Long Term Portfolio

Hi,

I want your comments on my portfolio:

Stock Name %
ASHOK LEYLAND LTD 2
AXIS BANK LIMITED 15
COAL INDIA LIMITED 3
ENGINEERS INDIA LTD 3
EXIDE INDUSTRIES LTD 2
FEDERAL BANK LTD 1
AMBUJA CEMENTS LTD 1
GMM PFAUDLER LTD 1
HDFC BANK LIMITED 3
HINDUSTAN ZINC LTD 1
ICICI BANK LIMITED 9
IDFC LIMITED 4
INFOSYS LTD 2
IPCA LABORATORIES LTD 2
ITC LIMITED 1
AXISCADES ENG TECHNOLOGIES LTD 3
JB CHEMICALS & PHARMACEUTICA 3
MOTHERSON SUMI SYSTEMS LIMITED 10
NMDC LIMITED 2
NTPC LIMITED 2
PTC INDIA FINANCIAL SERVICES L 2
PUNJAB NATIONAL BANK 3
QUANTUM GOLD FUND -ETF 1
STATE BANK OF INDIA 8
SUDARSHAN CHEMICAL INDUS LTD 3
SUN PHARMACEUTICAL INDUSTRIES 4
SUVEN LIFE SCIENCES LIMITED 1
TATA CONSULTANCY SERVICES LTD 5
WIPRO LTD 1
YES BANK LIMITED 2

I consider the following as my long term picks: Axis bank, HDFC bank, Engineers India, Exide, Sudarshan Chemicals, TCS, Infosys, SBI, ICICI, PNB, IDFC, PTC, Motherson Sumi, Yes Bank, Sun Pharma, IPCA, Suven life sciences, JB Chemicals, NTPC, NMDC, Hindustan Zinc, Coal India as long term picks.

1. The logic for metals and minerals and power stocks are: mostly zero debt, well managed companies which will pickup once the time starts for cyclical stocks.

2. My low cost high value picks are : Axis bank, Motherson Sumi, Sudarshan Chemicals, JB Chemicals, IDFC, Suven Life Sciences, PTC Financial services, Exide

3. Plan to get out my lone dead duck which is Axiscades and move into any more of the pharma stocks i have or motherson sumi

4. I might alternatively pick some HCL tech at current prices

5. I plan to consolidate into max 25 stocks at the right entry or exit points

Do give me your thoughts on my current stock portfolio and any long term value picks and their ideal price entry point. I am a long term investor and i am looking at a minimum 5-10 year horizon.

 

if you already have 15% in Axis and 10% in ICICI ..why have 9% in SBI..rest looks ok..also try and get a few small/micro caps if you can afford the risk...they might give sharper returns ...but its your call

 

Thanks for your suggestions. I agree that i have a predominant leaning towards banking sector. The idea of SBI and PNB was i wanted to pick up a couple of blue chips on the PSU banking space. In this market, i see value in the banking, Auto, Pharma and IT space.

Over a period of time i plan to retain not more than 25 stocks in my portfolio. Any thoughts on value pick stocks which can be added at current price levels?