Great time to make fundamently strong blue chip portfolio

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Sep 2, 2015.

  1. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    Congratulations Kharb ji
     
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  2. kharb

    kharb Well-Known Member

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    Said Tata ( exited from) to TCS after holding it for many years.Proceeds shifted to DHFL and Rel Capital my other portfolio holding stocks.TCS has been great holding for me for more than a decade.TCS is great company and I still admire it a lot As now I have decided to cut no of stocks in my portfolio ,so had no choice but to exit due to uncertainty in growth.Although I am sure I may still be having TCS indirectly as I hold around 45% of my portfolio in mutual funds.
     
    Last edited: Mar 31, 2017
  3. good stocks

    good stocks Active Member

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    MFSL could be held in small quantity INSTEAD OF A COMPLETE EXIT
     
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  4. kharb

    kharb Well-Known Member

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    Added small quantiles of Kotak bank,Indusind bank,RBL bank,ICICI Prudential insurance and DHFL.This was just to complete my target holding and over heated market has forced me to complete it at the earliest.Now my financial sector bets are almost at targeted level and has breached 50 % of my portfolio.Now I plan to rebalance it not by selling financial stocks ,but by increasing further investments in non financial sector.I shall look into buying Maruti , UltraTech cement and may be some other non financial sector.
     
    Last edited: Apr 6, 2017
  5. good stocks

    good stocks Active Member

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    MFSL MADE 606 TODAY
     
  6. good stocks

    good stocks Active Member

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    MFSL surged a lot to touch 669 as expected
     
  7. kharb

    kharb Well-Known Member

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    Yes ,it proved to be wrong decision, but it was uncertainty on merger which was reason of my exit .In my view some thing positive about merger is coming,which may be known to insiders .
     
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  8. good stocks

    good stocks Active Member

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    Plus...the stock I think could have been added in FNO
    Yet, no regrets----can be added if it comes to 600---550---510
     
    Last edited: Apr 11, 2017
  9. kharb

    kharb Well-Known Member

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    Exited from IDFC bank and IDFC ltd. All proceeds invested into DHFL,Kotak bank,Yes bank,HDFC bank and Indusind bank,all my other portfolio stocks.This was done to reduce no of stocks in my portfolio .
     
  10. Thamizh

    Thamizh New Member

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    All the best kharb! I too holding Yes bank,HDFC bank and Indusind bank in my portfolio. I had accumulated these stocks during 2015&2016 Mid and after that I did not invest since stock has not depreciated. Now I don't know whether to accumulate in smaller quantity or wait for price dip or follow SIP mode. any input would be appreciated.
     
  11. kharb

    kharb Well-Known Member

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    I am already having half of my portfolio in financial sector,so I don't intent to increase further investment weightage in this sector,but just reducing no of stocks . But if any body has less than one third of his total investment in financial sector ,then one can buy in SIP mode in strong retail banks as discussed If some body has already more than 33% weightage in financial sector like me ,he need not to invest more money in this sector but can shift same money from weak ideas to strong ideas.
     
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  12. D Mohan

    D Mohan New Member

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    Rakesh Bansal of RK Global has advised buying MFSL around 620 levels.

    [​IMG]
     
    Last edited: Apr 21, 2017
  13. D Mohan

    D Mohan New Member

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  14. kharb

    kharb Well-Known Member

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    Re entered IDFC bank again to correct my decision of sale and bought around 30% of shares I sold few days back and would like to cover entire quantity again.
     
  15. w4wealth

    w4wealth Well-Known Member

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    why? what changed your mind?
     
  16. kharb

    kharb Well-Known Member

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    Due to Correction in IDFC bank price from 80 ,it was stagnating around 60,I thought some thing big negative may come in results .Although around 2500 Crore of provision was done by IDFC at the time of Conversion to bank which I think has been used to reduce GNPA and net NPA .Now in next quarter we may have to see any affect of RBI instructions on telecom sector provisioning .But as I don't find any fresh negative ,so decided to stay with this bank for long term slow ride.Sold some quantity of Indian Hotel to pay for it .
     
    Last edited: Apr 26, 2017
  17. Ravikumar

    Ravikumar Active Member

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    IDFC bank good results in this quarter and Net NPA came down significantly due to steps taken to sell off bad loans. Looks like a turn around story from here on.
     
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  18. Thamizh

    Thamizh New Member

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    What is your views on IDFC bank as compared to other small banks DCB, ktk, Lakshmi vilas, karur vysya?
     
  19. kharb

    kharb Well-Known Member

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    Reduced Lupin and increased IDFC bank .
     
  20. ksr

    ksr New Member

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    I had bought IDFC Bank before results. Looks like good decision. Good for long term?
     
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