At last the markets uptrend from the past 7 months ended in September. We always get excited when market falls down. Why? Because when markets fall, investors panic and sell quality companies shares at cheap price. So, we see a lot of mismatch between price and value of companies in the downturn.

Let us look at the performance of the NIFTY 500 and 3 portfolios that we are tracking from the past 8 months.

NIFTY 500

-1.61%
Portfolio 1

-0.63%

Portfolio 2

-1.12%

Portfolio 3

-2.06%

 

Looking at the above table, except Portfolio 3, the other two portfolios were resilient to fell down as much as market had fallen down. Let us look at all the three portfolios in detail.

Portfolio 1

Name Quantity Purchase Price Current Price Total money invested Current position Standing
Axis Bank 511 INR 391.10 INR 541.35 INR 199,852.10 INR 276,629.85 38.42%
JK Bank 2985 INR 67.00 INR 77.65 INR 199,995.00 INR 231,785.25 15.90%
Castrol 533 INR 375.00 INR 474.95 INR 199,875.00 INR 253,148.35 26.65%
TCS 90 INR 2,226.60 INR 2,430.80 INR 200,394.00 INR 218,772.00 9.17%
coal India 660 INR 302.85 INR 322.30 INR 199,881.00 INR 212,718.00 6.42%
cash INR 33,941.25
Total INR 999,997.10 INR 1,226,994.70 22.70%
NSE 500 INR 5,833.40 INR 7,394.85 26.77%

 

Portfolio 2

Name Quantity Purchase Price Current Price Total money invested Current position Standing
Axis Bank 442 INR 420.68 INR 541.35 INR 185,940.56 INR 239,276.70 28.68%
JK Bank 3603 INR 66.80 INR 77.65 INR 240,680.40 INR 279,772.95 16.24%
Indiabulls housing 316 INR 686.44 INR 827.40 INR 216,915.04 INR 261,458.40 20.53%
TCS 91 INR 2,311.29 INR 2,430.80 INR 210,327.39 INR 221,202.80 5.17%
coal India 737 INR 305.32 INR 322.30 INR 225,020.84 INR 237,535.10 5.56%
cash INR 4,182.05
Total INR 999,997.10 INR 1,243,428.00 24.34%
NSE 500 INR 5,833.40 INR 7,394.85 26.77%

 

Portfolio 3

Name Quantity Purchase Price Current Price Total money invested Current Position Standing
Axis Bank 405 INR 417.06 INR 541.35 INR 168,909.30 INR 219,246.75 29.80%
Indiabulls housing Finance 295 INR 686.26 INR 827.40 INR 202,446.70 INR 244,083.00 20.57%
Coal India 725 INR 305.10 INR 322.30 INR 221,197.50 INR 233,667.50 5.64%
TCS 96 INR 2,317.33 INR 2,430.80 INR 222,463.68 INR 233,356.80 4.90%
Kitex Garment 570 INR 412.00 INR 438.55 INR 234,840.00 INR 249,973.50 6.44%
cash INR 8,194.40
Total INR 999,997.10 INR 1,188,521.95 18.85%
NSE 500 INR 5,833.40 INR 7,394.85 26.77%

 

Portfolio 2 is outperforming of the three portfolios. We always had hope that Portfolio 2 will outperform at least to Portfolio 1. But we are still confident that Portfolio 3 will rise from its lows. After almost staying invested only 80% in the stocks, they finally invested rest of their 20% back in the market by adding Kitex Garment in their portfolio.

Half yearly results season will kick in from the next week and so the festive season. It will be interesting to see how this month performs. Will the market touch back its 52 week high by this Diwali or will be trading at lower levels? If you love forecasting then share your forecast below in the comment section and find out how good you are at it.

Aziz Dodhiya is the chief investment officer for the Valueoperations funds which operates in the Indian market as an FPI (Foreign Portfolio Investor). We do not offer any personal advice to buy or sell any stocks and the views that are shared by Aziz might not incline to your personal investment strategy and this is the reason we advise you to take professional advice before going ahead with our views.