Model Portfolio. 1 st July 2013

Transcription

1 Model Portfolio 1 st July 2013

2 Key Changes in Portfolio & Performance Growth Portfolio We have introduced LIC Housing Finance and Britannia with 6% and 8% weightage respectively and exited Tech Mahindra (weightage: 7%) and Dabur (weightage: 8%) Weightage in HDFC and ICICI Bank has been reduced by 1% each and weightage in ITC has been increased by 3%. Value Portfolio We have replaced Bajaj Auto (weightage: 7%) with Hero Motocorp (weightage: 7%) Investors are recommended to adjust their portfolio accordingly. Performance: During the period 8th Jun13 to 30th Jun13, our growth and value portfolios have given a return of -0.5% and 0.2% respectively, as against return of -1.8% for BSE100 index, thereby generating an alpha of 1.3% and 2.0% respectively. Portfolio %ReturnGenerated Since Inception* Alpha Growth Value BSE * All returns are adjusted to any dividend given by the company in the portfolio 2

3 Model Portfolio Growth Value Sr. No. Company Sector Weightage CMP* (Rs) Sr. No. Company Sector Weightage CMP* (Rs) 1 HDFC Bank Financialsi 8% ICICI Bank Financials 7% Yes Bank Financials 8% LIC HF Financials 6% TCS IT 5% Tata Motors Auto 6% Maruti Suzuki Auto 7% ITC FMCG 13% Britannia FMCG 8% Sun Pharma Pharma 5% Reliance Inds. Oil & Gas 6% Cairn India Oil & Gas 5% Larsen & Toubro Capital Goods 5% Bharti Airtel Telecom 5% Adani Ports Others 6% TOTAL 100% New Addition 1 HDFC Bank Financialsi 10% ICICI Bank Financials 8% St Bk of India Financials 7% Infosys IT 8% TCS IT 6% Hero Motocorp Auto 7% Maruti Suzuki Auto 8% ITC FMCG 10% Godrej Consumer FMCG 5% Cipla Pharma 5% Reliance Inds. Oil & Gas 5% Cairn India Oil & Gas 6% Larsen & Toubro Capital Goods 5% Bharti Airtel Telecom 5% NTPC Power 5% TOTAL 100% New Addition *CMP as of 28 th June 2013 *CMP as of 28 th June

4 Stock Exited / Booked Profit Growth Portfolio Name of company Entry Date Entry Price Entry Weightage Exit Date Exit Price Return generated % Zee Entertainment 08/04/ % 07/05/ Titan Industries 08/05/ % 07/06/ Bajaj Auto 08/05/ % 07/06/ Dabur 08/06/ % 28/06/ Tech Mahindra 08/06/ % 28/06/ Value Portfolio Name of company Entry Date Entry Price Entry Weightage Exit Date Exit Price Return generated % Lupin 08/04/ % 07/05/ Bajaj Auto 08/06/ % 28/06/

5 Performance Snapshot Growth Portfolio Month % Return (Monthly) Alpha NAV-Portfolio NAV-BSE100 Started Portfolio on 8th Apr Apr May Jun Value Portfolio Month % Return (Monthly) Alpha NAV-Portfolio NAV-BSE100 Started Portfolio on 8th Apr Apr May Jun

6 Research Team Vivek Mahajan Hemant Thukral Head of Research Head Derivatives Desk Fundamental Team Akhil Jain Metals & Mining/Mid Caps Sunny Agrawal FMCG/Cement/Mid Caps Sumit Jatia Banking & Finance ti Shreyans Mehta Construction/Real Estate Dinesh Kumar Information Technology/Auto Pradeep Parkar Database Analyst Quantitative Team Jyoti Nangrani Sr. Technical Analyst Sudeep Shah Technical Analyst Advisory Support Indranil Dutta Advisory Desk HNI Suresh Gardas Advisory Desk Sandeep Pandey Advisory Desk ABML research is also accessible in Bloomberg at ABMR 6

7 Disclaimer: This document is not for public distribution and is meant solely for the personal information of the authorised recipient. No part of the information must be altered, transmitted, copied, distributed or reproduced in any form to any other person.persons into whose possession this document may come are required to observe these restrictions. This document is for general information purposes only and does not constitute an investment advice or an offer to sell or solicitation of an offer to buy / sell any security and is not intended for distribution in countries where distribution of such material is subject to any licensing, registration or other legal requirements. The information, opinion, views contained in this document are as per prevailing conditions and are of the date of appearing on this material only and are subject to change. No reliance may be placed for any purpose whatsoever on the information contained in this document or on its completeness. Neither Aditya Birla Money Limited (ABML) nor any person connected with it accepts any liability or loss arising from the use of this document. The views and opinions expressed herein by the author in the document are his own and do not reflect the views of Aditya Birla Money Limited or any of its associate or group companies. The information set out herein may be subject to updating, completion, revision, verification and amendment and such information may change materially. Past performance is no guarantee and does not indicate or guide to future performance. Nothing in this document is intended to constitute legal, tax or investment advice, or an opinion regarding the appropriateness of any investment, or a solicitation of any type. The contents in this document are intended for general information purposes only. This document or information mentioned therefore should not form the basis of and should not be relied upon in connection with making any investment. t The investment t may not be suited to all the categories of investors. The recipients should therefore obtain your own professional, legal, tax and financial advice and assessment of their risk profile and financial condition before considering any decision. Aditya Birla Money Limited, its associate and group companies, its directors, associates, employees from time to time may have various interests/ positions in any of the securities of the Company(ies) mentioned therein or be engaged in any other transactions involving such securities or otherwise in other securities of the companies / organisation mentioned in the document or may have other potential conflict of interest with respect of any recommendation and / related information and opinions. 7