Monthly Portfolio Review – May 2010

BSE Sensex lost 3.5% and NSE Nifty 3.63% while my portfolio lost 2.68% during the month of May 2010. The major gainers in my portfolio were Berger Paints and Tata Tea and major losers Suzlon Energy, Bharti Airtel and Tata Communications. The unexpected loss reported for the last quarter and its heavy debts caused crash in price of Suzlon Energy. It has been taking measures to reduce its debts for sometimes now. Tight competition, recent TRAI recommendation to charge for excess 2G spectrum, heavy 3G auction amount – it was all bad news for Telecom sector and it affected Bharti Airtel which is a major constituent in my portfolio. Going forward, a turn around is expected in Bharti Airtel due to its positive outlook in the long run.

In 2010 to date, BSE Sensex lost 2.98% and NSE Nifty 2.21% while my portfolio gained 0.16%. I added 5 companies in my portfolio during 2010 so far – Hero Honda, Crompton Greaves, Hindustan Unilever, Glenmark Pharma and Biocon.

Return

Drops BSE Sensex NSE Nifty INR/AED
This Week 0.08% 0.48% 0.39% -0.32%
This month -2.68% -3.50% -3.63% -4.06%
This Year 0.16% -2.98% -2.21% 0.32%
Since 1-4-2007 71.25% 29.62% 33.10% -6.76%
Since 1-1-2008 37.84% -16.15% -16.34% -17.38%
Since 1-1-2009 105.08% 75.64% 71.89% 4.04%
Since 1-1-2010 0.16% -2.98% -2.21% 0.32%

Good buys in my watch list

Company Sector Current price 3 years Target Expected Return
Bharti Airtel Telecom 262.30 531.00 102%
Hindustan Unilever FMCG 236.75 450.00 90%
Crompton Greaves Engineering 240.25 394.00 64%
Hero Honda Auto 1937.80 2972.00 53%
NTPC Power 202.00 293.00 45%

Since first four are already in my top 10 holding and total of top ten exceeded the maximum limit, I would be buying NTPC next week.

Top 5 holding in my equity portfolio

Company Sector % of Total Value Average Holding Period Absolute Return
Infosys IT 18% 34 months 59%
Tata Tea FMCG 12% 19 months 104%
Bharti Airtel Telecom 9% 5 months -10%
Dabur India FMCG 7% 39 months 132%
Gujarat Gas Energy 7% 25 months 131%

Shares I bought this month

Company Average Price
Crompton Greaves 246.63
Hindustan Unilever 234.48
Bharti Airtel 266.05
Suzlon Energy 59.90

Shares I sold this month

Company Average Price
Piramal Healthcare 556.23

Top 5 most gain (absolute)

Company Return Average Holding Period
Dabur India 132% 39 months
Gujarat Gas 131% 25 months
Tata Tea 104% 19 months
Infosys 59% 34 months
Berger Paints 71% 40 months

Archive of previous portfolio reviews


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