Booked profits in couple of names and allocated the released capital to average some of the existing one and also bought couple of new scrips. The net portfolio at cost stands increased to little over Rs. 2.02 lakhs.
The model portfolio will complete it's 2nd year on 21st March and we will gauge the performance of the portfolio at market value on that date.
In case you are on the blog for the first time, we started the model portfolio exercise (the first of its kind in India) on 21st March 2013 with a sum of Rs.1 lakh in order to help small investors in understanding the stock selection and portfolio diversification. Also many investors follow this model portfolio closely and buy and sell stocks based on the portfolio action.