This is my first post and been reading posts on VP for last year and been a great learning. I would request if experts on VP can review my portfolio and guide, would be really grateful.
Aim: To compound my wealth by 15-20% and have 10-12% Dividend Income
Index Funds: 30% of portfolio: Consist of SBI ETF IT (50%), Nifty Next 50 (27%), MON100 (10%), I plan to stop Nifty Next 50 and MON100 and replace them with SBIT ETF consumption, Nippon InfraBees. Rationale for high IT is that technology would be in demand for coming years. As India is a developing nation and is on growth path both in terms of infrastructure and per capita income, growth in consumption, and Infra index will stay. I plan to increase Index funds to 60% from current 30%
Bajaj Finance: Biggest NBFC and targets professionals with good credit scores, thus less chances of NPAs and evolving its technology quite well. It is also showing good profit growth
CDSL: Monopoly stock, and as access to stock markets increase and more companies get listed their income and profit is expected to grow
CAMS: Same as for CDSL, and more focus on mutual funds, thus CAMS expected to grow also
Godawari Power: One of most undervalued stock, with high growth, the iron pellets and steel would grow as India grows. In addition it does plan to invest in solar power. The current export duty levied may impact its profit, but long term should perform well.
Redington: Low OPM, but high ROE and been evolving its business and revenue channels. It is focusing on cloud business, retail, services etc. With technology growing and people buying more technology gadget, Redington seems to be a good bet
Divi’s Lab: One of prominent API companies
Deepak Nitrite: Leader in nitrites and phenols, as demand for specialty chemicals grow, it is expected to grow at decent rate
Lux Industries: One of most undervalued company in textile group, currently diversifying in premium segments and expanding its portfolio, again can ride consumption boom in India. Recently had been affected by SEBI order, however seems to be a short term effect (I may be wrong seeing fate of Yes bank, CCD, etc) will be following up
Relaxo footwear: Again India consumption story
10: Indiamart Intermesh: Largest online B2B player and as technologies and businesses grow, Indiamart expected to be a good bet.
- PNB Gilt: 15% Dividend yield, only company authorized for Government borrowing, and govt is xpectd to keep borrowings high in view of growth of the country
- BPCL: 19-120% Dividend yield, Govt company
- Coal India: Coal expected to stay even though EVs coming up, Dividend yield: 8.8%
- Clariant Chemicals: Purely for dividend yield (37%): 14-15%
Going forward I intend to reduce current share of Equities to 30-40% and increase share of Index funds to 60-40%
Would request experts to provide their valuable guidance and feedback on my portfolio
Request if experts