SPONSORED BY

Auto Segment
Mutual Fund Segment
My Budget
Expert Speak
In Association With
 
Business Standard

Active managers stay ahead of markets

Related News

The markets have been range-bound for the last two weeks, and stock picking becomes all the more challenging during such times. However, we have seen in that fund managers and were able to pick up some of the winning stocks during the same period. Active churning has helped both fund managers beat the benchmark S&P CNX 500 index by a wide margin.

The Smart Portfolios benchmark portfolio value has declined 1.5 per cent from the Rs 10-lakh mark to Rs 985,000, since its inception on September 1, 2010. On the other hand, Bajpai and Khattar have logged smart gains of 31.2 per cent and 23.6 per cent, respectively. Parmar has remained on the sidelines now for a little over two months, but his performance remains more or less in line with that of the benchmark.

VINAY KHATTAR, RESEARCH HEAD - EDELWEISS WEALTH MGMT
Vinay Khattar has bought shares aggressively amounting to Rs 559,000. His fresh buys include stocks such as Delta Corp, Sabero Organics, LIC Housing Finance, V-Guard Industries and YES Bank. Recently, he booked losses on some of his investments such as Zee Entertainment, IRB Infrastructure and Jyothy Laboratories. Currently, Sabero Organics, Larsen & Toubro, and Mundra Port are the top performers in Khattar’s portfolio. Following his aggressive buying, his cash levels have now dropped to Rs 35,500-odd levels, and his net worth stands tall at Rs 12.36 lakh.

SHISHIR BAJPAI, SENIOR VICE-PRESIDENT, IIFL PRIVATE WEALTH
Shishir Bajpai continued the strategy of quick churning his portfolio. His portfolio is valued at Rs 13.11 lakh, comprising 13 stocks and minimal cash of Rs 540. Of late, Bajpai has booked smart gains in Arvind, Sabero Organics, while significant losses were seen on investments in Jindal South West Holdings, Usha Martin, Himachal Futuristic and Tata Motors — all in excess of 10 per cent each. His fresh heavy investments (close to Rs 100,000 each) include stocks such as Punj Lloyd, Thermax, Educomp Solutions, Tata Motors, Karnataka Bank, Megasoft, Titan, Indiabulls Realestate and Reliance Communications.

AJAY PARMAR, HEAD RESEARCH INSTITUTIONAL EQUITIES, EMKAY
Ajay Parmar continues to remain on the sidelines, with his net worth valued at Rs 987,000, down 1.3 per cent. eClerx Services and Jubilant Foodworks are two of his best buys, with returns in excess of 50 per cent each. On the other hand, sugar majors Bajaj Hindusthan, Balrampur Chini and Renuka Sugars remain the major laggards. Apart from 19 stocks in his portfolio, Parmar holds Rs 112,000 in cash.

For Smart Portfolios, please visit www.smartinvestor.in  

Read more on:   
|
|
|
|
|
|

Read More

Planning for retirement through pension plans?

A combination of EPF, PPF, NPS along with equities will be a good option

Recommended for you

Quick Links

Market News

Potato, onion prices firm up on prospect of delay in harvesting

Unseasonal rainfall result in waterlogging in low lying areas

World food prices at 55-month low

Higher local output estimated to depress cross-border sales

FTSE adds 9 Indian firms as large-caps in Asia-Pacific ex-Japan index

Move may ead to net inflows of nearly $150 million in Indian shares

Cotton prices rise on CCI procurement, lower yield estimates

Improvement in international prices has also made exports viable

Oil won't swing back to $100 soon: Analysts

Last summer, after an unusually long period of relative stability, oil prices embarked on a downward journey, decreasing by half in just six ...

 

Back to Top