REG - India CapitalGrwthFd - Net Asset Value

India Capital Growth FundAnnouncement

06/08/2020 12:15

RNS Number : 3919V
  
India Capital Growth Fund Limited
  
06 August 2020
  
 

6 August 2020
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 31 July 2020
The Company announces its Net Asset Value per share as at 31 July 2020 was 72.64 pence.
In July the Net Asset Value (NAV) was up 3.1% in Sterling terms, whilst the BSE MidCap TR Index was down 0.4%, delivering an outperformance against the notional benchmark of 3.5%. In local currency terms, the NAV was up 9.3% for the month.
 



Portfolio analysis by sector as at 31 July 2020


















Sector 


No. of Companies


% of Portfolio




Materials


8


23.5%




Consumer Staples


4 


14.7%




Financials - Banks


4 


12.6%




Consumer Discretionary


4 


10.4%




Industrials


4 


10.1%




Health Care


2 


8.3%




Information Technology


2 


4.7%




Financials - Diversified


1 


4.1%




Utilities


1 


3.9%




Energy


1 


2.7%




Financials - Insurance


1 


2.5%




Real Estate


1 


0.1%




Communication Services


0 


0.0%




Total Equity Investment


33


97.5%




Net Cash






2.5%




Total Portfolio


33 


100.0%


















 
Top 20 holdings as at 31 July 2020


















Holding


Sector


% of Portfolio




PI Industries


Materials


6.3%




Divi's Laboratories


Health Care


5.9%




Federal Bank


Financials - Banks


5.0%




Emami


Consumer Staples


4.2%




Multi Commodity Exchange


Financials - Diversified


4.1%




Gujarat Gas


Utilities


3.9%




Jyothy Laboratories


Consumer Staples


3.8%




Tech Mahindra


Information Technology


3.8%




JK Lakshmi Cement


Materials


3.7%




Balkrishna Industries


Consumer Discretionary


3.7%




Bajaj Consumer Care


Consumer Staples


3.6%




CCL Products India


Consumer Staples


3.1%




Kajaria Ceramics


Industrials


3.1%




Berger Paints India


Materials


2.9%




Aegis Logistics


Energy


2.7%




IndusInd Bank


Financials - Banks


2.7%




Welspun India


Consumer Discretionary


2.6%




Finolex Cables


Industrials


2.6%




City Union Bank


Financials - Banks


2.6%




Aarti Industries


Materials


2.5%




 
Portfolio analysis by market capitalisation size as 31 July 2020




 
Market capitalisation size


No. of Companies


% of Portfolio 




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


22 


58.8%




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


8 


26.5%




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


3


12.2%




Total Equity Investment


33


97.5%




Net Cash






2.5%




Total Portfolio


33 


100.0%



 


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