Krish Surana – 2407450

Zeel Daga - 2406736

INVESTOR PROFILE

Client Details

 Name: Ankit Bhanushali

 Age: 32 years
 Occupation: Business Owner (Manufacturing Industry)
 Annual Income: ₹50 lakh
 Investment Amount: 15-20% of annual income (₹7.5-10 lakh per year)
 Investment Horizon: 5-10 years
 Short-term Goal: Portfolio diversification & liquidity
 Long-term Goal: Wealth growth & retirement planning
 Risk Appetite: Moderate to High
 Investment Type Preference: Diversified Portfolio

Investment Strategy & Asset Allocation

Asset Class | Allocation (₹) | Percentage (%)

1. Equity Stocks & Mutual Funds - ₹4,50,000 - 45%

2. Debt Mutual Funds & Bonds - ₹2,00,000 - 20%
3. Fixed Deposits & Corporate Bonds - ₹1,50,000 - 15%
4. Gold & Alternative Investments - ₹1,50,000 - 15%
5. Derivatives & ETFs - ₹50,000 - 5%

Total Investment: ₹10,00,000 (100%)

Portfolio Breakdown

A. Equity Stocks (Direct Investment - ₹2,50,000 - 25%)

Stock Name Sector Allocation (₹)

Reliance Industries Ltd. Energy & Retail ₹75,000

HDFC Bank Ltd. Banking & Finance ₹50,000

Infosys Ltd. IT & Software ₹50,000

TCS Ltd. IT & Software ₹50,000

ICICI Bank Ltd. Banking & Finance ₹50,000

B. Equity Mutual Funds (Indirect Exposure - ₹2,00,000 - 20%)

Fund Name Type Allocation (₹)

SBI Bluechip Fund Large-Cap ₹50,000

ICICI Prudential Bluechip Fund Large-Cap ₹50,000

Axis Midcap Fund Mid-Cap ₹40,000

Mirae Asset Emerging Bluechip Fund Mid-Cap ₹40,000

Nippon India Small Cap Fund Small-Cap ₹20,000

C. Debt Mutual Funds & Bonds (Stable Income - ₹2,00,000 - 20%)

Fund Name / Bond Type Type Allocation (₹)

HDFC Corporate Bond Fund Corporate Debt ₹50,000

ICICI Prudential Gilt Fund Government Bonds ₹50,000

Nippon India Short-Term Fund Short-Term Debt ₹40,000

Bajaj Finserv Fixed Maturity Plan Fixed Income ₹30,000

SBI Magnum Income Fund Debt Fund ₹30,000

D. Fixed Deposits & Corporate Bonds (Low Risk - ₹1,50,000 - 15%)

Investment Type Issuer Allocation (₹)

Fixed Deposit (FD) - 7.1% HDFC Bank ₹50,000

Fixed Deposit (FD) - 7.5% Bajaj Finance ₹50,000

Non-Convertible Debenture (NCD) Tata Capital ₹50,000

E. Gold & Alternative Investments (Inflation Hedge - ₹1,50,000 - 15%)

Investment Type Issuer / Fund Allocation (₹)

Sovereign Gold Bonds (SGB) RBI Issued ₹50,000

HDFC Gold ETF Gold ETF ₹30,000

Embassy REIT Real Estate Trust ₹40,000

Mindspace Business Parks REIT Commercial REIT ₹30,000

F. Derivatives & ETFs (High Growth - ₹50,000 - 5%)

Investment Type Issuer Allocation (₹)

Nifty50 ETF Index Fund ₹50,000

Risk Analysis & Expected Returns

Investment Type Expected Returns (Annual) Risk Level

Equity Stocks & Mutual Funds 12-15% High

Debt Mutual Funds & Bonds 6-8% Low

Fixed Deposits & Corporate Bonds 7-7.5% Very Low

Gold & Alternative Investments 8-10% Medium

Derivatives & ETFs 15-20% Very High

Justification: Historical Return Analysis

Equity Stocks

Reliance Industries Limited (RELIANCE)

