Great time to make fundamently strong blue chip portfolio

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.

 

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

 

MFSL MADE 606 TODAY

 

MFSL surged a lot to touch 669 as expected

 

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 .

 

Plus...the stock I think could have been added in FNO
Yet, no regrets----can be added if it comes to 600---550---510

 

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 .

 

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.

 

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.

 

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

 

why? what changed your mind?

 

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.

 

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

 

Reduced Lupin and increased IDFC bank .

 

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

 

DCB looks to be steady and secular growth story . IDFC bank may be slow in start but three years onwards I expect good returns

 

yes for IDFC Bank downside risk is low comparatively other private banks
yesterday i added another 25 shares also

 

Dcb perhaps erratic with no dividend from 2004?

 

Can u pl share your take on Mount Shivalik maker of very popular beer brands. Why can't it be a good bet?