A spectacular rally on the back of strong global cues has helped our fund managers rake in the profits last week. However, the Smart Portfolios benchmark BSE 200 declined 5 per cent to 1,684 as against 1,773 the preceding week. The value of benchmark's portfolio appreciated sharply from Rs 9.45 lakh to Rs 9.95 for the week ended May 29, 2009. However, the net worth is still down marginally (0.52 per cent) since the inception of Smart Portfolios on September 1, 2008.

All the four fund managers were active last week and executed 58 trades, 34 of which were on the sell side. Cumulatively, the fund managers were net sellers of Rs 0.99 lakh. In the preceding week, fund managers had bought shares worth Rs 21.93 lakh.

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SMART GAINER

ANAND AGARWAL
Fund Manager, Reliance Money

With 21 trades last week, Anand Agarwal was the second most active manager. Of these, 12 were on the sell side. His net worth appreciated by 14.06 per cent to Rs 12.82 lakh last week from Rs 11.24 lakh in the preceding week. A large exposure to one stock - TRF - now accounts for 40 per cent of his total gains. He was a net buyer of stocks worth Rs 51,143.
 

He has added Bharati Shipyard and Oracle Financial and booked some profit in stocks like Genus Power and Glenmark Pharma. He also exited from L&T, JSW Steel, Reliance Industries and Jet Airways. He now holds cash worth Rs 0.62 lakh.

LOOKING FOR PROFITS

SADANAND SHETTY
Vice President, Kotak Securities

Sadanand Shetty sold stocks worth Rs 41,349. Of the six trades he executed, four were on the sell side. His net worth rose 7.71 per cent to Rs 12.72 lakh as compared to Rs 11.81 lakh in preceding week.
 

He made profit in stocks like IVRCL Infra, Orbit Corporation and SBI in the range of 13-55 per cent. He exited from Balrampur Chini with marginal gains of 4 per cent. Shetty's total investments now stands at Rs 11.09 lakh, while his cash balance is at around Rs 1.63 lakh.

All the stocks in his portfolio are in the green up anywhere between 1 and 69 per cent, except HDFC which is down over 2 per cent.

SELLING MODE

KASHYAP PUJARA
Fund Manager, ENAM Direct

Kashyap Pujara sold stocks worth Rs 1.34 lakh. Pujara exited from Reliance Communications and Ashok Leyland for gains of 12 to 58 per cent. He booked a profit of 58.3 per cent on EID Parry. At the end of the week, his net worth rose 8.14 per cent to Rs 13.15 lakh from Rs 12.16 lakh.
 

Pujara still holds nine stocks in his portfolio for a total investment of a whopping Rs 10.85 lakh. All his nine stocks are in the green, and Century Textile is his biggest gainer - up over 65 per cent from his purchase price. Other stocks are up 13-46 per cent. He now holds Rs 2.3 lakh cash in hand.

WELL-BALANCED TRADES

AMAR AMBANI
Vice President (Research), India Infoline

Amar Ambani was the most active fund manager with 26 trades and also the biggest bull with net purchases of Rs 2.54 lakh. He made 26 trades, 13 each on the buy and the sell sides. Amar Ambani's net portfolio appreciated by 6.92 per cent to Rs 13.45 lakh last week from Rs 12.58 lakh in the preceding week.
 

He exited from stocks like IRB Infrastructure, Larsen & Toubro, Aban Offshore and HDFC. He has added IFCI, ICSA (India), Everonn Systems India, Dish TV, Praj Ind, Jyoti Structures and HPCL to his portfolio. He now holds Rs 0.59 lakh in cash.

New Ipad Application :Business Standard's all new IPad App Click here to download for free Other Stories      - Markets end lower ahead of May F&O expiry - Parsvnath posts Rs 23 cr loss in Q4 - Educomp net down 57% at Rs 61 cr in Jan-Mar qtr - DLF Q4 net plunges 39% to Rs 211 cr - Provogue Q4 net profit down 71% at Rs 1.81 cr

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