Interesting, can you pls elaborate how would reversing order of reading be more helpful? Thanks
Nice read… Some lines of thought on VUCA and what 2019 may look like.
Updated Portfolio : On a lighter note, this looks to me like a mutual fund 
| S.No | Company Name | Unrealized Profit/Loss % | Portfolio WT % |
|---|---|---|---|
| 1 | MARUTI SUZUKI INDIA LTD | 16% | 8% |
| 2 | L&T TECHNOLOGIES LIMITED | 2% | 8% |
| 3 | PAGE INDUSTRIES LTD | -10% | 7% |
| 4 | INFOSYS LTD | 1% | 7% |
| 5 | 3M INDIA LIMITED | 9% | 6% |
| 6 | BAJAJ FINANCE LIMITED | 30% | 5% |
| 7 | PIDILITE INDUSTRIES LTD | 19% | 5% |
| 8 | AVANTI FEEDS LTD | 8% | 4% |
| 9 | HOUSING DEVELOPMENT FINANCE CO | 14% | 4% |
| 10 | GLAXOSMITHKLINE CONSUMER HEALT | 7% | 4% |
| 11 | ASHOK LEYLAND LTD | -1% | 4% |
| 12 | YES BANK LIMITED | -6% | 4% |
| 13 | ABBOTT INDIA LIMITED | -6% | 4% |
| 14 | GRUH FINANCE LIMITED | 0% | 4% |
| 15 | HDFC STANDARD LIFE INS CO LTD | 0% | 4% |
| 16 | INDUSIND BANK LIMITED | 7% | 4% |
| 17 | STERLITE TECHNOLOGIES LIMITED | -6% | 4% |
| 18 | BRITANNIA INDUSTRIES LTD | 13% | 3% |
| 19 | HDFC BANK LIMITED | 1% | 3% |
| 20 | MERCK LIMITED | 2% | 2% |
| 21 | KENNAMETAL INDIA LIMTIED | -3% | 2% |
| 22 | GMM PFAUDLER LTD | -2% | 2% |
| Overall Portfolio | 4% | 100% |
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How much percentage of cash are you holding? If there are 22 stocks in portfolio is it not better to buy some good MF(Tough question!!)??
I dont have clear definition of cash. Its kind of flexible. One can break FDs, withdraw PF, stop LIC, borrow from friends, relatives, sell house or even take loan. None of these that I recommend neither do, but its very flexible in my definition… If market becomes cheap and extremely attractive, one can free up cash if need be.
However, from medium term cash perspective cash is 75 % earning 5 to 6 % approx.
MF yes, I do lump sum, one shot entry only when main index corrects by say 20 %.
Portfolio started as concentrated, but I lacked confidence. Also very volatile… So diversified. Will load up and down for the time being. May be after 12 months will do rebalancing… That’s my mota mota plan
You have good stocks but individual allocation is too small… for me. Hence it will restrict the upside to the portfolio while protecting your downsides… so its basically a quasi mutual fund 
I prefer to have 10-12 stocks in main portfolio where almost 90-95% allocation goes. Rest 5% gets divided between 5 new ideas/tracking position stocks where I would like to keep them under observation for 2-3 quarters before deciding whether to increase their allocation or exit. If increase, some of the current one has to give way 
It doesn’t work out each time but I started liking it this way…
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Usually when I see portfolios of people who share in this forum, I can see a hidden theme in there or an easily identifiable thought process. However, looking at your mix of stocks from 1 till 27…I am unable to identify it 
It could be you run on multiple thought process, investing styles etc. or your theme is evolving. Having said that I see good amount of Technology, Finance and MNC play in your portfolio.
You are very right. I am reading, learning and experimenting all at the same time. So may be no secular theme is visible. However, my top 4 sectors are as below. MNC heavy is intentional. I think, in general, they command higher PE and have good corporate governance.
| Top Sector | % Allocation |
|---|---|
| Banking & Finance | 28% |
| FMCG | 17% |
| IT | 15% |
| Auto & Auto Ancilliary | 13% |
How is FMCG 17% ? Just trying to understand
Avanti feeds, Britannia, Gsk, Pidilite is FMCG
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Avanti Feed definitely should not be considered as FMCG.
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Yup… Its a mistake. Thanks for pointing out. Everywhere its categorised as aquaculture.
