REG - India CapitalGrwthFd - Net Asset Value

India Capital Growth FundAnnouncement

04/12/2020 10:55

RNS Number : 6159H
  
India Capital Growth Fund Limited
  
04 December 2020
  
 

4 December 2020
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 30 November 2020
The Company announces its Net Asset Value per share as at 30 November 2020 was 95.37 pence.                    
In November, the Net Asset Value (NAV) was up 9.9% in Sterling terms, whilst the BSE MidCap TR Index was up 10.9%, delivering an underperformance against the notional benchmark of 1.0%. In local currency terms, the NAV was up 12.6% for the month.
            



Portfolio analysis by sector as at 30 November 2020


















Sector 


No. of Companies


% of Portfolio




Materials


7 


20.9%




Financials - Banks


4 


16.9%




Consumer Staples


4 


15.0%




Consumer Discretionary


4 


10.3%




Industrials


4 


10.0%




Health Care


2 


6.5%




Information Technology


3 


5.3%




Utilities


1 


3.5%




Financials - Diversified


1 


2.9%




Energy


1 


2.8%




Financials - Insurance


1 


2.1%




Real Estate


1 


0.1%




Communication Services


0 


0.0%




Total Equity Investment


33


96.3%




Net Cash






3.7%




Total Portfolio


33 


100.0%


















 
Top 20 holdings as at 30 November 2020


















Holding


Sector


% of Portfolio




Emami


Consumer Staples


5.8%




Federal Bank


Financials - Banks


5.4%




IndusInd Bank


Financials - Banks


5.3%




PI Industries


Materials


5.0%




Divi's Laboratories


Health Care


4.0%




Tech Mahindra


Information Technology


4.0%




City Union Bank


Financials - Banks


3.6%




Gujarat Gas


Utilities


3.5%




Kajaria Ceramics


Industrials


3.3%




Jyothy Laboratories


Consumer Staples


3.3%




Balkrishna Industries


Consumer Discretionary


3.2%




Bajaj Consumer Care


Consumer Staples


3.2%




JK Lakshmi Cement


Materials


3.2%




Multi Commodity Exchange


Financials - Diversified


2.9%




Welspun India


Consumer Discretionary


2.9%




Ramkrishna Forgings


Materials


2.9%




Skipper


Industrials


2.9%




Aegis Logistics


Energy


2.8%




CCL Products India


Consumer Staples


2.7%




IDFC Bank


Financials - Banks


2.6%




 
Portfolio analysis by market capitalisation size as at 30 November 2020




 
Market capitalisation size


No. of Companies


% of Portfolio 




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


13 


30.3%




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


16 


50.6%




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


4 


15.4%




Total Equity Investment


33 


96.3%




Net Cash






3.7%




Total Portfolio


33


100.0%



 

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