The stock advisory service has a number of players in it. There are veterans like equitymaster, HBJ Capital, S. P. Tulsian and also newcomers like Basant Maheshwari’s Top 10, valueinvestingindiareport.com, stockaxis.com, prudentequity.com, Impetus Advisors, Alpha Invesco etc.
Katalyst Wealth, founded by Ekansh Mittal, appears to be one of the out-performers.
According to a post by Ekansh on his website, his stock picks have delivered an impressive 206% gain over the past 30 months (CAGR 55% +). This heavily outperforms the 54.41% return that the Sensex and the other Indices gave in the same period.
How this happy state of affairs was arrived at is not a great secret because Ekansh has posted some of the research reports for public consumption. Stocks like Control Print, Aarti Drugs, Symphony Ltd, Atul Auto, Acrysil, Cera Sanitaryware, VST Tillers, Amara Raja & CARE Ratings were identified by Ekansh Mittal much earlier in point of time and his subscribers have reaped the benefit of that.
The best part is that many of these stocks are, despite the steep run up in their prices, still good buys. Ekansh Mittal himself offers that advice by pointing out that Cera Sanitaryware & Acrisyl are still good buys for the long run.
Ekansh candidly admits in his post that even he had not expected the explosive returns that his stock picks have generated. He also makes it clear that one should not expect the same degree of returns in the future. It would be “insane” to extrapolate such returns into the future, he emphasizes.
Unfortunately, many of the other advisory services haven’t provided data about their performance and so a comparison of them with Katalyst Wealth’s performance is not readily possible.
HBJ Capital had earlier, as a promotional measure, offered free access to their “The Millionaire Portfolio” “TMP”. They claim on their website that this portfolio has given an impressive return of 242% as compared to the return of 60% given by the Sensex. However, while their stock picking appears to be good, they need to improve their customer service, if you go by the irate comments posted here and here.
Basant Maheshwari has not posted an update about the performance of his Basant Top 10 stocks. His last post was in November 2013 and it showed a return of 78% since launch (November 2011). Hopefully, there will be an update soon about the current performance.
Value Investing India Report, which is run by Ankur Shah, specializes in “value picks”, where the emphasis is on minimizing risk and protecting the downside. Understandably, the returns are expected to be moderate. The “VIIR Portfolio” has given a return of 28.2% and outperformed the Nifty’s 22.3%.
Prudent Equity, which is run by Siddharth Oberoi, hasn’t posted its performance details though some of the stocks indicated on the website (such as Lloyd Electric & Engineering & Kesar Terminals and Infrastructure) are known to be huge winners.
Impetus Advisors is run by Deepak Agrawal, a Chartered Accountant and IIM Bangalore graduate. Its performance details are also not available though some of the stocks posted as past recommendations are huge multi-baggers. Impetus claims to have discovered winner stocks like Symphony, Mayur Uniquoters, Ashiana Housing, RS Software, Vaibhav Global, Welspun India etc when they were available at throwaway prices. If true, it is commendable and would have led to enormous wealth creation for its subscribers.
Alpha Invesco appears to be an offshoot of “Bulls Book”. They claim to have generated a CAGR of 44.25% since 2009 which, if true, is most impressive. You can download sample reports to get a feel of what their depth of research is like.
Interestingly, there are also a number of free advisory services on offer and they have also posted impressive results. The Model Portfolio by Daljeet Kohli of IndiaNivesh, for instance, has given an annualized return of 85%, which is outstanding by an standards. Daljeet has now prepared a list of his favourite top 10 stocks, which also should do well.
We must also pay tribute to Sanjoy Bhattacharyya, whose Model Portfolio stunned everyone by giving a return in excess of 121% in just 9 months. There are several other free model portfolios like those prepared by Sharekhan, Ambit Capital, Mehta Equities, which you will find referenced here.