Market have largely remained flat in the month of June as global trade fear continued to linger. Overall, BSE 100 benchmark returns have cooled off to 10% in the past 1 year. We have added 8 new stocks in the top picks – Bata, JSPL, Amber, Shriram Transport, RBL bank, Aurobindo Pharma, Yes bank and GMM Pfaudler in our top pick as the recent correction has provided attractive opportunity in this stocks. We have booked out of LT foods, Navkar corporation during the month. Overall, our top picks have generated a total return of 58.9% since
inception (i.e. October 2015), an outperformance of 24.5% over BSE 100.
We recommend our top picks as the good bets to utilize this opportunity which are offering healthy returns in the next 1 year. All of our top picks are backed by sound
business model and are likely to do well in coming years. We remain overweight on discretionary consumption theme with stocks like Safari Industries, Bata, Blue Star and Parag Milk Foods. Overall, our top picks have generated a total return of 58.9% since inception (i.e. October 2015), an outperformance of 24.5% over BSE 100.
