Playing the Fund Manager I

Finally I took the plunge, bit the bait and put some money to watch the bulls and bears fight!

I want to put to test the theories which I have learnt in the classroom and by word of mouth from the market gurus.


Background and Philosophy

I am starting with a corpus of INR 100k with two asset classes to choose from: Equity and Cash. As time passes, I would choose more asset classes and perhaps more scrips and instruments within the asset class.  I am a salaried individual and thus have a limited cash flow. I am planning to invest 5-10k per month depending on the market and other personal conditions. I have access to a live terminal during my work hours with the portfolio on the screen (Perks of the job!). I would adhere to the philosophy of buy low and sell high.

Equity: These would include, but are not limited to equity shares.

Cash: The most liquid asset, forms a vital part of the portfolio. It would also enable me to build up my portfolio if I have a certain view of the market.

During the course of my journey I would also be tabulating results and publish my anaylsis.

Looking forward to the thrills and spills of the market!