Portfolio Holdings

Top 20 holdings as at 31 October 2022

Holding Sector % of Portfolio
Federal Bank Financials - Banks 7.1
IDFC Bank Financials - Banks 6.0
IndusInd Bank Financials - Banks 5.2
Ramkrishna Forgings Materials 5.1
City Union Bank Financials - Banks 4.6
Emami Consumer Staples 4.3
Persistent Systems IT 3.6
PI Industries Materials 3.5
Affle India Communication Services 3.2
Balkrishna Industries Consumer Discretionary 3.1
Multi Commodity Exchange Financials 3.1
Neuland Laboratories Health Care 2.9
Jyothy Laboratories Consumer Staples 2.9
Kajaria Ceramics Industrials 2.8
Bajaj Electricals Consumer Discretionary 2.8
CCL Products India Consumer Staples 2.7
Tech Mahindra IT 2.7
Dixon Technologies Consumer Discretionary 2.7
Sagar Cements Materials 2.4
Welspun India Consumer Discretionary 2.4

Portfolio analysis by sector as at 31 October 2022

Sector No. of Companies % of Portfolio
Financials 6 26.9
Materials 7 18.1
Consumer Discretionary 7 15.9
Industrials 5 10.8
Consumer Staples 3 10.0
IT 3 7.2
Health Care 3 4.3
Communication Services 1 3.2
Total Equity Investment 35 96.4
Net Cash 3.6
Total Portfolio 35 100.0

Portfolio analysis by market capitalisation size as at 31 October 2022

Market capitalisation size No. of Companies % of Portfolio
Small Cap (M/Cap < US$2bn) 16 42.5
Mid Cap (US$2bn < M/Cap < US$8bn) 16 44.9
Large Cap (M/Cap > US$8bn) 3 9.0
Total Equity Investment 35 96.4
Net Cash 3.6
Total Portfolio 35 100.0