ASSET ALLO

ASSIGNME

SUBMITTED
GROUP 17
ISHITA KANS
DOLLY KUMARI (
ET ALLOCATION
ASSIGNMENT 1

SUBMITTED BY-
GROUP 17
ISHITA KANSAL
DOLLY KUMARI (220157)
 1. Personal Fina

SHORT TERM (1-3Years)

Building Emergency Fund
Funds for investing in skill development and enhancement.
DETAIL EXPLANANTION:
In dealing with our short-term goals, we've identified 2 key
these As life is uncertain it is important to have money aside
ideally this fund should be in form of cash or cash equivalen
important to constantly upskilling and enhancing the curren
requires us to invest in professional courses, this goals dema

Long Term Goal

Save for future marriage expenses.
Buy a Car
Create a Corpus of 1 crore .
DETAILED EXPLANATION:
As we look into the future, one significant goal is to save for
life event that comes with various financial obligations, and
term objective is to acquire a vehicle to meet personal, fam
accumulate required fund. A substantial long-term financial
overarching goal demands a strategic approach, breaking it
investment strategy.

Risk Tolerance:
We have a moderate risk tolerance, that means we strikes a
while prioritizing stability. This approach aims to achieve a m
aligning with his financial goals across various time horizons

CONSTRAINTS

Investment Duration:
Skill Development: Given the 1–2-year horizon for skill deve
capital preservation and accessibility.
Home Purchase: While the goal is long-term, the need to ac
adds a medium-term aspect, influencing investment decisio
Marriage Expenses: The need to accumulate funds for upco
investment horizon, influencing the choice of assets.
Liquidity:
Emergency Fund: The need for quick access to funds in eme
assets, potentially sacrificing higher returns.
Car Purchase: Saving for a car within a timeframe requires a
potential market fluctuations.
 1. Personal Financial Profile

elopment and enhancement.

m goals, we've identified 2 key areas to deal with and here is the detail explanation of
mportant to have money aside for emergency needs and unexpected expenses,
form of cash or cash equivalent. Being a fresher and new to the career path it is very
lling and enhancing the current knowledge base in order to grow in one’s career, this
sional courses, this goals demands fund by 1-2 year down the line form now.

nses.

e significant goal is to save for upcoming marriage expenses. Marriage is a significant

ious financial obligations, and planning for these expenses is crucial. Another long-
vehicle to meet personal, family, or professional needs and that demand us to
substantial long-term financial milestone is to create a corpus of 1 crore. This
trategic approach, breaking it down into achievable targets and adopting a diversified

rance, that means we strikes a balance between embracing some market fluctuations
s approach aims to achieve a mix of potential returns and capital preservation,
s across various time horizons.

1–2-year horizon for skill development, the choice of investments should prioritize
ssibility.
al is long-term, the need to accumulate the remaining funds for a home purchase
nfluencing investment decisions.
to accumulate funds for upcoming marriage expenses implies a relatively short
ng the choice of assets.

r quick access to funds in emergencies may limit investment options to highly liquid
higher returns.
within a timeframe requires a balance between growth and liquidity, considering
Duration Asset Category Asset Sub Category
Short Term
BOND Short Term Govt bond
MF Liquid Funds
Long Term Mutual Funds
Large Cap Index fund (SENSEX )
Balanced Funds
International Fund
STOCKS Infrastructure sector
Renewble Energy Sector
Technology
GOLD BONDS
FD

SHORT TERM
Short term Govt bond (T- Bill )
Liquid Mutual Funds
For Short term Investment pupose the major criteria
In case of Govt. treasury biils this all stands just in the
Very Low Risk : treasury bills are extremely secure fo
Highly Liquid : Treasury bills have with maturity perio
Minimum investment: With a minimum investment a
For liquid funds apart from our major citeria , it also g
Low risk: LDMF invest in low-risk, high-quality debt in
Diversification: Unlike investing in a single fixed depo
Convenient access: LDMF investments can be easily m
Tax efficiency: LDMF are subject to capital gains tax, w

LONG TERM For long term investment pupose we choose different assest classes , keeping in mind tha

1 Mutual funds We invested in 3 categories of mutual fund , all three

MF Type
Large Cap Index fund (SENSEX )

Balanced Funds

International Fund
2 SOVERGIEN GOLD BONDS Investing in Sovereign Gold Bonds not only allows us

