Sharekhan’s Model Portfolio Of Top Stock Picks

Sharekhan’s Top Picks basket has comfortably outperformed the benchmark indices with superlative returns of 10.6% last month.

Two stocks added during the last revision, PTC India Financial Services and TVS Motor Company, have appreciated by well over 25% each in the past one month. The only under-performer has been Zee Entertainment Enterprises (down 1.5% in the same period) where the sentiment was dented by the further extension of the deadline for phases III and IV of the digitisation of cable television services. However, Sharekhan says that is only a temporary setback and Zee Entertainment Enterprises is its preferred pick in the media sector. It is slated to get inducted in the Nifty in the forthcoming round of changes in the index composition.

Sharekhan has made three changes to the Model Portfolio. Profit has been booked in TVS Motor Company (a gain of 27% in a month) and PTC India Financial Services (a return of 31.4% in a month). These have been replaced by Maruti Suzuki and Axis Bank as part of the churn within the auto and financial sectors respectively.

Download Sharekhan’s Model Portfolio For Sep 2014