Net Asset Value

RNS Number : 1585O
India Capital Growth Fund Limited
05 February 2021
 

05 February 2021

India Capital Growth Fund Limited (the "Company" or "ICGF")

Net Asset Value statement at 29 January 2021

The Company announces its Net Asset Value per share as at 29 January 2021 was 98.39 pence. 

In January, the Net Asset Value (NAV) was up 0.7% in Sterling terms, whilst the BSE MidCap TR Index was up 0.4%, delivering an outperformance against the notional benchmark of 0.3%. In local currency terms, the NAV was up 1.1% for the month.

 

Portfolio analysis by sector as at 29 January 2021




Sector

No. of Companies

% of Portfolio

Materials

7

19.6%

Financials - Banks

4

17.8%

Consumer Staples

4

15.2%

Industrials

4

11.1%

Consumer Discretionary

4

10.2%

Information Technology

3

6.9%

Health Care

2

6.0%

Utilities

1

3.6%

Energy

1

3.5%

Financials - Diversified

1

2.9%

Financials - Insurance

1

1.8%

Real Estate

1

0.1%

Communication Services

0

0.0%

Total Equity Investment

33

98.7%

Net Cash


1.3%

Total Portfolio

33

100.0%




 

Top 20 holdings as at 29 January 2021




Holding

Sector

% of Portfolio

Federal Bank

Financials - Banks

6.5%

Emami

Consumer Staples

6.1%

IndusInd Bank

Financials - Banks

5.0%

PI Industries

Materials

4.4%

Tech Mahindra

Information Technology

4.2%

Kajaria Ceramics

Industrials

4.1%

Jyothy Laboratories

Consumer Staples

3.6%

Gujarat Gas

Utilities

3.6%

Ramkrishna Forgings

Materials

3.6%

Aegis Logistics

Energy

3.5%

IDFC Bank

Financials - Banks

3.2%

City Union Bank

Financials - Banks

3.1%

Bajaj Consumer Care

Consumer Staples

3.1%

Divi's Laboratories

Health Care

3.1%

Balkrishna Industries

Consumer Discretionary

3.0%

Skipper

Industrials

3.0%

Neuland Laboratories

Health Care

2.9%

JK Lakshmi Cement

Materials

2.9%

Multi Commodity Exchange

Financials - Diversified

2.9%

Welspun India

Consumer Discretionary

2.8%

 

Portfolio analysis by market capitalisation size as at 29 January 2021

 

Market capitalisation size

No. of Companies

% of Portfolio

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

13

30.9%

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

16

53.6%

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

4

14.1%

Total Equity Investment

33

98.7%

Net Cash


1.3%

Total Portfolio

33

100.0%

 

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