Thanks for the feedback. You inspired me to start the thread.
- Even if i have chosen names from Nifty 100 Universe, but I am not rigid about the stocks remaining in index. If tomorrow some stocks get out of index, but performing good bussinesswise, then i will stick to them. I will not sell out just because they are out of index. My main criteria is to renain invested in good businesses for very long time. If they happen to also in indexes, i get more comfort from liquidity and flows of funds into index stocks.
- Agree about NBFC being more weightage than banks …I will be increasing bank weightage soon to balance this.
- Pharma is a tricky sector. If you ask me personally, i would avoid it altogether. But wanted to keep my personal bias aside and hence invested in pharma. Out of that i chose API segment being more robust compared to branded generics and less prone to USFDA observations and warning. Hence Divis.
Abbott India is india centric pharma company…its actuality FMCG company , covered in pharma clothes. So no US market risk. Laurus labs is not from index . Thats my personal bet , by studying on valuepickr and other forums. - For IT, I am.more comfortable with Large caps…still just started tracking position in Tata Elxsi…will increase its weightage gradually.
- I m not.finding good FMCG companies. Nestle is good., HUL is no-option stock…other than that earlier i used to have brittania, but its performance has deteriorated. If I want to increase FMCG weightage, i need more companies to add, which are as good as Nestle. I cant increase weight of Nestle and HUL as i want to.keep my index equal weighted.
- currently to.compensate low weightage in FMCG, i have added 2 stocks from FMEG, polycab and Havells.
My main intention is to have Index-like portfolio with very low churn and still avoid the duds in index. I dont want to do deep research and find out some unicorn. I am satisfied with avearge large cap index returns with the excitement of listening to concalls and being aware of businesses and companies and economy in general. It gives me some avenue to read and increase my knowledge and be aware of indian business enviornment, which otherwise i will lose if i invest in Index funds and forget it.
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