Portfolio Holdings

Top 20 holdings as at 30 June 2024

Holding	Sector	% of Portfolio
Dixon Technologies	Consumer Discretionary	6.6
Federal Bank	Financials - Banks	5.5
Emami	Consumer Staples	4.9
Skipper	Industrials	4.2
IDFC Bank	Financials	3.9
Ramkrishna Forgings	Materials	3.9
Neuland Laboratories	Health Care	3.9
RBL Bank	Financials - Banks	3.6
PI Industries	Materials	3.3
Sona BLW Precision Forgings	Consumer Discretionary	3.3
IndusInd Bank	Financials - Banks	3.2
Affle India	Communication Services	3.0
JK Lakshmi Cement	Materials	2.9
Welspun India	Consumer Discretionary	2.7
Multi Commodity Exchange	Financials	2.6
Kajaria Ceramics	Industrials	2.6
Balkrishna Industries	Consumer Discretionary	2.5
City Union Bank	Financials	2.5
VIP Industries	Consumer Discretionary	2.5
CCL Products India	Consumer Staples	2.25

Portfolio analysis by sector as at 30 June 2024

Sector	No. of Companies	% of Portfolio
Financials	7	22.6
Consumer Discretionary	8	22.7
Industrials	7	14.3
Materials	5	14.1
Consumer Staples	3	9.0
Health Care	3	7.6
IT	1	3.1
Communication Services	1	3.0
Total Equity Investment	34	96.5
Net Cash		3.5
Total Portfolio	35	100.0

Portfolio analysis by market capitalisation size as at 30 June 2024

Market capitalisation size	No. of Companies	% of Portfolio
Small Cap (M/Cap < US$2bn)	19	46.3
Mid Cap (US$2bn < M/Cap < US$8bn)	13	39.1
Large Cap (M/Cap > US$8bn)	3	11.1
Total Equity Investment	35	96.5
Net Cash		3.5
Total Portfolio	35	100.0

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