In the last 30 days our portfolio outperformed the Nifty with a positive gain of 3.10% while the index had -0.60% returns. This was possible because of the good performance the fundamentally strong stocks had along with the new companies that came into our portfolio.
We have added companies from the Paper and Sugar sector into our portfolio. The coincidence here is that, Sugar & Paper are complementary products. As the consumption of Sugar is increasing so it paper, is that true? Don’t know if it is true, while the balance sheet numbers are saying that, both the sectors are gaining leadership among other sectors. Presently we have exposure of 3% each into both the sectors.
Along with the above sectors, financial sector, predominantly the NBFC’s have done pretty well and have helped us have out performance. With new stocks getting added to the portfolio, we look forward to have strong performance in the months to come.