I have had the pleasure of reading articles and improving my knowledge through this forum. I had like to understand your views and suggestions (I welcome your criticism as well) that can help me get better. In this regards I am putting across my portfolio for your review and request your valuable feedback.
My financial portfolio has a decent exposure into equities through 50% each into equities (direct) and 50% through MF done in an SIP manner (Mirae asset emerging - high allocation, opportunities and Birla SL - comparatively lower). My thought process is to see how I would fare in the next 3-5 years bechmarked against my MF portfolio.
1.) Adani Ports - 4% - Economic Moat. But after my recent analysis have questions regd the management’s approach towards minority SH. Will need to do more work?
2.) Ashiana Housing - 4% - Contrarian Play. Trust the management. Would like to hold it for 2-3 years but keep a watch. Recent results very disappointing. Want to keep a close watch.
3.) Bharat Forge - 5% - Sector Leader. Could be an interesting bet with its recent happenings (collaboration as well) in the defense sector
4.) Granules India - 6% - Trust the management and taking their business higher up in the value chain. Would like to add more in 2016.
5.) Gruh Finance - 5% - Should have got into it at better valuations (got at around 260). But believe in this compounder and would like to hold it for medium to long term.
6.) Heritage Foods - 4% - OPM a concern. But with the management taking into 3 new states and adding more of bakery products which has higher profit margin (reducing retail) can turn out to be an opportunity
7.) Jagran Prakashan - 7% - Got at decent valuations. Future of advertisement industry looks good if the economy bounces back. Loss making newspaper biz are also slowly going thro a turnaround.
8.) Lumax Auto Tech - 5% - A mid cap that I would like to hold for 2-3 years and do a timely evaluation. Can be a beneficiary with the revival of auto sector.
9.) MCX Ltd - 5% - Believe in the economic moat and would like to hold it for 2-3 years and do a timely evaluation
10.) Motherson Sumi - 5% - Bought at an avg price of 270. Thinking of moving out of this as get into another housing finance - CAN FIN may be?
11.) Repco Homes - 5% - Believe in the housing sector growth opportunity. If they can work on certain aspects their business can get as better as Gruh but a long way to go. Would like to add more in 2016 when there is an opportunity
12.) Shilpa Medicare - 5% - Can it be a leader in the Oncology? Will wait till 2017 and evaluate when more details are to emerge.
13.) SBI - 6% - Holding this for sometime now at an avg price of 165 which is the price it has come to. Would like to hold for sometime and get out on the rise
14.) Suven Life - 5% - Believe in their CRAMS space. Would like to keep a close watch on their upcoming products and do a timely evaluation
15.) Vidhi Dye Stuff - 4% - Recent entry after going thro their AGM updates. Growth opportunity.
The remaining I am holding in cash and I am looking at around 4-5 years term for the above portfolio. Some of the watchlists include - Camlin Fine, Ambika Cotton, Welspun India, Astra Microware, Avantel, some IT companies in digital space (havent done any homework yet)