Market continue to rebound in the month of August after posting couple of subdued months till July. Overall, BSE 100 benchmark returns have perked upto 14.5% in the past 1 year. We have added 3 new stocks in the month of August namely- TTK Prestige, Inox Wind and Ashok Leyland while we booked out one stock- matrimony.com. Overall, our top picks have generated a total return of 74% since inception (i.e. October 2015), an outperformance of 28% over BSE100.
Top picks’ overview: 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, TTK Prestige, Bata, Blue Star and Parag Milk Foods.
