Portfolio update- Year 1

Yay!!! It's been a year since the dummy portfolio started. (view here)

I was supposed to check the portfolio at the end of 11th month, although didn't do so. Sensex is up nearly 40% over 1 year period, hence, there was no point in looking at the stocks after 11 months. Now that its been over a year, bringing the portfolio in order is necessary.

So the results are as following.

Stocks	Purchase Date	Total Cost (Rs.)	Market Value (Rs.)	Long Term Unrealised Gain (Rs.)	Returns (absolute)
Balmer Lawrie & Co.	Feb 14, 2014	2985.35	6049.5	3064.15	102.64
Cyient	Feb 14, 2014	3158.06	4937.4	1779.34	56.34
Engineers India	Feb 14, 2014	3069.27	4266	1196.73	38.99
India Motor Part & Accessories	Feb 14, 2014	2954.7	4698.05	1743.35	59.00
India Nippon Electricals	Feb 14, 2014	2989.88	7206.3	4216.43	141.02
Kirloskar Industries	Feb 14, 2014	3135.6	7280	4144.4	132.17
Total: Stocks		18292.86	34437.25	16144.39	88.26
Mutual Funds
ICICI Pru Liquid Plan Direct -G	Feb 14, 2014	6500.01	7103.39	0

The stock portfolio gave a returns of 88.26%.

Action points.

For this dummy portfolio, I would let Balmer Lawrie & Co., Cyient and Engineers India stay in the portfolio. And register the profits in the other stocks -- India Motor Part & Accessories, India Nippon Electricals and Kirloskar Industries.

The rationale is simple, I don't have the time to research each stock at the moment and don't have any access to data set on fingertips to be able to check the valuation part.

Anyways, the rationale of letting the three stocks and when to take a call on them is given below.

1. Balmer Lawrie & Co.: A regular dividend company, bought at the right price. The downside risk is limited, hence unless there is no idea and lack of funds, should let the stock remain in the portfolio. 
2. Cyient: A technology company, which works in the niche space. Check if it gives regular dividend and then let it stay in the portfolio. For a defensive investor either book all profits or partially. 
3. Engineers India: For this stock take a call after the budget. 

So what happens to the money from the sale of stocks? Invest either in liquid fund (as done in this dummy portfolios case) or a high quality large-cap fund (UTI Equity).

Keep checking for updates on when I decide to add stocks to this dummy portfolio. 

p.s.This is just the first year and markets were just too good. It takes a 3 years at the least to fig out if there is any skill.