3 Fixed Deposit The primary objective of investing in fixed deposits is

4 Stocks We are investing in stocks with primary objective of g

Infrastructure We decided to concentrate on the railway part of the

•
•
•
•
•

Renewable There is a immense growth potential in this sector in

•
•
•
•

Technology
•
•
•
 Assest Allocation
Asset

Govt. T-Bills

HDFC Index S&P BSE SENSEX FUND

MIRAE ASSEST NYSE FANG +ETF FUND OF FUND DIRECT PLAN -GROWTH
Ircon International Limited
Adani Power
Tata ELXSI
SOVERGIEN GOLD BONDS
Axis Bank FD

Rationale

tment pupose the major criteria for judging an asset was based on Risk associated , Liquidity , Accesibility .
ury biils this all stands just in the corrrect position .
ury bills are extremely secure forms of investments. Since they are backed by the Government of India, you will receive your funds back w
ury bills have with maturity period of 364 days and can help satisfy the short-term requirements, Moreover, treasury bills can also be sold
t: With a minimum investment amount of just INR 10,000, T-Bills are accessible to investors with various savings levels.
from our major citeria , it also gives few other benefits
t in low-risk, high-quality debt instruments like Treasury bills, commercial paper, and government securities with maturities less than 91 d
e investing in a single fixed deposit, LDMFs spread your investment across various instruments, reducing concentration risk and enhancing
DMF investments can be easily managed through online platforms and mobile apps, offering convenient access and transaction flexibility.
are subject to capital gains tax, with lower rates applicable compared to fixed deposits. Additionally, if held for less than 3 years, they are

est classes , keeping in mind that we have moderate risk tolerance so these assest class will have us in creating a balance between risk &

egories of mutual fund , all three have different risk tolerence and obejctive .

Risk
Moderate risk

Moderate Risk

High Risk
n Gold Bonds not only allows us to fulfill our future gold requirements but also offers the potential for capital gains and additional returns

e of investing in fixed deposits is to establish a secure and stable component within our investment portfolio for the long term. Fixed depo

tocks with primary objective of getting a higher return in long run , We choose 3 sector to invest in and all 3 sector rationale are discussed

ntrate on the railway part of the Infrastructure sector. The government is putting a lot of effort into developing railways, with different pro
Indian Railways is expected to hit record levels in 2024-25 as the government gears up to support a major makeover for the na
The capital expenditure (capex) for the railways is likely to be increased by about 25% from the 2023-24 budget estimate.
Railways to launch 3000 new trains , to increase the passenger capacity to 1000 crores by 2027 .
Funding approved for metro projects in Chennai, Kanpur, and Pune, adding further momentum to urban mobility initiatives.
The outlay for railways has been incresed by 51% to 2.4 lakh crore in FY 2024

rowth potential in this sector in india and to justify my statement I have discussed in further points .
India is 3rd largest Energy consuming country , this creates the scope of domestic renewable energy demand in india
India is 4th largest in in wind power capacity , in renewable energy installed capacity and solar capacity
Government future goals will push the gowth of this sector . Goals includes reduction of carbon imission by less than 45% by 2
Renewable energy received the highest-ever budget allocation, showcasing the government's commitment to clean energy tra

The government has launched the national strategy on artificial intelligence (NSAI) , Which aims to create a Vibrant AI ecosyst
The government has also announced plans to develop AI based application in major areas such as health care , agriculture abd
Ongoing rollout of high-speed broadband networks like optical fiber cables and 5G technology, aiming to bridge the digital divid
 Weightage

10%
10%
30%

30%

10%
10%

ociated , Liquidity , Accesibility .

by the Government of India, you will receive your funds back within the stipulated period. Even if there's an economic crisis, the amount is
-term requirements, Moreover, treasury bills can also be sold in the secondary market. As a result, can transform treasury bill holdings int
ible to investors with various savings levels.

aper, and government securities with maturities less than 91 days. This minimizes interest rate fluctuations and protects your principal.
arious instruments, reducing concentration risk and enhancing stability.
ile apps, offering convenient access and transaction flexibility.
ed deposits. Additionally, if held for less than 3 years, they are taxed as per individual income tax slabs, potentially offering further tax ben

e assest class will have us in creating a balance between risk & return .

