REG - India CapitalGrwthFd - Net Asset Value

India Capital Growth FundAnnouncement

05/02/2021 10:20

RNS Number : 1585O
  
India Capital Growth Fund Limited
  
05 February 2021
  
 

05 February 2021
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 29 January 2021
The Company announces its Net Asset Value per share as at 29 January 2021 was 98.39 pence.                        
In January, the Net Asset Value (NAV) was up 0.7% in Sterling terms, whilst the BSE MidCap TR Index was up 0.4%, delivering an outperformance against the notional benchmark of 0.3%. In local currency terms, the NAV was up 1.1% for the month.
            



Portfolio analysis by sector as at 29 January 2021


















Sector 


No. of Companies


% of Portfolio




Materials


7 


19.6%




Financials - Banks


4 


17.8%




Consumer Staples


4 


15.2%




Industrials


4 


11.1%




Consumer Discretionary


4 


10.2%




Information Technology


3 


6.9%




Health Care


2 


6.0%




Utilities


1 


3.6%




Energy


1 


3.5%




Financials - Diversified


1 


2.9%




Financials - Insurance


1 


1.8%




Real Estate


1 


0.1%




Communication Services


0 


0.0%




Total Equity Investment


33


98.7%




Net Cash






1.3%




Total Portfolio


33 


100.0%


















 
Top 20 holdings as at 29 January 2021


















Holding


Sector


% of Portfolio




Federal Bank


Financials - Banks


6.5%




Emami


Consumer Staples


6.1%




IndusInd Bank


Financials - Banks


5.0%




PI Industries


Materials


4.4%




Tech Mahindra


Information Technology


4.2%




Kajaria Ceramics


Industrials


4.1%




Jyothy Laboratories


Consumer Staples


3.6%




Gujarat Gas


Utilities


3.6%




Ramkrishna Forgings


Materials


3.6%




Aegis Logistics


Energy


3.5%




IDFC Bank


Financials - Banks


3.2%




City Union Bank


Financials - Banks


3.1%




Bajaj Consumer Care


Consumer Staples


3.1%




Divi's Laboratories


Health Care


3.1%




Balkrishna Industries


Consumer Discretionary


3.0%




Skipper


Industrials


3.0%




Neuland Laboratories


Health Care


2.9%




JK Lakshmi Cement


Materials


2.9%




Multi Commodity Exchange


Financials - Diversified


2.9%




Welspun India


Consumer Discretionary


2.8%




 
Portfolio analysis by market capitalisation size as at 29 January 2021




 
Market capitalisation size


No. of Companies


% of Portfolio 




Small Cap (M/Cap < US$1bn)


13 


30.9%




Mid Cap (US$1bn < M/Cap < US$7bn)


16 


53.6%




Large Cap (M/Cap > US$7bn)


4 


14.1%




Total Equity Investment


33 


98.7%




Net Cash






1.3%




Total Portfolio


33


100.0%



 

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