LIC Mutual Fund was established on 20th April 1989 by LIC of India.

Being an associate company of

India's premier and most trusted brand, LIC Mutual Fund is one of the well known players in the asset
management sphere. With a systematic investment discipline coupled with a high standard of financial
ethics and corporate governance, LIC Mutual Fund is emerging as a preferred Investment Manager
amongst the investor fraternity.

LIC Mutual Fund endeavours to create value for its investors by adopting innovative and robust
investment strategies, catering to all segments of investors. LIC Mutual Fund believes in providing delight
to its customers and partners by way of superior investment experience and unparalleled service
thereby truly bring them Khushiyaan, Zindagi Ki.

A New Dawn
LIC Mutual Fund was established on 20th April 1989 by LIC of India. A name synonymous with trust in
the financial system of our country, LIC of India has delievered hope to millions of lives every day for the
past 59 years. The company today, is the largest life insurer in the world and has insured more than 250
million lives.

Our Pillars of Support

We are empowered by a foundation of strength that adds momentum to our endeavours. We are glad to
introduce our joint venture partners:

LIC Housing Finance Ltd. - One of the largest Housing Finance companies in India, with over 15.56 lac
prudent house owners who have enjoyed its financial assistance.

GIC Housing Finance Ltd. - With a presence of 59 branches across the country, tie-ups with builders and
corporates, GIC HFL provides finance to individual borrowers for various housing finance needs.

Corporation Bank - With a nationwide network of 2364 fully automated CBS branches, 2998 ATMs and
4685 Branchless Banking Units across 4685 villages.

The Onset of an Eternal Smile

LIC Mutual Fund's journey so far has been promising. Partnering with our stakeholders, LIC Mutual Fund
is committed to deliver Khushiyaan, Zindagi Ki.
The share holding pattern of Trustee Company is as under:-

LIC Mutual Fund Trustee Private Ltd.

Names of the new Shareholders Shareholders %

LIC of India 49.00%

LIC Housing Finance Ltd. 35.30%

GIC Housing Finance Ltd15.70%

NAME OF THE DIRECTORS

Shri. H. N. Motiwalla (Independent Director)

Shri. M. Raghavendra (Independent Director)

Shri. T C Suseel Kumar (Nominee Director)

Shri. Rammohan Nilkanth Bhave (Independent Director)

Shri. T. C. Venkat Subramanian (Independent Director)

The share holding pattern of AMC is as under:-

LIC Mutual Fund Asset Management Ltd

Names of the new Shareholders Shareholders %

LIC of India 45.00%

LIC Housing Finance Ltd. 39.30%

GIC Housing Finance Ltd11.70%

Corporation Bank 4.00%

NAME OF THE DIRECTORS

Shri. S. K. Mitra (Independent Director)

 Shri. Satish K. Kamat (Independent Director)

Shri. Kailash Kumar Bang (Independent Director)

Shri. Vijay Sharma (Independent Director)

Shri. Siddhartha Mohanty (Nominee Director)

Shri. Sanjay A. Muthal (Independent Director)

Shri. Dinesh Pangtey (Whole Time Director & Chief Executive Officer)

Mrs. Neera Saxena (Nominee Director)

Shri. M. R. Kumar (Nominee Director)

Top Ten Largest Companies in India

With a flourishing entrepreneurial spirit and burgeoning middle class ,the world’s largest corporations.
Recently, a family-run company made it among the biggest. Projected to be the world’s most populous
nation by 2029, India is emerging as an economic powerhouse, poised to make a significant global
impact in the years ahead.

We have compiled a list of the top ten largest companies in India (by revenue):

10. Coal India Limited

Industry: Coal Mining
Revenue: $18.7 billion

Coal India Limited

CIL is a state-controlled coal mining company and the world’s largest producer of coal. Created as a
public-sector company in 1975, Coal India Limited was formed to establish better efficiency in the coal
sector, under the new department of coal that was established in 1974.

CIL produces coal through seven of its wholly owned subsidiaries: Eastern Coalfields Limited, Bharat
Coking Coal Limited, Central Coalfields Limited, Western Coalfields Limited, South-Eastern Coalfields
Limited, Northern Coalfield Limited and Mahanadi Coalfields Limited.

