Sunil Singhania Portfolio - September 2021

Sunil Singhania Portfolio

Indian Market
by 5paisa Research Team Last Updated: 2022-08-08T18:55:00+05:30

Sunil Singhania needs no introduction in stock market circles. As the CIO of Reliance Mutual Fund, Sunil worked closely with Madhu Kela to make Reliance Mutual Fund a formidable name in the mutual fund industry. Sunil Singhania currently runs the Abakkus Fund, but his moves are still tracked closely due to his in-depth understanding of mid-caps and small caps.

As of the close of September 2021, Sunil Singhania (Abakkus) held 27 stocks in the portfolio with a market value of Rs.2,715 crore as of 19th October. Here is a snapshot of his top holdings in rupee value terms.

 

Here is Sunil Singhania's portfolio as of Sept-21.
 

Stock Name

Percentage Holding

Holding Value

Holding Movement

Mastek Ltd

5.7%

Rs.484 crore

No Change

Route Mobile

3.3%

Rs.428 crore

No Change

Jindal Stainless Hissar

3.9%

Rs.298 crore

No Change

Saregama India

1.7%

Rs.127 crore

No Change

IIFL Securities

3.7%

Rs.124 crore

No Change

Acrysil Ltd

6.2%

Rs.124 crore

Reduced in Q2

Somany Home Innova

3.5%

Rs.121 crore

No Change

HIL Ltd

2.6%

Rs.98 crore

No Change

Polyplex Corp

1.6%

Rs.93 crore

Increased in Q2

 

The top-10 stocks account for 70% of the value of the portfolio of Sunil Singhania (Abakkus) as of end Sep-21.

Stocks where Sunil Singhania (Abakkus) added to the holdings

Let us look at the fresh addition of stocks to his portfolio first in the Sep-21 quarter. There were 3 new additions made by Sunil Singhania (Abakkus) during the Sep-21 quarter. These include a 2.5% stake in the Paras Defence IPO worth Rs.88 crore, 2% stake worth Rs.36 crore and 1.5% stake in PSP Projects worth Rs.29 crore.

There were also some stocks where Sunil Singhania increased his positions. He made marginal accretions of 10-20 bps to his positions in stocks like Sarda Energy, Ion Exchange, Somany Home Innovations, HIL and Surya Roshni.

What stocks did Sunil Singhania (Abakkus) downsize in his portfolio?

In the Sep-21 quarter, Sunil Singhania marginally reduced his stake in stocks like Route Mobile and Acrysil Ltd where the reduction in stake was between 10 bps and 30 bps. There were 3 stocks where the stake of Sunil Singhania (Abakkus) fell to below 1% during the September quarter; the reporting threshold for exchange filings. Here are the details.

a) Stake in Nureca Ltd was reduced from 1.4% to below 1%

b) Sunil reduced is stake in UGRO Capital from 1.5% to below 1%

c) The stake in Xchanging Solutions Ltd was reduced from 4% to below 1%

All the above reductions in stake happened during the Sep-21 quarter.

Sunil Singhania (Abakkus) Portfolio Performance in retrospect.

How did the portfolio perform as of the end of September 2021 quarter compared to different time frames in the past. His portfolio currently stands at Rs.2,715 crore but the portfolio reporting only began over the last 3 years. Since the portfolio has also been a subject of fund inflows, we only look at returns over the last one year.

Between Sep-20 and Sep-21, the portfolio value has gone up from Rs.676 crore to Rs.2,443 crore. That translates into annualized portfolio appreciation of 261%. Among his recent additions in the Sep-21 quarter, Paras Defence and Dynamatic Technologies have been virtual multi-baggers and contributed in a big way to the performance in the last one year.

Also Check:-

1) Vijay Kedia Portfolio - September 2021

2) Radhakishan Damani Portfolio - Sept 2021

3) Ashish Kacholia Portfolio - Sept 2021

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