Was looking for adding one mid cap IT company in my portfolio, since I was not convinced that large caps will sustain large growth in future.
I liked niche business of LTTS, and feel the fields they support - ERD - Transport, Medical Devices, AI etc, have better future prospects.
Liked Tata Elxi as well, but chose LTTS over that.
Any reason to exit a midcap fund and go for 2 flexicaps?
Initially I was thinking I will manage myself - Largecap, Midcap and Smallcaps - funds. But figured, it is not easy for me to manage and rebalance frequent and can leave it to fund managers to decide proportions.
Portfolio Update - Marâ24
Core - Added Bajaj FinServ and Havells
Satellite - Sold Fine Organics, Reduced BCL Ind. Added EID Parry
Mutual Fund - Stopped SIP in PPAFS Flexi Cap (achieved targeted corpus). Continuing SIP in Helios Flexi Cap, Started SIP in Old Bridge Focussed EQ and Edelweiss Greater China Fund
Core Portfolio
| Instrument | Weight |
|---|---|
| United Spirit | 14.5 |
| Titan | 14 |
| ITC | 11.4 |
| HDFC Life | 9.3 |
| LTTS | 6.7 |
| Pidilite | 5.6 |
| Bajaj FinServ | 4.8 |
| Nestle | 4.8 |
| Dr Lal PathLabs | 4.3 |
| Havells | 2.7 |
Satellite Portfolio
| Instrument | Weight |
|---|---|
| RATNAMANI | 3.2 |
| BCL Ind | 2.8 |
| EID Parry | 2.6 |
| SHYAMMETALIC | 2.4 |
| BAJEL | 1.8 |
| ACCELYA | 1.5 |
| CLEANSCIENCE | 1.2 |
ETF
| Instrument | Weight |
|---|---|
| MAFANG | 5 |
MF - Active SIP
Helios Flexi Cap
Old Bridge Focussed EQ
Edelweiss Greater China EQ
Portfolio Update - Mayâ24
Core - Added HCL Tech
Satellite - No Change
Mutual Fund - No Change
Sold MAFANG ETF
Core Portfolio
| Instrument | Weight |
|---|---|
| United Spirit | 14 |
| Titan | 12 |
| ITC | 11 |
| Bajaj FinServ | 8 |
| HDFC Life | 7.5 |
| Pidilite | 6 |
| Dr Lal PathLabs | 5.5 |
| LTTS | 5 |
| Nestle | 5 |
| Havells | 5 |
| HCL Tech | 3.5 |
Satellite Portfolio
| Instrument | Weight |
|---|---|
| RATNAMANI | 3.5 |
| EID Parry | 2.5 |
| SHYAMMETALIC | 2.5 |
| BCL Ind | 2.5 |
| BAJEL | 2 |
| ACCELYA | 2 |
| CLEANSCIENCE | 1.5 |
MF - Active SIP
Helios Flexi Cap
Old Bridge Focused EQ
Edelweiss Greater China EQ
Portfolio Update - Julâ24
Core - Sold HDFC Life and Nestle
Satellite - Sold BCL Ind, Added Tube Investments, Indigo, PG Electroplast and Ahluwalia Contracts
Mutual Fund - Only active SIP is Old Bridge Focused
Core Portfolio - 70%
| Instrument | Weight |
|---|---|
| United Spirit | 14 |
| Titan | 11 |
| ITC | 10 |
| Bajaj FinServ | 9 |
| Havells | 6 |
| Dr Lal PathLabs | 6 |
| Pidilite | 5 |
| LTTS | 5 |
| HCL Tech | 5 |
Satellite Portfolio - 30%
| Instrument | Weight |
|---|---|
| Indigo | 4 |
| PG Electroplast | 4 |
| Tube Investments | 4 |
| Ahluwalia Contracts | 3 |
| RATNAMANI | 3 |
| EID Parry | 3 |
| SHYAMMETALIC | 2 |
| BAJEL | 2 |
| ACCELYA | 2 |
| CLEANSCIENCE | 1 |
MF - Active SIP
Old Bridge Focused EQ
What is your rational behind investing in Old Bridge?
Fund Managerâs history, little contrarian stock selection - are main two reasons. I am treating this like my personal PMS investments.
your core includes all quality stocks. These sold ones are also similar on quality and valuations. Whats the rationale to sell?
