Quarterly Returns (in percent)

Quarter
Q1 2014
Q4 2013
Q3 2013
Q2 2013
Q1 2013
Q4 2012
Q3 2012
Q2 2012
Q1 2012
Q4 2011
Q3 2011
Q2 2011
Q1 2011
Q4 2010
Q3 2010
Q2 2010

MEAN QUATER RETURN

STD. DEVIATION
Skewness
Kurtosis
CORRELATION

Covariance matrix

Reliance industries
Grasim Industries
3.971233077
6.389523318
8.852977987
2.590653994
-4.660630308
-3.320155503
12.84752475
-1.897937897
-7.939671621
-11.23855035
0.281528787
-4.367364946
13.46470304
26.43538875
-0.500832428
0.527101445
8.319298925
5.556984296
-14.27604093
6.27532472
-10.03333333
12.76208553
-13.62620998
-14.69538836
-0.90706071
4.874504913
7.237279374
5.513123626
-9.414361895
23.42819363
2.144649115
-35.0712935

-0.264934135
9.056335164
-0.064164797
-1.171218592
0.130944702

Reliance industries

1.485137104
14.49936951
-0.6890513
1.971562113
0.439201041
0.258261213

Grasim Industries

PNB
23.1316726
35.75794346
-29.1008157
-5.973994847
-17.6055295
3.689673266
3.958117134
-10.18891372
18.46750563
-18.0684744
-12.50849831
-8.317130125
-0.761674391
-5.505779716
24.69540055
3.574003966

0.327719118
17.67157282
0.483752766
-0.313670163
0.133614208
0.239659226
0.66626558

PNB

Reliance industries

76.89113119

16.11984319

65.89649704

Grasim Industries
PNB
Apollo Tyres
Unitech
Tata motors
Axis Bank

16.11984319
65.89649704
29.41924762
77.26786158
46.26872589
82.13033643

197.0922339
62.03757091
84.48307309
55.12301471
121.1604674
37.38576841

62.03757091
292.7667054
286.2523205
245.1437415
173.1912629
274.2071756

Grasim Industries
1
0.130944702
0.130944702
1

PNB
0.439201041
0.258261213

Coreltion matrix
Reliance industries
Grasim Industries

Reliance industries

PNB
Apollo Tyres
Unitech
Tata motors
Axis Bank

0.439201041
0.133614208
0.362872679
0.253609791
0.509347556

0.258261213
0.239659226
0.161693182
0.414803856
0.144817253

1
0.66626558
0.590001982
0.48649876
0.871498657

Apollo Tyres
48.678538
61.0079976
18.6146411
-32.254153
-6.18814697
-3.83942245
17.7637511
-0.43606515
34.7097443
6.51453809
-28.8650347
12.5202534
4.26969744
-17.7072801
26.3897764
-8.59979559

8.28618996
25.9331431
0.40638603
-0.13614824
0.36287268
0.16169318
0.59000198
0.30386167

Unitech
Tata motors
Axis Bank
-8.3006536
5.83
-2.5477707
13.25
-25.768322
18.89
-10
4.51
-30.163447
-13.79
38.4773663
16.80
10.2040816
12.49
-23.304348
-12.21
48.9637306
54.54
-26.335878
14.28
-17.713568
-12.86
-21.012156
-20.36
-38.896468
-4.50
-24.948805
19.05
18.6074754
53.51
1.56228587
2.99

-6.9485298
25.0796146

0.25360979
0.41480386
0.48649876
0.40866137
0.68904867

9.526438316
21.48808735
0.879013654
0.71990013
0.509347556
0.144817253
0.871498657
0.57226308
0.797398782

12.37268896
29.02326235
-22.76780526
1.675462781
-4.072842678
19.33165616
11.90704433
-9.97774447
42.03966298
-21.01927055
-20.75634731
-7.123678092
4.012918727
-11.86634123
23.19061534
7.386487666

