Portfolio Holdings

Top 20 holdings as at 28 April 2023

Holding Sector % of Portfolio
Federal Bank Financials - Banks 7.0
IDFC Bank Financials - Banks 6.2
IndusInd Bank Financials - Banks 5.0
Ramkrishna Forgings Materials 4.2
Neuland Laboratories Health Care 3.9
Persistent Systems IT 3.7
PI Industries Materials 3.5
City Union Bank Financials - Banks 3.3
Emami Consumer Staples 3.3
JK Lakshmi Cement Materials 3.1
CCL Products India Consumer Staples 3.1
Skipper Industrials 2.9
Balkrishna Industries Consumer Discretionary 2.8
Sona BLW Precision Forgings Consumer Discretionary 2.8
Kajaria Ceramics Industrials 2.7
Jyothy Laboratories Consumer Staples 2.7
Welspun India Consumer Discretionary 2.6
Uniparts India Industrials 2.6
Dixon Technologies Consumer Discretionary 2.5
Affle India Communication Services 2.5

Portfolio analysis by sector as at 28 April 2023

Sector No. of Companies % of Portfolio
Financials 6 24.2
Materials 7 17.8
Consumer Discretionary 8 16.5
Industrials 6 14.5
Consumer Staples 3 9.1
IT 2 5.7
Health Care 1 3.9
Communication Services 1 2.5
Total Equity Investment 34 94.2
Net Cash 5.8
Total Portfolio 34 100.0

Portfolio analysis by market capitalisation size as at 28 April 2023

Market capitalisation size No. of Companies % of Portfolio
Small Cap (M/Cap < US$2bn) 17 44.4
Mid Cap (US$2bn < M/Cap < US$8bn) 14 41.6
Large Cap (M/Cap > US$8bn) 3 8.1
Total Equity Investment 34 94.2
Net Cash 5.8
Total Portfolio 34 100.0