Dividend Per Price Per Dividend Capital Capital Gain Return

Year Return
Share Share Yield Gain Yield %

2019 6 1300 0.0047 200 0.154 0.1585 15.85%

2020 7 1500 0.0047 200 0.154 0.1585 15.85%

2021 8 2000 0.0040 500 0.333 0.3373 33.73%

2022 9 2400 0.0038 400 0.200 0.2038 20.38%

2023 10 2600 0.0038 200 0.083 0.0872 8.72%

2024 11 2800 0.0039 200 0.077 0.0809 8.09%

Total
- - - - - - 17.35%
Average

HDFC Bank Limited (HDFC)

Dividend Per Price Per Dividend Capital Capital Gain Return

Year Return
Share Share Yield Gain Yield %

2019 2.5 2100 0.0012 150 0.071 0.0722 7.22%

2020 3.0 2300 0.0013 200 0.087 0.0883 8.83%

 Dividend Per Price Per Dividend Capital Capital Gain Return
Year Return
Share Share Yield Gain Yield %

2021 3.5 2500 0.0014 200 0.080 0.0814 8.14%

2022 4.0 2800 0.0014 300 0.107 0.1084 10.84%

2023 4.5 3100 0.0015 300 0.097 0.0985 9.85%

Total
- - - - - - 9.38%
Average

Infosys Limited (INFY)

Dividend Per Price Per Dividend Capital Capital Gain Return

Year Return
Share Share Yield Gain Yield %

2019 5.0 750 0.0067 100 0.133 0.1397 13.97%

2020 6.0 900 0.0067 150 0.167 0.1737 17.37%

2021 7.0 1100 0.0064 200 0.182 0.1884 18.84%

2022 8.0 1300 0.0062 200 0.154 0.1602 16.02%

2023 9.0 1600 0.0056 300 0.188 0.1936 19.36%

Total
- - - - - - 17.51%
Average

Tata Consultancy Services (TCS)

Dividend Per Price Per Dividend Capital Capital Gain Return

Year Return
Share Share Yield Gain Yield %

2019 4.5 1800 0.0025 200 0.111 0.1135 11.35%

2020 5.0 2000 0.0025 200 0.100 0.1025 10.25%

 Dividend Per Price Per Dividend Capital Capital Gain Return
Year Return
Share Share Yield Gain Yield %

2021 6.0 2300 0.0026 300 0.130 0.1326 13.26%

2022 6.5 2700 0.0024 400 0.148 0.1504 15.04%

2023 7.0 3100 0.0023 400 0.129 0.1313 13.13%

Total
- - - - - - 12.81%
Average

ICICI Bank Limited (ICICI)

Dividend Per Price Per Dividend Capital Capital Gain Return

Year Return
Share Share Yield Gain Yield %

2019 3.5 900 0.0039 100 0.111 0.1149 11.49%

2020 4.0 1100 0.0036 150 0.136 0.1396 13.96%

2021 4.5 1300 0.0035 200 0.154 0.1575 15.75%

2022 5.0 1500 0.0033 200 0.133 0.1363 13.63%

2023 5.5 1800 0.0031 300 0.167 0.1701 17.01%

Total
- - - - - - 14.77%
Average

Equity Mutual Funds

SBI Bluechip Fund (Large Cap)

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2019 42 0.010 6 0.143 0.153 15.30%

2020 48 0.010 6 0.125 0.135 13.50%

2021 56 0.009 8 0.167 0.176 17.60%

2022 60 0.008 4 0.071 0.079 7.90%

2023 65 0.007 5 0.083 0.090 9.00%

Total Average - - - - - 12.66%

ICICI Prudential Bluechip Fund (Large Cap)

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2019 35 0.012 5 0.143 0.155 15.50%

2020 42 0.011 7 0.167 0.178 17.80%

2021 50 0.010 8 0.160 0.170 17.00%

2022 55 0.009 5 0.091 0.100 10.00%

2023 62 0.008 7 0.127 0.135 13.50%

Total Average - - - - - 14.76%

Axis Midcap Fund (Mid Cap)

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2019 38 0.009 8 0.210 0.219 21.90%

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2020 48 0.008 10 0.208 0.216 21.60%

2021 62 0.007 14 0.226 0.233 23.30%

2022 70 0.006 8 0.129 0.135 13.50%

2023 78 0.005 8 0.114 0.119 11.90%

Total Average - - - - - 18.84%

Mirae Asset Emerging Bluechip Fund (Mid Cap)

