Fund managers remain invested

Ajay Parmar
Ajay Parmar’s portfolio value increased 1.7 per cent to Rs 10.93 lakh. Overall, his net worth appreciated 9.3 per cent. Out of his 22 investments, 10 are trading above his cost price. Importantly, 9 out of his top 10 holdings are in profit. His top picks include: Unichem Laboratories, Natco Pharma (both bought on September 6), Chambal Fertilisers, eClerx Services and Aurobindo Pharma — all up over 20 per cent. Barring Aurobindo Pharma, he has invested over Rs 50,000 in each of his other top picks. LIC Housing Finance, Manali Petrochemical, Gitanjali Gems and Zuari Industries are the top laggards, down 12-21 per cent each.
 

Ajay Parmar, Head Research Institutional Equities, Emkay
Top Holdings	Cost  price (Rs )	Current  price (Rs )	Value (Rs  lakh)
Unichem Labs	185.98	250.10	1.25
Natco Pharma	291.03	348.05	0.96
Chambal Ferts	75.38	92.15	0.74
eClerx Services	546.00	721.45	0.72
Bajaj Auto	1485.45	1574.30	0.55
Total investments			10.84
Cash			0.09
Net worth			10.93

Shishir Bajpai
Shishir Bajpai exited from Websol Energy for a loss of 8.2 per cent and entered Alok Industries, which has so far appreciated 4 per cent from his cost price. Bajpai, too, is fully invested and holds 14 stocks in his portfolio. Apollo Tyres, up 11.5 per cent from his cost price, was the top performer for him, followed by Tata Motors. One notable feature of his portfolio is the regular churning. His oldest investment dates back to October 28, which was Orchid Chemicals. Bajpai saw a net gain of 3.4 per cent in his net worth of Rs 13.17 lakh this week.
 

Shishir Bajpai, Senior Vice President, IIFL Private Wealth
Top Holdings	Cost  price (Rs )	Current  price (Rs )	Value (Rs  lakh)
Tata Motors	1227.80	1320.15	1.32
Reliance Inds	1113.25	1011.15	1.21
Selan Explorations	401.05	404.05	1.21
Apollo Tyres	64.25	71.65	1.07
Microsec Fin	89.97	68.85	1.03
Total investments			13.16
Cash			0.00
Net worth			13.16

Siddarth Bhamre
Siddarth Bhamre exited from MphasiS for a loss of 6 per cent and bought 100 shares of Bombay Dyeing this week. Bhamre’s portfolio comprises 19 stocks. The major laggards were Hindustan Construction, JK Tyre and Electrosteel Castings. The oldest stock in his portfolio is Finolex Cables, which he bought on Sept. 17 and is down over 7 per cent from his cost price. Bhamre’s portfolio is valued at Rs 10.05 lakh. It has recovered from the sub-Rs10-lakh levels on the back of 2.3 per cent appreciation this week.
 

Siddarth Bhamre, Head-Equity Derivatives, Angel Broking
Top Holdings	Cost  price (Rs )	Current  price (Rs )	Value (Rs  lakh)
Great Offshore	379.20	387.25	0.77
Reliance Inds	1034.60	1011.15	0.76
CESC	372.75	370.80	0.74
Aban Offshore	809.00	755.55	0.60
Bombay Dyeing	541.95	565.55	0.57
Total investments			9.81
Cash			0.24
Net worth			10.05

Vinay Khattar
Vinay Khattar was holding cash of Rs 2.10 lakh at the end of the previous week, of which he deployed Rs 2.04 lakh this week. He exited from Bata India for a loss of 10.2 per cent on his investment and has now bought Hindustan Construction, Thermax and Shree Renuka Sugars. Khattar, too, has revamped his entire portfolio off late. His oldest buy was Bharti Airtel on November 18. This week, his net worth appreciated 1.2 per cent to Rs 10.25 lakh. His cash levels have dropped to Rs 6,000.
 

Vinay Khattar, Head – Research of WAIS, Edelweiss
Top Holdings	Cost  price (Rs )	Current