Just perused the Model Equity Portfolio for India that Reliance Equities International has launched.It’s been authored by their Head of Research
Excited to know what’s in it ! ?…more so after I tell you that the Report is titled ‘Boom and Bust’ with the tagline ‘Resistance is Futile’ !?
Turned out to be a Dampener really…no Originality at all ! …very unReliance like ! if I can say so !
The Portfolio has got 36 scrips chosen with the following criteria
The benchmark is the Sensex
No one scrip should weigh more than 10% of the Portfolio
Those scrips that weigh individually more than 5% of the portfolio should not collectively weigh more than 40% of the Portfolio
Liquidity in the Scrip must be there and the threshold is an average weekly trading volume of 4 lakh shares in the scrip
Sector Allocation done on basis of current view which is Overweight on Energy,Materials,Consumer Discretionary and Healthcare and Underweight on Consumer Staples,Telecommunication and Utilities and Marketweight on Industrials,Information Technology and Financials