Here comes the monthly update on #SadhanPortfolio for April 2021. We had seen good returns, thanks to few cyclicals in the portfolio.I have added 3 NEW stocks in the portfolio:
- SAIL (Riding the Steel Cycle, Steel manufacturing with Fully Owned Mines)
- JSW Steel(Riding the Steel Cycle, Steel manufacturing with 51% ore supply from owned Mines, Attractive product mix, Good Promoter )
- Borosil Renewables ( Watch the video to know the rationale)
I have kept my erstwhile portfolio unchanged meaning “No Selling” in April 2021.
My average Holding period is 144 days (~5 months) in which I generated 48% Absolute Return. During the same period NIFTY have moved from 13109 to 14630 that means 16% absolute return. So #SadhanPortfolio have beaten the market by 32% in past 5 months.I have improved my performance from 92% IRR to 123% IRR.
You can find further details below
I have added Bajaj Finance performance in the portfolio post my video here
The Main driver of the return have been 3 sectors deppicted below:
Just to elaborate on Metals performance you can seen the below pic: