Sanjoy Bhattacharyya, the veteran value investor, is a strong believer in the philosophy that one should invest only in the best companies and at the lowest possible price. In October/ November 2013, Sanjoy created a Model Portfolio of 15 top-quality stocks. He selected each stock after rigorous checks & filters. Apart from the quality of the business and the integrity of the management, Sanjoy paid careful attention to the P/E, P/B, 5 year average ROE and 10 years sales growth of each stock.
This way, Sanjoy Bhattacharyya ensured that investors were getting the best stocks to invest in, at the lowest possible value.
Today, 6 months later, the results of Sanjoy Bhattacharyya’s efforts can be seen. The Model Portfolio has given an average return of 51%. This performance (for just 6 months) is incredible and beats the 45%+ (annual) return given by a few top notch mutual funds.
Out of 15 stocks, 4 stocks (Astra Microwave, Balkrishna Industries, Mayur Uniquoters & VST Tillers & Tractors) have given 100% + gains. 6 stocks have given returns between 30% to 70%. One stock was flat. No stock is in a loss.
|Company||Price on 19.10.2013 (Rs)||CMP (Rs)||Gain (%)|
|Tide Water Oil||6804||8259||21|
|VST Tillers & Tractors||471||1036||114|
*Adjusted for bonus
Several other stocks recommended by Sanjoy Bhattacharyya from time to time (FAG Bearings, Supreme Industries, J&K Bank etc) have also given superb gains. Of course, Sanjoy has also had his share of losses & duds.
If you are interested in more model portfolios from Sanjoy Bhattacharyya, you should see the “capital preservation” & “Cheap, Cheerful and Contrarian” portfolios designed by him for Forbes. You should also check out the stocks picked by Sanjoy for the Ocean Dial’s “Gateway to India Fund”.