ICICIdirect Money Manager – July 2019

MUTUAL FUND ANALYSIS

Portfolio

The fund's portfolio has
exposure to a diverse mix of
businesses within the banking
and financial services space –
banks (private as well public),
NBFCs as well as insurance. Its
focus on corporate facing
private banks is accentuated
by recent additions to the
portfolio. Currently, there are

2 9 stocks in the portfolio,

making it less concentrated

than some other funds and

with a larger tail than most

peers. The fund has lower

exposure to its top picks than

some other peers. It has ~60%

of its portfolio invested in large

cap stocks with the rest

invested in midcaps and small

caps.

%

7.4

6.9

6.3

5.9

5.7

3.5

3.2

3.1

3.0

3.0

Shree Cement Ltd. Domestic Equities

Axis Bank Ltd. Domestic Equities

Adani Ports and Special Economic Zone Ltd. Domestic Equities

Blue Star Ltd. Domestic Equities

Voltas Ltd. Domestic Equities

GAIL (India) Ltd. Domestic Equities

Top 10 Holdings Asset Type

State Bank Of India Domestic Equities

ICICI Bank Ltd. Domestic Equities

Ultratech Cement Ltd. Domestic Equities

Larsen & Toubro Ltd. Domestic Equities

%

18.8

14.3

12.4

7.0

6.3

5.9

3.9

3.9

3.8

3.8

Power Generation/Distribution Domestic Equities

Logistics Domestic Equities

Engineering - Industrial Equipments Domestic Equities

Domestic Equities

Air Conditioners Domestic Equities

Bank - Public Domestic Equities

Consumer Durables - Domestic Appliances Domestic Equities

Engineering - Construction Domestic Equities

Bank - Private Domestic Equities

Top 10 Sectors Asset Type

Cement & Construction Materials Domestic Equities

Industrial Gases & Fuels