'Should I hold, add or exit?'
Ajit Mishra, vice president, Research, Religare Broking, answers your queries:
Sheik Siddiq Hydroos: Please advise your recommendations for the following portfolio:
Ajit Mishra:
G Bothra: Kindly let me know what to do next as I am suffering huge losses.
Ajit Mishra: Exit all the above stocks and invest in a staggered manner in stocks such as Britannia, M&M, V-Guard, Crompton Consumer, J K Lakshmi, Berger Paints and Kajaria Ceramics.
SR Nagesh: Please let me know your thoughts on my portfolio.
Thank you.
Ajit Mishra:
Tulasi Das: I am 40 years old. Am planning to invest Rs 50,000 per month.
Can you suggest which stocks I should invest in?
Ajit Mishra: Invest in staggered manner in stocks such as Britannia, M&M, V-Guard, Crompton Consumer, J K Lakshmi, Berger Paints, Axis Bank, ICICI Bank, Whirlpool, Polycab and Kajaria Ceramics.
Sharan Bidar: I have invested in Airtel and Indian Bank.
Please let me know if I should hold, add or exit them. Thanks.
Ajit Mishra: Hold and add Airtel on dips and exit Indian Bank.
Arup Banerjee: I had invested Rs 8,000 in Ujjivan Bank and Rs 20,000 in IRCON and holding for above one year.
Please advise whether to exit or hold.
Ajit Mishra: Exit both the stocks.
MJ: I am fairly new to investment and capital markets.
Can't figure out best investment options but would like to make a start.
I want to invest in the short term (12-18 months), mid term (24-30 months) and long term (max 36 months) with wealth creation in mind.
I am looking at portfolio management services (PMS) as the best option, like White Oak, Marcellus, Abakkus, etc...
Which one would you suggest for an overall 15 to 20 per return year-on-year? Fifty per cent equity exposure is okay.
Appreciate your advice. I don't want to go for retail investment of five MFs, five SIPs, etc. I don't have the time and energy to manage that.
Ajit Mishra: I am not closely following the performance of PMS schemes so I can't comment on the above-mentioned names.
In response to your second question, the combination of asset classes (equity, debt and gold) in your portfolio can be best judged based on your risk appetite and return expectation.
Gurumurti Natarajan: Dear Sir, I'd deeply appreciate your kind inputs on my portfolio as well as any other suggestions/recommendations.
Please advise on the following scrips; many thanks for your time, effort and inputs.
Ajit Mishra:
Ramesh Kumar Kamboj: I have following scrips. Have mentioned their quantity and purchase price.
Please guide for selling, shifting or adding to these.
Ajit Mishra:
Himanshu H Shah: I have following shares in my portfolio.
I am 60 years old and a medium to long term investor.
Please advise what I should do.
I also have surplus retirement funds of about Rs 50 lakhs.
What would be the best avenue to invest?
Ajit Mishra:
You can further invest in a mix of equity, bonds, ETF and gold.
Ravindra Raj Mehta: I am holding 200 shares each of Nahar Poly Film and Nahar Spinning for last 20 years.
I got these shares out of conversion of Nahar Export shares.
I do not remember the cost of acquisition.
I need to have your valuable advice on these shares and their future prospects.
As such, I am holding these for last 20 years and am not in hurry.
Ajit Mishra: Exit all the stocks.
Shrikant: Please suggest for the below shares.
Ajit Mishra:
Please mail your questions to getahead@rediff.co.in with the subject line 'Ask Ajit', along with your name, and Mr Ajit Mishra will offer his unbiased views.
Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.
Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.
Feature Presentation: Ashish Narsale/ Rediff.com
