@ChaitanyaC Thanks for taking a look at my post. The overall investment goal of Equity MF is to build wealth to take care of long-term goals like (Children’s graduation , children’s marriage, and Post-retirement activities )
for short-term goals like( schooling, travel etc I am maintaining debt funds and emergency fund)
Posts tagged Value Pickr
Mutual Fund Portfolio Review- Suggestions (15-06-2024)
Microcap momentum portfolio (15-06-2024)
Update for entry on 18th June 2024
50 EMA (20713) > 200 EMA (18572); hence we can continue without any change.
- KIRLOSENG
- KPIGREEN
- IFCI
- RTNPOWER
- KIRLOSBROS
- PURVA
- TECHNOE
- HERITGFOOD
- AZAD
- CHOICEIN
- JYOTICNC
- NETWEB
- GANESHHOUC
- STAR
- HGINFRA
- TVSHLTD
- KESORAMIND
- BASF
- ARVIND
- ITDCEM
- MOIL
- ANANTRAJ
- EMUDHRA
- VOLTAMP
- ASTRAMICRO
Based on A → Z for easy tracking:
- ANANTRAJ
- ARVIND
- ASTRAMICRO*
- AZAD*
- BASF*
- CHOICEIN
- EMUDHRA*
- GANESHHOUC*
- HERITGFOOD*
- HGINFRA*
- IFCI
- ITDCEM*
- JYOTICNC
- KESORAMIND
- KIRLOSBROS
- KIRLOSENG
- KPIGREEN
- MOIL
- NETWEB
- PURVA
- RTNPOWER
- STAR
- TECHNOE
- TVSHLTD*
- VOLTAMP
Exits:
IIFLSEC, JKIL, MSTCLTD, SCI, TIMETECHNO and WOCKPHARMA make an exit.
ELECTCAST, TARC and THOMASCOOK stay within the top 30 and hence remain.
Entries:
BASF, GANESHHOUC, HERITGFOOD, HGINFRA, ITDCEM and TVSHLTD make an entry.
ASTRAMICRO, EMUDHRA and cannot enter as there is no vacancy.
AZAD is less than 6m on the bourses and hence not considered.
Last week I had written about how I had not included AZAD as it was less than 6m on the stock exchange. I had made another mistake of including JYOTICNC. As I had not rebalanced for 2 weeks, JYOTICNC was already 2 weeks in this pf. Therefore, I have retained JYOTICNC, but still not including AZAD. When JYOTICNC goes out, 6m rule will be applied.
Mutual Fund Portfolio Review- Suggestions (15-06-2024)
What are these? This is the first step, which can be used as a base, on which a MF PF can be built. One can invest without any too, but if they are defined, then it will help.
Even without anyone’s help, your overall investments look robust, covering debt, equity and gold.
Godawari Power – Any Trackers? (15-06-2024)
GPIL has announced a buyback price of Rs.1400 with record date as June 28, 2024 and amount not exceeding Rs.301 crores.
Godwari Power Buyback.pdf (1.8 MB)
Ganesh Housing- A Potential Play for Housing for All theme? (15-06-2024)
Company’s accounts reflect original cost of land
Mutual Fund Portfolio Review- Suggestions (15-06-2024)
Dear ValuePickr members.
I have been recently introduced to this community, I used to think that Reddit was a blackhole of investment wisdom and was very happy with reading threads on investments/equities. This community has blown away my mind and the pride that I hold concerning the knowledge I hold on investment instruments.
My Investment Journey (so far):
I started investing during the COVID lockdown and started learning about the Indian equity market. I initially invested in these mutual funds without a clear goal and bought units randomly:
- UTI Nifty 50 Index Fund (inspired by John Bogle’s passive investing philosophy)
- UTI Nifty Next 50 Index Fund (inspired by John Bogle’s passive investing philosophy)
- Zerodha Nifty LargeMidcap 250 Index Fund (Saw this NFO from Zerodha and applied it as I was, I already interested in index funds and also like what Nithin/Nikhil from Zerodha are doing)
- Quant Active Fund (impressed by their VLRT approach)
- Ethical Fund (initially interested in ethical investing, but no longer contributing)
Rethinking My Portfolio:
After some reflection and further research, I realized my portfolio lacked direction. However, with a recent increase in income and savings, I’m ready to make some changes!