Resoning
Large cap companies are typically established and financially stable, facing less risk of failure compared to smaller players. This
Historically, the Indian stock market has delivered good returns over the long term (10+ years). Large cap companies being the
66% of the active funds, 75% of the time unable to beat the Index , that's why we choose Index fund
After 20 well diversified stocks the benefit of diversifacation is almost nill , that is why we choose sensex fund

Balance funds combine equity and debt investments, typically in a 40-60% ratio. This provides exposure to growth potential fr
The debt component of Balance funds provides regular income through interest payments, while the equity portion offers pot
The presence of debt instruments acts as a cushion during market downturns, smoothing out fluctuations and protecting my c

Geographical diversification: International funds broaden my investment horizon beyond the Indian market, reducing your exp
High Growth Potential: Historically, global markets have delivered competitive returns over the long term. By participating in t
so offers the potential for capital gains and additional returns through the bond. Furthermore, an attractive benefit is that holding the bon

within our investment portfolio for the long term. Fixed deposits provide a guaranteed return, surpassing the returns offered by savings a

se 3 sector to invest in and all 3 sector rationale are discussed futher :

utting a lot of effort into developing railways, with different projects and more money in the budget. I made a list of various reasons that su
e government gears up to support a major makeover for the national transporter with additional modern and faster trains and improved s
creased by about 25% from the 2023-24 budget estimate.
capacity to 1000 crores by 2027 .
une, adding further momentum to urban mobility initiatives.
re in FY 2024

cussed in further points .

scope of domestic renewable energy demand in india
rgy installed capacity and solar capacity
als includes reduction of carbon imission by less than 45% by 2030 , 50% electric power installed by2030 from renewable energy , net zero
showcasing the government's commitment to clean energy transition.

intelligence (NSAI) , Which aims to create a Vibrant AI ecosystem in india and position the country as a global leade in AI
application in major areas such as health care , agriculture abd education
ber cables and 5G technology, aiming to bridge the digital divide and enhance connectivity.
mic crisis, the amount is paid back to the investors.
reasury bill holdings into cash during any emergency.

tects your principal.

offering further tax benefits.

to smaller players. This translates to lower volatility and a more predictable performance for my investment.
ap companies being the backbone of the market, a SENSEX index fund leverages this growth potential, aiming to replicate its performance

e to growth potential from equities while also offering stability and income generation from debt instruments. This balance keeps volatility
quity portion offers potential for capital appreciation over the long term.
ons and protecting my capital compared to pure equity funds.

arket, reducing your exposure to domestic risks and economic fluctuations.

rm. By participating in this growth, international funds can contribute significantly to my wealth accumulation goals over extended period
t is that holding the bond for more than 8 years exempts us from paying capital gains tax. Additionally, Sovereign Gold Bonds provide a sec

rns offered by savings accounts. Therefore, allocating a portion of our portfolio to fixed deposits becomes a prudent choice. This ensures t

f various reasons that support this decision.

r trains and improved safety features.

wable energy , net zero carbon emission by 2020 and so on .

 edictable performance for my investment.
und leverages this growth potential, aiming to replicate its performance.

income generation from debt instruments. This balance keeps volatility in check and aims for steady long-term growth without overly agg

te significantly to my wealth accumulation goals over extended periods.

aying capital gains tax. Additionally, Sovereign Gold Bonds provide a secure and government-backed investment avenue, ensuring both sta

our portfolio to fixed deposits becomes a prudent choice. This ensures that we have a financial cushion during market downturns, allowing
m growth without overly aggressive risk exposure.
nt avenue, ensuring both stability and potential financial growth over the long term. These bonds also eliminate concerns related to the st

market downturns, allowing us to meet our needs without necessitating the premature exit of holdings from our existing stock investment
 ate concerns related to the storage and security of physical gold while providing the flexibility to trade on the stock exchange.

