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.