Interesting points about Portfolio
Hitesh Doshi is one of the top investors of India. He has invested more than 100 crores in stock market making him one of the top invested person in Indian stock market.
The ace investor has created interesting portfolio.Below are some interesting points about Portfolio of Hitesh Doshi.
No Mainstream Sector Present
The portfolio lacks presence of any main stream sectors like Financials like Public and Private sector banks or Insurance companies, Oil and Gas and Automobile or Auto ancillary sectors.
These sectors dominates the Nifty index. As we have seen with other top investors the same is true with him as well. He has also neglected the popular sector.
Centric Portfolio
The portfolio is completely centric. Normally a portfolio consisting of around 15 to 25 companies is considered as ideal as many purist. But this portfolio consist of only 5 companies in total.
Anything below 10 will be considered as highly concentrated portfolio. As per percent allocation in the portfolio will be more than 10% which is considered good by most investors.
Investment Strategy as per Portfolio
The investment strategy of any investor is tough to find out but the stock picks and portfolio size does tells lot of things about the investor thought process and style of investing. We can take a educated guess about the investor based on the portfolio he has created.
Evergreen Cyclic Sectors
Sugar and Textiles are considered as Evergreen sector. Both the products will be in use for the time being. Also these two sectors are cyclic as well. The ace investor have shown faith on these two sectors in his centric portfolio.
We have seen in past that many top investors have stocks from these two sectors in their portfolio. However retail investors do overlook these two sectors and often neglect them while creating portfolio.
One Sector One Company
The Portfolio follows one sector one company rule. It has stocks from different sectors in portfolio. He has picked only one stock per sector. So that means portfolio is completely diversified based on sectors as well as stocks.
The stocks he has picked is different in nature and business. So there is no preference to any sector or Company.
Conclusion
The portfolio of ace investor have only five Companies in it. Thus making it very centric in nature. One should have utmost faith in the Company and his own analysis. Then only in that condition it can create a very centric portfolio as his.
It will be an interesting analysis. Retail investors should go through the Companies in his portfolio so that they can get an idea about his investment.