m our existing stock investments, which may not be advisable under such circumstances.
e stock exchange.
Stocks past FY data
Date TATA ELXSI Close Price ADANI POWERS Close Price IRCON Close price Tata Elxsi Daily return
1/13/2023 6193.695 278.700 60.4684
1/16/2023 6204.212 272.950 59.3175 0.17%
1/17/2023 6206.098 281.950 58.3105 0.03%
1/18/2023 6214.184 278.700 59.0778 0.13%
1/19/2023 6252.633 277.550 58.0708 0.62%
1/20/2023 6328.687 275.050 58.3585 1.22%
1/23/2023 6603.681 273.200 57.6871 4.35%
1/24/2023 6646.743 274.650 57.6871 0.65%
1/25/2023 6545.884 261.000 55.8170 -1.52%
1/27/2023 6612.512 247.950 54.2345 1.02%
1/30/2023 6526.982 235.550 55.4813 -1.29%
1/31/2023 6581.108 223.800 57.8310 0.83%
2/1/2023 6545.834 212.650 55.3375 -0.54%
2/2/2023 6537.003 202.050 55.9608 -0.13%
2/3/2023 6520.037 191.950 54.8579 -0.26%
2/6/2023 6617.324 182.350 54.7141 1.49%
2/7/2023 6640.442 173.250 54.4264 0.35%
2/8/2023 6645.751 181.900 55.3854 0.08%
2/9/2023 6633.150 172.800 53.1316 -0.19%
2/10/2023 6631.661 164.200 52.8919 -0.02%
2/13/2023 6520.831 156.000 51.2615 -1.67%
2/14/2023 6545.487 148.200 53.1796 0.38%
2/15/2023 6598.224 140.800 53.8030 0.81%
2/16/2023 6636.722 147.800 54.1866 0.58%
2/17/2023 6611.073 155.150 54.0875 -0.39%
2/20/2023 6615.042 162.900 52.7007 0.06%
2/21/2023 6609.932 171.000 51.4624 -0.08%
2/22/2023 6467.250 162.450 51.3138 -2.16%
2/23/2023 6434.061 154.350 51.9082 -0.51%
2/24/2023 6462.190 146.650 51.7101 0.44%
2/27/2023 6309.239 139.350 51.5119 -2.37%
2/28/2023 6081.574 146.300 51.2147 -3.61%
3/1/2023 6146.416 153.600 52.9483 1.07%
3/2/2023 6102.708 161.250 52.6016 -0.71%
3/3/2023 6128.407 169.300 52.2549 0.42%
3/6/2023 6189.130 177.750 54.1866 0.99%
3/8/2023 6290.883 186.600 54.6819 1.64%
3/9/2023 6235.666 195.900 54.2856 -0.88%
3/10/2023 6200.690 204.900 53.5922 -0.56%
3/13/2023 6083.261 215.100 51.4129 -1.89%
3/14/2023 6015.343 204.350 52.3539 -1.12%
3/15/2023 6040.694 201.800 52.4530 0.42%
3/16/2023 6067.534 198.700 53.7408 0.44%
3/17/2023 6111.092 199.950 53.5922 0.72%
3/20/2023 5990.984 190.200 53.0969 -1.97%
3/21/2023 6042.332 199.700 53.9389 0.86%
3/22/2023 6008.298 204.050 53.7408 -0.56%
3/23/2023 5993.861 201.400 53.6418 -0.24%
3/24/2023 5954.024 192.600 52.6511 -0.66%
3/27/2023 5910.068 183.000 52.4035 -0.74%
3/28/2023 5880.054 173.850 52.5025 -0.51%
3/29/2023 5909.721 182.500 52.9978 0.50%
3/31/2023 5912.748 191.600 55.4744 0.05%
4/3/2023 5964.541 190.550 57.5547 0.88%
4/5/2023 6051.758 190.100 56.4650 1.46%
4/6/2023 6020.949 192.200 58.0500 -0.51%
4/10/2023 6152.865 194.000 57.4061 2.19%
4/11/2023 6331.663 194.000 56.8117 2.91%
4/12/2023 6327.347 192.450 57.6537 -0.07%
4/13/2023 6234.624 189.150 58.0500 -1.47%
4/17/2023 6240.825 189.450 56.9108 0.10%
4/18/2023 6317.772 188.350 60.5760 1.23%
4/19/2023 6258.140 187.300 61.0714 -0.94%
