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Managers in buy mode
Rex Cano / Mumbai May 11, 2009, 00:01 IST

The markets began the week with a bang, but thereafter consolidated at higher levels before paring gains towards the close. The BSE 200 began the week with a gain of 5.7 per cent (76 points) at 1,415, thereafter touched a high of 1,440, and finally ended with a gain of 64 points at 1,403.

At the end of the week, the Smart Portfolios benchmark BSE 200 index portfolio value saw an appreciation of 4.7 per cent at Rs 7.87 lakh. The benchmark's net worth is, however, still down over 21 per cent from its inception on September 1, 2008.

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Sadanand Shetty is now seeing positive returns. He now joins Amar Ambani as the fund manager in the green. While Ambani's net worth is up 3.8 per cent at Rs 10.38 lakh, Shetty's net worth has risen by 0.6 per cent to Rs 10.06 lakh. On the other hand, Kashyap Pujara's portfolio value has declined 2 per cent to Rs 9.80 lakh, and Anand Agarwal portfolio value is down over 6 per cent at Rs 9.38 lakh.

Trading activity too was on the higher side, with 31 trades - of which 22 were on the buy side. Cumulatively, the four fund managers bought shares worth Rs 3.86 lakh.

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

AGGRESSIVE BUYER

ANAND AGARWAL
Fund Manager, Reliance Money

Anand Agarwal was the most active manager with 14 trades and also the biggest buyer with net purchases of Rs 1.73 lakh. Of the 14 trades he executed, 10 were on the buy side.
 

Top Holdings % of 
assets
Cost
Price (Rs)
Current
price (Rs)
Value
(Rs lakh)
Siemens 7.14 308.30 334.85 0.67
JSW Steel 6.55 399.71 410.05 0.62
Genus Power 4.81 125.82 129.05 0.45
Ranbaxy Labs 4.75 178.80 178.15 0.44
Larsen & Toubro 3.69 851.92 990.80 0.35
Total investments 29.74 - - 2.79
Cash 70.26 - - 6.59
Net worth

-

- - 9.39
Returns (%) -6.15 - -

-

He sold stocks such as SBI, Larsen & Toubro, BPCL and Indian Oil. He has added JSW Steel, Genus Power Infra, Ranbaxy and Siemens to his portfolio. Agarwal's net worth rose 2 per cent last week to Rs 9.39 lakh from Rs 9.21 lakh. He now holds Rs 6.58 lakh in cash.

TURNAROUND TIME

SADANAND SHETTY
Vice President, Kotak Securities

Sadanand Shetty's portfolio is no more in the red. His net worth appreciated by 2.5 per cent to Rs 10.06 lakh from Rs 9.81 lakh. Last week, he executed seven trades, of which four were on the buy side and has now included Bank of India in his portfolio. Shetty was a net buyer of stocks worth Rs 45,251.
 

Top Holdings % of 
assets
Cost
Price (Rs)
Current
price (Rs)
Value
(Rs lakh)
SBI 5.93 1224.35 1325.15 0.60
Reliance Ind 5.66 1169.58 1897.00 0.57
Shriram Transport 5.31 219.25 243.00 0.53
Godrej Consumer 4.26 121.76 143.00 0.43
Ess Dee Alum 3.35 203.30 210.85 0.34
Total investments 35.39 - - 3.56
Cash 64.61 - - 6.50
Net worth - - - 10.06
Returns (%) 0.60 - - -

He also sold some stocks, gaining around 21 per cent and 25 per cent in Shriram Transport and Ess Dee Aluminium. Of the 10 stocks that he holds, only Oracle Financial, down 0.7 per cent, is in the red, while Reliance Industries is up over 62 per cent from his cost price. He continues to hold cash worth Rs 6.50 lakh.

INCHING CLOSER

KASHYAP PUJARA
Fund Manager, ENAM Direct

Kashyap Pujara has now inched closer to positive territory backed by a 3 per cent gain last week. His net worth rose from Rs 9.50 lakh to Rs 9.80 lakh. Last week, he executed seven trades of which five were on the buy side; he was a net buyer of stocks worth Rs 82,194.
 

Top Holdings % of 
assets
Cost
Price (Rs)
Current
price (Rs)
Value
(Rs lakh)
Century Textiles 13.36 258.79 262.00 1.31
SBI 10.14 1135.19 1325.15 0.99
Ashok Leyland 7.89 21.70 22.10 0.77
EID Parry 4.87 170.45 191.00 0.48
Total investments 36.22 - - 3.55
Cash 63.78 - - 6.25
Net worth - - - 9.80
Returns (%) -1.96 - - -

He has added Ashok Leyland and EID Parry to his portfolio while he booked partial gains in SBI. He also holds Century Textiles. The value of his investment is Rs 3.55 lakh and he holds cash of Rs 6.25 lakh.

EXTENDING GAINS

AMAR AMBANI
Vice President (Research), India Infoline

Amar Ambani's portfolio appreciated by 1 per cent to Rs 10.38 lakh last week from Rs 10.26 lakh in the preceding week. He executed three trades, all on the buy side and made net purchases of Rs 85,535. Ambani has added ICICI Bank, Reliance Communications and Sun Pharma to his portfolio.
 

Top Holdings % of 
assets
Cost 
Price (Rs)
Current
price (Rs)
Value
(Rs lakh)
3i Infotech 3.92 44.80 50.85 0.41
ICICI Bank 3.26 477.75 520.60 0.34
Sun Pharma 3.10 1275.25 1285.75 0.32
Idea Cellular 2.85 57.90 59.25 0.30
Guj State Petronet 2.54 37.95 47.85 0.26
Total investments 20.13 - - 2.09
Cash 79.87 - - 8.29
Net worth

-

- - 10.38
Returns (%) 3.79 - - -

All eight stocks are in the green, up anywhere between 1 and 26 per cent. Gujarat State Petronet is up 26 per cent from cost price and is the best performer in his portfolio. His total investments now stand at Rs 2.09 lakh, while his cash balance has come down to Rs 8.29 lakh.

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