The Portfolio

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