Portfolio update (June 2024):
Update: Used 4th June market crash to deploy ~4% of cash in the existing portfolio (which gave >10% gain so far - luck has many names); namely TIPS LTD, IRCTC, COAL INDIA, VARUN BEV, NARAYANA and WONDERLA.
Also, 100% exited PHANTOM VFX (with minor tuition fees) position since the expected triggers did not pan out. New challenges from Gen AI continue to create difficulties in perception (although reality might be different). Also, the company’s corp governance wrt of disclosure looked lackadaisical (ref: June 1, 2024). Also “receivables” crept up to Rs 51 cr in FY24 from Rs 16 cr in FY23. The risk/reward of holding a micro-cap stock without growth triggers, corp gov challenges and unfavourable financials (receivables) doesn’t look favourable at this point. Hopefully, the learnings of this industry will help in the future.
Again, I feel there are very few opportunities for me right now. Hence, shoring up cash once again and spending more time expanding my circle of competence.
Although studying the paper Industry (have learnings from SATIA), co-working space, wealth management and few opportunities in spaces wrt premiumization trend.
Here’s my latest portfolio:
Stock name | Weight | Avg P/E | Current P/L % | Total P/L % | IRR % | Action |
---|---|---|---|---|---|---|
MOST 100 ETF | 8.8% | 17.9 | 66% | 68% | 32.9 | |
BANK BEES ETF | 7.1% | 12.0 | 42% | 42% | 21.6 | |
TATA INVEST CORP | 6.9% | 24.6 | 246% | 250% | 142.5 | |
TIPS LIMITED | 6.8% | 20.4 | 102% | 122% | 56.8 | Added more |
BAJAJ FINANCE | 6.7% | 22.2 | 36% | 42% | 13.0 | |
IRCTC | 6.7% | 29.0 | 145% | 189% | 53.5 | Added more |
DIXON | 6.4% | 42.1 | 355% | 601% | 101.6 | |
COAL INDIA | 6.4% | 4.7 | 68% | 74% | 91.4 | Added more |
TITAN | 6.3% | 46.7 | 85% | 101% | 23.6 | |
VARUN BEVERAGES | 5.2% | 53.9 | 82% | 83% | 64.8 | Added more |
PIDILITE | 4.4% | 56.6 | 64% | 78% | 19.2 | |
AMARA RAJA * | 4.0% | 10.1 | 145% | 146% | 190.4 | |
INDIAMART | 3.9% | 44.8 | 9% | 51% | 32.2 | |
NARAYANA HEALTH | 3.9% | 24.1 | 29% | 29% | 32.3 | Added more |
ASIAN PAINTS | 3.8% | 46.1 | 9% | 25% | 8.0 | |
CASH | 3.8% | - | - | - | ||
IEX | 3.2% | 14.7 | 213% | 166% | 22.5 | |
TATA ELXSI | 3.0% | 34.2 | 61% | 156% | 50.1 | |
WONDERLA * | 2.7% | 31.5 | 4% | 4% | 15.3 | Added more |
*(asterisk) signifies <1 yr holding period.
Here’s the return profile till June 2024:
TRI till June 2024 | 1M | 3M | 6M | 1Y | 3Y | 5Y | Since inception |
---|---|---|---|---|---|---|---|
MY PORTFOLIO | 4.9% | 7.7% | 14.0% | 39.8% | 14.5% | 23.8% | 22.3% |
NIFTY 50 | 4.5% | 8.2% | 10.6% | 27.0% | 14.7% | 15.4% | 15.0% |
NIFTY 500 | 4.7% | 11.9% | 16.5% | 38.9% | 18.4% | 18.7% | 16.3% |
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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