4/20/2023 6203.021 195.800 62.0620 -0.88%
4/21/2023 6232.144 199.250 62.5573 0.47%
4/24/2023 6204.312 201.400 67.1141 -0.45%
4/25/2023 6222.420 205.650 69.1944 0.29%
4/26/2023 6241.917 211.350 69.2934 0.31%
4/27/2023 6527.032 214.150 71.9186 4.57%
4/28/2023 6591.923 224.850 73.6026 0.99%
5/2/2023 6591.576 235.950 85.4900 -0.01%
5/3/2023 6626.502 231.650 83.5088 0.53%
5/4/2023 6669.019 238.150 81.6761 0.64%
5/5/2023 6608.443 239.850 86.1339 -0.91%
5/8/2023 6726.567 238.700 83.2611 1.79%
5/9/2023 6937.563 240.300 76.9212 3.14%
5/10/2023 7066.453 238.200 78.1099 1.86%
5/11/2023 7142.358 242.650 81.5275 1.07%
5/12/2023 7023.540 240.850 78.5062 -1.66%
5/15/2023 6976.905 235.850 77.7632 -0.66%
5/16/2023 7060.351 236.200 77.8623 1.20%
5/17/2023 7043.929 234.350 80.0416 -0.23%
5/18/2023 6941.185 225.050 79.3482 -1.46%
5/19/2023 6972.688 236.100 77.5651 0.45%
5/22/2023 6877.087 247.900 81.0818 -1.37%
5/23/2023 6968.421 260.250 79.1005 1.33%
5/24/2023 6977.749 256.050 79.3977 0.13%
5/25/2023 7204.521 259.150 79.6949 3.25%
5/26/2023 7409.018 258.050 80.5864 2.84%
5/29/2023 7436.651 256.400 83.4097 0.37%
5/30/2023 7364.268 251.100 79.1996 -0.97%
5/31/2023 7363.822 249.650 80.3883 -0.01%
6/1/2023 7575.115 254.150 81.9733 2.87%
 6/2/2023 7636.087 255.650 80.0911 0.80%
6/5/2023 7638.270 259.450 79.2987 0.03%
6/6/2023 7545.349 263.000 81.7752 -1.22%
6/7/2023 7633.209 274.850 85.9358 1.16%
6/8/2023 7783.630 279.150 83.3602 1.97%
6/9/2023 7756.791 276.200 82.5182 -0.34%
6/12/2023 7797.373 271.550 83.0135 0.52%
6/13/2023 7790.923 267.800 81.0322 -0.08%
6/14/2023 7689.618 265.250 82.1219 -1.30%
6/15/2023 7725.982 269.250 80.5864 0.47%
6/16/2023 7580.771 266.100 82.3200 -1.88%
6/19/2023 7623.486 263.650 83.3602 0.56%
6/20/2023 7710.008 261.700 85.9853 1.13%
6/21/2023 7730.150 260.650 84.9947 0.26%
6/22/2023 7667.250 256.600 83.8555 -0.81%
6/23/2023 7481.950 242.400 81.9238 -2.42%
6/26/2023 7507.750 250.600 82.3696 0.34%
6/27/2023 7546.200 253.100 83.4592 0.51%
6/28/2023 7546.200 253.100 83.4592 0.00%
6/30/2023 7588.500 249.850 82.7163 0.56%
7/3/2023 7546.300 248.450 82.7658 -0.56%
7/4/2023 7513.800 247.100 82.4686 -0.43%
7/5/2023 7553.050 245.650 82.8649 0.52%
7/6/2023 7535.350 246.450 82.4686 -0.23%
7/7/2023 7541.650 243.750 81.2799 0.08%
7/10/2023 7487.250 242.050 81.5771 -0.72%
7/11/2023 7453.150 244.200 81.0818 -0.46%
7/12/2023 7431.250 240.850 80.8341 -0.29%
7/13/2023 7568.050 237.200 78.6052 1.84%
7/14/2023 7730.750 241.900 79.5958 2.15%
7/17/2023 7719.500 245.700 82.8649 -0.15%
7/18/2023 7542.750 246.550 85.6881 -2.29%
7/19/2023 7558.900 245.700 85.3414 0.21%
7/20/2023 7494.300 244.150 87.8179 -0.85%
7/21/2023 7310.850 241.750 92.2757 -2.45%
7/24/2023 7256.700 238.000 91.9290 -0.74%
7/25/2023 7228.850 260.150 90.1954 -0.38%
7/26/2023 7226.700 255.500 95.8914 -0.03%
7/27/2023 7231.050 253.000 94.2569 0.06%
