Welcome to the 10th Issue of this Investing Newsletter !
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)
My average Holding period is 144 days (~5 months) which 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