REG - India CapitalGrwthFd - Net Asset Value

India Capital Growth FundAnnouncement

06/11/2020 08:30

RNS Number : 4952E
  
India Capital Growth Fund Limited
  
06 November 2020
  
 

6 November 2020
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 30 October 2020
The Company announces its Net Asset Value per share as at 30 October 2020 was 86.78 pence.
In October, the Net Asset Value (NAV) was up 0.8% in Sterling terms, whilst the BSE MidCap TR Index was down 0.3%, delivering an outperformance against the notional benchmark of 1.1%. In local currency terms, the NAV was up 2.5% for the month.
 



Portfolio analysis by sector as at 30 October 2020


















Sector 


No. of Companies


% of Portfolio




Materials


8


24.4%




Consumer Staples


4 


15.0%




Financials - Banks


4 


14.1%




Consumer Discretionary


4 


10.2%




Industrials


4 


10.0%




Health Care


2 


7.6%




Information Technology


3 


5.6%




Utilities


1 


3.4%




Financials - Diversified


1 


3.5%




Energy


1 


2.5%




Financials - Insurance


1 


2.0%




Real Estate


1 


0.1%




Communication Services


0 


0.0%




Total Equity Investment


34


98.4%




Net Cash






1.6%




Total Portfolio


34 


100.0%


















 
Top 20 holdings as at 30 October 2020


















Holding


Sector


% of Portfolio




PI Industries


Materials


5.6%




Emami


Consumer Staples


5.4%




Federal Bank


Financials - Banks


4.5%




Divi's Laboratories


Health Care


4.4%




Tech Mahindra


Information Technology


4.1%




IndusInd Bank


Financials - Banks


4.1%




Jyothy Laboratories


Consumer Staples


3.6%




Multi Commodity Exchange


Financials - Diversified


3.5%




Gujarat Gas


Utilities


3.4%




Welspun India


Consumer Discretionary


3.3%




Kajaria Ceramics


Industrials


3.3%




Bajaj Consumer Care


Consumer Staples


3.3%




City Union Bank


Financials - Banks


3.2%




Neuland Laboratories


Health Care


3.2%




JK Lakshmi Cement


Materials


3.1%




Balkrishna Industries


Consumer Discretionary


3.0%




Sagar Cements


Materials


2.9%




Skipper


Industrials


2.8%




CCL Products India


Consumer Staples


2.7%




Essel Propack


Materials


2.7%




 
Portfolio analysis by market capitalisation size as at 30 October 2020




 
Market capitalisation size


No. of Companies


% of Portfolio 




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


14 


34.7%




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


16


50.4%




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


4


13.2%




Total Equity Investment


34


98.4%




Net Cash






1.6%




Total Portfolio


34 


100.0%



 

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