In 2018, CIL announced a new policy that would transfer each of its approximate 20,000 executives every
five years in an effort to improve management skill

9. Tata Steel
Industry: Steel and Iron

Revenue: $20.8 billion

Tata Steel

Tata Steel Limited (formerly Tata Iron and Steel Company Limited) is an Indian multinational steel-making
company headquartered in Mumbai, India, and a subsidiary of the Tata Group.

Tata Steel is the 12th-largest steel producing company in the world, with an annual crude steel capacity
of 23.8 million tonnes, and the largest private-sector steel company in India measured by domestic
production.

8. Rajesh Exports Limited

Industry: Wholesalers

Revenue: $26.5 billion

Rajesh Exports Limited

Headquartered in Bangalore, with operations across the world, Rajesh Exports Limited (REL) is the
largest exporter of gold products in India. With a unique operational model in the industry, REL is one of
the few companies that engage in every level of the gold-producing process, from refining to retailing.
The company operates a network of 80 retail jewellery showrooms under the brand name of SHUBH.

The company was founded in 1989 by the current executive chairman, Rajesh Mehta, along with his
brother Prashant Mehta with a meagre Rs. 12,000. The family-run company now processes nearly 35 per
cent of the total gold mined in the world.

7. Hindustan Petroleum Corporation Limited

Industry: Oil and Gas

Revenue: $31.3 billion

Hindustan Petroleum

Hindustan Petroleum Corporation Limited (HPCL) is one of the largest Oil and Gas Companies in India.
HPCL was incorporated as a Public Sector Undertaking (PSU) by the Indian government through a
number of mergers and takeovers including Esso Standard, Lube Limited, Caltex Oil Refining Ltd and
Kosan Gas, throughout the 1970s.

Today, HPCL produces refined crude oil products from its refineries in Mumbai (with a capacity of 6.5
million metric tonnes per annum) and Visakhapatnam (with a capacity of 8.3 million metric tonnes per
annum). The Mumbai-headquartered oil and gas giant operates the second-largest petroleum products
pipeline network in the country.
6. Bharat Petroleum Corporation Limited
Industry: Oil and Gas

Revenue: $33.7 billion

Bharat Petroleum Corporation

Founded in 1976 through the takeover of Burmah-Shell Oil Storage and Distributing Company of India by
the Indian Government, Bharat Petroleum Corporation Limited (BPCL) has evolved to become the best
performing “Navratna” Public Sector Undertaking with a revenue of $33.7 billion. Bharat Petroleum
operates four different refineries: Mumbai Refinery (with a capacity of 13 million metric tonnes per
annum), Kochi Refineries (with a capacity of 9.5 million metric tonnes per annum), Bina Refinery (with a
capacity of 6 million metric per annum) and Numaligarh Refinery (with a capacity of 3 million metric
tonnes per annum).

In 2018, the oil and gas giant completed an expansion project to become the largest public sector
refinery in India.

5. Tata Motors
Industry: Motor Vehicles and Parts

Revenue: $42.5 billion

Tata Motors

A member of the Tata Group and headquartered in Mumbai, Tata Motors boasts a presence in 175
countries around the globe. The company’s product line-up includes an extensive range of cars, sports
utility vehicles, trucks, buses and defence vehicles. With a total of over 8.5 Tata-branded vehicles
worldwide, Tata Motors is Asia’s largest and the 17th-largest automobile manufacturing company in the
world.
Tata Motors’ R&D centres house Asia’s first anechoic chamber, India’s first full vehicle crash test facility
and the country’s only full climate test facility. The company’s Tata Hexa SUV won Family Car of the Year
at the 10th TopGear India Magazine Awards in 2018.

4. State Bank of India

Industry: Banking and Financial Services

Revenue: $43.2 billion

State Bank of India

State Bank of India (SBI) is the largest banking and financial services company in India, managing over
$300 billion in assets. The state-owned global bank is headquartered in Mumbai and operates over
14,000 branches in India with foreign offices in 36 countries. The bank traces its ancestry to British India,
making it the oldest commercial bank in the Indian subcontinent.

Recently, the bank announced its plan to go carbon neutral by 2030. The initiative will involve migrating
to electric vehicles, banning plastic in SEBI offices and the installation of solar panels on 250 buildings
and 12,000 ATMs.

