Holdings of Carmignac Portfolio Asia Discovery
Carmignac Gestion Luxembourg S.A. · 62 declared positions · as of Dec 31, 2025
Fund report · Net assets 116.7M € · Ten largest lines: 42 % of net assets
Country breakdown
- India 34.2 %
- Taiwan 27.2 %
- South Korea 25.8 %
- Vietnam 3.6 %
- Singapore 2.6 %
- Indonesia 2.4 %
- United Arab Emirates 2.0 %
- Kazakhstan 1.6 %
- Saudi Arabia 0.4 %
- Philippines 0.3 %
Countries from the fund report. Weights in % of net assets.
Currency breakdown
- INR 32.8 %
- TWD 27.2 %
- KRW 25.8 %
- USD 5.6 %
- VND 3.6 %
- IDR 2.4 %
- AED 2.0 %
- SAR 0.4 %
- PHP 0.3 %
The quoted currency of each line, as declared.
Positions
| Rank | Company | Currency | Shares | Value | Weight |
|---|---|---|---|---|---|
| 1 | TAIWAN SEMICONDUCTOR MANUFAC Taiwan | TWD | 277,000 | 11.6M € | 9.97 % |
| 2 | SK HYNIX INC South Korea | KRW | 25,000 | 9.6M € | 8.24 % |
| 3 | SAMSUNG ELECTRONICS CO LTD South Korea | KRW | 89,902 | 6.4M € | 5.46 % |
| 4 | BLACKBUCK LTD India | INR | 644,926 | 4.2M € | 3.56 % |
| 5 | LEELA PALACES HOTELS & RESOR India | INR | 900,000 | 3.7M € | 3.17 % |
| 6 | SEA LTD-ADR Singapore | USD | 26,704 | 2.9M € | 2.49 % |
| 7 | HDFC BANK LIMITED India | INR | 300,378 | 2.8M € | 2.42 % |
| 8 | UNIVERSAL MICROWAVE TECH Taiwan | TWD | 149,000 | 2.7M € | 2.35 % |
| 9 | ASIA COMMERCIAL BANK Vietnam | VND | 3,450,003 | 2.7M € | 2.30 % |
| 10 | ASIA VITAL COMPONENTS Taiwan | TWD | 59,000 | 2.4M € | 2.07 % |
| 11 | KOTAK MAHINDRA BANK LTD India | INR | 115,000 | 2.4M € | 2.05 % |
| 12 | SK SQUARE CO LTD South Korea | KRW | 10,690 | 2.3M € | 1.99 % |
| 13 | BANK CENTRAL ASIA TBK PT Indonesia | IDR | 5,357,300 | 2.2M € | 1.89 % |
| 14 | ALEC HOLDINGS PJSC United Arab Emirates | AED | 6,249,139 | 2.2M € | 1.89 % |
| 15 | MAX HEALTHCARE INSTITUTE LTD India | INR | 216,002 | 2.1M € | 1.83 % |
| 16 | WEWORK INDIA MANAGEMENT LTD India | INR | 363,332 | 2.1M € | 1.78 % |
| 17 | DELTA ELECTRONICS INC Taiwan | TWD | 78,000 | 2M € | 1.74 % |
| 18 | LS ELECTRIC CO LTD South Korea | KRW | 7,001 | 1.9M € | 1.63 % |
| 19 | MEDIATEK INC Taiwan | TWD | 46,000 | 1.8M € | 1.53 % |
| 20 | ICICI BANK LTD India | INR | 140,000 | 1.8M € | 1.53 % |
| 21 | HYUNDAI MOTOR CO South Korea | KRW | 9,982 | 1.7M € | 1.50 % |
| 22 | NAC KAZATOMPROM JSC-GDR REGS Kazakhstan | USD | 36,128 | 1.7M € | 1.47 % |
| 23 | EMBASSY OFFICE PARKS REIT India | INR | 380,000 | 1.6M € | 1.34 % |
| 24 | GOLD CIRCUIT ELECTRONICS LTD Taiwan | TWD | 83,000 | 1.5M € | 1.32 % |
| 25 | MAKEMYTRIP LTD India | USD | 21,993 | 1.5M € | 1.32 % |
| 26 | AJAX ENGINEERING LTD India | INR | 267,402 | 1.5M € | 1.29 % |
