Suggestions requested for my portfolio

I would like to know suggestions thru this forum. Wanted to restrict the portfolio to app. 10 stocks but eventually had to increase for diversification.

Sintex 16%
Relaxo 12%
Repco 12%
Page 9%
Motherson 9%
MCX 6%
Arvind Mills 5%
Cummins 5%
Ashiana 4%
Shilpi Cables 3%
Gruh 3%
United Spirits 3%
Dhanuka 3%
Fortis 3%
Kitex 3%
South India Bank 2%
DCB 1%

 

Thanks Meenakshi.

Between DCB and South India Bank what do you recommend?

Is it OK to accumulate more of Sintex, Repo and Relaxo?

 

Your advice on DCB was great. They have given very good result and stock is also up.

Do you have any views on Shilpi cables

 

Sharma ji,

You must also tell your investment goal and timeframe so that boarders can suggest you which stock you should keep or sell.

In simple words we are expecting you to tell us that how much you want to earn in how many years or month or days ?

 

My investment time horizon is long term. Wish is to get returns of 20%+ CAGR

 

In last 3 months, I have done some tweaking in my portfolio; have come out of South India Bank, Arvind, United Spirits, Shilpa Cables and Ashland Housing. Have added Nandan Denims, Mayer uniquoters and Rain Industries.

I am looking for suggestions in terms of:

• • Addition and deletion of stocks
  • Reducing / increasing exposure in existing stocks

Relaxo 15.2%
Sintex 14.9%
Repco 9.9%
Motherson Sumi 8.9%
Page 8.7%
DCB 7.5%
MCX 6.1%
Kitex 5.6%
Cummins 4.6%
Mayur Uniquoters 4.1%
Gruh 3.7%
Fortis Health 3.4%
Rain Industries 2.7%
Nandan Denim 2.7%
Dhanuka 2.1%

 

You do not have any holdings in the IT sector. Is there any reason that you are avoiding IT companies ? One more thing I noticed is that your entire portfolio doesn't consist of even one large cap stock.

 

1. Don't' want to put all eggs in one basket - I work in IT company
2. Next couple of years looking for major kick on the portfolio hence no large cap.

 

Working in an IT company and holding shares of IT company are two fundamentally very different things. If the companies decide to reduce the headcount of it's employees it maybe harmful for the employees but beneficial for shareholders as it means reduced costs, You do have to consider that your portfolio would be more volatile as you have number of high beta mid cap stocks. Although the quality of companies that you have chosen are excellent it can be very volatile as well and on both sides up and down.