3. Oil and Natural Gas Corporation Limited

Industry: Oil and Gas

Revenue: $47 billion

Oil and Natural Gas Corporation

Oil and Natural Gas Corporation (ONGC) is India’s largest crude oil and natural gas company, producing
approximately 70 per cent of the country’s domestic crude oil output. It was founded in 1956 as a state-
owned enterprise controlled by the Ministry of Petroleum and Natural Gas. ONGC ranks as the 18th-
largest energy company in the world.
ONGC is the only Indian public sector company to feature in Fortune’s Most Admired Energy Companies
list. Transparency International ranked it 26th for Transparency in Corporate Reporting among the
biggest publicly traded global companies.

2. Reliance Industries Limited

Industry: Conglomerate

Revenue: $57.9 billion

Reliance Industries

Reliance Industries Limited (RIL) is the largest private sector corporation in India. Headquartered in
Mumbai, the company operates across a number of lucrative industries including energy,
petrochemicals, textiles, natural resources, retail and telecommunications.

Its subsidiary, wireless service provider Reliance Jio, was ranked number one in India and number 17 in
the world by Fast Company in their 2018 Most Innovative Company list.

Reliance Industries’ energy division was recently ranked number three among the Top 250 Global Energy
Companies by S&P Global Platts. Reliance Industries is also an active driver of worker’s rights, winning
the Healthy Workplace Award of the Arogya World India Trust presented in collaboration with the Public
Health Foundation of India.

1. Indian Oil Corporation

Industry: Oil and Gas

Revenue: $59.9 billion

Indian Oil Corporation

Indian Oil Corporation is the largest company in India and the leader in the nation’s oil and gas industry.
Founded in 1959, Indian Oil has evolved into a global enterprise, with subsidiaries in Sri Lanka, Mauritius
and the United Arab Emirates. Its sights are set on venturing into new markets across Asia and Africa.

Indian Oil Corporation is the highest-ranked Indian company in the Fortune Global 500 listing, at the
137th position in 2018, and the number one petroleum trading company among the national oil
companies in the Asia-Pacific region. The company is ranked in the top 30 of India’s best companies to
work for and is the sixth most valued brand in India according to Brand Finance’s annual survey.

What Is a strategic asset allocation?

Strategic asset allocation is a portfollo

strategy that Involves setting target

allocations for various asset classes and

rebalancing periodically. The portfolio is

rebalanced to the original allocations when

they deviate significantly from the Initial

settings due to differing returns from the

various assets.

What is strategic asset allocation?

Strategic asset allocation involves defining

portfolio asset allocations from the outset

based on historical performance and volatility

data over a representative period. Managers

use significant resources to review these data,

focusing on the long-term risks and returns

within each asset class. When creating the

portfolio, managers establish an asset mix

based on the expected risk and return dynamics

of each asset class.

Managers adopting this strategy do not focus

on exploiting short-term valuation opportunities

brought on by a change in sentiment toward

different asset classes. They analyze the

performance of different assets over the long

term and build portfolios witha mix of assets

that could deliver the best possible outcome forgiven risk level. When using this strategy

asset allocations will only be changed where

there is a significant shlft in the long-term

outlook of any particular asset class.

Strategic asset allocation is for the long

view.Dennis Baish, senior investment

analyst at Fort Pitt Capital Group in

Pittsburgh, says that you expect to have

your strategic asset allocation target in

place for a long time possibly until

your risk tolerance levels change. An

investor on the cusp of retirement might

have a portfolio with a 50-50 mix of

stocks and bonds and rebalance it

periodically. Whereas a 35-year-old

investor would create a strategic asset

allocation with greater growth potential,

such as 80 percent stock and 20 percent

bonds.Strategic asset allocation looks more

at the overall risk objective of the

portfolio, and therefore takes a long-

term view. Tactical asset allocation is

a short to intermediate-term view that

looks for investment opportunities in

the market.

What Is Tactical Asset Allocation

(ТА)?
Tactical asset allocation is an active

management portfolio strategy that shifts the

percentage of assets held in various categories

to take advantage of market pricing anomalies

or strong market sectors. This strategy allows

portfolio managers to create extra value by

taking advantage of certain situations in the

marketplace. It is as a moderately active

strategy since managers return to the

portfolio's original strategic asset mix once

reaching the desired short-term profits.

