) |  |  |

---

---

| | | |
|:---|:---|:---|
| **PREFERRED EQUITIES: 0.0%** | **PREFERRED EQUITIES: 0.0%** | |
|  | **Shares** | <br>**Value** |
| **Consumer Discretionary: 0.0%** | **Consumer Discretionary: 0.0%** | **Consumer Discretionary: 0.0%** |
| **Automobiles: 0.0%** | **Automobiles: 0.0%** | **Automobiles: 0.0%** |
| TVS Motor Co., Ltd., Pfd.<sup>b,e</sup> <br>| 1594296 | **$188538** |
| **Total Consumer Discretionary** |  | **188538** |
| **TOTAL PREFERRED EQUITIES** | **TOTAL PREFERRED EQUITIES** | **188538** |
| (Cost $0) |  |  |
| **Total Investments: 102.4%** |  | **742457110** |
| (Cost $635,096,488) |  |  |
| **LIABILITIES IN EXCESS OF CASH** <br>**AND OTHER ASSETS: (2.4%)**<br>|  | **(17208694)**<br>|
| **Net Assets: 100.0%** |  | **$725248416** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| a | &nbsp;&nbsp;&nbsp; Certain securities were fair valued under the valuation policies approved by the Board <br> of Trustees.<br>|
| b | Non-income producing security. |
| c | &nbsp;&nbsp;&nbsp; Security exempt from registration under Rule 144A of the Securities Act of 1933, as <br> amended. The security may be resold in transactions exempt from registration <br> normally to qualified institutional buyers. The security has been determined to be <br> liquid in accordance with procedures adopted by the Funds' Board of Trustees. At <br> September 30, 2025, the aggregate value is $47,448,285, which is 6.54% of net <br> assets.<br>|
| d | &nbsp;&nbsp;&nbsp; The securities may be resold to qualified foreign investors and foreign institutional <br> buyers under Regulation S of the Securities Act of 1933.<br>|
| e | &nbsp;&nbsp;&nbsp; Security is valued using significant unobservable inputs and is classified as Level 3 in <br> the fair value hierarchy. The aggregate value of Level 3 security is $188,538 and <br> 0.03% of net assets.<br>|
| Pfd. | Preferred |

---

Other information regarding the Fund is available in the Funds' most recent report to shareholders. This information is available on the Securities and Exchange Commission's website (www.sec.gov).

**2** MATTHEWS ASIA FUNDS

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Matthews International Funds

- **b. Investment Company Act file number:** 811-08510

- **c. CIK number of Registrant:** 0000923184

- **d. LEI of Registrant:** 5493007IYPQKGSDVTS49

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** Four Embarcadero Center

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94111

  - **Telephone number:** 415-788-7553

**Item A.2. Information about the Series.**

- **a. Name of Series:** Matthews India Fund

- **b. EDGAR series identifier (if any):** S000001036

- **c. LEI of Series:** 549300DGDF42K8MZTH75

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $726994471.58

**Total Liabilities:** $1262677.74

**Net Assets:** $725731793.84

**Cash Not Reported:** $17559875.32

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002794 | -3.78%               | -1.30%               | 1.76%                |
| Class ID C000093228 | -3.76%               | -1.30%               | 1.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6578114.24              | $-39175132.40                              |
| Month 2  | $1014662.05              | $-4524860.73                               |
| Month 3  | $912174.98               | $3581765.77                                |

