I reshuffled my portfolio for December 2020 and equally invested the amount in following stocks:
1. State Bank of India
2. ONGC
3. BPCL
4. ITC Limited
5. United Phosphorus Limited
6. IOC
7. GAIL
8. Power Grid Corporation Limited
9. Coal India
10. SBI Life
Strategy gave a 7.5% return as against market at 7%. At the end of the year I had accumulated 80% return from the strategy whereas NIFTY was up 51%. That is a massive 29% outperformance. I was doing well and it seems that the laggards were running out of gas. Probably I will have to switch to winners come April. Winners were underperforming the market as they gave just 46% return till the year end.
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