Building on my mistakes- Jornaling my Investing journey

Just to give a brief background, I am Chandan, from Odisha. I started investing in Feb 2020 (lucky me, you must think) with the IPO of SBI cards. I am a salaried person and invest at least 50% of my net salary in market.

I started investing with mutual funds SIPs and a few indivisual stocks watching finfluencers. Luckily 3 stocks went 3x from buying price (KEI, VBL, SGB) but I made almost nothing because the amount invested into them was hardly anything.

I was busy educating myself in my job till 2023 end, continuing my SIPs. I then took a 4-6 months break from everything because of mental health issues. I was learning about market, macros, how to read businesses, balance sheet whnever I had free times (I am a Chemistry graduate for the context).

In 2024,I was watching something on YT about position sizing and its impact on overall portfolio return and then looked at my position sizings and feeling utterly disgusted and finally decided to give it a chance. The first book I read about investing was “One up on Wall Street” and naturally I am influenced by Peter Lynch style of investing as of now. Also I was/am at the stage of my carrer, where it is going on auto mode except requires 9/10 hours which naturally gives me less time to read and learn. But I try to make the best of it.

I have been a serious investor since start of 2025, reading through Quarterly results, Investor presentations, Con-calls and making notes out of it, doing valuations exercise and deciding what to do about any stock. I don’t understand technicals very well but have been trying to use 30 WMA/200 DMA and Relative strength to decide my position sizing lately.

This is my portfolio as on 31.03.2026 taking current price for calculations.

Name % in PF (at CMP) Brief explanation
Manged by a pro 22.42% Most of my incremental money will go here
Cash 13.82%
Freshara Agro 7.94% Interesting business, great management, high margin of safety in valuations
Rico Auto 6.04% Playing the auto-annx cycle
Piramal Finance 4.99% 20%+ AUM growth guidance at 1.5 P/B, Rs. 14,500 cr tax shield after merger with Piramal Enterprises, monetiziation of stake sale of Sriram Life
Sathlokar Synergys 4.66% Just look at the orderbook and who are the getting it from, have to track the execution
Ujjivan SFB 3.22% MFI turnaround, changing book towards secured loans, universal bank license can be the next big trigger
Muthoot Microfin 2.81% Playing MFI cycle reversal, playing for valuation re-rating, management
Satin Credit care 2.56% Playing MFI cycle reversal, playing for valuation re-rating
Senores Pharma 2.53% Guided to double their PAT in June con-call, good execution, waiting for next guidance
IIFL Finance 2.13% Back in the game after RBI lifting ban on Gold loan
xxx 2.06% Not sharing the name, as this was not my research
Silver ETF 2.03% Sold off most of the precious metals holding, this is the last chunk
xxx 2.00% Not sharing the name, as this was not my research
Northen Arc 1.83% Playing MFI cycle reversal, less risky as the finance the MFI cos.
Integrated Industries 1.63% One of the fastest growing FMCG player, new capex coming
Arman Financial 1.61% Playing MFI cycle reversal, best mangement in the sector
xxx 1.59% Betting on the management and their acqisition, Not sharing the name, as this was not my research
Sky Gold 1.44% One of the best B2B palyer in Jewelery sector.
JM Financials 1.35% Diversing towards wealth management, reducing real estate exposure, 25% growth guidance for next 3 years,
IIFL Capital 1.22% Trasnsitiong from broking to wealth management, cyclical to shalow cyclical
Edelweiss Financials 1.15% value unlocking + deleveraging, EAAA IPO,
Manorama Industries 1.11% Well discovered story, playing for CVE and the super execution
Reliance Infra 1.07% Betting on the value of assets even if if goes bankrrupt
Samman Capital 0.98% At 0.5 P/B and possible management change looks an interesting candidate for turnaround.
SBFC Finance 0.97% Best player in MSME lending, great management
Entero 0.95% The business model is very interesting, indirect bet on GLP, tracking position
Orient Bell 0.91% Tracking position, waiting for the cycle to reverse
AGOL 0.67% Tracking position, very cheap, technicals, fundamental not supporting
Samvardhana Motherson 0.65% One of the best large caps, great managemet
Veranda Learning 0.59% Journey from loss to profit and the potential de-merger
Zaggle Prepaid 0.54% Good business, 30%+ organic growth, Market is punishing for -ve cash flow after the Claude’s new upgrade
Deccan Goldmines 0.51% Tracking position

**This is not a recommendation in any way, just trying to journal.

** Will be writing about next buy/sell in detail.

** Will try to update the PF quarterly.

(Suggestions, feedbacks are always welcome)

4 Likes

What do you mean by this? Is it MF managed by professionals?

Stock managed by someone else, buy-sell-position sizing is decided by him. I just implement what he says after the explanation and justification.

Hi Chandan, thanks for sharing your journey so far. Do you mind sharing what is the arrangement that you have with this “Manged by a pro” in terms of fee? I am 23 and working on my financial journey as well - one question I’d like to ask you is that why don’t you stick to SIPs in Mutual Funds instead of trying to pick stocks?

You have to dm me to get the details, I want to outperform the index and also I am enjoying the process of research very much, more than almost anything I do otherwise.

Good Q4 updates from Ujjivan