7/28/2023 7223.050 258.550 92.2262 -0.11%
7/31/2023 7159.400 273.300 96.3867 -0.88%
8/1/2023 7185.050 273.200 97.5259 0.36%
8/2/2023 7187.200 267.700 93.7121 0.03%
8/3/2023 7168.850 274.850 95.4457 -0.26%
8/4/2023 7182.450 278.500 94.9503 0.19%
8/7/2023 7177.900 273.300 100.8445 -0.06%
8/8/2023 7162.000 280.250 98.7147 -0.22%
8/9/2023 7159.950 277.150 105.4509 -0.03%
 8/10/2023 7084.800 281.900 104.9060 -1.05%
8/11/2023 7113.750 288.100 102.2809 0.41%
8/14/2023 7073.450 286.100 102.2314 -0.57%
8/16/2023 7065.600 279.900 102.6771 -0.11%
8/17/2023 7080.200 286.550 102.2314 0.21%
8/18/2023 7008.150 304.600 99.3091 -1.02%
8/21/2023 7016.800 324.850 107.6302 0.12%
8/22/2023 7024.050 347.400 109.0171 0.10%
8/23/2023 7106.750 322.850 108.5218 1.18%
8/24/2023 7278.650 328.800 109.4133 2.42%
8/25/2023 7301.450 325.050 106.6396 0.31%
8/28/2023 7374.150 321.800 108.4227 1.00%
8/29/2023 7383.350 332.700 111.7908 0.12%
8/30/2023 7402.050 328.400 112.7319 0.25%
8/31/2023 7247.100 321.300 112.9300 -2.09%
9/1/2023 7284.100 330.250 117.5859 0.51%
9/4/2023 7319.800 341.750 126.6500 0.49%
9/5/2023 7405.300 342.450 126.3000 1.17%
9/6/2023 7356.200 347.550 121.3500 -0.66%
9/7/2023 7399.050 358.800 122.8000 0.58%
9/8/2023 7366.200 369.150 133.6500 -0.44%
9/11/2023 7402.150 398.400 160.3500 0.49%
9/12/2023 7366.850 386.300 150.9500 -0.48%
9/13/2023 7264.400 377.100 147.0000 -1.39%
9/14/2023 7310.650 377.150 150.7500 0.64%
9/15/2023 7234.650 379.400 145.9000 -1.04%
9/18/2023 7288.150 375.000 143.1000 0.74%
9/20/2023 7301.900 368.400 139.5500 0.19%
9/21/2023 7285.950 382.450 135.9000 -0.22%
9/22/2023 7254.850 383.900 141.4500 -0.43%
9/25/2023 7267.750 381.150 143.4500 0.18%
9/26/2023 7310.900 377.500 141.1000 0.59%
9/27/2023 7301.700 375.350 142.5500 -0.13%
9/28/2023 7228.000 375.400 140.9000 -1.01%
9/29/2023 7227.150 377.450 144.8500 -0.01%
10/3/2023 7210.700 366.700 146.2000 -0.23%
10/4/2023 7281.900 372.050 142.2000 0.99%
10/5/2023 7257.200 365.850 142.0000 -0.34%
10/6/2023 7302.750 364.300 141.5500 0.63%
10/9/2023 7299.400 342.000 132.9000 -0.05%
10/10/2023 7359.400 349.650 137.4500 0.82%
10/11/2023 7315.100 349.800 136.9500 -0.60%
10/12/2023 7355.300 347.250 135.9000 0.55%
10/13/2023 7443.750 341.900 149.6500 1.20%
10/16/2023 7477.050 329.650 146.8500 0.45%
10/17/2023 7445.350 335.500 160.0500 -0.42%
10/18/2023 7608.900 333.950 156.6000 2.20%
10/19/2023 7704.050 344.450 153.9000 1.25%
10/20/2023 7564.400 338.300 154.5500 -1.81%
10/23/2023 7336.450 316.450 142.9000 -3.01%
10/25/2023 7545.250 312.700 136.2000 2.85%
10/26/2023 7463.500 327.350 140.0500 -1.08%
10/27/2023 7601.600 354.150 140.8500 1.85%
10/30/2023 7639.250 357.950 138.6000 0.50%
10/31/2023 7625.200 363.050 138.7500 -0.18%
11/1/2023 7483.400 365.200 137.7500 -1.86%
11/2/2023 7496.900 372.950 138.7000 0.18%
