The Portfolio

Portfolio analysis by sector as at 31 December 2020

Sector No. of Companies % of Portfolio
Materials 7 20.1
Financials - Banks 4 17.3
Consumer Staples 4 14.6
Industrials 4 10.5
Consumer Discretionary 4 10.4
IT 3 6.8
Health Care 2 6.6
Utilities 1 3.7
Financials - Diversified 1 3.1
Energy 1 2.6
Financials - Insurance 1 2.2
Real Estate 1 0.1
Total Equity Investment 33 98.0
Net Cash 2.0
Total Portfolio 33 100.0

Top 20 holdings as at 31 December 2020

Holding Sector % of Portfolio
Federal Bank Finacials - Banks 6.0
Emami Consumer Staples 5.4
IndusInd Bank Financials - Banks 5.4
PI Industries Materials 4.8
Tech Mahindra IT 4.3
Divi's Laboratories Health Care 4.1
Gujarat Gas Utilities 3.7
Kajaria Ceramics Industrials 3.5
City Union Bank Financials - Banks 3.4
Jyothy Laboratories Consumer Staples 3.3
Bajaj Consumer Care Consumer Discretionary 3.2
JK Lakshmi Cement Materials 3.1
Balkrishna Industries Consumer Discretionary 3.1
Skipper Industrials 3.1
Multi Commodity Exchange Financials - Diversified Financials 3.1
Ramkrishna Forgings Materials 3.0
Welspun India Consumer Discretionary 2.9
Aarti Industries Materials 2.7
Aegis Logistics Energy 2.6
CCL Products Consumer Staples 2.6

Portfolio analysis by market capitalisation size as at 31 December 2020

Market capitalisation size No. of Companies % of Portfolio
Small Cap (M/Cap < US$1bn) 13 30.5
Mid Cap (US$1bn < M/Cap < US$7bn) 16 51.6
Large Cap (M/Cap > US$7bn) 4 15.9
Total Equity Investment 33 98.0
Net Cash 2.0
Total Portfolio 33 100.0