While the Sensex and the Nifty cross the decisive level of 40,000 and 12,000, respectively, experts believe that the selection of shares at the prevailing level is an important factor, considering the high valuation. Looking at the portfolio manager is a way to find the stock at the current level. We have studied the portfolio of Life Insurance Corporation of India (LIC), which is becoming India's largest domestic investor company in the last four quarters.
Data from securities suggest that there are ten such high quality stocks in which LIC has consistently increased its stake for the last one year. These include Asian Paints, Britannia Industries, Castrol India, CRISIL, Hindustan Unilever, ICRA, Indiabulls Housing Finance, Indraprastha Gas, Hygiene & Health and UltraTech Cement. Most companies on this list have grown more than the industry's growth rates and have a strong position. So experts recommend scrolling them into your portfolio.
Investors should always think independently and should not imitate the blindness of any foreign or domestic institutional investor or super investor. Asian Paints, HUL and Britannia and P & G Secure Investments from the above list, which can be reducing if the portfolio is limited, said Bonanza Portfolio Fund Manager Pritam Dioscourier.
Not only 10, seven stocks have given a positive return in last year, Britannia has increased 55% in the last one year, followed by Hindustan Unilever (51%) and Asian Paints (23%). While Ikra, Crisil and Castrol India have experienced an 18% reduction in the last one year. Each of the above companies has shown consistently good growth in the last 5-6 quarters of the industry, increasing the operational efficiency and improving margins. Ashish Matlawala, senior analyst at SSG Finance and Securities, said.
