WASATCH FUNDS - Curian Clearing

WASATCH EMERGING INDIA FUND (WAINX) — Schedule of Investments
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Value
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Value
COMMON STOCKS 101.7%
Agricultural Products 1.6%
79,590 Kaveri Seed Co. Ltd. (India) $1,252,710
Air Freight & Logistics 1.2%
8,104 Blue Dart Express Ltd. (India) 945,318
Apparel, Accessories & Luxury
Goods 1.2%
2,778 Page Industries Ltd. (India) 608,824
49,791 Titan Co. Ltd. (India) 311,088
919,912
Auto Parts & Equipment 3.3%
2,778 Bosch Ltd. (India) 1,122,187
15,289 WABCO India Ltd. (India) 1,392,302
2,514,489
Automobile Manufacturers 1.2%
108,500 Tata Motors Ltd. (India) 954,601
Building Products 1.4%
84,413 Kajaria Ceramics Ltd. (India) 1,092,572
Commodity Chemicals 3.6%
242,720 Berger Paints India Ltd. (India) 809,438
160,480 Gulf Oil LubricantsIndia Ltd. (India) 1,320,639
58,192 Supreme Industries Ltd. (India) 665,317
2,795,394
Construction Machinery & Heavy
Trucks 1.9%
5,569 Eicher Motors Ltd. (India) 1,417,139
Consumer Finance 10.9%
26,019 Bajaj Finance Ltd. (India) 1,712,946
217,126 Mahindra & Mahindra Financial Services
Ltd. (India) 876,050
187,361 Repco Home Finance Ltd. (India) 1,901,116
48,355 Shriram City Union Finance Ltd. (India) 1,522,171
82,452 Shriram Transport Finance Co. Ltd. (India) 1,462,314
115,557 SKS Microfinance Ltd.* (India) 843,856
8,318,453
Data Processing & Outsourced
Services 0.9%
417,268 Vakrangee Ltd. (India) 686,098
Diversified Banks 8.5%
221,905 Axis Bank Ltd. (India) 1,978,596
399,367 City Union Bank Ltd. (India) 616,460
625,549 DCB Bank Ltd.* (India) 1,105,534
12,133 HDFC Bank Ltd. ADR (India) 714,512
91,795 IndusInd Bank Ltd. (India) 1,301,210
26,740 Kotak Mahindra Bank Ltd. (India) 559,273
20,450 Yes Bank Ltd. (India) 265,325
6,540,910
Diversified Chemicals 1.7%
20,481 BASF India Ltd. (India) 365,888
100,206 Pidilite Industries Ltd. (India) 960,729
1,326,617
Diversified Real Estate Activities 0.5%
279,322 Delta Corp. Ltd. (India) 358,630
Electric Utilities 0.7%
425,753 OPG Power Ventures plc* (India) 565,896
Electrical Components &
Equipment 2.4%
100,705 Amara Raja Batteries Ltd. (India) $1,343,109
34,375 V-Guard Industries Ltd. (India) 501,003
1,844,112
Fertilizers & Agricultural
Chemicals 3.3%
17,193 Bayer CropScience Ltd. (India) 923,096
119,247 Rallis India Ltd. (India) 430,828
168,565 UPL Ltd. (India) 1,190,005
2,543,929
Footwear 0.4%
16,795 Bata India Ltd. (India) 292,524
Health Care Facilities 0.9%
33,078 Apollo Hospitals Enterprise Ltd. (India) 719,107
Heavy Electrical Equipment 0.8%
104,719 TD Power Systems Ltd. (India) 600,307
Household Appliances 0.3%
5,219 Hawkins Cookers Ltd. (India) 253,856
Household Products 0.4%
64,025 Jyothy Laboratories Ltd. (India) 273,569
Housewares & Specialties 1.2%
156,920 La Opala RG Ltd. (India) 947,945
Industrial Machinery 4.3%
47,346 AIA Engineering Ltd. (India) 959,952
50,723 Cummins India Ltd. (India) 709,200
9,817 FAG Bearings India Ltd. (India) 662,767
193,250 Sarine Technologies Ltd. (Israel) 384,528
24,965 SKF India Ltd. (India) 561,562
3,278,009
Internet Retail 2.6%
91,586 MakeMyTrip Ltd.* (India) 2,011,229
Internet Software & Services 0.2%
8,699 Just Dial Ltd. (India) 184,165
IT Consulting & Other Services 9.0%
39,182 Cognizant Technology Solutions Corp.,
Class A* 2,444,565
147,320 HCL Technologies Ltd. (India) 2,313,570
110,304 Persistent Systems Ltd. (India) 1,265,880
85,968 Tech Mahindra Ltd. (India) 867,630
6,891,645
Life & Health Insurance 2.0%
219,719 Max India Ltd. (India) 1,527,259
Life Sciences Tools & Services 1.5%
39,372 Divi’s Laboratories Ltd. (India) 1,113,567
Marine Ports & Services 1.3%
250,955 Gujarat Pipavav Port Ltd.* (India) 962,617
Packaged Foods & Meats 2.4%
35,529 Britannia Industries Ltd. (India) 1,223,733
3,471 GlaxoSmithKline Consumer Healthcare
Ltd. (India) 349,423
1,999 Nestlé India Ltd. (India) 227,814
1,800,970
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