I agree liquidity is less and a quick exit is difficult but that is not what I am looking for. Personally for me both of the above factors do not concern with BQ or MQ and are ignorables. Having said that I do look for liquidity at a portfolio level mainly to take advantage of opportunities that Mr. Market provides. Most of this liquidity come from cash or opportunistic bets (a small part of my portfolio) that I carry. For long term bets with high conviction and a long runway I do not worry about liquidity. Good mgmts. sort liquidity out in due course of time. I hope more people have NSE listing as a criteria for investment, I will gladly accept my improved chances on BSE .
Disclosure: Invested at an average price of 600 it forms more than 10% of my portfolio allocation. No transactions in last 6 months
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