| A subdued week |
| Rex Cano / Mumbai May 14, 2010, 0:30 IST |
Despite the overall volatility, it was a rather subdued week for Smart Portfolios — both in terms of returns as well as fund manager participation. The benchmark Smart Portfolios S&P CNX 500 index net worth grew marginally 0.8 per cent to Rs 11.17 lakh from Rs 11.08 lakh in the last five trading days. The benchmark's net worth is now up 11.7 per cent since the inception of Smart Portfolios on September 1, 2009. Ajay Parmar and Amar Ambani continue to outperform the benchmark.
Ajay Parmar
Head, Research (Institutional Equities) Emkay
Ajay Parmar executed two trades, both on the buy side. He bought Zylog Systems and Greaves Cotton for a consideration of Rs 1.46 lakh. He now holds 19 stocks in his portfolio, of which Lupin and Greaves Cotton hold the highest weightage, while Deccan Chronicle and Excel Crop the least. In terms of returns, Rallis India and Cadila Healthcare are his best picks, while Aban Offshore and South Indian Bank the worst. Parmar's net worth moved up a tad to Rs 13.44 lakh from Rs 13.43 lakh on May 6.
| Top Holdings | % of assets | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Lupin | 5.36 | 1510.25 | 1800.60 | 0.72 |
| Greaves Cotton | 5.34 | 371.95 | 358.60 | 0.72 |
| Zylog System | 5.12 | 478.20 | 459.10 | 0.69 |
| Lakshmi Mach | 5.08 | 2062.05 | 1952.50 | 0.68 |
| Cadila Health | 5.06 | 480.68 | 606.75 | 0.68 |
| Total investments | 71.03 | 9.55 | ||
| Cash | 28.97 | 3.89 | ||
| Net worth | 13.44 |
Amar Ambani
Vice President (Research), India Infoline
Amar Ambani was the sole active fund manager, with as many as 21 trades. His fresh buys include IFCI, Bata India, Polaris, IDFC and Kotak Mahindra. Ambani holds 24 stocks in his portfolio, MRF and Hikal hold the highest weightage in his portfolio, while Reliance Natural Resources and Banco Products the least. Bajaj Finserve and Zuari are the top performers, and Reliance Natural Resources and Suzlon the worst. His net worth declined by almost one per cent to Rs 13.79 lakh from Rs 13.92 lakh.
| Top Holdings | % of assets | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| MRF | 4.13 | 6335.00 | 7127.30 | 0.57 |
| Hikal | 3.55 | 377.00 | 376.65 | 0.49 |
| Bajaj Finserve | 3.34 | 358.00 | 511.85 | 0.46 |
| ICSA India | 3.19 | 141.40 | 146.60 | 0.44 |
| Suzlon | 3.15 | 72.75 | 66.80 | 0.43 |
| Total investments | 64.21 | 8.86 | ||
| Cash | 35.79 | 4.94 | ||
| Net worth | 13.79 | |||
| Returns (%) | 37.92 |
Vinay Khattar
Head - Research of WAIS, Edelweiss
Vinay Khattar's net worth remained unchanged at Rs 11.58 lakh. He, however, has raised his cash levels to a whopping Rs 9.66 lakh. He executed two trades last week, one on each side and was a net seller of stocks worth Rs 40,000. Khattar holds seven stocks in his portfolio, of which Havells has the maximum funds, while Techno Electric the least. Escorts is the top performer and Aries Agro is the laggard.
| Top Holdings | % of assets | Cost price (Rs) | Current price (Rs) | Value (Rs lakh) |
| Havells India | 4.50 | 563.17 | 612.40 | 0.52 |
| Aries Agro | 3.11 | 126.23 | 118.00 | 0.36 |
| Rallis India | 2.68 | 1454.75 | 1550.45 | 0.31 |
| Escorts | 2.11 | 166.44 | 195.25 | 0.24 |
| Sabero Org | 2.05 | 80.45 | 79.30 | 0.24 |
| Total investments | 16.55 | 1.92 | ||
| Cash | 83.45 |