Also what is your thought and conviction behind United Spirits for top position?
Portfolio was getting consumer heavy so decided to reduce one, so Nestle gone
Since I added Bajaj Finserv - insurance sector is covered, so removed HDFC Life.
United Spirits top position is mainly because of price appreciation. Once it crosses 15%, may trim a bit.
Portfolio Update - Octâ24
Core - No change, trimmed ITC little
Satellite - Sold Accelya, Bajel and Clean Science, Added Nuvama Wealth, Tips Music, Shivalik Bimetal and Yatharth Hospital
Mutual Fund - Only active SIP is Old Bridge Focused
Core Portfolio - ~65%
| Instrument | Weight |
|---|---|
| United Spirit | 12 |
| Titan | 9 |
| Bajaj FinServ | 9 |
| ITC | 7 |
| HCL Tech | 5.5 |
| Havells | 5 |
| Dr Lal PathLabs | 5 |
| Indigo | 5 |
| Pidilite | 4.5 |
| LTTS | 4.5 |
Satellite Portfolio - ~35%
| Instrument | Weight |
|---|---|
| PG Electroplast | 5 |
| Nuvama | 4 |
| Tube Investments | 4 |
| Astral | 3.5 |
| Shyam Metallics | 3.5 |
| Ratnamani Metals | 3 |
| EID Parry | 3 |
| Ahluwalia Contracts | 2.5 |
| Tips Music | 1.75 |
| SBCL | 1.25 |
| Yatharth Hospital | 1 |
MF - Active SIP
Old Bridge Focused EQ
Portfolio Update - Decâ24
Core - Sold ITC
Satellite - Sold Ratnamani Metals, Bought Venus Pipes and IGIL
Mutual Fund - Only active SIP is Old Bridge Focused
Core Portfolio - ~60%
| Instrument | Weight |
|---|---|
| United Spirit | 13 |
| Titan | 9 |
| Bajaj FinServ | 8 |
| Havells | 6.5 |
| HCL Tech | 5.5 |
| Indigo | 5 |
| Dr Lal PathLabs | 4.5 |
| Pidilite | 4 |
| LTTS | 3 |
Satellite Portfolio - ~40%
| Instrument | Weight |
|---|---|
| PG Electroplast | 8 |
| Nuvama | 5.5 |
| Tube Investments | 4 |
| EID Parry | 3.5 |
| Yatharth Hospital | 3 |
| Shyam Metallics | 3 |
| Astral | 3 |
| Venus Pipes | 2.5 |
| Ahluwalia Contracts | 2.5 |
| Tips Music | 2 |
| SBCL | 2 |
| IGIL | 1 |
MF - Active SIP
Old Bridge Focused EQ
What is the rationale behind Venus Pipes considering its softening growth
I replaced Ratnamani with Venus, expecting faster growth rate. Small % of portfolio and on radar to continue or sell.
Portfolio Update - Febâ25
Core - Sold LTTS, Bought Narayana Hrudayalaya
Satellite - Sold Ahluwalia Contracts, Bought Policy Baazar and Nirman Agri
Mutual Fund - Only active SIP is Old Bridge Focused
Core Portfolio - ~55%
| Instrument | Weight |
|---|---|
| United Spirit | 11.5 |
| Bajaj FinServ | 9.5 |
| Titan | 8.5 |
| Havells | 6.5 |
| Indigo | 5.5 |
| HCL Tech | 5 |
| Dr Lal PathLabs | 4.5 |
| Pidilite | 4 |
| Narayana | 3 |
Satellite Portfolio - ~45%
| Instrument | Weight |
|---|---|
| PG Electroplast | 7 |
| Nuvama | 4.5 |
| IGIL | 3.5 |
| Tube Investments | 3.5 |
| Yatharth Hospital | 3 |
| PB Fintech | 3 |
| EID Parry | 3 |
| Shyam Metallics | 3 |
| Astral | 3 |
| Venus Pipes | 2 |
| Tips Music | 2 |
| SBCL | 2 |
| Nirman Agri | 1.5 |
MF - Active SIP
Old Bridge Focused EQ
Any specific reason for this?
Just that count of stocks were growing, and since I already own HCL Tech, that has some similar buisness.
