CLSA tweaks Nifty-beating India portfolio to exit Eicher Motors

CLSA, a global brokerage firm, has removed Eicher Motors from its India Focus Portfolio due to 7.6 ppt underperformance. The portfolio has outperformed the Nifty in all 10 quarters since its inception, beating it by a total of 77.7ppts. Banks and energy have the highest importance in the portfolio, each with a weightage of 25%, while the remaining 50% is divided equally among IT, NBFC, materials, utilities, healthcare, and industrials.