The Portfolio

Portfolio analysis by sector as at 31 March 2021

Sector No. of Companies % of Portfolio
Materials 7 20.1
Financials - Banks 4 18.1
Consumer Staples 4 12.8
Consumer Discretionary 4 10.5
Industrials 4 10.4
Health Care 2 7.0
IT 3 6.8
Utilities 1 4.8
Energy 1 3.3
Financials - Diversified 1 3.0
Financials - Insurance 1 1.8
Real Estate 1 0.1
Total Equity Investment 33 98.5
Net Cash 1.5
Total Portfolio 33 100.0

Top 20 holdings as at 31 March 2021

Holding Sector % of Portfolio
Federal Bank Finacials - Banks 6.1
Emami Consumer Staples 5.5
IndusInd Bank Financials - Banks 5.1
Gujarat Gas Utilities 4.8
IDFC Bank Financials - Banks 4.2
PI Industries Materials 4.2
Neuland Laboratories Health Care 4.0
Tech Mahindra IT 3.9
Kajaria Ceramics Industrials 3.8
JK Lakshmi Cement Materials 3.6
Ramkrishna Forgings Materials 3.3
Aegis Logistics Energy 3.3
Welspun India Consumer Discretionary 3.1
Divi's Laboratories Health Care 3.0
Multi Commodity Exchange Financials - Diversified Financials 3.0
Balkrishna Industries Consumer Discretionary 2.8
Jyothy Laboratories Consumer Staples 2.8
Dixon Technologies Consumer Discretionary 2.7
Skipper Industrials 2.7
Persistent Systems IT 2.6

Portfolio analysis by market capitalisation size as at 31 March 2021

Market capitalisation size No. of Companies % of Portfolio
Small Cap (M/Cap < US$1bn) 12 27.2
Mid Cap (US$1bn < M/Cap < US$7bn) 17 57.5
Large Cap (M/Cap > US$7bn) 4 13.8
Total Equity Investment 33 98.5
Net Cash 1.5
Total Portfolio 33 100.0