Portfolio Holdings

Top 20 holdings as at 31 May 2026

Holding	Sector	% of Portfolio
Skipper	Industrials	6.7
RBL Bank	Financial - Banks	5.5
Multi Commodity Exchange	Financial Services	4.9
Federal Bank	Financials - Banks	4.5
Neuland Laboratories	Health Care	3.9
IDFC Bank	Financial - Banks	3.7
Dixon Technologies	Consumer Discretionary	3.6
City Union Bank	Financials - Banks	3.3
Kajaria Ceramics	Consumer Discretionary	3.1
Atlanta Electricals	Industrials	3.1
Affle India	Digital	3.1
CCL Products India	Consumer Staples	3.0
Essel Propack	Consumer Staples	2.9
Coforge	IT Services	2.7
Emami	Consumer Staples	2.7
Persistent Systems	IT Services	2.7
Sona BLW Precision Forgings	Auto & Auto Ancillary	2.7
Triveni Turbines	Industrial	2.4
Ramkrishna Forgings	Auto & Auto Ancillary	2.6
Aether Industries	Chemicals	2.5

Portfolio analysis by sector as at 31 May 2026

Sector	No. of Companies	% of Portfolio
Auto & Auto Ancilliary	3	7.2
Cement	2	4.1
Chemicals	2	4.3
Consumer Discretionary	3	8.5
Consumer Staples	3	8.6
Digital	2	5.3
Energy	0	0.0
Financials Banks	4	17.1
Financial Services	2	7.2
Health Care	2	5.8
Industrials	6	17.6
IT Services	2	5.5
Metals	0	0.0
Real Estate	0	0.0
Textiles	2	2.9
Utilities	0	0.0
Total Equity Investment	33	94.1
Net Cash	0	5.9
Total Portfolio	33	100.0

Portfolio analysis by Market Capitalisation as at 31 May 2026

Market Capitalisation Size	No. of Companies	% of Portfolio
Small Cap (M/Cap < US$3.5bn)	26	70.0
Mid Cap (US$3.5bn < M/Cap < US$10.5bn)	7	24.1
Large Cap (M/Cap > US$10.5bn)	0	0.0
Total Equity Investment	33	94.1
Net Cash	0	5.9
Total Portfolio	33	100.0

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