Great time to make fundamently strong blue chip portfolio

I am doubtful for FMCG sector. There are no new customers to be acquired for FMCG prodcuts unless loyalty towards one product breaks. As the consumer’s income increases, he is not going to buy more FMCG product. Also there is intense competition from Patanjali.

 

It is not addition of more consumers but more consumption specialy by lower and lower middle income class which will increase with increase in income .A bigger portion of 48000 Crore National Waste Fund of India ie Manrega will also ends at liquor ,tobaco and FMCG .Patanjali is a temporary phenomenon and I dont expect it to perform beyond 2019 for obvious reasons,as tailwind will change to headwind.

 

good choice ... i am also holding ITC and in my view next 5 years i am also expecting better performance due to management changes

 

How is Federal Bank compare to RBL ?

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@RAMA MURTHY SASTRY CHALLA @Srouta Mukherjee @BombayBoy @w4wealth @yembee

 

Federal Bank & RBL ..both are good stocks ....

Federal bank mainly established in Kerala state , which is rich belt and having huge number of Gulf NRI accounts , management also showed good track record
low risk apatite investors may accumulate in market Dips

RBL bank is mainly located in Cities and having good customer base and mainly good track record
to management , and they are planning to expand business also
but present price is costly , High risk apatite investors may try for this

 

Added small quantities of RBL bank,DHFL and L& T fin holding,These all are in my portfolio .In my view these are long term secular stories .

 

Added further small quantity of ICICI Prudential Insurnace ,I think insurance is a long term secular story with CAGR of 15% ,and it is only listed stock presently in this sector.I also expect many long funds to take positions in this sector .

 

Added small quanity of L& T fin,RBL bank,DHFL all my portfolio stocks,these all are long term stories..Added small quantity of Manapuram Fin also,new stock for me..

 

Added further small quantity L& T finance ,my portfolio stock .This stock is now around 2℅ of my portfolio .I think this is a long term secular story Also started adding a new stock ,Max Financial in small quantity from today in hope of its merger with HDFC Insurance

 

Fantastic gains are there in L&T Fin Holdings and also Manppuram Finance Ltd. I am having both stocks in portfolio

I bought very minimal of L&T Finance now waiting for correction to add on dips

 

Again added small quanity ,now stock crossed 1% of my portfolio .

 

Added small quantity of Asian paints,my portfolio stock.By looking at our country buildings ,It seems India needs massive repainting .

 

Exited from City union bank,it was small quantity and I did not plan to increase holding in it so exited to reduce no of stocks in portfolio.

 

CUB Exit is good decision , at nifty 9000 levels your decision is correct ...

 

Exited completely( small quantities) from Mannapuram Fin and Max Financial .Proceeds invested in ICICI Prudential Insurance ,my other portfolio stock.This is done to trim stocks which were in small quantities in my portfolio but were not giving confidence to me to increase it .

 

Exited from A B Fashion Retail and Mahinda Holidays,in both was having small quantiles These stocks looks to be static in high flying booming market and were not giving confidence to increase their weightage..Proceeds invested in Rel Capital ,other portfolio stock ,which is grossly under priced.This exercise was done to reduce no of stocks in portfolio.

 

CUB is good stock IMHO but better to have tight portfolio and not too many stocks with low holding. Better to hold large quantities of high conviction stock.

 

Added small quantity of DHFL ,already stock is in my portfolio.I don't intent to exit from this in three digits.Also got minimum lot of D mart under retail investor in IPO,will hold it.

 

Congrats heavy gains are there Min 50% gain on listing

 

Congratulations Kharb ji