Smart Portfolios last week witnessed increased activity as fund managers rushed to book profits or exit from select counters as the markets continued their pullback. The Smart Portfolios benchmark, the BSE 200, rallied nearly 3 per cent.

The benchmark’s net worth now stands at Rs 5.91 lakh, up almost 3 per cent from its previous level of Rs 5.74 lakh. However, the benchmark’s portfolio value is still down nearly 41 per cent, since the inception of Smart Portfolios on September 1, 2008.

For more details on Smart Portfolios please visit www.business-standard.com/smartportfolios

SMART GAINS
KASHYAP PUJARA
Fund Manager, ENAM Direct

Kashyap Pujara executed ten trades last week, of which just two were on the buy side. He bought shares worth Rs 0.68 lakh and sold stocks worth Rs 2.23 lakh. The balance was net sales of Rs 1.55 lakh. He raised his holding in Bank of Baroda, and also added Idea Cellular to his portfolio.

On the other hand, Pujara booked smart gains of over 17 per cent in Punjab National Bank, 14 per cent in Reliance Industries and 11 per cent each in Gail and Sesa Goa. He also booked a loss of around 40 per cent in Sterlite.
 

In doing so, Pujara has decreased his investment exposure to 35 per cent from 52.4 per cent, and raised his cash levels to Rs 5.63 lakh from Rs 4.08 lakh a week ago. At the end of the week, Pujara’s net worth stood at Rs 8.67 lakh, up 1.3 per cent from previous week.

BALANCED TRADES
SADANAND SHETTY
Vice President, Kotak Securities

Sadanand Shetty balanced his trades last week executing eight trades, four each on the buy and sell sides. Shetty bought shares worth Rs 0.36 lakh, and sold scrips worth Rs 0.48 lakh.

He raised his holdings in Power Finance and Godrej Consumer. Meanwhile, he also booked gains of 9.5 per cent in Power Finance, 7.8 per cent in Maruti, 5.7 per cent in Tata Steel and 2.3 per cent in Godrej Consumer.
 

At the end of the week, Shetty’s net worth has risen 0.6 per cent to Rs 8.87 lakh from Rs 8.82 lakh the week before.His cash levels have increased marginally from Rs 5.58 lakh to Rs 5.70 lakh.

EXIT MODE
ANAND AGARWAL
Fund Manager, Reliance Money

Anand Agarwal was an aggressive seller last week, as he executed 12 trades–all ont he sell side. In the process, he sold stocks worth Rs 3.05 lakh. Agarwal booked profits in each of his trades, with a maximum of nearly 46 per cent in Jet Airways followed by nearly 29 per cent in ICICI Bank.

He also gained 25.5 per cent in Axis Bank, and over 19 per cent in Indian Bank. In fact, his exit from banking stocks resulted in a net profit of almost 13 per cent on a cumulative basis. At the end of the week, Agarwal continues to hold just two stocks, down from nine, in his portfolio.
 

Both stocks - Reliance Communications and Indian Bank - are up 14.5 per cent and 17.5 per cent, respectively. His net worth now stands at Rs 8.68 lakh, up 3 per cent from the week before. His equity exposure had dropped to a marginal 5.9 per cent, while his cash component has risen sharply from 59.5 per cent to over 94 per cent, at Rs 8.17 lakh.

BREAKING EVEN
AMAR AMBANI
Vice President (Research),
India Infoline

Amar Ambani by virtue of his two trades, exited from the two pharma stocks he held. He booked gains of 4.4 per cent and 5.7 per cent, in Sun Pharma and Lupin, respectively. Ambani now has just two stocks in his portfolio. While Reliance Communications is down 37 per cent, Hindustan Unilever is up 5 per cent.
 

He continues to maintain a high level of cash in his portfolio. His cash level now stands at Rs 9.60 lakh up from Rs 8.89 lakh the week before. Ambani’s net worth is now almost at break-even point at Rs 9.99 lakh.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end flat - Turbulence ahead for airlines despite oil price drop - Weak rupee may bring cheer to NRIs, expats - LIC buys PSU stocks, sells pvt sector blue-chips in Q4 - Banks may lower deposit rates as inflation eases: Report

Tags : SMARTPortfolios   Read Business news in  Advertisements -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Journey on, We are by Your Side. Click here to know more -  2 Lac Apartments, 1 Lac House / Plots. Click here -  Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol. -  Watch The Film Here. Click here to know more.. -  Leader in Passenger Car & Automobile Tyres. Click here -  1 billion in saving for Unilever without any tangles. -  A Brand New Server at a Price That Fits Your Budget. Click here -  Learn How One City is Running on FOOD SCRAPS. -  One Partnership Endless Possibilities. Click here to know more -  Helping doctors detect diseases earlier, saving costs & extending lives. -  36 Lakhs can get you a pool of Luxuries. Click here -  Which is the best plan for your daughter -  Check out the TRUE COLOURS of your Stocks, Now for FREE! -  One of the leading business schools in the world.Know More