Hi everyone, Ken here. This is my first post in Valuepickr. I started my investment journey in 2020, as soon as I passed out from college and began my professional career. So with the really small experience I have in investing money on Stock Market, I thought I would share my equity portfolio. Always happy to hear the feedback, both pros and cons. I have also explained the rationale behind each investment in simple terms. I only know basics of fundamental analysis, still haven’t properly understood technical analysis.
Companies:
Varun Beverages: Allocation- 19%
Rationale:- I think of this company as a proxy play. As long as the pepsi contract is intact, I believe this company would be able to generate good profits. Especially now that they are already trying to build up their own products.
Elecon Engg Co: Allocation- 13%
Rationale:- Industrial product company, manufactures gears, Material Handling Equipment etc. Invested based on the correlation of probable infra rise in India and the manufacturing support.
Tata Power: Allocation- 9%
Rationale: Invested back in early 2020 keeping in mind the EV play, along with Solar. Still think there is some fuel left in the EV play.
Indian Hotels Co: Allocation- 11%
Rationale: Invested based on the boom in tourism after covid, and based on the number of new hotels the company has added and continued performance.
Affle India: Allocation- 13%
Rationale: Digital Marketing play. I think this could be a long term game, especially considering how the lifestyle is changing day by day, the marketing spends would boom once the macro conditions are stabilized.
IDFC First Bank: Allocation- 8%
Rationale: Invested based on the turnaround the company has made in its business operation, especially in the retail area.
Jubilant Foodworks: Allocation- 7%
Rationale: Probable rise of QSR’s in India in the coming years.
RECL: Allocation- 6%
Rationale: Solely for dividend. Will buy during the dips.
Devyani International: Allocation- 5%
Rationale: Probable rise of QSR’s in India in the coming years.
BLS Intl Services: Allocation- 9%
Rationale: I think the visa outsourcing space this company works on is an evergreen industry. Keyword is “industry”, not company. But for a new company to get it, there is lot of regulatory items/phases that may have to be passed. Invested after tracking the company for sometime, both in terms of the results as well as the new contracts the company was able to obtain.
I have a fairly small direct equity portfolio, within 40000. As of May 31,2023 the portfolio is sitting at a profit of 25.77%. So far the only stock in the portfolio, which is at a loss is Affle (-12%). Except for TATA Power, all the other stocks were bought within the last one year timeframe.
Companies in Watchlist/Tracking: CCL Products India, Mold-Tek Tech, Triveni Turbine.
MF’s holding: HDFC Index S&P BSE Sensex Direct Plan Growth, Tata Digital India Fund Direct Growth
Do share your valuable feedback Thanks!