REG - India CapitalGrwthFd - Net Asset Value

India Capital Growth FundAnnouncement

06/07/2020 11:35

RNS Number : 1427S
  
India Capital Growth Fund Limited
  
06 July 2020
  
 

6 July 2020
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 30 June 2020
The Company announces its Net Asset Value per share as at 30 June 2020 was 70.42 pence.
In June the Net Asset Value (NAV) was up 9.4% in Sterling terms, whilst the BSE MidCap TR Index was up 11.1%, delivering an underperformance against the notional benchmark of 1.7%. In local currency terms, the NAV was up 8.7% for the month.
 



Portfolio analysis by sector as at 30 June 2020


















Sector 


No. of Companies


% of Portfolio




Materials


8


22.6%




Consumer Staples 


4


14.7%




Financials - Banks


4


13.1%




Industrials


4 


11.3%




Consumer Discretionary


4 


9.3%




Health Care


2 


7.5%




Utilities


1


4.6%




Information Technology


2 


4.1%




Financials - Diversified 


1 


3.4%




Financials - Insurance


1


2.8%




Energy 


1


2.7%




Real Estate


1


0.1%




Communication Services 


0 


0.0%




Total Equity Investment


33


96.1%




Net Cash






3.9%




Total Portfolio


33 


100.0%


















 
Top 20 holdings as at 30 June 2020


















Holding


Sector


% of Portfolio




PI Industries


Materials


5.9%




Divi's Laboratories


Health Care


5.6%




Federal Bank


Financials


5.2%




Gujarat Gas


Utilities


4.6%




Jyothy Laboratories


Consumer Staples


4.0%




Balkrishna Industries


Consumer Discretionary


3.8%




Emami


Consumer Staples


3.7%




Bajaj Consumer Care


Consumer Staples


3.6%




JK Lakshmi Cement


Materials


3.5%




CCL Products India


Consumer Staples


3.4%




Berger Paints India


Materials


3.4%




Multi Commodity Exchange


Financials - Diversified


3.4%




Tech Mahindra


Information Technology


3.3%




Kajaria Ceramics


Industrials


3.3%




Finolex Cables


Industrials


3.0%




Skipper


Industrials


2.9%




City Union Bank


Financials


2.8%




Aegis Logistics


Energy


2.8%




Welspun India


Consumer Discretionary


2.7%




ICICI Lombard Gen Ins


Financials - Insurance


2.7%




 
Portfolio analysis by market capitalisation size as 30 June 2020




 
Market capitalisation size


No. of Companies


% of Portfolio 




Small Cap (M/Cap < US$2bn)


24 


61.6%




Mid Cap (US$2bn < M/Cap < US$7bn)


7 


26.2%




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


2


8.3%




Total Equity Investment


33


96.1%




Net Cash






3.9%




Total Portfolio


33 


100.0%



 


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