my portfolio

Large caps : TCS(@10%) ,LNT(@10%),HCL TECH (@10%),NMDC (@5%),LUPIN(@5%),DR REDDY (@2%),ITC (5%),BHEL/ONGC/OIL/PFC/REC/LIC HF/ICICI(@15%TOTAL)
MID/SMALL CAP GRANUAL (5%) SUVEN (@4%)KITEX (4%)
YES BANK(@4%),DCB/morpane/pnb gilt/canfin housing/capfirst/Geojit/dhanuka(rest),
Pl advice on my stock selection.

 

I think that we should not invest in companies which enjoy lot of govt subsidies and incentives. Textile Industry gets lot. So I doubt that if govt stops giving subsidies and incentives then it may reduce their Net Profit numbers. I dont know whether my thought is right or wrong

 

Thanks for your views,naturally the aim of coming in the stock market is creating the wealth ,but as you said over diversification also dilute the return I am trying to reduce the no of stocks from my portfolio, actually there were 50 scripts
in my portfolio slowly it is coming down ,answer to your next
Question ,I am 50 years ,so can take risks too, so what would we your suggestion in which stocks I should make my positions and in which I should reduce,I have thought of entering Mayur Unicoaters and Kesar terminal to add in my portfolio what is your view.
Thanks in advance.

 

If you are 50 years you should not take risks sir. You should go for tried and tested largecaps for stable wealth creation.

 

That's why I have I have allotted my 50% in large caps but I know that if wealth is to be created I will have to take some risks,bcs I know share market turns up/down every 8 year on average ( 1992 ,2000,2008) so I have still two cycles to go bfr
Retirement ie 2016,2024.