New SIP Plan (Equity Only):
Monthly SIP of ₹1,00,000 allocated as follows:
I removed the Zerodha Midcap and Largecap fund as it heavily overlaps with UTI Nifty twin index funds.
- UTI Nifty 50 Index Fund (20%)
- UTI Nifty Next 50 Index Fund (20%)
- Quant Small Cap Fund (20%) (added for exposure to small caps)
- Quant Active Fund (20%)
- Parag Parikh Flexi Cap Fund (20%) (added for long-term growth/value)
Additional Notes:
- I already have PPF, Sukanya Samriddhi Yojana, SGB, physical gold, and a savings fund for my debt allocation.
Looking for Your Expertise:
I’d greatly appreciate any feedback or suggestions on my revised portfolio. Does it make sense for my long-term investment goals? Should I consider adding or removing any funds?
Thanks in advance for your help!
Thanks
Sanjay khan.
How to apply for OFS IPO? (15-06-2024)
I am interested in applying for IPO for both fresh issue of shares as well as offer for sale (OFS). I want to apply for upcoming Hyundai OFS IPO. I see no option to apply for OFS IPO in multiple demat accounts that I have with brokers like Groww, Paytm Money and Angel One. How do I apply for OFS IPO?
Also, do OFS IPO’s generate short term gains like listing gains just like it happens in fresh issue of shares IPO?
Mahanagar Gas Ltd – a natural monopoly (15-06-2024)
For the cng stations currently dispensing CNG from MGL…is it possible that they stop their tie up with MGL and then tie up with the competitor? Is it out of the question or possible?
Just thinking that this might be the approach which few aggressive players (eg. adani) might adopt if they enter Maharashtra region.
Mutual fund guideness required (15-06-2024)
Let me address your two points about the articles.
If you read the first article there is specific reference to psu banks and lots of fundamentals put forth by Mr Tandon stating why he thinks they can double. By the way you will never hear Prashant Jain using the word “double”.
In the same period they have added Hdfc and kotak bank to their portfolio. They were negative on hdfc bank early this year though.
So their view on banking sector has only become more constructive. There hasn’t been any adverse development on public sector banks both from macro and micro perspective in the same period. And it’s not that within six months public sector banks have generated any significant returns leading to profit booking at higher levels. So this u-turn on public sector banks can only be explained if one links this to election jitters and outcomes.
Similarly they extolled their macro theory about mining and metal sectors early this year, again highlighting their large holdings in stocks such as Hindustan Copper. Lots of fundamental arguments about their promising long term prospects. As per June data they have completely exited or reduced holdings in these stocks within a few months.
And post election total psu concentration in their portfolio has reduced dramatically which doesn’t jive well with their thesis of them being decadal stories.
I can give numerous examples of inconsistency and contradictions in their talk and walk. They have been reluctant to admit to the word “momentum” as core to their investment strategy, attributing their calls to fundamental analyses of macros, micros, using words like “decadal stories”.
Why not be honest and be transparent with your investors?
Also since their portfolio churn rate is through the roof, highest across any fund category, they still haven’t addressed that in any constructive way in any discussions. High churn rates are not only counterproductive to returns of a portfolio they also show lack of conviction of fund managers in their ability to stay true to a thesis for any appreciable time period.
And since mutual funds holding are public, many investors invest in a fund based on the portfolio construction. So if the portfolio construction changes more than 50% in a year it may also lead to early redemptions.
Debate around whether this approach is sound or not, scalable or not, proven or not, will only be settled in due course of time. But I wanted to provide a bit of more fact based color to this thread hoping that we see more detailed analysis of fund style and performances and not just focus on just their returns.
Sheela Foam – An exciting branded play (15-06-2024)
Sharing news of promoter. From conference calls, I feel, that they’re focused on long term prospects of the company and realistic in guidance.