Does tactical asset allocation work?

Tactical asset allocation (TAA) is an

investment style in which the three primary

asset classes (stocks, bonds and cash) are

actively balanced and adjusted. The ultimate

strategy of tactical asset allocation is to

maximize portfolio returns while keeping

market risk to a minimum, as compared to a

benchmark index. Dec 14, 2018How do you allocate a tactical asset?

Tactical asset allocation involves taking an

active stance on the strategic asset allocation

itself and adjusting long-term target weights

for a short period to capitalize on the market

or economic opportunities. Tactical shifts may

also come within an asset class. Jan 21, 2019

Tactical asset allocation

Used to develop short-term strategies to exploit changes in market

conditions

Offen viewed as a contrarian strategy

Assume asset class performance is mean-reverting

if stocks have performed above average relative to bonds

underweight stocks and overweight bonds for next period

Assume stocks will generate above average returns

overweight stocks

Practical issues

Frequency of rebalancing

Constraints on "swing component"

Tactical Asset Allocation (TAA)

Basics
To understand tactical asset allocation, cne

must first understand strategic asset

a ocation A portfolio manager may create an

vestor policy statement (UPS) to set the

strategic mix of assets for inclusion in the

client's holdings. The manager will look at

many factors such as the required rate of

return, acceptable risk levels, legal and

liquidity requirements, taxes, time horizon,

and unique investor circumstances.

The percentage of weighting that each asset

dass has over the long tem is known as the

strategic asset allocation. This allocation is the

mix of assets and weights that help an

investor reach their snecific gnals Thefollowing is a simple example of typical

portfolio allocation and the weight of each

asset class.

Cash= 109%

Bonds 35%

Stocks 45%

Commodities 10%

The Usefulness of Tactical Asset

Allocation

Tactical asset allocation is the process of

taking an active stance on the strategic asset

allocation itself and adjusting long-term target

weights for a short period to capitalize on the

market or economic opportunities. For

example, assume that data suggests that there

will be a substantial increase in demand for

commodities over the next 18 months. It may

be prudent for an investor to shift more

capital into that asset class to take advantage

of the opportunity. While the portfolio's

strategic allocation will remain the same, the

tactical allocation may then become:

Cash 5%

Bonds 35%

Stocks 45%

Commodities 15%

Tactical shifts may also come within an asset

class. Assume the 45% strategic allocation of

stocks consists of 30% large-cap and 15%

small-cap holdings. If the outlook for small-

cap stocks does not look favorable, it may be a

wise tactical decision to shift the allocation

within stocks to 40% large-cap and 5% small-

cap for a short time until conditions change.

Usually, tactical shifts range from 5% to 10%,

though they may be lower. In practice, it is

unusual to adjust any asset class by more than

10% tactically. This large adjustment would

show a fundamental problem with the

construction of the strategic asset allocation.Tactical asset allocation is different from

rebalancing a portfolio. During rebalancing,

trades are made to bring the portfolio back to

its desired strategic asset allocation. Tactical

asset allocation adjusts the strategic asset

allocation for a short time, with the intention

of reverting to the strategic allocation once

the short-term opportunities disappear.

KEY TAKEAWAYS
Tactical asset allocation involves
taking an active stance on the

strategic asset allocation itself and

adjusting long-term target weights

for a short period to capitalize on the

market or economic opportunities.

Tactical shifts may also come within

an asset class.

In a discretionary TAA, an investor

adjusts asset allocation, according to

market valuations of the changes in

the same market as the investment.

Types of Tactical Asset Allocation

TAA strategies may be either discretionary or

systematic, In a discretionary TAA, an investor

adjusts asset allocation, according to market

valuations of the changes in the same market

as the investment. An investor, with

substantial stock holdings, for instance,may

want to reduce these holdings if bonds are

expected to outperform stocks for a period.

Unlike stock picking, tactical asset allocation

involves judgments on entire markets or

sectors. Consequently, some investors

perceive TAA as supplemental to mutual

fund investing.
Conversely, a systematic tactical asset

allocation strategy uses a guantitative

investment model to take advantage

of inefficiencies or temporary imbalances

among different asset classes. These shifts use

a basis of known financial market anomalies,

or inefficiencies, backed by academic and

practitioner research.

