Portfolio Holdings - India Capital Growth Fund

Portfolio analysis by sector as at 31 October 2019

Sector	No. of Companies	% of Portfolio
Materials	7	22.5
Financials	7	22.2
Consumer Staples	4	15.6
Consumer Discretionary	6	12.2
Industrials	4	8.1
Health Care	3	6.8
IT	2	6.1
Real Estate	1	0.1
Total Equity Investment	34	93.6
Net Cash		6.4
Total Portfolio	34	100.0

Top 20 holdings as at 31 October 2019

Holding	Sector	% of Portfolio
Federal Bank	Finacials	6.5
Berger Paints India	Materials	5.5
Tech Mahindra	IT	5.3
City Union Bank	Financials	5.2
Bajaj Consumer Care	Consumer Discretionary	4.8
PI Industries	Materials	4.8
Jyothy Laboratories	Consumer Staples	4.3
Emami	Consumer Staples	3.7
Divi's Laboratories	Health Care	3.4
Motherson Sumi Systems	Consumer Discretionary	3.4
IDFC Bank	Financials	3.3
Welspun India	Consumer Discretionary	3.2
Kajaria Ceramics	Industrials	3.0
Finolex Cables	Industrials	3.0
Balkrishna Industries	Consumer Discretionary	2.8
Radico Khaitan	Consumer Staples	2.8
The Ramco Cements	Materials	2.7
IndusInd Bank	Financials	2.7
Exide Industries	Consumer Discretionary	2.5
JK Lakshmi Cement	Materials	2.5

Portfolio analysis by market capitalisation size as at 31 October 2019

Market capitalisation size	No. of Companies	% of Portfolio
Small Cap (M/Cap < US$2bn)	19	38.3
Mid Cap (US$2bn < M/Cap < US$7bn)	12	41.8
Large Cap (M/Cap > US$7bn)	3	13.4
Total Equity Investment	34	93.6
Net Cash		6.4
Total Portfolio	34	100.0

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