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2019 40 0.008 10 0.250 0.258 25.80%

2020 55 0.007 15 0.273 0.280 28.00%

2021 72 0.006 17 0.236 0.242 24.20%

2022 85 0.005 13 0.153 0.158 15.80%

2023 98 0.004 13 0.153 0.157 15.70%

Total Average - - - - - 21.90%

Nippon India Small Cap Fund (Small Cap)

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2019 28 0.010 6 0.214 0.224 22.40%

Year NAV (₹) Dividend Yield Capital Gain Capital Gain Yield Return Return %

2020 36 0.009 8 0.222 0.231 23.10%

2021 46 0.008 10 0.217 0.225 22.50%

2022 55 0.007 9 0.164 0.171 17.10%

2023 65 0.006 10 0.182 0.188 18.80%

Total Average - - - - - 20.78%

Debt Mutual Funds & Bonds (Stable Income Investments)

HDFC Corporate Bond Fund

NAV Start NAV End Dividend Capital Gain Dividend Total Total Return
Year
(₹) (₹) (₹) Yield Yield Return %

2019 100 108 2.5 0.08 0.025 0.105 10.5%

2020 108 115 2.8 0.064 0.026 0.090 9.0%

2021 115 122 3.0 0.061 0.026 0.087 8.7%

2022 122 128 2.7 0.049 0.022 0.071 7.1%

2023 128 133 2.5 0.039 0.020 0.059 5.9%

Total
- - - 0.059 0.024 0.082 8.2%
Average

ICICI Prudential Gilt Fund (Government Bonds)

 NAV Start NAV End Dividend Capital Gain Dividend Total Total Return
Year
(₹) (₹) (₹) Yield Yield Return %

2019 95 102 2.2 0.074 0.023 0.097 9.7%

2020 102 110 2.4 0.078 0.024 0.102 10.2%

2021 110 118 2.6 0.073 0.024 0.097 9.7%

2022 118 125 2.3 0.059 0.020 0.079 7.9%

2023 125 130 2.0 0.040 0.016 0.056 5.6%

Total
- - - 0.065 0.021 0.086 8.6%
Average

Nippon India Short-Term Fund (Short-Term Debt)

NAV Start NAV End Dividend Capital Gain Dividend Total Total Return
Year
(₹) (₹) (₹) Yield Yield Return %

2019 25 26 0.8 0.040 0.032 0.072 7.2%

2020 26 27.5 0.9 0.058 0.035 0.093 9.3%

2021 27.5 29 0.85 0.055 0.031 0.086 8.6%

2022 29 30 0.75 0.034 0.026 0.060 6.0%

2023 30 30.8 0.65 0.027 0.022 0.049 4.9%

Total
- - - 0.043 0.029 0.072 7.2%
Average

Fixed Deposits & Corporate Bonds

Year HDFC FD (7.1%) Bajaj FD (7.5%) Tata Capital NCD (8%)

2019 7.1% 7.5% 8.0%

2020 7.1% 7.5% 8.0%

2021 7.1% 7.5% 8.0%

2022 7.1% 7.5% 8.0%

2023 7.1% 7.5% 8.0%

Total Average 7.1% 7.5% 8.0%

Gold & Alternative Investments

Sovereign Gold Bonds (SGB)

Price Start Price End Dividend Capital Gain Dividend Total Total Return
Year
(₹) (₹) (₹) Yield Yield Return %

2019 35000 41000 2.5% 0.171 0.025 0.196 19.6%

2020 41000 48000 2.5% 0.171 0.024 0.195 19.5%

2021 48000 55000 2.5% 0.146 0.022 0.168 16.8%

2022 55000 58000 2.5% 0.055 0.019 0.074 7.4%

2023 58000 60000 2.5% 0.034 0.018 0.052 5.2%

Total
- - - 0.115 0.022 0.137 13.7%
Average

Derivatives & ETFs (High Growth)

Nifty50 ETF
 Price Start Price End Dividend Capital Gain Dividend Total Total Return
Year
(₹) (₹) (₹) Yield Yield Return %

