Sharekhan strategist shares stocks, strategy that help 7 baskets beat the Street

economictimes.indiatimes.com:

NEW DELHI: Out of 8 stock baskets offered by Sharekhan’s InvesTiger app, 7 have managed to beat their respective indices by 4-12% since inception after factoring the transaction cost.“Apart from stock picking, we also focus on a top down approach which means having exposure in the right sectors depending upon macro conditions. This helps us invest in high quality stocks with structural growth prospects resulting in handsome gains for the investors,” says Gaurav Dua, Sr VP & Head – Capital Market Strategy, Sharekhan by BNP Paribas.In his stock baskets, stocks that have given disproportionately high returns are ITC, M&M, Cummins India, L&T and DLF.Edited excerpts from a chat:A lot of market players have shown interest in the concept of having a curated basket of stocks. What is the kind of response that InvesTiger is getting from your investors and what makes it different from mutual funds?Curated stock baskets are a hassle-free and cost-effective way to leverage on in-house research expertise to help retail investors invest in a disciplined manner.

It requires a lot of time and effort to process and take required & timely action given the information overload in the digitally connected world and the fast-changing macro dynamics domestically and globally. The 3 things that the InvesTiger app is designed to make effortless are: 1) identify the right stocks form the right sector; 2) active track the stocks; 3) Provide research alerts to take timely action (in terms of booking profits or even loss, if required) which is essential part of disciplined investment approach.