ICICI direct puts it under Fmcg.
Taking Avanti out, means Fmcg is now 13 %.
BFSI, IT, Fmcg then Auto. Now I find, bit underweight on Fmcg, as I wanted it to be at no 2…above 15% allocation.
Pidilite is primarily chemicals, with a separate segment which they call consumer and Bazaar business which has some flavours of FMCG but strictly not FMCG I would say…
Hi,
I just noticed your first message. Point 5 states " Max 10 stock portfolio- any new addition will be after exiting one of them". This was on Nov 12. It is now 1 month and 9 days and your portfolio already has 22 stocks. It appears to me you are not clear what you want to do, are probably excited by the attention your portfolio is garnering in the discussion forum and hence moving all around without a clear focus. I would suggest that you take it a bit easy and spend a lot of time reading about investing and Indian stocks. Once you have selected your stocks based on certain convictions, give your portfolio time to grow and keep testing those convictions for validity through honest analysis. Sell if you are convinced your original premise is no longer valid.
I might be sounding rude here, but I sincerely believe you are making a very basic mistake of buying based on very broad thought processes rather than objective and deep analysis. I do hope and wish that you do not end up losing your hard earned money.
Regards
Shivram.
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You r right. Seems satabdi is trying to build up a multi-cap portfolio depending on the situation of indices & convictions.Me too looking this portfolio from inception since a @homemaker managing it Anyway till the time it’s fetching growth “All is Well”
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Inspite of today’s U turn in the rally, sensex falling 700 odd points, Gruh finance was only green in my portfolio . Bit surprised initially, now here is a speculative news. Bandhan Bank may acquire Gruh from HDFC. News came at 4 pm, but market seems to know it since morning or even 2 days before. I am sure market was aware much ahead as gruh started rallying up seamlessly without any news for past few days… Quite amazing 
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No need to be amused…insider trades happen almost in all scrips…even sebi cant go anything about it
one example below
Even if it does look like a MF, it is your own creation with conviction, belief, following, and also the correct weightage. I always grapple with the same, thinking I own too many stocks. Sure, it does average, but then as of Nov 30th,2018, I was down 6.01% from the Highest High Value of my portfolio in 15 months. How does that happen? Only one thing> Diversification in Large, Medium and Small Cap.
KKP
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Investing read. How market corrections should be welcomed.
No increase in equity allocation. Cash % increasing. Anticipate correction to offer better entry points. Portfolio just in line with overall market index. Look forward to Jan results for some directions.
| S.No | Company Name | Unrealized Profit/Loss % | Portfolio Wt % |
|---|---|---|---|
| 1 | L&T TECHNOLOGIES LIMITED | 9% | 8% |
| 2 | MARUTI SUZUKI INDIA LTD | 11% | 8% |
| 3 | INFOSYS LTD | 0% | 8% |
| 4 | PAGE INDUSTRIES LTD | -10% | 7% |
| 5 | PIDILITE INDUSTRIES LTD | 6% | 6% |
| 6 | 3M INDIA LIMITED | 0% | 6% |
| 7 | BAJAJ FINANCE LIMITED | 30% | 5% |
| 8 | HOUSING DEVELOPMENT FINANCE CO | 15% | 4% |
| 9 | GRUH FINANCE LIMITED | 4% | 4% |
| 10 | YES BANK LIMITED | -5% | 4% |
| 11 | GLAXOSMITHKLINE CONSUMER HEALT | 5% | 4% |
| 12 | AVANTI FEEDS LTD | 4% | 4% |
| 13 | ABBOTT INDIA LIMITED | -6% | 4% |
| 14 | ASHOK LEYLAND LTD | -5% | 4% |
| 15 | HDFC STANDARD LIFE INS CO LTD | -1% | 4% |
| 16 | INDUSIND BANK LIMITED | 3% | 4% |
| 17 | STERLITE TECHNOLOGIES LIMITED | -10% | 3% |
| 18 | KENNAMETAL INDIA LIMTIED | -1% | 3% |
| 19 | BRITANNIA INDUSTRIES LTD | 10% | 3% |
| 20 | HDFC BANK LIMITED | 1% | 3% |
| 21 | MERCK LIMITED | 2% | 2% |
| 22 | GMM PFAUDLER LTD | -1% | 2% |
| Overall Portfolio | 3% | 100% |
2 Likes