Hi rajeesh ji, even I am a novice and have a lot to learn but I actually believe you have too many stock in your portfolio about more than 30. It’s tough to track and even for example you have a 1%allocation in ITD Cem and just let us say it’s stock price goes up 50 times, which is an incredible thing. Your portfolio will only go up 0.5 times, which does not change much, my suggestion even if you are a conservative investor keep only the number of companies you can track, ideally speaking less than 15. And the diversification you want can be high quality companies across a number of industries and not concentration in one industry. That will give you nice exposure. And this I am suggesting for the long term.
Sincerely,
Posts in category Value Pickr
Rajeesh’s Portfolio (29-09-2024)
How to read better to catch long term structural trends? (29-09-2024)
Hi siddarth, I do not know the exact answer, but I’ll tell how I think of it sometimes I look at developed countries and certain industries and how they developed and I just see if there is a company like that in India and it is not possible always but I try to see parallels among them. I would like to give 2 examples : CDSL and CRISIL.
See in USA, the participation of everybody in the capital markets is a lot and only increasing but not decreasing almost 25-30% of an american family’s net worth is exposed to equities directly or indirectly.
In India, which has a heavy bias towards real estate and gold, only 4% of Indian wealth is exposed to equities. As financial literacy increases, and more capital is exposed to equities the capital markets and the companies related to the market will benefit. This is a structural trend I believe and being one of the only 2 depositories, CDSL is bound to have a long runway for growth.
Previously 2 decades back the accountability of listed companies was very low and even today I would say it is not up to the mark. As the financial industry and capital markets mature, ratings companies of India will progress just like S&P and Fitch ratings of USA. Even today many mid cap and small cap companies have dubious ratings companies and these unconsolidated players will lose market share and both the pie of the ratings industry becomes bigger as well as the pie share of the big players will also increase. According to me these are long term structural trends.
This is my personal opinion I would love to hear any other person’s take on this
Kitex Garments Limited (29-09-2024)
Thanks for replying, Did they also mention mode of acquisition ? And by when can we expect telengana unit production to reach at the optimum level?
Rajeesh’s Portfolio (29-09-2024)
Also VP is good forum to discuss. However if you are investing your hardearned money, please also study on the side from YT or do some good courses.
Good start –
Subscribe to daily letter of Finshots, Groww Digest etc.
Follow some YT channels namely – Vivek Bajaj, Vivek Singhal, Sahil. They are enough to make you self established. And also below course is an add on.
The Ultimate Stock Market Course | Beginner to Pro Fundamental & Technical Shares Analysis
Rajeesh’s Portfolio (29-09-2024)
A portfolio of around ₹1 crore can ideally have a maximum of 33 stocks but i see you have 39 approx. However, if you’ve been investing for 9 months with ₹70k per stock, I would suggest starting with around 15 stocks initially. Once you’ve reached about ₹3 lakh per stock/ if in equal percentage, you can gradually diversify further. But even with diversification, it’s best to cap your portfolio at 30-33 stock holdings to maintain a balanced and manageable approach.
Olectra Greentech – Electric Bus Opportunity (29-09-2024)
Anyone has bus registration data for Q1 2024 for Olectra?
Smallcap momentum portfolio (29-09-2024)
@kuldeep_agarwal NSE notification attached.
ind_prs23082024.pdf (770.4 KB)
Ranvir’s Portfolio (29-09-2024)
Sir one such risk in this company is they have fixed price contract, so RM volitility can hit their margins, please add other risk that you know, as i also like the business, but have no positions yet.
DCB Bank – Steady performer (29-09-2024)
Have been invested for some time and track on spare times. I don’t think we’ll get great ROE from this bank like we see in other private banks. Having said that, a very good possibility of consistent 12-13% ROE is highly possible in near future. The management’s comments of 14% ROE from 1% ROA doesn’t look feasible I feel. Future is obviously open. At this point of time, small ticket sizes of the loans, mostly doing collaterals and ability to recover slippages has been evident. Assuming company won’t grow like HDFC Bank during its younger days, at the same time, they can still grow at a reasonable rate, and I feel current valuations are very cheap for a company with steady growth and possibility of higher growth in the future.
Disc: Invested.
Rajeesh’s Portfolio (29-09-2024)
I think you should reduce number of stock.You have to spend lots of energy and time to manage this portfolio.You may choose your one best stock from one sector instead of buying two or more stocks from same sector.