Portfolio Holdings

Top 20 holdings as at 30 December 2022

Holding Sector % of Portfolio
Federal Bank Financials - Banks 7.2
IDFC Bank Financials - Banks 5.9
IndusInd Bank Financials - Banks 5.2
City Union Bank Financials - Banks 4.2
Ramkrishna Forgings Materials 4.1
Emami Consumer Staples 3.7
Persistent Systems IT 3.6
PI Industries Materials 3.5
JK Lakshmi Cement Materials 3.3
Skipper Industrials 3.3
Balkrishna Industries Consumer Discretionary 3.2
Neuland Laboratories Health Care 3.1
Kajaria Ceramics Industrials 2.9
Affle India Communication Services 2.9
Jyothy Laboratories Consumer Staples 2.9
Multi Commodity Exchange Financials 2.8
CCL Products India Consumer Staples 2.8
Bajaj Electricals Consumer Discretionary 2.7
Sagar Cements Materials 2.7
Tech Mahindra IT 2.5

Portfolio analysis by sector as at 30 December 2022

Sector No. of Companies % of Portfolio
Financials 6 26.3
Materials 7 18.0
Consumer Discretionary 8 16.7
Industrials 5 12.6
Consumer Staples 3 9.3
IT 3 6.9
Health Care 2 3.4
Communication Services 1 2.9
Total Equity Investment 35 96.0
Net Cash 4.0
Total Portfolio 35 100.0

Portfolio analysis by market capitalisation size as at 30 December 2022

Market capitalisation size No. of Companies % of Portfolio
Small Cap (M/Cap < US$2bn) 18 46.5
Mid Cap (US$2bn < M/Cap < US$8bn) 15 41.8
Large Cap (M/Cap > US$8bn) 2 7.7
Total Equity Investment 35 96.0
Net Cash 4.0
Total Portfolio 35 100.0