Technology

Market continued to fall for the second consecutive month ( YTD return (-)5%) in the month of March amid various macro concerns like rising US bonds yield and oil prices etc. Further, LTCG concerns also led to profit booking towards the end of FY2018. However, this correction has also come after a decent rally we had seen in January 2018. Moreover, BSE 100 benchmark returns have been decent 11% in the past 1 year, which cooled off from 21% annual return given in FY2017. Now, the focus will be turned on Q4 earnings and the growth in earnings is slated to revive in coming financial year which is likely to keep the positive buoyancy in market sentiments in FY2019. Our top picks have generated a total return of 68.5% since inception (i.e. October 2015), an outperformance of 39% over BSE 100.

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. Our top picks have generated a CAGR return of 24% since inception, a outperformance of 13% over BSE 100 on annual basis. On absolute basis, it has given absolute return of 68.5% since inception.

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