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 |