Accumulated jyoti resins in last 3 months.
It is now among highest % allocation of my portfolio.
I will shortly share about my views
Pragnesh’s portfolio (08-10-2024)
Market Trading Guide: IHCL, IPCA Labs and this smallcap counter are stock recommendations for Wednesday (08-10-2024)
Indian indices rebounded on Tuesday after six days of losses, driven by HDFC Bank and Reliance Industries. The Sensex gained 584 points and Nifty gained 217 points. Nifty formed a bullish harami pattern, indicating rising optimism.
Gujarat HC orders ‘arrest’ of South Wind I ship as exporter seeks damage for held up rice cargo (08-10-2024)
It was among other consignments in the vessel detained by DRI for ‘irregularities’ in export of organic rice
Online trucking platform Zinka Logistics Solutions gets SEBI nod for IPO (08-10-2024)
The company may consider a pre-IPO placement not exceeding 20 per cent of the size of the fresh issue
My Evolution Portfolio: The ‘When,’ ‘Why,’ & ‘What’ (08-10-2024)
My Portfolio Structure as of October 6, 2024
I wanted to share my current portfolio distribution and thoughts on my investment strategy. Here’s how my assets are allocated:
| Assets | Net Worth (%) | Expected Distribution (%) |
|---|---|---|
| Indian Mutual Funds | 13 | 20 |
| Indian Equity | 8 | 10 |
| US Equity | 1 | 5 |
| NPS Tier I | 14 | 20 |
| NPS Tier II | 1 | 0 |
| EPF | 18 | 20 |
| PPF | 29 | 20 |
| RD | 9 | 0 |
| SSY | 7 | 5 |
| TOTAL | 100 | 100 |
Indian Mutual Fund Breakdown
I view my mutual fund investments as key long-term wealth creators. Here’s a closer look at my current distribution:
| Fund | Net Worth (%) | Expected Distribution (%) |
|---|---|---|
| PPFAS | 52 | 30 |
| PPCHF | 20 | 0 |
| Navi US Total Stock | 14 | 15 |
| Old Bridge Focused Equity | 6 | 30 |
| MO Gold & Silver FoF | 3 | 5 |
| Tata Midcap 150 Mom 50 | 3 | 20 |
| Tata Liquid Fund | 2 | 0 |
| TOTAL | 100 | 100 |
Focus on Indian Equity
My Indian Equity is mostly focusing on small & micro cap as I believe Small cap funds do not have the freedom that the retail investors have w.r.t to Market cap and liquidity.
| Sr No. | Indian Equity | Net Worth (%) | Reason |
|---|---|---|---|
| 1 | Praj | 8 | Green energy theme |
| 2 | Shivalik | 7 | Proxy to meters |
| 3 | ACE | 7 | Construction |
| 4 | Samvardhana Motherson | 7 | Automotive |
| 5 | Skipper | 6 | Power theme |
| 6 | Nuvama | 6 | Investment |
| 7 | Interglobe Aviation | 5 | Aviation |
| 8 | Raymond Lifestyle | 5 | Special situation |
| 9 | KPIT | 5 | IT |
| 10 | Sanghvi Movers | 4 | Construction |
| 11 | Genus Power | 4 | Power theme |
| 12 | Ganesha Eco | 4 | Green energy theme |
| 13 | Zen Tech | 4 | Defence |
| 14 | Pondy Oxides | 4 | Circular economy |
| 15 | Premier Energies | 4 | Green energy theme |
| 16 | Welspun Enterprises | 3 | Circular economy |
| 17 | Triveni Turbine | 3 | Green energy theme |
| 18 | Sterling | 3 | Green energy theme |
| 19 | HPL Electric | 3 | Power theme |
| 20 | Ion Exchange | 3 | Circular economy |
| 21 | Senco Gold | 2 | Proxy to gold |
| 22 | Shriram Finance | 2 | Special situation |
| 23 | Indo Tech | 1 | Power theme |
| 24 | Blue Star | 1 | Proxy to Data Center |
| 25 | Agro Tech Foods | 1 | Special situation |
| TOTAL | 100 |
I welcome any questions or suggestions you might have! Stay tuned for more details in my next post.
India’s Adani Green units plan to raise up to $1 billion in dollar bonds, bankers say (08-10-2024)
Four subsidiaries of India’s Adani Green Energy plan to raise up to $1 billion by issuing U.S. dollar-denominated bonds, two merchant bankers involved in the deal said on Tuesday.