What is the difference between strategic and

tactical asset allocation?

Strategic asset allocation looks more at the

overall risk objective of the portfolio, and

therefore takes a long-term view Tactical

asset allocation is a short to intermediate

term view that looks for investment

opportunities in the market.

Strategy

Many investors believe that by

merely diversifying one's assets to the

prescribed allocation model is going to

alleviate the need to exercise discretion in

choosing individual issues. It is a dangerous

fallacy. Investors that are not capable of

evaluating a business quantitatively or

qualitatively must make it absolutely clear to

their portfolio manager that they are

interested only in defensively selected

investments, regardless of age or wealth

level.

Managers seek to create an additional source

of return by adjusting the weightings between

asset classes. They aim to capitalize on short

to medium-term market inefficiencies by

managing Investors' exposure to the different

asset classes within an appropriate risk

framework. The resulting additional trading

costs must be recovered in additional galns for

the manager to outperform relative to a

strategic portfolio.

Tactical asset allocation is usually based on the

belief that markets are inefficient. It attempts to

capture incorrect asset class valuations to

generate a higher risk-adjusted return. Asset

allocations are dynamic by nature, so a

portfolio's risk level may change according to

the manager's views.

Strategic asset allocation is a target allocation of

asset classes you expect to have in place for a long

period of time. For example, an investor might have

a balanced portfolio of 50 percent stocks and 50

percent bonds. The target allocation is expected to

remain the same and the portfolio would be re-

balanced back to the appropriate allocation as

needed. Strategic asset allocation looks more at the

overall risk objective of the portfolio, and therefore

takes a long-term view.

Tactical asset allocation is a short to intermediate

term view that looks for investment opportunities in

the market. Tactical allocation might be that within

the 50 percent stocks part of the allocation, an

investor wants to own more in small-cap companies

than large-cap companies because small-caps are

seen as being a better investment opportunity right

now. When large-cap companies look more

attractive an investor might overweight, or put more

money into, large-caps and allocate less to small-

caps, Tactical allocation allows an investor to move

into and out of or overweight and underweight

certain areasof the market

Which strategy is better?
The answer to this question is hotly debated by

the advocates of each strategy, according to

Future Start Financial Planning. Both sides

agree that the overall strategic asset allocation

significantly affects the variability of returns

over the long term. However, they have

opposing views on how to manage that

allocation in the short term.

Advocates of strategic asset allocation argue

that, over the long term, the performance and

volatility of each asset class will remain

relatively constant and adjusting asset

weightings in the short to medium term will

equally as likely end in failure as in success.

Thus, they promote keeping the asset mix in

line with the investor's long-term goals and

striving to retain this blend through rebalancing.

Tactical asset allocation is driven by

market events. In contrast, tactical asset

allocation is an active investment

approach that attempts to capture

superior returns due to predicted

underlying shifts in market

fundamentals, opportunities or risks,

Welch says.

Despite pros and cons for both strategic

and tactical asset allocation, the latter is

the most difficult. With tactical asset

allocation you must get several things

right; when to move into a tactical asset

allocation, and when to readjust out of it.

"Add in that you must be right enough to

cover taxes and trading costs. It's an

This is the bottom line: Managers structure a

series of strategic and tactical portfolios to

achieve returns for varying risk levels. One style

will not necessarily provide a better return or

less volatility than the other over the long term.

The debate centres on the tactical manager's

ability to identify short to medium-term

inconsistencies in asset prices and exploit

them for the investor's benefit. It could mean

reducing a weighting in an asset class they

believe is overvalued and buying into an asset

class they think is undervalued or attractively

valued. The aim is to yield a risk-adjusted return

above that of strategic asset allocation.

Tactical managers strive to identify market

inefficiencies and make judgments that provide

opportunities to outperform. However, this

strategy involves significant ongoing research,

trading and other associated costs, which must

be recovered through additional portfolio gains

before managers can demonstrate

outperformance against a strategic portfolio.

Either strategy can be suitable for an investor

depending on personal preferences. Strategic

asset allocation may be right for those who

want to keep things simple and avoid the

additional costs that come with tactical asset

allocation. Meanwhile, the latter may appeal to

those who prefer to adopt a more active asset

allocation in their portfolio.

