Record gains in Smart Portfolios

Since its inception on September 1, 2008, fund managers have consistently outperformed the benchmark. This week, however, Kashyap Pujara underperformed with a gain of 1.60 per cent as against an appreciation of 2.12 per cent in the benchmark, the BSE 200. Anand Agarwal and Sadanand Shetty registered smart gains of 6.57 per cent and 7.24 per cent respectively, while Amar Ambani’s networth soared 24.59 per cent in the last five trading days.

The BSE 200 is now up 6 per cent from its start of Rs 10 lakh (on September 1, 2008) to Rs 10.60 lakh. Ambani’s networth at Rs 21.33 lakh is up a whopping 113.26 per cent, Agarwal’s networth has soared by almost 90 per cent to Rs 18.99 lakh, Pujara’s networth is up 33.55 per cent at Rs 13.35 lakh while Shetty’s portfolio value has appreciated by 60.76 per cent to Rs 16.08 lakh.

Last week, the managers were in buy mode buying shares worth Rs 13.19 lakh at the net level.

SWEET TOOTH
ANAND AGARWAL
Head – Products & Investments, Reliance Money

Anand Agarwal bought shares aggressively; his gross purchases totaled Rs 10.26 lakh while gross sales were at Rs 4.97 lakh. Among the stocks he sold last week, gains at 31 per cent were the highest on SRF.

Top Holdings	% of assets	Cost Price (Rs)	Current price (Rs)	Value (Rs lakh)
Sakthi Sugar	18.38	78.59	87.25	3.49
EID Parry	16.95	314.60	321.80	3.22
Rajesh Sugar	13.61	91.69	108.85	2.59
Ceat	5.29	133.90	133.90	1.00
Wanbury	4.98	79.00	85.95	0.95
Total investments	95.89	-	-	18.21
Cash	4.11	-	-	0.78
Net worth	-	-	-	18.99
Returns (%)	89.90	-	-	-

A striking feature of his portfolio is that 65 per cent of his investments are in the sugar sector and in stocks such as Sakthi Sugar, EID Parry and Rajesh Sugar. Agarwal presently has 15 stocks in his portfolio of which just one, Falcon Tyres, is below his purchase price. The rest are up with an average gain of 8.02 per cent.

FULLY INVESTED
SADANAND SHETTY
Vice President, Kotak Securities

Sadanand Shetty was a buyer of stocks worth Rs 2.05 lakh at the net level with gross purchases amounting to Rs 6.53 lakh, and gross sales at Rs 4.48 lakh. He pocketed a handsome gain of 24 per cent on his investment in Bharat Forge. L&T, SBI and ICICI Bank gave him returns over 10 per cent each.
 

Top Holdings	% of assets	Cost Price (Rs)	Current price (Rs)	Value (Rs lakh)
United Phos	8.36	166.21	174.2	1.35
Natco Pharma	7.29	83.05	107.05	1.18
NDTV	6.75	157.00	181.60	1.09
GVK Power	6.32	43.15	47.45	1.02
Bharat Forge	5.96	211.08	226.30	0.96
Total investments	98.70	-	-	15.94
Cash	1.30	-	-	0.21
Net worth	-	-	-	16.15
Returns (%)	61.48	-	-	-

Of Shetty’s 20 stocks just three are below cost price. RIL, down 9.30 per cent is the major underperformer. Natco Pharma and Taj GVK with a gain of 28.90 per cent and 21.95 per cent respectively are the best performers in his portfolio.

HOLDING ON
KASHYAP PUJARA
Fund Manager, ENAM Direct

Kashyap Pujara was mostly on the sidelines, barring the single trade where he bought EID Parry for a consideration of Rs 32,600. Puajara has nine stocks in his portfolio of which RCom and SCI with losses of 18.18 per cent and 11.51 per cent are dragging down his portfolio.
 

Top Holdings	% of assets	Cost Price (Rs)	Current price (Rs)	Value (Rs lakh)
Balrampur Chini	26.88	96.27	119.65	3.59
Aditya Birla Nuvo	13.90	695.00	928.45	1.86
ONGC	13.71	1028.00	1220.20	1.83
Century Textiles	13.28