Background: I entered direct investing during Dec 2017 with no knowledge of investing/anything related. Few of my friends have been investing, so started the journey thinking I would be able to generate decent money.
Due to my good luck, that I started to learn/accept the surprises from the beginning itself in less than 2 months, market started plunging starting end of Jan 2018, resulting in losses.
Also started following many investors on twitter to get a hang of investing/sector and my focus has always been long term investing/not to worry much about short term macros.
My investment theme: after going through whatever happening since Jan-2018, my strategy would to Buy Low Sell High, Be fearful when others are greedy and greedy when others are fearful - The quality/good management
Exit Strategy: Plan to sell 50% when doubles to get back invested amount
|CENTRUM CAPITAL||FINANCE - GENERAL||20.37|
|L&T FINANCE||FINANCE - INVESTMENTS||12.28|
|ASHOK LEYLAND||AUTO - LCVS & HCVS||5.14|
|TATA MOTORS||AUTO - LCVS & HCVS||4.51|
|GODREJ INDUSTRIES||Cosmetics & Toiletries||5.15|
|VIP Industries||Consumer durables||4.85|
|FUTURE CONSUMER||FOOD PROCESSING||2.88|
|HSIL||Ceramics and Allied||9.62|
|LT Foods (DAAWAT)||FOOD PROCESSING||4.47|
|Meghmani||PESTICIDES & AGRO CHEMICALS||1.57|
Mutual Fund Holdings:
- Mirae Asset Emerging Bluechip
- L&T Midcap
- Franklin India Smaller Companies
- Axis Long Term Equity
Centrum Capital - Centrum is a diversified financial services organization with deep experience in financial markets.Centrum Management capability lead by Jaspal Bindra. Many of their business are about to take off.These businesses are scalable.
Godrej Agrovet - I do see Godrej Agrovet transforming into a integrated behemoth from India over the next 10-15 years.
Given my long horizon, Im ok to have notional loss in short to medium period.
HSIL and VIP - Management with integrity & competence focusing on rural India,though HSIL has capex issues.
L&T finance - Excellent company promoted by L&T, run by high quality professionals.In a weak economic environment, banking and financial sectors have been usually hardest hit. Also they could be aspirants for a banking licence in the long run.
In essence,I’m still learning and bought most of the above stocks with no clear understanding/theme. Planning to exit LT foods,Meghmani,Future Consumer,Yes when the price reaches buy price. Remaining,planning to hold for long term as per the exit plan.
Currently my portfolio is ~30% down (good that all these happened in my early investment journey when market was down, that I do not get carried away during next bull run). As I do not have any immediate needs and as the focus has always been on long term with Quality ones, so not worried and curious learning whatever unfolding.
I have invested all my savings in Stocks/MF which I clearly know, that not a great idea and should always diversify. Planning to diversify down the line after few years.
Thank you all for keeping threads active here and sharing the knowledge across.