What Is Asset Allocation?
OA basic decision that every investor must make is how to distribute his or her

investable funds amongst the various asset classes available in the marketplace:

Stocks (e.g.. Large Cap. Small Cap)

Fixed-Income (e.g.. Government, Investment, High Yield)

Cash Equivalents (e.g. T-bills)

A litemative Assets (c.g, Private Equity, Hedge Funds)

Real Estate (e.g., Residential, Commercial)

The Strategic allocation is the proportion of wealth the investor decides to place in

cach of these asset classes. It is sometimes also referred to as the investor's long-

term normal allocation because it is presumed to be the "baseline" allocation that

will remain in place until the investor's life circumstances change appreciably.

The Strategic allocation is the proportion of wealth the investor decides to place in

cach of these asset classes. It is sometimes also referred to as the investor's long

term normal nllocation because it is presumed to be the "baseline" allocation that

will remain in place until the investor's life circumstances change appreciably.

The Asset Allocation Process

Define goals and time horizon

Assess your risk tolerance

Identify asset mix of current portfolio

Create target poitfolio (asset model)

Specifie investment selection

Review and rebalance portfolio

Insured asset allocation

Used to develop short-tem strategies to exploit changes in investor's

objectives and constraints

This is a portfolio insurance strategy

Assumes investors become more risk-tolerant as wealth

rises

if stocks have performed above average relative to bonds, overweight

stocks for next period

Assumes investors become less risk-tolerant as wealth falls

If stocks have performed poorly, underweight in next period

Practical issues

Frequency of rebalancing

LiquidityMajor Asset Classes

Large company growth stocks

Large company value stocks

Small company growth stocks

Small company value stocks

Mid cap growth stocks

Mid cap value stocks

Foreign stocks

Developed

Emerging

Bonds

Domestic

International

Real estate (e.g., REITS)

Cash assets (e.g., Treasury bills)

Factor to consider :-

Investment objective (e.g., retirement)

Time horizon for a goal (e.g., life expectancy for

retirement)

Amount of money you have to invest

Your risk tolerance and experience

Your age and net worth

7 Factors To Consider In Your Asset
Allocation Plan
1. Investment Horizon

In a general, your investments should

be matched with your need for the

money. A long term investment

horizon (more than 5 years) means

you can invest in assets such as

equities because you have time on

your side. A short term investment

horizon requires more stable and

liquid investments.

2. Risk Tolerance

It is common for the financial

industry to base your asset allocation

on risk capacity, risk tolerance, and

need for risk (how much return you

need). This is foolishness and has

caused many people to take too much

risk!

What is real risk? Risk is losing your

principal. Everyone should be

intolerant towards losing their

principal. You don't take more risk

just because you believe you need a

high return. That is how you lose

your money

The best course of action to high

returns is to invest more aggressively

when valuations are low. The best

approach to avoiding large portfolio

drawdowns is to bypass over valued

assets

Successful value investors use their

asset allocation plan to minimize risk

by only investing when the odds are

heavily in their favor. If you are

interested in delving deeper into the

subject, read my risk management

plan for value investors.post.

3. Diversification

Diversification is one of the most

important investing concepts, yet is

often used incorrectly. Under

diversification (i.e. owing only stocks,

or worse yet just one stock) can be a

catastrophic error, but over

diversification is a more common

mistake.
If an asset category is over priced

then you may need to hold more

cash. You should not purchase

expensive assets just for the sake of

diversification. There are mmany

disadvantages of diversification in

investing

Personally, I like to diversify my

portfolio between global income,

dividend growth, international

growth, and aggressive growth. I will

use the asset classes (Le. stocks,

bonds, cash, real estate) that offer the

best opportuníties based on

valuation!

4.Costs/Expenses

Keeping your costs /expenses low is

critical to long term success. The long

term real (after inflation) return for

stocks is 6.5%. A 1.5 % expense ratio

wipes out almost 25% of your

investment returns

Example:

100,000 investment for 30 years:

Assume return of 6.5%-1.5%

expenses

= 5% growth: $446,774

Assume return of 6.5%-0.5%

expenses 6% growth: $602,257

An extra 1% in expenses cost this

investor $155,483 over 30 years on a

$100,000 investment

5. Investment Vehicles

The type of investment vehicles you

choose can have a big impact on your

performance and your expenses

There are many advantages to

sticking with Individual stocks and

bonds and complementing them with

a few Exchange Traded Funds (ETFS).

