Portfolio analysis by sector as at 31 December 2019
| Sector | No. of Companies | % of Portfolio |
|---|---|---|
| Financials | 7 | 24.6 |
| Materials | 7 | 23.2 |
| Consumer Staples | 4 | 15.0 |
| Consumer Discretionary | 5 | 12.4 |
| Industrials | 4 | 7.7 |
| Health Care | 3 | 6.8 |
| IT | 2 | 5.2 |
| Real Estate | 1 | 0.1 |
| Total Equity Investment | 33 | 94.9 |
| Net Cash | 5.1 | |
| Total Portfolio | 33 | 100.0 |
Top 20 holdings as at 31 December 2019
| Holding | Sector | % of Portfolio |
|---|---|---|
| Federal Bank | Finacials | 7.1 |
| City Union Bank | Financials | 5.7 |
| Berger Paints India | Materials | 5.4 |
| PI Industries | Materials | 4.9 |
| Bajaj Consumer Care | Consumer Discretionary | 4.6 |
| Tech Mahindra | IT | 4.5 |
| Motherson Sumi Systems | Consumer Discretionary | 4.0 |
| Jyothy Laboratories | Consumer Staples | 3.9 |
| Divi's Laboratories | Health Care | 3.6 |
| Emami | Consumer Staples | 3.5 |
| IDFC Bank | Financials | 3.4 |
| Balkrishna Industries | Consumer Discretionary | 2.9 |
| IndusInd Bank | Financials | 3.1 |
| DCB Bank | Financials | 3.0 |
| Finolex Cables | Industrials | 2.9 |
| Kajaria Ceramics | Industrials | 2.8 |
| Welspun India | Consumer Discretionary | 2.8 |
| Radico Khaitan | Consumer Staples | 2.8 |
| Ramkrishna Forgings | Materials | 2.7 |
| JK Lakshmi Cement | Materials | 2.7 |
Portfolio analysis by market capitalisation size as at 31 December 2019
| Market capitalisation size | No. of Companies | % of Portfolio |
|---|---|---|
| Small Cap (M/Cap < US$2bn) | 18 | 38.5 |
| Mid Cap (US$2bn < M/Cap < US$7bn) | 13 | 48.9 |
| Large Cap (M/Cap > US$7bn) | 2 | 7.5 |
| Total Equity Investment | 33 | 94.9 |
| Net Cash | 5.1 | |
| Total Portfolio | 33 | 100.0 |