### Schedule of Portfolio Investments

| Name                           | Title                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 360 ONE WAM Ltd                | 360 ONE WAM Ltd                              | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |    447870 | NS      | $5159363.55   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Max Financial Services Ltd     | Max Financial Services Ltd                   | CUSIP: 000000000<br>LEI: 335800Y9FX8XGFB64S40 | Long             | EC               | CORP              | IN        |    702566 | NS      | $12470494.70  | 1.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Finance Ltd              | Bajaj Finance Ltd                            | CUSIP: 000000000<br>LEI: 335800YTEXC3DO4Z6F68 | Long             | EC               | CORP              | IN        |   2900836 | NS      | $32638712.58  | 4.50%             |  |  |  | No            |                  2 | On Loan: No      |
| HDB Financial Services Ltd     | HDB Financial Services Ltd                   | CUSIP: 000000000<br>LEI: 335800WLGF5TDN2DEO63 | Long             | EC               | CORP              | IN        |     86914 | NS      | $734457.62    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Honasa Consumer Ltd            | Honasa Consumer Ltd                          | CUSIP: 000000000<br>LEI: 2549004POI9PD5S9GC46 | Long             | EC               | CORP              | IN        |    741050 | NS      | $2344728.45   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Le Travenues Technology Ltd    | Le Travenues Technology Ltd                  | CUSIP: 000000000<br>LEI: 894500YYQ69FQ449KJ55 | Long             | EC               | CORP              | IN        |   5007276 | NS      | $14962262.12  | 2.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Gujarat Pipavav Port Ltd       | Gujarat Pipavav Port Ltd                     | CUSIP: 000000000<br>LEI: 335800Y6JBMRA4Y8TA95 | Long             | EC               | CORP              | IN        |   2135939 | NS      | $3803982.37   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Lombard General Insuranc | ICICI Lombard General Insurance Co Ltd       | CUSIP: 000000000<br>LEI: 335800ZZITZ7ZZZ2ZX87 | Long             | EC               | CORP              | IN        |    348290 | NS      | $7407199.27   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Elecon Engineering Co Ltd      | Elecon Engineering Co Ltd                    | CUSIP: 000000000<br>LEI: 335800H65LT1IKZEIF87 | Long             | EC               | CORP              | IN        |    226478 | NS      | $1447285.93   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Heavy Electricals Ltd   | Bharat Heavy Electricals Ltd                 | CUSIP: 000000000<br>LEI: 3358007X5FQ2R445Z747 | Long             | EC               | CORP              | IN        |    986437 | NS      | $2649337.93   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| LTIMindtree Ltd                | LTIMindtree Ltd                              | CUSIP: 000000000<br>LEI: 335800DY1I1WFHVV6T22 | Long             | EC               | CORP              | IN        |     75001 | NS      | $4362381.75   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropolis Healthcare Ltd      | Metropolis Healthcare Ltd                    | CUSIP: 000000000<br>LEI: 335800SD5OOGR1D97215 | Long             | EC               | CORP              | IN        |    468159 | NS      | $10770451.06  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd                    | Eternal Ltd                                  | CUSIP: 000000000<br>LEI: 335800T4VOF9ETHF8W59 | Long             | EC               | CORP              | IN        |  14863002 | NS      | $54564100.62  | 7.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Asian Paints Ltd               | Asian Paints Ltd                             | CUSIP: 000000000<br>LEI: 335800HEHXGYRUNERD75 | Long             | EC               | CORP              | IN        |    205466 | NS      | $5437581.80   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Varun Beverages Ltd            | Varun Beverages Ltd                          | CUSIP: 000000000<br>LEI: 33580058NWEMWBDNMD48 | Long             | EC               | CORP              | IN        |    864032 | NS      | $4316265.11   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Eicher Motors Ltd              | Eicher Motors Ltd                            | CUSIP: 000000000<br>LEI: 25490059S64CN2OY7239 | Long             | EC               | CORP              | IN        |    217580 | NS      | $17179964.08  | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| AurionPro Solutions Ltd        | AurionPro Solutions Ltd                      | CUSIP: 000000000<br>LEI: 335800MR487397CQOL11 | Long             | EC               | CORP              | IN        |    286164 | NS      | $3677025.68   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Neuland Laboratories Ltd       | Neuland Laboratories Ltd                     | CUSIP: 000000000<br>LEI: 335800AVHZURTYQ17N08 | Long             | EC               | CORP              | IN        |    136763 | NS      | $22539349.77  | 3.11%             |  |  |  | No            |                  2 | On Loan: No      |
