Net Asset Value
05 December 2024
India Capital Growth Fund Limited (the "Company" or "ICGF")
Net Asset Value statement at 29 November 2024
The Company announces its Net Asset Value ("NAV") per ordinary share as at 29 November 2024 was 211.84 pence.
In November, the NAV was up 3.18% in Sterling terms, whilst the BSE MidCap TR Index was up 1.71%, delivering an outperformance against the notional benchmark of 1.47%. In local currency terms, the NAV was up 1.77%.
The Company also announces its Net Asset Value per ordinary share before Indian CGT (deferred tax provision) as at 29 November 2024 was 226.16 pence.
|
Portfolio analysis by sector as at 29 November 2024 |
||
|
|
|
|
|
Sector |
No. of Companies |
% of Portfolio |
|
Financial Banks |
5 |
15.4% |
|
Industrials |
6 |
13.3% |
|
Consumer Discretionary |
5 |
13.1% |
|
Auto & Auto Ancillary |
4 |
10.1% |
|
Consumer Staples |
4 |
9.8% |
|
Healthcare |
2 |
7.6% |
|
Chemicals |
2 |
4.9% |
|
Digital |
2 |
4.8% |
|
Textiles |
2 |
4.4% |
|
Cement |
2 |
4.0% |
|
IT Services |
1 |
4.0% |
|
Financial Services |
1 |
3.8% |
|
Financial NBFC |
1 |
1.0% |
|
Energy |
0 |
0.0% |
|
Metals |
0 |
0.0% |
|
Utilities |
0 |
0.0% |
|
Real Estate |
0 |
0.0% |
|
Total Equity Investment |
37 |
96.1% |
|
Cash & cash equivalents |
|
3.9% |
|
Total Portfolio |
37 |
100.0% |
|
Top 20 holdings as at 29 November 2024 |
||
|
|
|
|
|
Holding |
Sector |
% of Portfolio |
|
Federal Bank |
Financial Banks |
5.7% |
|
Neuland Laboratories |
Healthcare |
5.7% |
|
Skipper |
Industrials |
5.3% |
|
Dixon Technologies |
Consumer Discretionary |
5.3% |
|
Persistent Systems |
IT Services |
4.0% |
|
Emami |
Consumer Staples |
3.9% |
|
Ramkrishna Forgings |
Auto & Auto Ancillary |
3.9% |
|
Multi Commodity Exchange |
Financial Services |
3.8% |
|
PI Industries |
Chemicals |
3.2% |
|
Sona BLW Precision Forgings |
Auto & Auto Ancillary |
3.1% |
|
Affle India |
Digital |
3.0% |
|
IDFC Bank |
Financial Banks |
2.8% |
|
VIP Industries |
Consumer Discretionary |
2.8% |
|
CCL Products India |
Consumer Staples |
2.8% |
|
RBL Bank |
Financial Banks |
2.5% |
|
City Union Bank |
Financial Banks |
2.4% |
|
JK Lakshmi Cement |
Cement |
2.3% |
|
PSP Projects |
Industrials |
2.3% |
|
Welspun India |
Textiles |
2.2% |
|
Gokaldas Exports |
Textiles |
2.1% |
|
Portfolio analysis by market capitalisation size as at 29 November 2024 |
||
|
Market capitalisation size |
No. of Companies |
% of Portfolio |
|
Small Cap (M/Cap < US$2bn) |
19 |
39.4% |
|
Mid Cap (US$2bn < M/Cap < US$8bn) |
14 |
44.5% |
|
Large Cap (M/Cap > US$8bn) |
4 |
12.3% |
|
Total Equity Investment |
37 |
96.1% |
|
Net Cash |
|
3.9% |
|
Total Portfolio |
37 |
100.0% |
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 1 day ago The Renewables Infrastructure Group Limited
- 1 day ago The Renewables Infrastructure Group Limited
- 1 day ago Smurfit Westrock (DI)
- 1 day ago Menhaden Resource Efficiency
- 1 day ago BP