Portfolio Holdings

Top 20 holdings as at 30 November 2024

Holding	Sector	% of Portfolio
Skipper	Industrials	6.3
Federal Bank	Financials - Banks	5.7
Neuland Laboratories	Health Care	5.7
Dixon Technologies	Consumer Discretionary	5.3
Persistent Systems	Information Technology	4.0
Emami	Consumer Staples	3.9
Ramkrishna Forgings	Auto & Auto Ancillary	3.9
Multi Commodity Exchange	Financial Services	3.8
PI Industries	Chemicals	3.2
Sona BLW Precision Forgings	Auto & Auto Ancillary	3.1
Affle India	Digital	3.0
IDFC Bank	Financials - Banks	2.8
VIP Industries	Consumer Discretionary	2.8
CCL Products India	Consumer Staples	2.8
RBL Bank	Financials - Banks	2.7
City Union Bank	Financials - Banks	2.4
JK Lakshmi Cement	Materials	2.3
PSP Projects	Industrials	2.3
Welspun India	Textiles	2.2
Gokaldas Exports	Textiles	2.1

Portfolio analysis by sector as at 30 November 2024

Sector	No. of Companies	% of Portfolio
Auto & Auto Ancilliary	4	10.1
Cement	2	4.0
Chemicals	2	4.9
Consumer Discretionary	5	13.1
Consumer Staples	4	9.8
Digital	2	4.8
Energy	0	0.0
Financials Banks	5	15.4
Financials - Non Banking Financial Companies	1	1.0
Financial Services	1	3.8
Health Care	2	7.6
Industrials	5	13.3
IT Services	1	4.0
Metals	0	0.0
Real Estate	0	0.0
Textiles	2	4.4
Utilities	0	0.0
Total Equity Investment	36	96.6
Net Cash	0	3.9
Total Portfolio	36	100.0

Portfolio analysis by market capitalisation size as at 30 November 2024

Market capitalisation size	No. of Companies	% of Portfolio
Small Cap (M/Cap < US$2bn)	18	39.4
Mid Cap (US$2bn < M/Cap < US$8bn)	14	44.5
Large Cap (M/Cap > US$8bn)	4	12.3
Total Equity Investment	36	96.1
Net Cash	0	3.9
Total Portfolio	36	100.0

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