Investment Performance for the March 2014 Settlement

This post is a little late. I had promised that I would put up my investment performance on the day after every settlement on the stock exchange. This time, I am posting it a little late. I was abroad, and my computer did not work.

However, late as it might be, I have got reasons to be pleased with my performance in March. In the previous month, my annualized return was nearly 40% in the previous analysis period. On March 27, 2014 my portfolio NAV rose to 1233 (from 1000 on November 8, 2013, and 1114 on 26th February, 2014). Hence the absolute return is 23.3% in a little under 5 months, and the annualized return is 56%, higher than the 40% earlier. And I have achieved this from a 100 stock portfolio, not a highly concentrated one. The last months return was 10.68%, which annualized is nearly 130%.

Of course, the NaMo effect was in full play in March, and most portfolio’s have done well. However, as the chart below indicates, the portfolio handsomely beat the sensex, nifty, midcap and small cap indices.

In the previous month analysis, I had suggested that I was disappointed that my return was behind the return obtained by SBI Magnum Midcap Fund, though I had beaten the Kotak Classic Fund, a diversified large cap fund. I am happy to report that this month, I have finally beaten the SBI Midcap fund too. In March alone, the SBI Midcap Fund returned only 4.6%, much below the 10.68% my portfolio achieved.

Here is a chart showing the comparative performance:



As you can see, the Assets under Management (AUM) has had the highest growth, since I have been investing fresh money. And my overall performance has now just crossed the overall performance of the SBI Midcap Fund.

All in all, a satisfactory performance.

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