Monthly finance on 31st May 2018

Honestly, I don’t want to do this post. There is nothing new to say, there isn’t much happening either.

I can rumble a post of probably 20,000 words about my personal state of frustrations; but that will be off-the-mark here. On personal finance front – the past month has been as uneventful as any. In-short the common features as below –

  • No major gains/ losses (overall)
  • Same old problem of trading-portfolio not doing well – and I am unable to exit it!
  • Outdone by NIFTY again!

 

The relative value of Portfolio VS Nifty as below:

Nifty50 change Portfolio change
30/04/18 10,739.00 ₹ 10,09,97,951
31/05/18 10,736.00 -0.03% ₹ 9,98,59,850 -1.13%

It will be mundane to repeat the obvious – my portfolio shouldn’t have lost more than 30,000 Rupees and it lost 10.50 lac in value !!!

If I don’t experience stock-market bliss by mid-2019 (i.e. next general elections), I will quit active market participation and make an FD. Admit the mistake, so to speak (which currently looks a VERY HIGH POSSIBILITY)

 

Anyway, an overall browse of current positions as below –

Portfolio: ₹ 9,98,59,850
Direct Stocks ₹1,45,31,330 49%
Equity MF ₹3,48,08,522
Debt MF ₹3,22,41,999 50%
Bonds&FDs ₹1,73,10,000
HDFC Bank ₹3,60,000 1%
IndusInd ₹1,08,000
cash ₹5,00,000

Broadly, it looks like a well-diversified and pragmatic portfolio. 49:51 Equity-to-Debt ratio, well spread between asset classes. But it hides some huge flaws; some obvious ones (to me!) as below –

  • around 92lac (10%) is in ‘small stocks’ or what I call as – trading portfolio. It is down by a good 30-lac (i.e., 33%!) and I really need to give myself the luxury of buying a gun. Yeah, and few bullets too. SMC guy deserves it (and so do I…)
  • Debt MF is highly skewed towards a single-fund
  • Equity MF have too many funds – 15. Thats 10 too many…!

 

Hope next month brings some relief.

 

(PS: I just went through previous months’ numbers. end of Jan – Nifty was 11016 while the portfolio was 9.95cr. Today Nifty is 10736 while portfolio is 9.98cr. If I discount the new investments made in these 4-months; then also the portfolio is down by 1.30% while Nifty is down by 2.60%.)

Does it mean I am not doing too bad, eh? Or is it “choosing the numbers the way they suit me?”

 

 

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mohittkws

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