Equally wieghted portfolio

13.15365742
21.13408898
-6.873924487
-4.441438539
-13.00040776
10.05401354
13.74553335
-8.012264277
30.37154394
-7.518130387
-12.85422209
-10.37329569
-4.558462883
-4.033131223
22.91470416
-3.715678428

3.334735606
18.99177744
0.385431856
-0.518570455

2.249536601
18.95998572
0.777524432
-0.79579679

0.588313085

Apollo Tyres Unitech

Tata motors

Axis Bank

29.4192476 77.2678616

46.26872589

82.13033643

84.4830731
286.252321
630.494919
185.277725
213.495038
264.233437

121.1604674
173.1912629
213.4950378
348.1286711
432.8792795
225.0832395

37.38576841
274.2071756
264.2334369
356.0683035
225.0832395
338.1446347

55.1230147
245.143742
185.277725
589.675378
348.128671
356.068303

Apollo Tyres Unitech

Tata motors
Axis Bank
0.13361421 0.36287268
0.253609791
0.23965923 0.16169318
0.414803856

0.509347556
0.144817253

0.66626558
1
0.30386167
0.40866137
0.57226308

0.59000198
0.30386167
1
0.68904867
0.79739878

0.48649876
0.408661374
0.689048666
1
0.588313085

0.871498657
0.57226308
0.797398782
0.588313085
1

0.142857143

0.142857143

0.142857143

percentage
Reliance industries
Grasim Industries
PNB
Apollo Tyres
Unitech
Tata motors
Axis Bank

mean
Variance
Standard Deviation
diversfication ratio

14%
14%
14%
14%
14%
14%
14%

2.249536601
184.7896107
13.59373424
71.69696456

1=
0%
100%

0.142857143 0.142857 0.142857 0.142857

mu
-0.264934135
1.485137104
0.327719118
8.286189961
-6.948529764
9.526438316
3.334735606

minimum variance

maximum returns
73%

0%

24%

0%

0%

0%

3%

0%

0%
0%
0%

0%
100%
0%

100%

Covariance matrix
Reliance industries
Grasim
PNB

Reliance industries
76.89113119
16.11984319
65.89649704

Company
Reliance industries
Grasim
PNB
Grasim
PNB
16.11984319
197.0922339
62.03757091