11/3/2023 7617.000 384.650 142.3500 1.60%
11/6/2023 7831.600 394.000 146.0500 2.82%
11/7/2023 8171.150 383.800 152.5000 4.34%
11/8/2023 8242.900 393.400 154.6500 0.88%
11/9/2023 8050.900 401.100 153.3500 -2.33%
11/10/2023 8055.050 399.400 153.5000 0.05%
11/13/2023 8086.800 390.600 158.4500 0.39%
11/15/2023 8194.750 391.000 158.1500 1.33%
11/16/2023 8459.150 389.550 154.6500 3.23%
11/17/2023 8306.600 387.300 167.6000 -1.80%
11/20/2023 8284.700 389.950 164.7500 -0.26%
11/21/2023 8423.250 392.500 165.6500 1.67%
11/22/2023 8389.700 387.200 166.2500 -0.40%
11/23/2023 8380.350 381.700 165.5000 -0.11%
11/24/2023 8334.550 397.200 166.0000 -0.55%
11/28/2023 8306.200 446.200 168.0500 -0.34%
11/29/2023 8388.550 433.100 166.2000 0.99%
11/30/2023 8252.800 431.500 165.6000 -1.62%
12/1/2023 8423.250 440.400 170.3000 2.07%
12/4/2023 8402.800 464.700 175.9000 -0.24%
12/5/2023 8392.100 538.150 173.3000 -0.13%
12/6/2023 8454.550 560.450 171.9500 0.74%
12/7/2023 8365.450 562.400 160.7500 -1.05%
12/8/2023 8365.850 533.800 160.6500 0.00%
12/11/2023 8446.250 526.150 163.3000 0.96%
12/12/2023 8901.900 516.950 162.2000 5.39%
12/13/2023 8858.750 505.700 160.8500 -0.48%
12/14/2023 8985.650 528.950 172.0500 1.43%
12/15/2023 9053.600 538.850 171.9000 0.76%
12/18/2023 9087.350 539.350 177.9500 0.37%
12/19/2023 8900.750 535.450 176.8000 -2.05%
12/20/2023 8608.350 508.800 162.9000 -3.29%
12/21/2023 8770.450 511.650 167.3500 1.88%
12/22/2023 8870.650 512.550 166.6000 1.14%
12/26/2023 8860.300 511.700 171.2000 -0.12%
12/27/2023 8801.500 522.450 169.0000 -0.66%
12/28/2023 8757.950 523.400 169.2000 -0.49%
12/29/2023 8753.450 525.150 171.4000 -0.05%
1/1/2024 8744.200 523.250 174.5500 -0.11%
 1/2/2024 8711.450 518.600 174.3000 -0.37%
1/3/2024 8607.550 544.500 187.1000 -1.19%
1/4/2024 8639.650 558.550 185.9000 0.37%
1/5/2024 8645.850 551.100 184.1500 0.07%
1/8/2024 8584.150 541.700 179.5000 -0.71%
1/9/2024 8643.600 539.750 181.4000 0.69%
1/10/2024 8755.450 542.300 192.8500 1.29%
1/11/2024 8720.800 540.150 194.7500 -0.40%
1/12/2024 8737.250 541.150 195.0500 0.19%
Adani power Daily return IRCON Daily return EXPECTED RETURNS & SD
SECTOR
-2.06% -1.90% STOCK NAME
3.30% -1.70% Average daily return
-1.15% 1.32% Annual Return
-0.41% -1.70% Standard deviation
-0.90% 0.50%
-0.67% -1.15% RISK FREE RATE
0.53% 0.00% RF
-4.97% -3.24%
-5.00% -2.84% Variance Covariance Matrix
-5.00% 2.30%
-4.99% 4.24%
-4.98% -4.31% TATA
-4.98% 1.13% ADANI
-5.00% -1.97% IRCON
-5.00% -0.26%
-4.99% -0.53% Contribution to VAR
4.99% 1.76%
-5.00% -4.07%
-4.98% -0.45% Sum of weights
-4.99% -3.08% Portfolio Expected Return
-5.00% 3.74% Std of Portfolio
-4.99% 1.17% Sharpe Ratio
4.97% 0.71%
4.97% -0.18%
5.00% -2.56%
4.97% -2.35%
-5.00% -0.29%
-4.99% 1.16%
-4.99% -0.38%
-4.98% -0.38%
4.99% -0.58%
4.99% 3.38%
4.98% -0.65%
4.99% -0.66%
4.99% 3.70%
4.98% 0.91%
