DATA Airtel HDFC Life Axis Bank Nippon R1 R2 R3 R4

3-Sep-19 336.85 536.75 645.7 283 0 0 0 0

4-Sep-19 345.7 535.65 647.3 276.55 0.0259336 -0.002051 0.0024749 -0.023055

5-Sep-19 347.7 528.5 649.6 277.85 0.0057687 -0.013438 0.0035469 0.0046898
6-Sep-19 349.25 529.9 671.1 282.85 0.004448 0.0026455 0.0325614 0.0178353
9-Sep-19 356.45 530.9 671.55 286.1 0.020406 0.0018854 0.0006703 0.0114247
11-Sep-19 355.1 537.9 681.7 277.3 -0.003795 0.013099 0.0150012 -0.031241
12-Sep-19 347.55 537.85 662.9 261.9 -0.021491 -9.296E-05 -0.027966 -0.057137
13-Sep-19 343.05 540.4 674.25 262.25 -0.013032 0.0047299 0.0169768 0.0013355
16-Sep-19 344 537.65 670.9 248.85 0.0027654 -0.005102 -0.004981 -0.052448
17-Sep-19 339.85 530.7 640.45 228.5 -0.012137 -0.013011 -0.046449 -0.085314
18-Sep-19 335.6 539.1 648.4 233.5 -0.012584 0.0157042 0.0123367 0.0216459
19-Sep-19 337.6 532.45 638.2 230.65 0.0059418 -0.012412 -0.015856 -0.012281
20-Sep-19 356.4 563.85 680.35 253.7 0.0541919 0.0572993 0.0639557 0.0952511
23-Sep-19 348 540.75 725.5 251.35 -0.023851 -0.041831 0.0642537 -0.009306
24-Sep-19 348.65 551.05 704.4 261.25 0.0018661 0.0188685 -0.029515 0.0386314
25-Sep-19 341.65 557.85 694.95 263.15 -0.020282 0.0122646 -0.013506 0.0072464
26-Sep-19 344.05 569.3 699.9 266.25 0.0070002 0.0203174 0.0070976 0.0117115
27-Sep-19 349.1 582.3 700.6 265.8 0.0145714 0.0225782 0.0009996 -0.001692
30-Sep-19 367.05 601.15 685 260.35 0.0501397 0.0318587 -0.022518 -0.020717
1-Oct-19 350.95 598.2 679.15 265.7 -0.044854 -0.004919 -0.008577 0.020341
 Risk Free
Share Mean Variance Rate
Bharti Airtel 0.22% 0.000598 0.01%
HDFC Life 0.61% 0.000459
Axis Bank 0.26% 0.000921
Reliance Nippon 0.93% 0.001764

Variance Covariance Matrix

Airtel HDFC Life Axis Bank Nippon
Airtel 55.49562 81.0721 73.97376 47.83858
HDFC Life 81.0721 481.5092 249.5451 3.19845
Axis Bank 73.97376 249.5451 547.8287 62.87321
Nippon 47.83858 3.19845 62.87321 273.8241

Weights 25% 25% 25% 25% 1

Expected Return 0.005041
Portfolio SD 12.23637

Weights 0% 27% 0% 73% 1

Expected Return 0.008413
Portfolio SD 13.50348
Sharpe's Ratio 0.000612
HDFC Life Nippon R1 R2 1 2
536.75 283 0 0 Mean 0.005705 -0.00332
535.65 276.55 -0.00205 -0.02306 SD 0.020907 0.038995
528.5 277.85 -0.01344 0.00469
529.9 282.85 0.002646 0.017835 Weight 1 Weight 2 P Risk P Return
530.9 286.1 0.001885 0.011425 0% 100% 0.038995 -0.00332
537.9 277.3 0.013099 -0.03124 10% 90% 0.035158 -0.00242
537.85 261.9 -9.3E-05 -0.05714 20% 80% 0.031475 -0.00151 0.1
540.4 262.25 0.00473 0.001335 30% 70% 0.028008 -0.00061
537.65 248.85 -0.0051 -0.05245 40% 60% 0.024847 0.00029 0.08
530.7 228.5 -0.01301 -0.08531 50% 50% 0.022123 0.001192
539.1 233.5 0.015704 0.021646 60% 40% 0.020017 0.002095 0.06
532.45 230.65 -0.01241 -0.01228 70% 30% 0.018736 0.002997
563.85 253.7 0.057299 0.095251 80% 20% 0.018455 0.0039 0.04

