Mutual Fund stops 28.08.20

Stops in Pharma Funds are getting tight, need to cautious on those investments. On the other hand, as the broad market is getting into further bullish strength, all other funds are doing good, adding more profits as well locking them too.

With the breadth in the markets moving into many sectors along with Pharma, IT, Auto, Metals. Now Power and Finance sectors have turned bullish. This broad strength in the markets is likely to take the indices to their new high’s. It is good time to be invested in Equities. More exposure to Mid and Small caps would be a good option as these segments are likely to give higher returns.

Strong performance from KEI

On 11th September 2017, after a weak Friday, our portfolio bounced back. This time the super star was KEI, this company is in the power cables business, we have been holding this stock since July 2016. It was added into our portfolio when the price was at 128 levels. last week we increased exposure by 1%, through the value addition the current exposure in the stock is 3% on our portfolio.

KEI Logo

KEI is likely to be a big beneficiary of the Governments growth plans. There was news in the media that the company will have  very good FY19 numbers. Not withstanding the news, as we need our system to approve of holding or increasing exposure to any stock in our portfolio, following the result numbers, KEI moved up in our ranking tables.

Gave us permission to add exposure. And today the stock is up 18%, helping us outperform all the benchmarks for the day. The system has allowed us to have higher exposure at the right time. A very good experience being invested in this stock.

 

The profits in the first entry exposure is now tax free as the investment crossed the 1 year mark and along with those gains we have also received dividends from the company.