Ask Ajit: ‘Want to invest Rs 2 lakhs, please advise’

‘Can you suggest a list of stocks which will give good results in the long term?’

Ajit Mishra, vice president, Research, Religare Broking, answers your queries.

Ashutosh Joshi: I am 43 years old and have been mainly investing in mutual funds since about 10 years.

I have built up a good portfolio and booked profit in some of my MF holdings.

I now want to invest this profit amount (around Rs 2 lakhs) in stocks.

Can you suggest a list of stocks which will give good results in the long term (5 years plus).

I would also like to systematically invest around 10K per month in stocks of companies with good fundamentals for a long term portfolio buildup.

Ajit Mishra: You can invest in stocks such as Britannia, Coromandel International, Kansai Nerolac, Orient Electric, Metropolis, Maruti, M&M, Phillips Carbon, Ramco Cements, ICICI Bank and SBI for the long term.

 

Srinivasa: I have 100 shares @ Rs 315 in PNC Infratech. Should I hold/sell?

Ajit Mishra: Hold.

 

Geetha Vijayakumar: I have 10 shares of Maruti Suzuki @ Rs 6,900. Please advise.

Ajit Mishra: Hold for long term.

 

Anuj Jain: Hello Sir, I am a regular reader of your column and find it very helpful.

Kindly advise regarding following shares in my portfolio.

Ajit Mishra:

 

Vikash Mishra: Please advise as to whether I should exit, add or hold.

Is it advisable to invest small amounts in such a large number of shares?

My investment is nearly Rs 12 lakhs.

My list of shares is as follows:

Ajit Mishra:

 

Ganapathi Kamath: I have the below shares along with average price. Please advise whether I should average further or exit:

Ajit Mishra:

 

Hemang Diljun: Need feedback on the following stocks:

Ajit Mishra:

 

AMIT KUMAR: Please guide about the following share investments. Also suggest some scripts for 5-10 years horizon.

Ajit Mishra:

 

Harshit Dave: I hope you are well. I hold shares in RIL, Tata Motors, Infosys, L&T, SBI, HDFC Bank for long term.

My outlook is long term in span of 10-15 years, but I am looking for your advice about the following shares in my portfolio which is causing confusion to me (to hold or sell or average out):

Ajit Mishra:

 

Jaydeb Das: I am a senior citizen. I have started investing during last eight months.

Following are my holdings. Please advise what to do; if to hold, for how many months?

Ajit Mishra:

 

Balakrishnan Ramamoorthy: I am holding 400 shares of Adani Ports bought at Rs 716 per share. Please advice

Ajit Mishra: Book partial profit.

 

Please mail your questions to [email protected] with the subject line ‘Ask Ajit’, along with your name, and Mr Ajit Mishra will offer his unbiased views.

Disclaimer: This article is meant for information purposes only. This article and information do not constitute a distribution, an endorsement, an investment advice, an offer to buy or sell or the solicitation of an offer to buy or sell any securities/schemes or any other financial products/investment products mentioned in this QnA or an attempt to influence the opinion or behaviour of the investors/recipients.

Any use of the information/any investment and investment related decisions of the investors/recipients are at their sole discretion and risk. Any advice herein is made on a general basis and does not take into account the specific investment objectives of the specific person or group of persons. Opinions expressed herein are subject to change without notice.

Feature Presentation: Ashish Narsale/ Rediff.com

Source: Read Full Article