Latest Portpolio Update:
SOLD: Bajaj Auto with 15 % + Returns ( Felt 20 % CAGR cant not be expected)
Reliance with 100 % returns ( Felt Higher PE ).
L & TH —No loss or no Gain Sell----Felt Better opportunities available than this…moved to Pokarna
Wrong Selling: CDSL ( To early SOLD…Lesson Learned) with just 10 % Gain.
DIVIS --Sold partially with 150 % returns.
Added Below:
NBFC ( Instead of One stock Added Bunch)—Chola, HDFC, Ujjivan, Arman Finance Bajaj Finance( All are equally distributed).
IT----------------------------------------------------------HCL, TCS, INFY, L & T I and Mphasis, Mindtree ( All IT stocks with Equal distributed)
Banking-------------------------------------------------Bandhan, Axis, Kotak ,CUB,AU small finance and CAN fin ( All are equally distributed)
Chemical----------------------------------------------Aarti , PI Industries and Vinati ( All are equally distributed)
Manufacturing-----------------------------------Mayur, Philips Carbon and Nocil ( All re equally distributed)
Pharma -------------------------------Laurus, syngene,Divis,Sun, Solara, Strides, Alkem, Alembic ,Neuland, Shilpa Medicare ( All are equally distributed)
Auto ------SSWL
FMCG------------------- Marico and Zyudss well, DMART ( All are equally distributed)—Planning to keep for next 10 years
Real Estate and Adhesives----Ashiana, Pokarna ( Felt huge update possible bacause of real estate boob in USA), PIDILITE
Ecommerce—India Mart ( Planning to keep for next 10 years)
Engineering Services: LTTS ( Planning to keep it for next 10 years), RITES
AMC—HDFCAMC ( Planning to keep for next 10 years)
Insurance: ICIC LOMBOARD, HDFC Life ( Planning to keep for next 10 yrs)
Overall Portfolio in Green with 23 % ( In March 2020 to April 2020–It was down by -14 %). By that March time I fully invested…No powder available to add during melt down Keep calm…and stay invested…nothing else done …Added some money recently ( In Dec and Jan ) in existing stocks.
Most of companies --I selected based on following parameters.
- Market Leader or second Market Leader.
- Follow the momentum ( Pharma and IT)
- Look for Compounding effect ( for long term 10 years stocks)
- Companies which are verge of completing Capex and new capacities will be add to top line( Nocil, Mayur, and Philip Carbon).
5.Less Debt ( less than 0.5) and atleast 15 % ROCE and ROE.
- No Management problems past ( Just googling info)
Now I need help on below questions which I get on everyday.
- Still feel lot of stocks in my portfolio ( Want to bring down to 15 stocks).
- I am struggling which ones to sell
- How to structure concentrated portfolio.
- Still feeling with this too many stocks…I wont be able to make considerable returns…only reason…returns will dilute as there are more stocks…
Please help me how to decrease my portfolio stocks to 15.
Thank you for reading my post.
Disclosure: I am not recommending any stocks, here…May have bias on selected stocks…please do your due diligence…