High Dividend Yield Update 1

I have used these filters to identify stocks and trade in them.

Market Cap: More Than400Cr

Dividend Payout Ratio: 0% to 40%

Dividend yield: More Than3%

5Y Dividend Consistency - Rising or sustained dividend

My strategy is to buy the stocks that appear at .99% of the value and sell a 1.01%,

making a quick trade. I have backtested and it appears to be profitable. I started this strategy on Dec 1st, 2021, will plan to implement this strategy for

2 years, and will review it every 3 months. The aim of this strategy is to make a CAGR

of at least 15%.

I have 6 stocks that cost ₹59,595.

Value : ₹51,907

Dividend: ₹444

Realized Gain: ₹4,054

Unrealized Gain: ₹-7,688

Total Return: ₹ -3,190 | -29.0% p.a

Next review June 1st 2022

February Month Update

Expenses:

I have spent ₹41,594 in February, the top 5 expenses are travel (₹10,844), Medical (₹6,743), Groceries (₹5,560), Maintenance (₹4,499), and Internet (₹4,435). Travel, when planned in hurry, will cost more. I have to plan my travel carefully.

Portfolio:

Fund Name	Mar 22
Franklin India Ultra Short Bond Fund - Super Institutional Plan - Direct Plan	₹9,291.90
Franklin India Taxshield Fund - Direct Plan	₹0.00
ICICI Prudential Savings Fund - Direct Plan	₹0.00
ICICI Prudential Value Discovery Fund - Direct Plan	₹1,22,494.39
ICICI Prudential Long Term Equity Fund (Tax Saving) - Direct Plan	₹65,686.67
Axis Long Term Equity Fund - Direct Plan	₹47,334.63
Quantum Equity Fund of Funds	₹1,413.66
SBI Small Cap Fund	₹1,415.94
Morningstar-Active Balanced Portfolio	₹57,77,668.00
NPS TIER I	₹1,99,248.73
NPS Tier-II	₹499.98
EPFO balance	₹15,15,911.00
Indian Stocks	₹19,86,904.00
US Stocks @₹73.05	₹2,23,245.71
Cash	₹5,479.00
Manas education fund	-₹399,027.13
Total Value	₹95,57,566.48

Equity did not do well this month and added quite a bit of money. I have moved money from a Savings fund to a value discovery fund without rhyme or reason. I have started transferring 10K each month to the RBL account to use it as an emergency fund. I will add ultra short-term fund redemption money to RBL as well.

Networth has decreased by -₹118,446.40.

For the last 12 months, I had spent 6,76,603 which is 56,383 per month. My net worth is 95,57,566. I have about 169 months of living expenses which is 14 years and a month. My objective is to accumulate 25 times annual expenses from which I can withdraw 4% annually. My passive income will be 31,858 if I withdraw 4% now. If I retire now I have to withdraw 7.07% annually. If inflation is 6% I should make 10% if I have 25 times and to retire today I should make 13.07% of my net worth. My net worth does not include rental income but I still want to achieve 25 times or close to that amount, as long as I am in the job. I will be able to accumulate 25 times in 4 years 2 months which is April 2026.

Mazagon Dock Shipbuilders

The stock appeared on the HDY screen and I have bought 41@237, will plan to sell it at @244.

Date: 02-03-2022

Sold 41@244 as the stock is not in HDY screen

Biggest single day loss

My biggest one-day loss in the market -6.81%. Nifty 500 lost -5.04% due to Ukraine and Russia crisis. 

Srikalahasthi Pipes Ltd

Srikalahasthi Pipes Ltd is getting merged with Electrosteel Castings Limited and Electrosteel numbers do not fit my rules. The record date for the purpose of Merger/HiveOff is 14-Jan-2022. I am planning to sell it at ₹204.5 and bought it for ₹145 on 2nd Feb 2021.

5yr Average Return on Equity is 1.07%

Debt to Equity (x) is 0.77

Earnings growth is uneven, the company did not earn profit in 2021.

Sold Sripipes @204.5 on Jan 12th, 2022.