FY 2016 and a new beginning to mi50 …

A new mi50 portfolio was created at my place and we shall be tracking it weekly through 2016.  Likely that we will get about 100 trades in the year. Allocation is 2% per trade, so for say a INR 1 Cr portfolio, we shall allocate 2Lacs per stock in the beginning and as profits/losses accumulate we will continue to allocate at the rate of 2% of total capital as we go through.

The purpose of the updates here are for me to be tracking and to create a formal log of my trades. This blog is certainly not geared towards investment advice and investing can be a loss making proposition for many.

There are 15 stocks in the mi50 stocks to start with on 31 Mar 2016
Stocks with price are below. Allocation 2 pct per stock.

ORIENTPPR 34.4
TVTODAY 310
SUPREMEIND 739
DALMIASUG 99.4
FINPIPE 364
BALRAMCHIN 106.05
ENERGYDEV 69
GALLISPAT 503.4
RAMCOCEM 401
DHAMPURSUG 92.6
OUDHSUG 65.5
BBL 880
GEOMETRIC 202.8
GLAXO 3743
BODALCHEM 73.4

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