Latest Updated Portfolio From ICICI-Direct

ICICI-Direct has stated that its indicative large cap equity model portfolio (“Quality-20”) has continued to deliver an impressive return (inclusive of dividends) of 84% since its inception (June 21, 2011) vis-à-vis the index return of ~57% during the same period, an outperformance of ~27%. This validates the thesis of selecting companies with sound business fundamentals that form the core theme of our portfolio. Its midcap portfolio (“Consistent-15”) outperformed the benchmark by ~1.6x since June 2011. The consistent outperformance demonstrates our superior stock picking ability as markets in H1CY15 aligned to its view of favourable risk-reward, good franchisee vs. reward-at-any-risk businesses.

IDirect_ModelPortfolioUpdate_May15