Portfolio update:
Date 1st May 2024
Short update: Did nothing (mostly). Continuing to buy, hold & track while focusing on portfolio longevity and respecting mean reversion and probability.
Action(s) in April 2024: Added BAJAJ FINANCE.
Rationale: Looks like market participants expect the company to grow at 30% YoY (historical average) while the company has started growing at 20% YoY – hence there’s been time correction from mid-2021 onwards. However, re-entering at 5.5 P/BV is below 10y historical average. Hence respecting mean reversion, bought 10% of the existing allocation.
Here’s my latest portfolio :
| Stock name | Weight | Avg P/E | Total P/L | IRR | Action |
|---|---|---|---|---|---|
| MOST 100 ETF | 8.6% | 20.1 | 49% | 28% | |
| TIPS LIMITED | 7.9% | 20.6 | 163% | 69% | |
| TATA INVEST CORP | 7.7% | 27.5 | 257% | 159% | |
| BANK BEES ETF | 7.2% | 12.9 | 33% | 19% | |
| TITAN | 7.2% | 47.2 | 111% | 26% | |
| BAJAJ FINANCE | 7.1% | 22.2 | 37% | 13% | Added more |
| IRCTC | 6.4% | 26.9 | 247% | 57% | |
| COAL INDIA | 6.3% | 5.7 | 74% | 105% | |
| DIXON | 4.9% | 43.9 | 463% | 97% | |
| PIDILITE | 4.6% | 57.2 | 72% | 19% | |
| INDIAMART | 4.2% | 51.7 | 49% | 33% | |
| ASIAN PAINTS | 4.1% | 47.1 | 23% | 8% | |
| NARAYANA HEALTH | 4.1% | 24.0 | 41% | 50% | |
| VARUN BEVERAGES | 3.9% | 46.5 | 103% | 62% | |
| TATA ELXSI | 3.3% | 34.2 | 155% | 52% | |
| CASH | 3.2% | – | |||
| IEX | 3.0% | 15.1 | 122% | 18% | |
| AMARA RAJA * | 2.9% | 11.6 | 63% | 106% | |
| PHANTOM VFX * | 1.8% | 27.2 | 10% | 37% | |
| WONDERLA * | 1.8% | 30.0 | 18% | 31% |
*(asterisk) signifies <1 yr holding period.
Note: have started adding my overall cash position.
Here’s the return profile till 30th April 2024:
| Return till 30/04/2024 | 1M | 3M | 6M | 1Y | 3Y | 5Y | Since inception |
|---|---|---|---|---|---|---|---|
| MY PORTFOLIO | 2.8% | 8.0% | 24.2% | 48.7% | 17.7% | 22.7% | 21.8% |
| NIFTY 50 | 0.6% | 3.7% | 18.5% | 24.7% | 16.0% | 14.0% | 14.4% |
| NIFTY 500 | 2.9% | 6.2% | 25.0% | 37.5% | 19.7% | 16.7% | 15.6% |
Note: 1/3/6M is in absolutes while the 1/3/5Y/SI is annualized. The inception date is 10th Nov 2016.
Disclaimer : I am neither a financial nor a SEBI registered advisor. The content shared here is only for learning purposes. So please use your discretion to make any buy/sell decision and not use the above as a recommendation.
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