540.75 251.35 -0.04183 -0.00931 90% 10% 0.019217 0.004802

0.02
551.05 261.25 0.018868 0.038631 100% 0% 0.020907 0.005705
557.85 263.15 0.012265 0.007246 110% -10% 0.023326 0.006607
0
569.3 266.25 0.020317 0.011712 120% -20% 0.026273 0.00751 0 0.05 0.1
582.3 265.8 0.022578 -0.00169 130% -30% 0.02959 0.008412 -0.02
601.15 260.35 0.031859 -0.02072 140% -40% 0.033167 0.009315
598.2 265.7 -0.00492 0.020341 150% -50% 0.036928 0.010217
160% -60% 0.040822 0.01112
170% -70% 0.044815 0.012022
180% -80% 0.048882 0.012925
190% -90% 0.053007 0.013827
200% -100% 0.057176 0.01473
210% -110% 0.061381 0.015632
220% -120% 0.065615 0.016535
230% -130% 0.069873 0.017437
240% -140% 0.07415 0.01834
250% -150% 0.078444 0.019242
260% -160% 0.082751 0.020145
270% -170% 0.08707 0.021047
280% -180% 0.091399 0.02195
290% -190% 0.095737 0.022852
300% -200% 0.100083 0.023755
310% -210% 0.104435 0.024657
320% -220% 0.108793 0.02556
330% -230% 0.113156 0.026462
340% -240% 0.117524 0.027364
350% -250% 0.121896 0.028267
360% -260% 0.126271 0.029169
370% -270% 0.13065 0.030072
380% -280% 0.135032 0.030974
390% -290% 0.139417 0.031877
400% -300% 0.143804 0.032779
410% -310% 0.148193 0.033682
420% -320% 0.152584 0.034584
430% -330% 0.156977 0.035487
440% -340% 0.161372 0.036389
450% -350% 0.165769 0.037292
460% -360% 0.170167 0.038194
470% -370% 0.174566 0.039097
480% -380% 0.178966 0.039999
490% -390% 0.183368 0.040902
500% -400% 0.187771 0.041804
510% -410% 0.192175 0.042707
520% -420% 0.196579 0.043609
530% -430% 0.200985 0.044512
540% -440% 0.205391 0.045414
550% -450% 0.209798 0.046317
560% -460% 0.214206 0.047219
570% -470% 0.218615 0.048122
580% -480% 0.223024 0.049024
590% -490% 0.227434 0.049927
600% -500% 0.231844 0.050829
610% -510% 0.236255 0.051732
620% -520% 0.240667 0.052634
630% -530% 0.245078 0.053536
640% -540% 0.249491 0.054439
650% -550% 0.253904 0.055341
660% -560% 0.258317 0.056244
670% -570% 0.26273 0.057146
680% -580% 0.267144 0.058049
690% -590% 0.271558 0.058951
700% -600% 0.275973 0.059854
710% -610% 0.280388 0.060756
720% -620% 0.284803 0.061659
730% -630% 0.289219 0.062561
740% -640% 0.293634 0.063464
750% -650% 0.298051 0.064366
760% -660% 0.302467 0.065269
770% -670% 0.306883 0.066171
780% -680% 0.3113 0.067074
790% -690% 0.315717 0.067976
800% -700% 0.320134 0.068879
810% -710% 0.324552 0.069781
820% -720% 0.328969 0.070684
830% -730% 0.333387 0.071586
840% -740% 0.337805 0.072489
 850% -750% 0.342223 0.073391
860% -760% 0.346641 0.074294
870% -770% 0.35106 0.075196
880% -780% 0.355479 0.076099
890% -790% 0.359897 0.077001
900% -800% 0.364316 0.077904
910% -810% 0.368735 0.078806
920% -820% 0.373154 0.079708
930% -830% 0.377574 0.080611
940% -840% 0.381993 0.081513
950% -850% 0.386413 0.082416
960% -860% 0.390832 0.083318
970% -870% 0.395252 0.084221
980% -880% 0.399672 0.085123
990% -890% 0.404092 0.086026
1000% -900% 0.408512 0.086928
 P Return
0.1

0.08

0.06

0.04

0.02

0
0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 0.4 0.45

-0.02