Portfolio Holdings

Top 20 holdings as at 31 December 2021

Holding Sector % of Portfolio
Federal Bank Finacials - Banks 5.7
Tech Mahindra IT 5.5
Persistent Systems IT 4.9
Emami Consumer Staples 4.0
Welspun India Consumer Discretionary 4.0
Ramkrishna Forgings Materials 3.8
PI Industries Materials 3.8
IndusInd Bank Financials - Banks 3.7
IDFC Bank Financials - Banks 3.4
Dixon Technologies Consumer Discretionary 3.2
Kajaria Ceramics Industrials 3.2
Aarti Industries Materials 3.0
Sona BLW Precision Forgings Consumer Discretionary 2.8
Balkrishna Industries Consumer Discretionary 2.8
Sagar Cements Materials 2.8
Divi's Laboratories Health Care 2.8
Affle India Communication Services 2.7
CCL Products India Consumer Staples 2.6
Neuland Laboratories Health Care 2.6
Bajaj Electricals Consumer Discretionary 2.6

Portfolio analysis by sector as at 31 December 2021

Sector No. of Companies % of Portfolio
Materials 7 19.0
Consumer Discretionary 6 16.7
Financials - Banks 4 15.1
IT 2 10.4
Consumer Staples 3 9.0
Industrials 4 8.7
Health Care 2 5.4
Communication Services 1 2.7
Financials - Diversified 1 2.4
Utilities 1 2.4
Energy 1 1.9
Total Equity Investment 32 93.7
Net Cash 6.3
Total Portfolio 32 100.0

Portfolio analysis by market capitalisation size as at 31 December 2021

Market capitalisation size No. of Companies % of Portfolio
Small Cap (M/Cap < US$2bn) 15 36.6
Mid Cap (US$2bn < M/Cap < US$8bn) 14 45.1
Large Cap (M/Cap > US$8bn) 3 12.0
Total Equity Investment 32 93.7
Net Cash 6.3
Total Portfolio 32 100.0