It’s been exactly 15 years since I have been tracking the Indian Stock Markets.
My first investment in stock markets was in Ashok Leyland scrip in 2004. I remained invested in this stock for just 3 days only. I would have monitored the price of this stock for atleast 100 times over those 3 days. I vaguely remember that time my aim was to get atleast 5% returns on this investment. I had lost patience and sold it for loss on the fourth day.
I lost huge amount of money by doing day-trading also. I have lost money trying to make a quick buck. I used to trade in stocks purely based on the tips and recommendations given by the analysts. All this happened during 2004 to 2007. I played short-term investing game without knowing the rules of the game.
I had incurred a total loss of Rs 3,08,129 because of Intra-day trading (during 2005-2007 period).
You may go through more of my investment mis-adventures in this article 🙂 – 5 Personal Financial Mistakes that I have committed…!
After my bitter experience with Stock markets, did not venture again into the Stock market for 10 long years (2008-2018). But, I have been putting sincere efforts to learn more about Stock Markets and Personal Finances.
I have been investing judiciously with lot of discipline and patience in Mutual Funds since 2008-09. Also, tagged these MF investments for specific financial goals.
My Savings / Investment portfolio is primarily into Bank FDs, Real Estate Properties and Mutual Funds. Whatever investible surplus we (as a family) are able to generate that gets invested primarily in Mutual Funds only.
However, I have started my second innings with Stock markets in 2018. Let’s have a look at my ‘latest Stock Portfolio’.
Please note that this is not a perfect portfolio and this post is not to showcase my ‘stock picking’ skills 🙂 These are not recommendations to buy/sell any of these Shares. I am not such a brilliant stock market investor!
Your personal investing style will be different from mine, and so will be your risk-taking capability, financial liabilities, and investment time horizon. So, kindly do not take any investment decision based on this article.
My Latest Stock Portfolio
I currently own some of the shares of the below Companies. I have been acquiring these since April 2018 at different points of time.
- Asian Paints
- Dabur India
- Engineers India
- Havells India
- HDFC Standard Life Insurance
- Honeywell Automation
- Kotak Mahindra Bank
- Larsen & Toubro
- Pidilite Industries
- Reliance Industries
- TTK Prestige &
- Nifty Bees (Index ETF)
- Gaint or Nifty 50 Stocks : Asian Paints, Kotak Mahindra Bank, L&T and Reliance.
- Nifty Next 50 or Large-cap Stocks : Dabur, Havells, HDFC Standard Life Insurance and Pidilite,
- Mid-cap Stocks : Engineers India & Honeywell Automation. The relative benchmarks can be Nifty 200, Nifty Midcap 100, or Nifty LargeMidcap 250.
- Mid-Small Cap Stocks : TTK Prestige. The relative benchmark can be Nifty Smallcap 250.
My Stock holdings in percentage terms;
Sectoral Allocation Chart
Realized Capital Gains / Losses
I had booked profits by selling shares of Bajaj Holdings (holding period = 13 months) and Ion Exchange (holding period = 9 months) in this Financial Year. (I do not do intra-day trading, margin trading and F&O trading)
I have booked capital losses by selling shares of Va Tech Wabag Ltd. Overall, I have made net Capital Gains (as of now in this Financial Year).
Before I wind up, a few important points that I would like to share..
- The percentage of my investments in Stocks w.r.t my Networth is minuscule, as I have just started investing in direct Equity. But, have plans to accumulate good chunk of long-term wealth through Mutual Funds & Stocks.
- I have not linked my ‘stock portfolio’ to any of my personal financial goals. These are purely for long-term wealth creation and/or to make some capital gains (provided some luck is on my side consistently).
- I do not mind booking capital losses or gains if there is any such requirement (based on market and/or business conditions).
- To become a successful investor, I firmly believe in having patience, discipline and LUCK.
- In the last 1.5 years, I was not at all worried when stock markets falls and when some of my stocks value turn negative. But, I am finding it very difficult to control my emotions when I see abnormal profits. Finding it very tough to restrict myself from booking profits (partially). When to buy is much easier than when to sell? – may be, yes!
- “Emotional cycle matters more than the market cycle for successful investing” 🙂
- I track very limited number of stocks and also do not get into the sectors which I do not understand (ex – Pharma industry).
Do you invest in Direct Equity? Do you do day-trading? Is stock market investing suitable to everyone? Kindly share your comments! Cheers!
Continue reading :
- 5 Personal Financial Mistakes that I have committed…!
- Long Term Investment Horizon : Importance & Benefits | My father’s risky investments! (Real-life examples)
- My Latest Mutual Fund Portfolio | My Equity MF Picks
Kindly note that this post is for information and knowledge-sharing purposes only. Do not treat this as an investment advice. We do not offer stock tips and recommendations.
(Image courtesy of Stuart Miles at FreeDigitalPhotos.net)
(Post first published on : 11-October-2019)
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Hi Sreekanth,
Can you pls let me know what’s your suggestion for retail investors at this market conditions?
Also pls recommend any stock that we can buy now?
