Planning to buy the stocks on dips where I dont have exposure.
Sr No
Instrument
Sector
Avg. cost
%Allocation
Rationale
1
BAJFINANCE
NBFC
2869.5
4%
Higher net profit growth than historical averages
2
EDELWEISS
NBFC
150.45
4%
Good NBFC at lower PE
3
FCONSUMER
Retail
37.23181818
6%
Strong distribution network of future group, established brands
4
HDFC
Bank
1732.05
12%
housing push, Quality of book, strong returns
5
HDFCAMC
AMC
1171.51
29%
Exposure to HDFC mutual fund with liquidity
6
ICICIBANK
Bank
311.45
2%
housing push, Quality of book, strong returns
7
IGL
Oil & Gas
285.85
4%
Natural Gas push by govt, operates almost all CNG network in Delhi (33% of the indian CNG stations), owns stake in MGL (30% of the indian CNG stations)
8
INFY
IT
1384.1
8%
Leading IT company
9
MARUTI
Auto
8844.9
24%
Low 4 wh penetration in the country, market leader, nexa & partnership with toyota to cross the mid range band
10
YESBANK
Bank
218.79
8%
Attractive valuation at this level
11
Ashok Leyland
Auto
0%
pick up in infra (bharatmala, DMIC, ports) and mining will drive CV growth, also prebuying for BS IV
12
Britannia
FMCG
0%
Market leader in descritionary spending, increasing offerings, rural penetration, higher PCI, consumption story
13
Havells
FMCD
0%
Strong FMCD company with Loyd and Havells brand, penetration of gyser, fridge, air purifiers, appliances will increase in tier II cities
14
TCS
IT
0%
Leading IT company
15
HUL
FMCG
0%
Rural penetration, higher PCI, consumption story
16
BAJAJFINSERV
NBFC
0%
Had attended a presentation from company CXO, about how they are innovating to cross sell
17
ACC
Cement
0%
Infra, housing push will drive the demand
18
DMART
Retail
0%
Business model, penetration of retail spend in india, able management
19
RELIANCE
Oil & Gas
0%
leading Oil & Gas company with NCI complexity of 14 one of the highest in the world, will continue to export refined petrochemical products
It is general practice to also provide your conviction and reasoning for investing in each of these stocks, so that the much required perspective is clear to the reviewers. Kindly edit your post and add in this detail.
I notice that several of your picks have a weight below 1%. I personally don’t think that’s very helpful. As in, if any of those stocks went 10x in a decade, the net effect on your portfolio would only be a 10% increase.
Have you thought about consolidating your holdings? If not, I’d love to hear why you’ve allocated your capital this way.
Generally my underlining theme is consumption led growth
FMCG & Retail - penetration, increasing portfolio
Banks - Inclusion, Homes
Cement - infra, housing
Auto - again penetration & increasing income, aspirations
I am following market from a couple of years but didn’t really have money to invest. Now that i have money to invest, I am investing in good companies in these sectors (aligned with my theme) when I these stocks are available at attractive prices.
That is why some of the stocks have even 0% allocation, I am tracking them but waiting for a good price point to enter.
Added Motherson, GodrejCP, L&T and ICICI Prudential
Averaged Yes bank
Will average Ashok leyland near & below 80
Will average Maruti near & below 6400-6300
Might add ITC, Indusind, Indiabulls at lower levels
What happened to Britannia and HUL? Did you not find a good entry price?
As these are big FMCG companies, they always trade at premium, so why not create a position like you did with Bajaj Finance and IGL and average down when they fall?
Currently holding 80% cash & 15% equities, 5% in DHFL NCDs
Will start SIP in auto - every 1.5% drop will add 10% of portfolio in M&M, Maruti, Hero, Motherson (I ‘believe’ downside for auto is now limited - 10-15% )
Axis and Indusind on radar
Will start Brittania near 2600
Adding Bajaj Finance if it goes below my cost price
