Or better still be, your own fund manager. We have made both these options possible with our interactive query Portfolio Analyser.
A lot of equity fund investors don't rally have an idea about their fund manager's strategy. They don't know which stock he has been entering/exiting month on month. The reason why investors haven't been able to keep tabs on their fund manager is because they don't have a portfolio history that enables them to ascertain whether the fund manager has a strategy in place or whether he is only timing the market. There is also another category of investors who don't invest through a fund manager, rather they invest on their own. However, they do like to see what the popular fund managers are buying/selling just to be certain of their own investments.
We have recognised the need to track an equity fund manager's historical portfolios and have devised an interactive query to meet that need. By way of illustration, we have outlined below one particular Zurich India Equity Fund.
| COMPANY |
OCT |
SEP |
JUL |
MAY |
JAN |
| ACC |
4.9% |
6.4% |
5.1% |
6.7% |
- |
| ALBERG SOFTWARE |
- |
- |
- |
0.1% |
0.5% |
| ASHOK LEYLAND |
5.7% |
6.3% |
6.1% |
6.6% |
2.9% |
| BHARAT HEAVY ELECTRICALS |
5.6% |
6.5% |
8.4% |
10.3% |
- |
| BPCL |
5.4% |
6.6% |
7.7% |
7.5% |
9.1% |
| CIPLA |
5.2% |
7.6% |
8.9% |
9.7% |
- |
| DIGITAL EQUIPMENT INDIA |
- |
- |
5.2% |
- |
2.6% |
| DR. REDDY'S LABORATORIES |
8.7% |
9.0% |
20.9% |
3.9% |
- |
| GRASIM INDUSTRIES |
5.6% |
7.7% |
9.3% |
9.3% |
- |
| HCL TECHNOLOGIES |
4.0% |
- |
- |
- |
- |
| HIMATSINGKA SEIDE |
- |
- |
- |
- |
1.8% |
| HINDUSTAN LEVER |
1.1% |
1.2% |
1.3% |
2.2% |
5.0% |
| HUGHES SOFTWARE |
2.6% |
- |
7.0% |
8.7% |
- |
| I.T.C. |
8.4% |
- |
- |
- |
9.3% |
| INFOSYS TECHNOLOGIES |
- |
- |
- |
8.3% |
3.5% |
| MACMILLAN INDIA |
1.6% |
2.5% |
2.5% |
2.3% |
2.7% |
| NIIT |
- |
- |
- |
- |
9.2% |
| NONE |
- |
- |
0.0% |
- |
- |
| PFIZER |
- |
- |
- |
- |
3.8% |
| RANBAXY LABORATORIES |
8.8% |
7.7% |
- |
- |
- |
| RAYMOND |
- |
- |
- |
- |
13.2% |
| SATYAM COMPUTER SERVICES |
1.7% |
- |
3.2% |
8.4% |
5.3% |
| SMITHKLINE BEECHAM |
3.3% |
4.1% |
- |
- |
- |
| SSI |
- |
- |
- |
- |
3.0% |
| SUN PHARMA |
1.4% |
- |
- |
- |
- |
| SWARAJ MAZDA |
1.2% |
1.4% |
1.4% |
1.3% |
1.8% |
| TISCO |
- |
3.5% |
4.7% |
7.5% |
7.0% |
| VISUALSOFT |
- |
- |
- |
- |
1.6% |
| WOCKHARDT |
3.5% |
4.5% |
4.1% |
4.3% |
4.9% |
In the case of Zurich India Equity Fund, we have taken portfolios over 5 months (that is the maximum you can see) beginning from January 2001 to October 2001, which is the latest portfolio available. Over these five months, the fund manager has not changed his stock allocations too dramatically. His key stocks are evident from the portfolio history ACC, BHEL, BPCL, Cipla, Dr Reddy's, Grasim, Macmillan, Hindustan Lever, Satyam, Swaraj Mazda, Wockhardt, to list a few. The allocations are steady and there is no attempt on the fund manager's part to time the market. If that had been the case, there would have been several instances of stock allocations rising/falling dramatically and even of stocks exiting/entering portfolios month on month.
You can run more queries of this nature on other equity funds of your choice. You can even go back 3 years (where the portfolio history is available) to see how the fund manager's stock allocations have moved. Go to the portfolio analyser and see how this can be done.
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