A Portfolio Journey: The Follow up

It has been 64 days since we last looked at the portfolio - which isn't to say that we have been ignoring the portfolio - we have been monitoring it to check movements without getting emotionally dragged into the day to day.

We have taken a position in a total of 7 different instruments - 4 are equities, 1 is a commodity futures contract, 1 Mutual Fund, and 1 corporate bond. Approximating for the taxes and fees our total initial outlay was Rs.499,580.6. The total value of the portfolio at market price is currently at Rs.570,885.91.

This translates to an annualized return of 104.62% which is a massive gain and that is driven by an uptick in the price of the silver contract. This portfolio performance comes at a time when the war between Iran and US has resumed which has put the Oil markets into a shock with capital moving away from equity markets and heading into relatively safer assets - metals.

Its obvious from the graph that the value of the portfolio has increased largely down to the sharp increase in the price of silver futures which are now the most weighted in the portfolio.