Hello @ranivir,
Great to see the detailed work and coverage of so many stocks from different sectors. While the jury is still out on the right number of stocks to hold in a portfolio and we have examples of famous fund managers holding thousands of stocks, but they were also managing corpus running into billions of dollars. For investors starting on their wealth creation journey what has really worked is the concentrated betting on you top conviction ideas. For most folks it is one or two big winners that paves the way for their wealth accumulation journey.
Once we start building a bigger corpus for the point of risk mitigation, people want to spread out the bets and look for a slightly bigger portfolio, but 81 stocks looks to me like over diversification.
I would request you if you can pursue a thought experiment going back to you investment thesis in each stock, and looking at the list of stocks from each industry to pick your highest conviction bet (one or two stocks from each sector) with the maximum valuation comfort at present have that stock (or two) carry the allocation for that whole sector.
Track this new concentrated “virtual” PF return vis-a-vis your present PF, and this would be an interesting finding in about a year or more timeframe.
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