To provide Ordinary Shareholders with an attractive level of income, together with the potential for capital and income growth. To provide ZDP Shareholders with a pre-determined capital entitlement on 31 May 2011 of 141.85p.
New India Investment Trust PLC
Objective
Top Fifteen Group Holdings (as at 30th June 2007)
| % | |
| HDFC | 9.0 |
| ICICI Bank | 8.9 |
| Satyam Computer | 8.0 |
| Infosys Technologies | 5.7 |
| Hero Honda | 5.2 |
| Grasim Industries | 4.9 |
| ABB India | 4.5 |
| Tata Consultancy Services | 4.2 |
| Oil & Natural Gas | 3.7 |
| Container Corporation of India | 3.6 |
| Bharat Petroleum | 3.5 |
| Sun Pharmaceutical | 3.4 |
| GlaxoSmithKline India | 3.3 |
| Tata Consultancy Services | 3.2 |
| GAIL | 2.9 |
| Total | 74.0 |
| Total investments | 30 |
Sector Allocation (as at 30th June 2007)
| Sector | Trust (%) | Benchmark (%) |
| Financial | 20.7 | 23.3 |
| Information Technology | 20.0 | 18.5 |
| Healthcare | 11.7 | 4.2 |
| Consumer Discretionary | 9.3 | 5.8 |
| Utilities | 8.3 | 2.4 |
| Industrials | 8.1 | 11.9 |
| Materials | 7.4 | 6.7 |
| Energy | 7.2 | 17.7 |
| Consumer Staples | 5.8 | 5.1 |
| Telecommunications Services | 0.0 | 4.9 |
| Cash | 1.5 | 0.0 |
| Total | 100.0 | 100.0 |