| UltraTech Cement Ltd           | UltraTech Cement Ltd                         | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | EC               | CORP              | IN        |     75360 | NS      | $10376596.56  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Persistent Systems Ltd         | Persistent Systems Ltd                       | CUSIP: 000000000<br>LEI: 3358006QYD77Z66S1J89 | Long             | EC               | CORP              | IN        |    109044 | NS      | $5933958.11   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| PG Electroplast Ltd            | PG Electroplast Ltd                          | CUSIP: 000000000<br>LEI: 335800KCTBN8PT395N87 | Long             | EC               | CORP              | IN        |    939746 | NS      | $5315015.41   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Crompton Greaves Consumer Elec | Crompton Greaves Consumer Electricals Ltd    | CUSIP: 000000000<br>LEI: 335800DIIEEWMH3UDH51 | Long             | EC               | CORP              | IN        |   1751927 | NS      | $5748558.50   | 0.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd              | Bharti Airtel Ltd                            | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |   1357390 | NS      | $28708107.39  | 3.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Latent View Analytics Ltd      | Latent View Analytics Ltd                    | CUSIP: 000000000<br>LEI: 335800DH59WJEXU4X131 | Long             | EC               | CORP              | IN        |   1778792 | NS      | $8182203.85   | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS MOTOR COMPANY              | TVS Motor Co Ltd                             | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EP               | CORP              | IN        |   1594296 | NS      | $188538.62    | 0.03%             |  |  |  | No            |                  3 | On Loan: No      |
| Infosys Ltd                    | Infosys Ltd                                  | CUSIP: 000000000<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |   1321314 | NS      | $21490491.49  | 2.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Yatharth Hospital & Trauma Car | Yatharth Hospital & Trauma Care Services Ltd | CUSIP: 000000000<br>LEI: 335800O1RTF5PUR2BH37 | Long             | EC               | CORP              | IN        |    786065 | NS      | $6571949.39   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashok Leyland Ltd              | Ashok Leyland Ltd                            | CUSIP: 000000000<br>LEI: 3358001BZKWERVWYCK35 | Long             | EC               | CORP              | IN        |   2312130 | NS      | $3718791.47   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd                        | ITC Ltd                                      | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |   1314889 | NS      | $5943816.56   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiggy Ltd                     | Swiggy Ltd                                   | CUSIP: 000000000<br>LEI: 335800R11DC3QR7KH186 | Long             | EC               | CORP              | IN        |   7151292 | NS      | $34040492.95  | 4.69%             |  |  |  | No            |                  2 | On Loan: No      |
| TVS Motor Co Ltd               | TVS Motor Co Ltd                             | CUSIP: 000000000<br>LEI: 335800URVL13UQEWM152 | Long             | EC               | CORP              | IN        |    383083 | NS      | $14835867.30  | 2.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd        | Reliance Industries Ltd                      | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |   2087181 | NS      | $32058700.87  | 4.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Cartrade Tech Ltd              | Cartrade Tech Ltd                            | CUSIP: 000000000<br>LEI: 984500F5CDO5D86C1326 | Long             | EC               | CORP              | IN        |    251911 | NS      | $6951515.11   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd        | Mahindra & Mahindra Ltd                      | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |    631068 | NS      | $24355836.43  | 3.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Titan Co Ltd                   | Titan Co Ltd                                 | CUSIP: 000000000<br>LEI: 549300RO9VJWPK37FE54 | Long             | EC               | CORP              | IN        |    178418 | NS      | $6764458.25   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Maruti Suzuki India Ltd        | Maruti Suzuki India Ltd                      | CUSIP: 000000000<br>LEI: 335800D27PBEESKKD357 | Long             | EC               | CORP              | IN        |     60234 | NS      | $10879206.34  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| TD Power Systems Ltd           | TD Power Systems Ltd                         | CUSIP: 000000000<br>LEI: 335800X4CR12E4TJMM03 | Long             | EC               | CORP              | IN        |    733069 | NS      | $4876894.96   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Unilever Ltd         | Hindustan Unilever Ltd                       | CUSIP: 000000000<br>LEI: 5493007IW5N37IKRPM32 | Long             | EC               | CORP              | IN        |    654782 | NS      | $18546377.56  | 2.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd                  | Axis Bank Ltd                                | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |    811735 | NS      | $10341054.54  | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| PI Industries Ltd              | PI Industries Ltd                            | CUSIP: 000000000<br>LEI: 335800PEGP94E4CC1D11 | Long             | EC               | CORP              | IN        |     35846 | NS      | $1417599.62   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Delhivery Ltd                  | Delhivery Ltd                                | CUSIP: 000000000<br>LEI: 335800CUQ1SBCH9TTH82 | Long             | EC               | CORP              | IN        |   1462006 | NS      | $7408523.50   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Cholamandalam Investment and F | Cholamandalam Investment and Finance Co Ltd  | CUSIP: 000000000<br>LEI: 3358008DNPV45O4EII52 | Long             | EC               | CORP              | IN        |    307406 | NS      | $5570374.31   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries  | Sun Pharmaceutical Industries Ltd            | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |    207775 | NS      | $3740337.09   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Techno Electric & Engineering  | Techno Electric & Engineering Co Ltd         | CUSIP: 000000000<br>LEI: 33580085UVBJWYBSQ267 | Long             | EC               | CORP              | IN        |    250232 | NS      | $3759644.47   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd                 | ICICI Bank Ltd                               | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |   2735518 | NS      | $41457453.61  | 5.