When Smart Portfolio Season 6 started in September 2013, the Sensex was sub 20,000 levels and the Nifty was hovering around 5,900 levels. The fund managers started allocating the Rs 10 lakh corpus to model a benchmark beating portfolio, amidst the political and economic turbulence ahead of the much anticipated 2014 election.
At that point in time, the defensives in the form of FMCG, pharma and IT were the market favourites. However, that was all to change when Narendra Modi was named as BJP's prime ministerial candidate for the 2014 Lok Sabha election.
The market which was enthused by a mere naming went to record multi highs on the benchmark indices post the Modi Government took seat at the national capital. And the three active fund managers made hay while the sun was shining bright.
During the last one year (September 11, 2013-2014), the benchmark index CNX 500 gained 46%.
Ankit Agarwal from Centrum Broking (portfolio gained 75.28%), Vinay Khattar of Edelweiss Financial Services (portfolio gained 74.14%), Sunil Jain of Nirmal Bang (portfolio gained 72.79%), and Sachin Shah of Emkay (portfolio gained 51.43%), actively built a portfolio which was centered largely around mid and smallcaps in anticipation of a broader market rally. And that lay a strong ground to the stellar gains visible in their respective portfolio.
Portfolio Check
Ankit Agarwal, Vice President - Fund Manager, Centrum Broking Ltd
Agarwal top picks were clearly marked out with a mix of Nifty scrips. He picked around a dozen stocks at multiple levels and averaged his buying price whenever an opportunity presented itself. So was the same, in his selling pattern, where he took care of never dumping a stock completely in one go. Among the frontliners, his conviction stocks include Tata Motors, ICICI Bank, L&T, TCS.
| Ankit Agarwal | ||||||
| Top Holdings | Cost Price (Rs) | %gain | ||||
| Gujarat Pipavav Port Ltd | 61.56 | 169.82 | ||||
| Bharat Forge Ltd | 348.6 | 164.85 | ||||
| Eicher Motors Ltd | 4,489.95 | 158.88 | ||||
| P I Industries Ltd | 246.82 | 89.85 | ||||
| SKS Microfinance Ltd | 198.43 | 72.23 | ||||
Vinay Khattar, Head of Research, Retail Capital Markets, Edelweiss Financial Services
Igarashi Motors India, Can Fin Homes and Repco Home Finance along with the ones listed in the table are Khattar's top pick. Post May this year, he has steered away from the marquee names of the Sensex and Nifty.
| Vinay Khattar | ||||||||
| Top Holdings | Cost Price (Rs) | %gain | ||||||
| Ratnamani Metals & Tubes Ltd | 242.96 | 100.7 | ||||||
| Atul Ltd | 710.17 | 90.05 | ||||||
| Eicher Motors Ltd | 5,944.83 | 95.53 | ||||||
| Cholamandalam Investment & Finance Company Ltd | 300.90 | 65.50 | ||||||
| BASF India Ltd | 741.85 | 63.05 | ||||||
Sunil Jain, Head- Equity Research- Retail, Nirmal Bang
Gains in some of Jain's picks like Astra Microwave Products, Escorts, Aurobindo Pharma, V-Guard Industries and Dishman Pharmaceuticals and Chemicals gave the much needed fillip to his portfolio which was among the top gainers through the year.
| Sunil Jain | ||||
| Top Holdings | Cost Price (Rs) | %gain | ||
| Marksans Pharma Ltd | 17.64 | 214.40 | ||
| CCL Products (India) Ltd | 52.28 | 109.74 | ||
| Finolex Industries Ltd | 163.75 | 93.22 | ||
| VST Tillers Tractors Ltd | 985.46 | 78.56 | ||
| Indoco Remedies Ltd | 182.96 | 62.96 | ||
Sachin Shah, Fund Manager, Emkay
The entire portfolio of Shah was built in just four days of the one year period. The last two days of calendar year 2013, saw Shah on a buying spree, picking up several scrips from the broader markets. Wipro, ICICI Bank and Infosys were the only names among Sensex-30 in his portfolio.
| Sachin Shah | ||
| Top Holdings | Cost Price (Rs) | %gain |
| PTC India Financial Services Ltd | 12.93 | 250.73 |
| Gujarat Pipavav Port Ltd | 62.05 | 167.69 |
| AIA Engineering Ltd | 482.70 | 101.77 |
| Tata Communications Ltd | 300.00 | 85.53 |
| Bajaj Finance Ltd | 1,579.99 | 64.50 |
Taher Badshah, Senior Vice President & Co- Head, Motilal Oswal AMC- PMS
Badshah was largely inactive over the last ten months. Tata Coffee, Infosys, Cairn India, Tata Motors, Divis Laboratories and Britannia Industries constituted his portfolio.
| Taher Badshah | ||||||
| Top Holdings | Cost Price (Rs) | %gain | ||||
| Britannia Industries Ltd | 771.93 | 74.36 | ||||
| Divis Laboratories Ltd | 1,002.35 | 71.76 | ||||
| Tata Motors Ltd | 345.26 | 48.97 | ||||
Phani Shekhar, Fund Manger-PMS,Angel Broking
Apart from the names in the adjoining table, Cairn India was the only other stock in his portfolio. He was on the sidelines for the major part of the year. He had no sell calls during the season.
| P Phani Sekhar | |||
| Top Holdings | Cost Price (Rs) | %gain | |
| GIC Housing Finance Ltd | 112.83 | 49.38 | |
| Coal India Ltd | 283.16 | 27.40 | |
| Zydus Wellness Ltd | 544.06 | 18.58 | |
