I am posting my portfolio here for feedback from esteemed fellow boarders.
The basic theme of my PF is the following.
- Create a concentrated portfolio with less than 10 stocks and less than 5 tracking positions. Because only a large bet can make sizeable portfolio returns.
- For 50% of my portfolio, I want to invest in companies that will grow 3x in 5 years with moderate risk from NSE 200.
- For the remaining 50% of my portfolio, I want to invest in companies that will grow 5x in 7-10 years with low risk from the NSE 500 and 1-2 select small caps.
- I look for firms with good management, decent execution history and huge opportunity size.
|Stock||Percentage||Buy-price & Business|
|Bajaj Finance||26||1670 ----- Consumer Loans|
|Cholamandalam Invest & Fin.||21||68 --------- Used vehicle financing|
|Syngene International||13||250 ------- Outsourced Pharma research|
|Bandhan Bank||10||480 ------- Banking for the Unbanked|
|Page Industries||10||9933 ------ Premium Apparels|
|IDFC First Bank||5||43 --------- Fast growing Private Bank with a retail focus|
|Cera Sanitaryware||4||870 ------- 10 crore new homes need 20 crore toilets|
|Ambika Cotton||4||412 -------- A textiles related firm with pricing power|
|Wonderla Holidays||2||357 -------- Lowest cost provider of water-themed parks|
The above stocks are all well documented in VP and I did not want to repeat the full investment thesis again. I believe that all the above stocks will grow into 5X their current market cap.
My goals in the next 6-9 months are the following.
Invest cash savings accumulated over the past few years which were stuck in FDs. SIze of cash savings is 3X the current portfolio size. So I will need to deploy that into the current block and selected new counters.
Keep the number of stocks to below 10 and preferably to around 8-9 or so.
I plan to exit my tracking positions in Arihant Capital (.5% of PF @182), Future Consumer (1.3% of PF @76) and Skipper (1% of PF @194) due to concerns about management quality.
I am losing my patience and conviction in Cera, Ambika Cotton and Wonderla due to lacklustre performances.
I wish to enter the following stocks in 4-5 tranches.
Tech Mahindra - Doing the right things in IT and Digitization.
GCPL/Marico - Fast growing and nimble FMCG cos.
Havells/Vguard - White goods for the next 10Cr people.
PSP projects@480 - Very capable management with a long way to go.
Reliance Nippon@300 - One of the Market leaders in the AMC space.
Cholamandalam Financial Holdings@450 - I wanted to invest in a General Insurance company and Chola MS is my choice.
HDFC Life @550 - I wanted to invest in a Life Insurance company and HDFC is my choice.