sd
mean
Variance

Perecentage mean return

0% -0.264934135
0% 1.485137104
0% 0.327719118

65.89649704
62.03757091
292.7667054

0
0
0
0=
0%
100%

100%

MINIMUM VARIANCE
S.NO

COMPANY IN PORTFOLIO

SD

MEAN RETURN

PROPOTION

1 Reliance industries
Unitech
Axis

8.769

-0.265

100%
0%
0%

2 Reliance industries
Unitech
tata

8.640

0.454

93%
0%
7%

3 Reliance industries
Apollo
tata

8.531

0.661

90%
6%
4%

4 Reliance industries
Axis
tata

8.640

0.454

93%
0%
7%

5 Reliance industries
Axis
apollo

8.568

0.361

93%
0%
7%

6 pnb
tata
axis bank

15.971

3.228

68%
32%
0%

7 apolo
tata
unitech

18.547

5.775

33%
47%
20%

8 appolo
unitech
axis bank

18.048

4.166

17%
0%
83%

9 appolo
tata
axis bank

17.088

5.971

12%
33%
55%

10 unitech
tata
axis bank

17.272

5.517

0%
35%
65%

11 Grasim
Apollo
Tata

13.141

3.396

74%
13%
13%

12 Grasim
Apollo
Axis

11.904

2.127

65%
0%
35%

13 Grasim
Unitech
Tata

12.934

-0.285

79%
21%
0%

14 Grasim
Unitech
Axis

11.904

2.127

65%
0%
35%

15 Grasim
Tata
Axis

11.904

2.127

65%
0%
35%

16 Reliance industries
Grasim Industries
Axis Bank

7.849

0.175

75%
25%
0%

17 Reliance industries
Grasim Industries
PNB

7.849

0.175

75%
25%
0%

18 Reliance industries
Grasim Industries
Apollo Tyres

7.813

0.414

73%
24%
3%

19 Reliance industries
Grasim Industries
Unitech

7.849

0.175

75%
25%
0%

20 Reliance industries
Grasim Industries
Tata Motors

7.849

0.175

75%
25%
0%

21 Grasim Industries
PNB
Apollo Tyres

11.711

1.948

54%
34%
13%

22 Grasim Industries
PNB
Unitech

12.082

0.639

62%
32%
6%

23 Grasim Industries
PNB
TATA Motors

12.127

1.261

62%
36%
2%

24 Grasim Industries
PNB
TATA Motors

11.880

1.881

64%
9%
27%

25 Grasim Industries
Apollo Tyres
Unitech

12.675

0.776

72%
11%
17%

26 PNB
Apollo
Unitech

16.926

-0.292

84%
4%
13%

27 PNB
Apollo
Tata

15.971

3.228

68%
0%
32%

28 PNB
Apollo
Axis

16.984

1.172

75%
2%
23%

29 PNB
Unitech
Tata

15.971

3.228

68%
0%
32%

30 PNB
Unitech
Axis

16.935

-0.170

83%
10%
7%

31 Reliance industries
PNB
Apollo Tyres

8.568

0.361

93%
0%
7%

32 Reliance industries
PNB
Unitech

8.740

-0.238

95%
5%
0%

33 Reliance industries
PNB
Tata Motors

8.639

0.442

92%
0%
7%

34 Reliance industries
PNB
Axis Bank

8.740

-0.238

95%
5%
0%

35 Reliance industries
Apollo Tyres

8.568

0.361

92.680%
7.320%

Unitech

0.0%

MAXIMUM RETURN
SD

MEAN RETURN

PROPOTION

18.389

3.335

0%
0%
100%

20.806

9.526

0%
0%
100%

20.806

9.526

0%
0%
100%

20.806

9.526

0%
0%
100%

25.110

8.286

0%
0%
100%

20.806

9.526

0%
100%
0%

20.806

9.526

0%
100%
0%

25.110

8.286

100%
0%
0%

20.806

9.526

0%
100%
0%

20.806

9.526

0%
100%
0%

20.806

9.526

0%
0%
100%

25.110

8.286

0%
100%
0%

20.806

9.526

0%
0%
100%

18.389

3.335

0%
0%
100%

20.806

9.526

0%
100%
0%

18.389

3.335

0
0
1

14.039

1.485

0%
100%
0%

25.110

8.286

0%
0%
100%

14.039

1.485

0%
100%
0%

20.806

9.526

0%
0%
100%

25.110

8.286

0%
0%
100%

14.039

1.485

100%
0%
0%

20.806

9.526

0%
0%
100%

24.283

3.335

0%
0%
100%

25.110

8.286

0%
100%
0%

25.110

8.286

0%
100%
0%

20.806

9.526

0%
0%
100%

25.110

8.286

0%
100%
0%

20.806

9.526

0%
0%
100%

18.389

3.335

0%
0%
100%

25.110

8.286

0%
0%
100%

17.110

0.328

0%
100%
0%

20.806

9.526

0%
0%
100%

18.389

3.335

0%
0%
100%

25.110

8.286

0%
100%

0%

PORTFOLIO WITH MINIMUM VARIANCE

VALUE
7.81319

Reliance industries
Grasim Industries
Apollo Tyres

SD
7.81319

PORTFOLIO WITH MAXIMUM RETURN

9.526448

Reliance industries
PNB
Tata Motors

20.806

EffICIENT PORTFOLIO

9.526448

Reliance industries
PNB
Tata Motors

20.806

Return
Propotion
0.413685
73%
24%
3%

9.526

0%
0%
100%

9.526

0%
0%
100%