Voldemort’s Portfolio

Portfolio Update: Jul 24

Changes in potfolio:

• Exits:
  Shivalik Rasayan – Sold off and added LLabs.

Overall, I have never considered mutual funds seriously – Mainly because i liked being hands on. But when checked over a 3 Y period of my investment journey. My Elss funds have generated much better returns compared to my overall portfolio.

This is no mean feat as at a personal level, I invest lots of my time understanding and finding these bets. Now, with increasing demand for time as we get promoted through the family and corporate lives – I thought that i should start taking funds seriously and increase their contribution to the overall PF.

WIP:
DCM Shriram industries – to be increased to 5% of the PF (Regular buys) Predominantly for their upcoming defense (drones & Transport vehicles) – Probably should wait until their demerger to unlock some value but it has given some time for me to continue buying.

PPFAS Flexi and Invesco Midcap – The contribution of this funds to the overall PF will be increased up to 50%. Specifically, these two because i found them to be good performing & to my style.

Not much churning on the rest portfolio – Sitting with 35% gains on the overall PF. Waiting for some bets to start performing (Dnit & LLabs mainly)

Relived that the mutual fund entry into the PF has reduced pressure to find new bets whenever i expected some cash inflow. Happy for the freed-up time

Regards,
Voldemort