Keeping expenses low means

avoiding products with high

commissions and/or high

management fees.

6. Rebalancing

Portfolio rebalancing.and weighting

are potent risk management

strategies. Sustaining a vigilant watch

oyer the valuations of your holdings

adjustments to optimize your

probabilities.

7. Guidance

Most of us do better with some

guidance. Even legendary investor

Warren Buffet has Charlie Munger.

Find an individual or service that

corresponds with your philosophy

and beliefs.
Portfolio made during summer training on 30 th
sep. 2019

Auto :
Maruti suzuki ltd. - 4 %
Tata motors. -. 5%

Auto ancillaries :
Motherson sumi system ltd. - 3%

Bank:
Hdfc bank ltd. - 10%
Icici bank - 5%
Sbi - 3%
Pnb - 1%

Cement
Ultratech ltd - 2%
Chemical :
Pidilite industries Ltd. - 3%

Consumer durable
Titan company ltd. - 3%

Consumer non-durable :
ITC ltd. - 4%
HUL. - 4%
Asian paints - 2%
Nestle india - 1%

Ferrous metal

Tata steel - 2 %

Finance
Hdfc ltd - 4%
Bajaj finance - 2%
Shriram transport finance co. Ltd. - 1%

Gas
Gail ltd - 2%

Industrial capital good

Siemens ltd - 1%

Mining
Coal india ltd. - 2%

Non ferrous metal

Hindalco - 1%
Vedanta - 1%

Oil
ONGC - 2%
PETROLEUM PRODUCT
reliance industries Ltd -5%
Bpcl - 2%
Bpcl - 1%
Pharmaceutical
Cipla ltd. - 2%
Sun pharmaceutical industries Ltd - 1%
Dr. Reddy laboratories ltd. - 1%
Lupin - .5%
Piramal enterprises - .5%

Power
Power grid corporation of india - 1%

Retailing
Avenue supermarket ltd. - 1%
Software
Infosys - 2%
TCS - 2%

Telecom
Bharti airtel - 1%

Textile
Page industries Ltd - 2%

Transportation
Adani port and special economic zone ltd - 3%
Inter globe aviation ltd - 3%

Cash and cash equivalent - 5%

Depiction of
profit or loss
made in my
own portfolio
Share name Weightage in Price on 30 th Price on 14th Profit or loss Net increase or
portfoli september november percentage decrease in
2019 portfolio

Maruti suzuki 4 6700 7250

ltd

Tata motors 5 120 167

Motherson 3 105 135

sumi system ltd

Hdfc bank ltd 10 1230 1270

Icici bank ltd 5 430 495

Sbi 3 270 310

Pnb 1 62 60

Ultratech ltd 2 4330 4000

Pidilite 3 1440 1340

industries Ltd

Titan company 3 1270 1170

ltd

ITC ltd 4 260 255

Hul 4 1980 2070

Asian paints 2 1760 1775

Nestle india 1 13900 14200

Tata steel 2 360 395

Bajaj finance 2 4050 4200

Shriram 1 1070 1130

transport
finance co ltd

Gail ltd. 2 135 120

Siemens ltd 1 1515 1610

Coal india ltd 2 200 202

Hindalco 1 190 190

Vedanta 1 154 145

Ongc 2 132 136

Reliance 5 1330 1470

industries Ltd

Bpcl 2 470 515

Hpcl 1 300 285

Cipla ltd 2 425 450

Sun 1 390 410

pharmaceutical
industries Ltd

Dr reddy 1 2700 2735

laboratories ltd

Lupin .5 715 740

Piramal .5 1630 1770

enterprises

Power grid 1 200 190

corporation of
india

Avenue 1 1860 1935

supermarket
ltd

Infosys 2 805 705

Tcs 2 2100 2190

Bharti airtel 1 367 367

Page industries 2 22000 23700

Ltd

Adani port and 3 415 370

special
economic zone
ltd

Inter globe 3 1890 1520

aviation ltd

Hdfc life 4 600 585

insurance ltd