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consumer Products Ltd     | Tata Consumer Products Ltd                   | CUSIP: 000000000<br>LEI: 335800LOXFWU8ZQJMD12 | Long             | EC               | CORP              | IN        |    761505 | NS      | $9688871.89   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Cummins India Ltd              | Cummins India Ltd                            | CUSIP: 000000000<br>LEI: 3358002PR6NKJRU4YS77 | Long             | EC               | CORP              | IN        |    105561 | NS      | $4671357.66   | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| State Bank of India            | State Bank of India                          | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |   1319190 | NS      | $12950121.19  | 1.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Shriram Finance Ltd            | Shriram Finance Ltd                          | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |   3386006 | NS      | $23478056.55  | 3.24%             |  |  |  | No            |                  2 | On Loan: No      |
| InterGlobe Aviation Ltd        | InterGlobe Aviation Ltd                      | CUSIP: 000000000<br>LEI: 33580079R8SLLO23XD19 | Long             | EC               | CORP              | IN        |    173569 | NS      | $10911705.10  | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Coforge Ltd                    | Coforge Ltd                                  | CUSIP: 000000000<br>LEI: 3358004YL9JGBNP4KF72 | Long             | EC               | CORP              | IN        |    312947 | NS      | $5613428.75   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Bank Ltd               | Federal Bank Ltd                             | CUSIP: 000000000<br>LEI: 335800J8VWGE2HGWF417 | Long             | EC               | CORP              | IN        |   1887705 | NS      | $4101672.76   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Divi's Laboratories Ltd        | Divi's Laboratories Ltd                      | CUSIP: 000000000<br>LEI: 335800C1DHFG1C9T1M03 | Long             | EC               | CORP              | IN        |     52759 | NS      | $3391896.71   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Lupin Ltd                      | Lupin Ltd                                    | CUSIP: 000000000<br>LEI: 335800HHXTESDEE2FC65 | Long             | EC               | CORP              | IN        |    148625 | NS      | $3212913.60   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Consumer Products Ltd   | Godrej Consumer Products Ltd                 | CUSIP: 000000000<br>LEI: 335800P4GUWLGZFK2D63 | Long             | EC               | CORP              | IN        |    449614 | NS      | $5907838.47   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Zydus Lifesciences Ltd         | Zydus Lifesciences Ltd                       | CUSIP: 000000000<br>LEI: 335800R9O14ORBXLPN13 | Long             | EC               | CORP              | IN        |    133863 | NS      | $1483962.81   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Poly Medicure Ltd              | Poly Medicure Ltd                            | CUSIP: 000000000<br>LEI: 335800XM9YRKFWFVXO61 | Long             | EC               | CORP              | IN        |    111874 | NS      | $2455810.14   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consultancy Services Ltd  | Tata Consultancy Services Ltd                | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |    216025 | NS      | $7031468.32   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Marico Ltd                     | Marico Ltd                                   | CUSIP: 000000000<br>LEI: 3358003SFDQFGJPC5O84 | Long             | EC               | CORP              | IN        |   2247254 | NS      | $17660832.99  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                  | HDFC Bank Ltd                                | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |   5699895 | NS      | $61084100.56  | 8.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Thermax Ltd                    | Thermax Ltd                                  | CUSIP: 000000000<br>LEI: 33580013S142QYY9TR81 | Long             | EC               | CORP              | IN        |     60143 | NS      | $2146922.44   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Zaggle Prepaid Ocean Services  | Zaggle Prepaid Ocean Services Ltd            | CUSIP: 000000000<br>LEI: 984500D889CA06A88173 | Long             | EC               | CORP              | IN        |    656904 | NS      | $2564831.95   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Avalon Technologies Ltd        | Avalon Technologies Ltd                      | CUSIP: 000000000<br>LEI: 335800JCPBRVSQZ3OS06 | Long             | EC               | CORP              | IN        |    850418 | NS      | $9663566.77   | 1.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kotak Mahindra Bank Ltd        | Kotak Mahindra Bank Ltd                      | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |    416943 | NS      | $9348396.18   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Jio Financial Services Ltd     | Jio Financial Services Ltd                   | CUSIP: 000000000<br>LEI: 3358003O268Q1OGBQR42 | Long             | EC               | CORP              | IN        |    539693 | NS      | $1779402.58   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Life India Asset Manage | Nippon Life India Asset Management Ltd       | CUSIP: 000000000<br>LEI: 335800ZQXV958RZSRU89 | Long             | EC               | CORP              | IN        |    442714 | NS      | $4332980.79   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| PB Fintech Ltd                 | PB Fintech Ltd                               | CUSIP: 000000000<br>LEI: 98450083AC6B01HF1F87 | Long             | EC               | CORP              | IN        |    173600 | NS      | $3329663.39   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Matthews International Funds

**Signature:** Shai Malka

**Name of Signer:** Shai Malka

**Title:** Treasurer