Portfolio Holdings

Top 20 holdings as at 31 October ber 2024

Holding	Sector	% of Portfolio
Skipper	Industrials	6.3
Federal Bank	Financials - Banks	5.6
Neuland Laboratories	Health Care	5.5
Dixon Technologies	Consumer Discretionary	4.8
Emami	Consumer Staples	4.1
Multi Commodity Exchange	Financial Services	4.1
Ramkrishna Forgings	Auto & Auto Ancillary	3.8
Persistent Systems	Information Technology	3.7
PI Industries	Chemicals	3.6
Sona BLW Precision Forgings	Auto & Auto Ancillary	3.3
IDFC Bank	Financials - Banks	2.9
Affle India	Digital	2.9
RBL Bank	Financials - Banks	2.7
VIP Industries	Consumer Discretionary	2.7
JK Lakshmi Cement	Materials	2.5
City Union Bank	Financials - Banks	2.4
CCL Products India	Consumer Staples	2.4
Welspun India	Textiles	2.3
IndusInd Bank	Financials - Banks	2.1
PSP Projects	Industrials	2.1

Portfolio analysis by sector as at 31 October 2024

Sector	No. of Companies	% of Portfolio
Auto & Auto Ancilliary	4	10.3
Cement	2	4.2
Chemicals	2	5.4
Consumer Discretionary	5	12.6
Consumer Staples	4	10.1
Digital	2	4.3
Energy	0	0.0
Financials Banks	5	15.9
Financials - Non Banking Financial Companies	1	1.1
Financial Services	1	4.1
Health Care	2	7.3
Industrials	6	13.1
IT Services	1	3.7
Metals	0	0.0
Real Estate	0	0.0
Textiles	2	4.3
Utilities	0	0.0
Total Equity Investment	37	96.6
Net Cash	0	3.6
Total Portfolio	37	100.0

Portfolio analysis by market capitalisation size as at 31 October 2024

Market capitalisation size	No. of Companies	% of Portfolio
Small Cap (M/Cap < US$2bn)	19	41.6
Mid Cap (US$2bn < M/Cap < US$8bn)	13	39.5
Large Cap (M/Cap > US$8bn)	5	15.3
Total Equity Investment	37	96.4
Net Cash	0	3.6
Total Portfolio	37	100.0

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