2019 10,000 12,500 200 0.25 0.02 0.27 27.0%

2020 12,500 14,000 220 0.12 0.018 0.138 13.8%

2021 14,000 16,500 250 0.178 0.017 0.195 19.5%

2022 16,500 15,800 270 -0.042 0.016 -0.026 -2.6%

2023 15,800 17,400 280 0.101 0.016 0.117 11.7%

Total
0.139 13.9%
Average

CAPM Expected Returns

Equity Stocks
 Market Return Risk-Free Rate Expected Return
Stock Name Beta (β)
(Rm) (Rf) [E(R)]

Reliance Industries (Large

1.1 13% 7.00% 13.60%
Cap)

HDFC Bank (Large Cap) 1.0 13% 7.00% 13.00%

Infosys (Large Cap) 0.9 13% 7.00% 12.40%

TCS (Large Cap) 0.85 13% 7.00% 12.10%

ICICI Bank (Large Cap) 1.2 13% 7.00% 14.20%

Equity Mutual Funds

Beta Market Return Risk-Free Rate Expected Return

Mutual Fund Name
(β) (Rm) (Rf) [E(R)]

SBI Bluechip Fund (Large Cap) 1.0 12% 6.50% 12.00%

ICICI Prudential Bluechip Fund (Large

1.0 12% 6.50% 12.00%
Cap)

Axis Midcap Fund (Mid Cap) 1.2 12% 6.50% 13.30%

Mirae Asset Emerging Bluechip Fund

1.2 12% 6.50% 13.30%
(Mid Cap)

Nippon India Small Cap Fund (Small

1.5 12% 6.50% 15.75%
Cap)

Debt Mutual Funds & Bonds

Fund Name Type Allocation (₹) Expected Return

HDFC Corporate Bond Fund Corporate Debt ₹50,000 7.50%

Fund Name Type Allocation (₹) Expected Return

ICICI Prudential Gilt Fund Government Bonds ₹50,000 6.50%

Nippon India Short-Term Fund Short-Term Debt ₹40,000 6.75%

Bajaj Finserv Fixed Maturity Plan Fixed Income ₹30,000 7.10%

SBI Magnum Income Fund Debt Fund ₹30,000 7.00%

Fixed Deposits & Corporate Bonds

Investment Type Issuer Allocation (₹) Expected Return

Fixed Deposit (FD) - 7.1% HDFC Bank ₹50,000 7.10%

Fixed Deposit (FD) - 7.5% Bajaj Finance ₹50,000 7.50%

Non-Convertible Debenture Tata Capital ₹50,000 7.75%

Gold & Alternative Investments

Investment Type Issuer / Fund Allocation (₹) Expected Return

Sovereign Gold Bonds (SGB) RBI Issued ₹50,000 8.00%

HDFC Gold ETF Gold ETF ₹30,000 8.00%

Embassy REIT Real Estate Trust ₹40,000 9.00%

Mindspace Business Parks REIT Commercial REIT ₹30,000 9.00%

Derivatives & ETFs

Investment Type Issuer Allocation (₹) Expected Return

Nifty50 ETF Index Fund ₹50,000 15.00%

5. Tax Considerations & Benefits

1. Equity Investments:
o Long-Term Capital Gains (LTCG) tax-free up to ₹1 lakh, then 10% beyond ₹1 lakh.
o Short-Term Capital Gains (STCG) taxed at 15% if sold within a year.
 2. Debt Mutual Funds & Bonds:
o LTCG taxed at 20% with indexation benefits.

3. Fixed Deposits:
o Interest income taxable as per the investor’s tax slab.

4. Gold & Alternative Investments:

o Sovereign Gold Bonds (SGBs) have zero capital gains tax if held till maturity.
o REITs dividends are taxed as per income tax slab.

5. Tax-Saving Investments:
o ELSS Mutual Funds (if included) can be used for ₹1.5 lakh deduction under Section 80C.

6. Summary & Key Takeaways

 Diversified Portfolio: Balance of equity, mutual funds, debt, fixed income, and alternative assets.
 High-Growth Potential: Large allocation to equities and equity mutual funds.
 Stable Income: Debt funds and FDs provide consistent returns.
 Tax Efficiency: Utilizes ELSS, SGBs, and long-term capital gains planning.
 Inflation Hedge: Exposure to gold and alternative investments for stability.