REG - India CapitalGrwthFd - Net Asset Value

India Capital Growth FundAnnouncement

06/10/2020 10:20

RNS Number : 2330B
  
India Capital Growth Fund Limited
  
06 October 2020
  
 

6 October 2020
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 30 September 2020
The Company announces its Net Asset Value per share as at 30 September 2020 was 86.12 pence.
In September, the Net Asset Value (NAV) was up 7.5% in Sterling terms, whilst the BSE MidCap TR Index was up 4.0%, delivering an outperformance against the notional benchmark of 3.5%. In local currency terms, the NAV was up 3.7% for the month.
 



Portfolio analysis by sector as at 30 September 2020


















Sector 


No. of Companies


% of Portfolio




Materials


8


22.2%




Consumer Staples


4


15.7%




Financials - Banks


4 


13.1%




Consumer Discretionary


4 


11.0%




Industrials


4 


10.2%




Health Care


2 


8.0%




Information Technology


2 


4.9%




Utilities


1 


3.6%




Financials - Diversified


1 


3.6%




Energy


1 


2.9%




Financials - Insurance


1 


2.2%




Real Estate


1 


0.1%




Communication Services


0 


0.0%




Total Equity Investment


33


97.6%




Net Cash






2.4%




Total Portfolio


33 


100.0%


















 
Top 20 holdings as at 30 September 2020


















Holding


Sector


% of Portfolio




Emami


Consumer Staples


5.4%




PI Industries


Materials


5.2%




Divi's Laboratories


Health Care


4.9%




Tech Mahindra


Information Technology


4.1%




Federal Bank


Financials - Banks


4.0%




Jyothy Laboratories


Consumer Staples


4.0%




IndusInd Bank


Financials - Banks


3.8%




Welspun India


Consumer Discretionary


3.7%




Multi Commodity Exchange


Financials - Diversified


3.6%




Gujarat Gas


Utilities


3.6%




Balkrishna Industries


Consumer Discretionary


3.3%




Bajaj Consumer Care


Consumer Staples


3.3%




Kajaria Ceramics


Industrials


3.3%




City Union Bank


Financials - Banks


3.1%




Neuland Laboratories


Health Care


3.1%




CCl Products India


Consumer Staples


3.1%




Aegis Logistics


Energy


2.9%




JK Lakshmi Cement


Materials


2.8%




Skipper


Industrials


2.8%




Essel Propack


Materials


2.7%




 
Portfolio analysis by market capitalisation size as at 30 September 2020




 
Market capitalisation size


No. of Companies


% of Portfolio 




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


13 


32.3%




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


16


51.5%




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


4


13.7%




Total Equity Investment


33


97.6%




Net Cash






2.4%




Total Portfolio


33 


100.0%



 

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