2007 Highlights
- Started to track securities investments as a fund.
- Studied books and articles related to Value investments esp. related to Buffet.
- Started this site. It is designed to contain two main subjects. First, general investor education and second to track my portfolio on a quarterly/half yearly basis. It will not contain discussion about any individual stocks.
- Portfolio grew by 84.3% in past 5 months.
Fund Performance Summary
Duration: Aug 14, 2007 - Dec 31, 2007
Price: 100.00 - 184.30: 84.30%
Sensex: 15,001 - 20,286: 35.23%
Annual performance report of my investments for the year 2007. Past year was good in terms of growth. I started tracking the my portfolio like a fund since Aug 14th, it helps me calculate the performance accurately. The portfolio was up 84.30% while sensex was up 35.23% during the period Aug 14 2007 to Dec 31 2007.
The best performing stock of last year was Jindal Steel and Power which rose close to 550%. And the moderate performing was Power Grid and Reliance Petro, both were added during past 3-5 months and provided average returns around 20%. Exited Wipro, during the beginning of the year and Infy towards the end after holding for couple of years.
Planning to continue is to limit the number of stocks holding under 20, preferably around 15, this will force to review the investments periodically and also help to weed out the weak stocks. Will try to reduce the number of transactions even more going forward, last year I entered and exited few stocks like Bhagiradha Chemincals, Banswara Syntex.
Performance Comparison Graph (vs Sensex)
Portfolio Details (*) (Rs)
| Company Name | Avg Pur Price[Gain/(Loss)] | Lowest Pur Price[Gain/(Loss)] | Current Price(Rs) |
| Jindal Steel and Power Ltd. | 1,760(774%) | 487(3,059%) | 15,395 |
| Reliance Industries | 602(379%) | 280(928%) | 2,882 |
| Federal Bank | 93(261%) | 93(261%) | 335 |
| SBI | 485(388%) | 285(731%) | 2,371 |
| ONGC | 369(234%) | 238(419%) | 1,236 |
| Reliance Communications | 196(282%) | 0(**%) | 746 |
| Reliance Capital | 856(202%) | 0(**%) | 2,587 |
* Split adjusted & without considering dividends.
New Additions (Last 1-12 Months)
| Company Name | Avg Pur Price[Gain/(Loss)] | Lowest Pur Price[Gain/(Loss)] | Current Price (Rs) |
| GE Shipping | 295(89%) | 240(132%) | 557 |
| Tata Investment Corp | 403(81%) | 343(113%) | 730 |
| Sesa Goa | 1,912(99%) | 1,698(124%) | 3,817 |
| Tata Steel | 567(65%) | 517(80%) | 935 |
| Sunil Hitech | 148(173%) | 71(468%) | 405 |
Reliance Petro*** | 198(12%) | 168(32%) | 223 |
| Power Grid Corp*** | 116(23%) | 98(47%) | 143 |
| Godawari Power*** | 294(17%) | 285(20%) | 345 |
| Prime Securities*** | 186(61%) | 177(69%) | 300 |
| Prakash Industries*** | 288(17%) | 282(19%) | 338 |
| Sanghvi Movers*** | 223(38%) | 204(52%) | 310 |
| SA Petrochem*** | 22(40%) | 19(63%) | 31 |
** Bonus shares from Reliance Industries.
*** Latest investment
Estimated tax liability(if all the investments are be liquidated today): ~1% of portfolio value.
Thank you for a wonderful 2007, and looking forward to 2008. Happy New Year!!
