Sanjoy Bhattacharyya is a very busy investor. Apart from his own fund, Fortuna Capital, Sanjoy is also an adviser to Ocean Dial’s “Gateway to India Fund”.
So, in October 2013, when Sanjoy took time out of his busy schedule to create a Model Portfolio of 15 top-quality stocks only for us, his fans, I knew it would be something special. Sanjoy gave a detailed explanation of his stock-picking process. Each stock was selected after rigorous checks & filters. Sanjoy paid careful attention to the quality of the business, the integrity of the management, the P/E, P/B, 5 year average ROE and 10 years sales growth of each stock.
When I reviewed the performance of his stock picks six months later, in May 2014, I was pleasantly surprised to note that the portfolio was giving a return of 51%.
Today, about 9 months since Sanjoy created the portfolio, I am astonished to note that the Model Portfolio is giving an incredible gain of 121%.
|Company||Price on 19.10.2013 (Rs)||CMP (Rs)||Gain (%)|
|Tide Water Oil||6804||10837||59|
|VST Tillers & Tractors||471||1698||250|
What is fantastic is that there are four stocks in the portfolio giving a return in excess of 200%. Two stocks are giving a return in excess of 150% while the rest are giving a return between 30% to 80%.
Truly, a splendid selection of stocks from Sanjoy Bhattacharyya.
Now, the good thing is that if you missed out the great riches that Sanjoy Bhattacharyya handed over on a platter, there is no need for you to despair because Sanjoy has many more stocks in his radar which can offer similar gains.
In his latest article in Forbes (The problem with prediction addiction), Sanjoy has identified three stocks that he says are “high-quality businesses run by a competent crew of high integrity available at valuations that offer a margin of safety”. These are DB Corporation (330), Munjal Showa (142) and Indraprastha Gas (365).
So, if you don’t have these stellar stocks in your portfolio, you need to research them immediately and take urgent remedial steps.