Series 119 – Sector Allocation- Overweight Positions with respect to Nifty 500

Last week we had highlighted our consistency and come back of returns in the portfolios over the last 6 months. This month we are highlighting sectorwise overweight positioning and showing their growth and margins. As shown in the below chart, the key sectors where our positioning is overweight compared to Nifty 500 has been-

1. Healthcare- Expecting margin expansion, focussed on Indian branded and CDMO and Hospitals.
2. Insurance- Bottom-up pick with growth lever, with strong under-writing profits
3. Logistics and Ports- Largest player with 49% market share with great levers of margin expansion
4. Mining and Minerals- Macro change supporting the enviroment, we are invested in non-ferrous miners
5. Banking and Financials- At the portfolio level we have an over weight position, but compared to benchmark we are still underweight- owning market leaders with balance sheet driven growth today
6. Consumers and FMCG- Underweight positioning with market but overweight positioning in the portfolio- Bottom up picks with clear volume and margin expansion

We will keep writing about our portoflio positioning every week and more contents like these will be shared with you. Please click on the below link to read more about our previous updates.

Weekly Enlightenment Archives – ITUS Capital

As always, we keep re-emphasising our SIP mode of investment. You can connect with your relationship manager to know more about our SIP Program.