Hi Sree,
Due to Debt problem do you think Reliance share is worth buying? Need your expert advice.
Regards,
Anubhav
Hi Sree,
How we can know that how much dividend from different stocks we have received in a financial year? I mean can we generate some report from tool like zerodha for the same and the tax applicable is as per slab or some fixed amount like 15% or 10%.
Thanks,
Nicolas
Dear Nicolas,
I do not have real-time experience with Zerodha. You may kindly check with them!
As dividends are going to be taxed in the hands of investors from FY 2020-21, I am sure most of these Service providers will provide reports/statements on Dividend income.
You can create (same) dummy stock portfolio which is like your real portfolio on portals like Moneycontrol, valueresearch etc and can track dividend income.
Nice and sincere articles
Nice post Sir.
Just a suggestion if feasible – Keep updating the post regularly like why asian paints is falling, why Kotak Bank is increasing. What are the factors behind these. It would be helpful for readers to understand the market drivers.
Also wanted to understand do you keep any target NAV before redeeming or just on need basis?
Dear Amit,
Regular updation of this post may not be possible.
I am planning to publish ‘review post’ on my stock portfolio once in a year.
Latest update (FYI) : I have booked profits in HDFC Life, Kotak Mahindra Bank and Honeywell Automation.
Invested additional sum in Engineers India & Dabur.
Will try to re-enter Honeywell at my expected price.
No worries Sreekanth …. it was just my suggestion.
So when you have moved out of Kotak & HDFC life.. means you are expecting lower price in near future for them as well as i am also planning to invest in the same but for long run. I am not taking any midcap stock as i am going in them via Mutual fund.
Anyways, thanks for the information provided.
btw when i suggested regular update .. i didn’t mean what you purchased or sold 🙂 .. i meant how the stocks you mentioned are performing .. if there is any sharp increase or decrease then what was the driver for that ….
Dear Amit,
Well performing Companies like HDFC life may always command high price valuations!
It’s just that I am happy with ‘abnormal’ profits that I have made on this share in this FY (till date). Will surely try to re-enter if there is some correction..
Hi Sreekanth,
What is STT in Stocks. It’s 0.1% on buy & sell of stocks. So lets say if i purchased stocks of 25 K 0.1 % becomes Rs25 and i will sell the stocks & 50K then 0.1% becomes Rs50 then Rs75(25+50) i paid tax to government. Now will it be deducted from 15% incase of stcg or from 10% incase of ltcg or its above on it.
Regards,
Abhibnav
Dear Abhinav,
STT is calculated on the Average price when you buy/sell.
STT is different from capital gain tax.
It is directly paid at the time of settlement of your transaction(s) and not at the time of paying your Capital gain tax .
Hi Sree,
So for Stocks we have to pay STT as well as stcg or ltcg (at time of ITR) but for mutual funds its only ltcg or stcg as far as individual is concerned?
Dear Abhinav,
Security Transaction Tax (STT) is a direct tax which is levied on buying/selling of financial instruments like equity, debentures, bonds, derivatives. In mutual funds, the STT is levied only on sale of MF units in equity and balanced funds, applicable on both open ended and close ended schemes. It is also applicable on re-purchase of units by AMCs in equity oriented schemes. However, STT is not payable on transactions in debt and debt oriented schemes.
No STT is levied during the MF NFO (New Fund Offer).
On sale of units through stock exchange (close ended mutual funds or ETF units) – 0.001 percent
On sale of units through AMC(non ETF and open ended mutual funds) – 0.025 percent
AMCs and brokerage houses deduct STT at source while executing the transaction. If an investor redeems his mutual fund units then AMCs are authorized to deduct at source while if an investor sells his/her units to others through stock exchange then the respective brokerage house through which the client has sold will deduct the STT at source.
When calculating taxes on capital gains, STT can’t be added to the cost of acquisition or sale of shares/stocks/equity.
Thanks Sree ….
Hi Sree,
If you can add which stock belongs to large cap or mid cap or small cap * what it’s benchmark .. it would be really useful.
Thanks,
Abhi
Dear Abhinav,
As requested, updated the article. Kindly check!
Thank you …. Its really useful ….
Nice article. It is very true that buying a stock is much easier than putting a sell target on a stock. Hence i don’t really know the trick, same as you have mentioned. I noticed some of my shares are down 74% as i told myself to have patience in between they had gone up and i could have broken the negative trend but i did not hence it is not just long term it is which ones for the long term and which ones for the profit and leave. So even the best of the predictions cannot hit the target some times as variable are many.
Dear Ahmed,
My gut-feel says to hold on to my investments in blue-chips (large-caps) for long-term (unless some serious issues pop up..).
I believe its prudent to book some profits in Mid-cap space whenever there are abnormal gains available..
Hello Sreekanth,
Do you also look at stocks overlapping with your Mutual fund portfolio?
What would be your recommendation for others?
Regards,
Arun
Dear Arun,
No.
But, I go through the ‘portfolio drill down’ report given by my Stockbroker to know which major mutual funds have higher allocation to the stocks that I am invested in.