| 27 | LODHA DEVELOPERS LTD India | INR | 145,417 | 1.5M € | 1.25 % |
| 28 | PB FINTECH LTD India | INR | 79,705 | 1.4M € | 1.18 % |
| 29 | SILICON2 CO LTD South Korea | KRW | 59,280 | 1.4M € | 1.16 % |
| 30 | SAMSUNG ELECTRONICS-PREF South Korea | KRW | 25,000 | 1.3M € | 1.13 % |
| 31 | NEXUS SELECT TRUST India | INR | 878,419 | 1.3M € | 1.10 % |
| 32 | GRAND PROCESS TECHNOLOGY COR Taiwan | TWD | 30,000 | 1.3M € | 1.09 % |
| 33 | LEENO INDUSTRIAL INC South Korea | KRW | 35,000 | 1.2M € | 1.07 % |
| 34 | FPT CORP Vietnam | VND | 399,947 | 1.2M € | 1.06 % |
| 35 | SBFC FINANCE LTD India | INR | 1,250,000 | 1.2M € | 1.06 % |
| 36 | E INK HOLDINGS INC Taiwan | TWD | 215,000 | 1.2M € | 0.99 % |
| 37 | ALL RING TECH CO LTD Taiwan | TWD | 116,000 | 1.1M € | 0.98 % |
| 38 | POYA INTERNATIONAL CO LTD Taiwan | TWD | 93,400 | 1.1M € | 0.95 % |
| 39 | HOME FIRST FINANCE CO INDIA India | INR | 100,094 | 1M € | 0.90 % |
| 40 | PN GADGIL JEWELLERS LTD India | INR | 180,000 | 1M € | 0.89 % |
| 41 | KFIN TECHNOLOGIES LTD India | INR | 100,000 | 1M € | 0.88 % |
| 42 | BANSAL WIRE INDUSTRIES LTD India | INR | 350,000 | 1M € | 0.88 % |
| 43 | SAPPHIRE FOODS INDIA LTD India | INR | 420,000 | 1M € | 0.88 % |
| 44 | JENTECH PRECISION INDUSTRIAL Taiwan | TWD | 13,000 | 967K € | 0.83 % |
| 45 | BRAINBEES SOLUTIONS LTD India | INR | 350,000 | 951.3K € | 0.82 % |
| 46 | HYBE CO LTD South Korea | KRW | 4,809 | 938K € | 0.80 % |
| 47 | KPIT TECHNOLOGIES LTD India | INR | 65,000 | 722K € | 0.62 % |
| 48 | KOREA AEROSPACE INDUSTRIES South Korea | KRW | 10,000 | 676.2K € | 0.58 % |
| 49 | ELITE MATERIAL CO LTD Taiwan | TWD | 15,000 | 668.7K € | 0.57 % |
| 50 | ASPEED TECHNOLOGY INC Taiwan | TWD | 3,000 | 590.2K € | 0.51 % |
| 51 | INOX INDIA LTD India | INR | 50,000 | 537.2K € | 0.46 % |
| 52 | SAI LIFE SCIENCES LTD India | INR | 60,000 | 516.3K € | 0.44 % |
| 53 | SAMSUNG E&A CO LTD South Korea | KRW | 35,000 | 497.5K € | 0.43 % |
| 54 | GUDENG PRECISION INDUSTRIAL Taiwan | TWD | 50,000 | 482.4K € | 0.41 % |
| 55 | AL RAJHI BANK Saudi Arabia | SAR | 20,000 | 442.7K € | 0.38 % |
| 56 | MITRA ADIPERKASA TBK PT Indonesia | IDR | 7,000,000 | 416.4K € | 0.36 % |
| 57 | HUGEL INC South Korea | KRW | 3,000 | 408.7K € | 0.35 % |
| 58 | INTERNATIONAL GEMMOLOGICAL I India | INR | 126,993 | 403K € | 0.35 % |
| 59 | LOTES CO LTD Taiwan | TWD | 10,000 | 350.9K € | 0.30 % |
| 60 | FIVE-STAR BUSINESS FINANCE L India | INR | 60,000 | 310K € | 0.27 % |
| 61 | BDO UNIBANK INC Philippines | PHP | 150,000 | 292.2K € | 0.25 % |
| 62 | UNIFIN FINANCIERA SAB DE CV Mexico | MXN | 135,559 | 64.2 € | 0.00 % |
Source: report published by Carmignac Portfolio Asia Discovery.