4.98% -0.72%
4.59% -1.28%
4.98% -4.07%
-5.00% 1.83%
-1.25% 0.19%
-1.54% 2.46%
0.63% -0.28%
-4.88% -0.92%
 4.99% 1.59%
2.18% -0.37%
-1.30% -0.18%
-4.37% -1.85%
-4.98% -0.47%
-5.00% 0.19%
4.98% 0.94%
4.99% 4.67%
-0.55% 3.75%
-0.24% -1.89%
1.10% 2.81%
0.94% -1.11%
0.00% -1.04%
-0.80% 1.48%
-1.71% 0.69%
0.16% -1.96%
-0.58% 6.44%
-0.56% 0.82%
4.54% 1.62%
1.76% 0.80%
1.08% 7.28%
2.11% 3.10%
2.77% 0.14%
1.32% 3.79%
5.00% 2.34%
4.94% 16.15%
-1.82% -2.32%
2.81% -2.19%
0.71% 5.46%
-0.48% -3.34%
0.67% -7.61%
-0.87% 1.55%
1.87% 4.38%
-0.74% -3.71%
-2.08% -0.95%
0.15% 0.13%
-0.78% 2.80%
-3.97% -0.87%
4.91% -2.25%
5.00% 4.53%
4.98% -2.44%
-1.61% 0.38%
1.21% 0.37%
-0.42% 1.12%
-0.64% 3.50%
-2.07% -5.05%
-0.58% 1.50%
1.80% 1.97%
 0.59% -2.30%
1.49% -0.99%
1.37% 3.12%
4.51% 5.09%
1.56% -3.00%
-1.06% -1.01%
-1.68% 0.60%
-1.38% -2.39%
-0.95% 1.34%
1.51% -1.87%
-1.17% 2.15%
-0.92% 1.26%
-0.74% 3.15%
-0.40% -1.15%
-1.55% -1.34%
-5.53% -2.30%
3.38% 0.54%
1.00% 1.32%
0.00% 0.00%
-1.28% -0.89%
-0.56% 0.06%
-0.54% -0.36%
-0.59% 0.48%
0.33% -0.48%
-1.10% -1.44%
-0.70% 0.37%
0.89% -0.61%
-1.37% -0.31%
-1.52% -2.76%
1.98% 1.26%
1.57% 4.11%
0.35% 3.41%
-0.34% -0.40%
-0.63% 2.90%
-0.98% 5.08%
-1.55% -0.38%
9.31% -1.89%
-1.79% 6.32%
-0.98% -1.70%
2.19% -2.15%
5.70% 4.51%
-0.04% 1.18%
-2.01% -3.91%
2.67% 1.85%
1.33% -0.52%
-1.87% 6.21%
2.54% -2.11%
-1.11% 6.82%
 1.71% -0.52%
2.20% -2.50%
-0.69% -0.05%
-2.17% 0.44%
2.38% -0.43%
6.30% -2.86%
6.65% 8.38%
6.94% 1.29%
-7.07% -0.45%
1.84% 0.82%
-1.14% -2.54%
-1.00% 1.67%
3.39% 3.11%
-1.29% 0.84%
-2.16% 0.18%
2.79% 4.12%
3.48% 7.71%
0.20% -0.28%
1.49% -3.92%
3.24% 1.19%
2.88% 8.84%
7.92% 19.98%
-3.04% -5.86%
-2.38% -2.62%
0.01% 2.55%
0.60% -3.22%
-1.16% -1.92%
-1.76% -2.48%
3.81% -2.62%
0.38% 4.08%
-0.72% 1.41%
-0.96% -1.64%
-0.57% 1.03%
0.01% -1.16%
0.55% 2.80%
-2.85% 0.93%
1.46% -2.74%
-1.67% -0.14%
-0.42% -0.32%
-6.12% -6.11%
2.24% 3.42%
0.04% -0.36%
-0.73% -0.77%
-1.54% 10.12%
-3.58% -1.87%
1.77% 8.99%
-0.46% -2.16%
3.14% -1.72%
-1.79% 0.42%
-6.46% -7.54%
-1.19% -4.69%
4.68% 2.83%
8.19% 0.57%
1.07% -1.60%
1.42% 0.11%
0.59% -0.72%
2.12% 0.69%
3.14% 2.63%
2.43% 2.60%
-2.59% 4.42%
2.50% 1.41%
1.96% -0.84%
-0.42% 0.10%
-2.20% 3.22%
0.10% -0.19%
-0.37% -2.21%
-0.58% 8.37%
0.68% -1.70%
0.65% 0.55%
-1.35% 0.36%
-1.42% -0.45%
4.06% 0.30%
12.34% 1.23%
-2.94% -1.10%
-0.37% -0.36%
2.06% 2.84%
5.52% 3.29%
15.81% -1.48%
4.14% -0.78%
0.35% -6.51%
-5.09% -0.06%
-1.43% 1.65%
-1.75% -0.67%
-2.18% -0.83%
4.60% 6.96%
1.87% -0.09%
0.09% 3.52%
-0.72% -0.65%
-4.98% -7.86%
0.56% 2.73%
0.18% -0.45%
-0.17% 2.76%
2.10% -1.29%
0.18% 0.12%
0.33% 1.30%
-0.36% 1.84%
-0.89% -0.14%
4.99% 7.34%
2.58% -0.64%
-1.33% -0.94%
-1.71% -2.53%
-0.36% 1.06%
0.47% 6.31%
-0.40% 0.99%
0.19% 0.15%
TECHNOLOGY RENEWABLE INFRSTRUCTURE
TATA ADANI IRCON
0.15% 0.33% 0.53%
45% 125% 278%
0.0128851881125176 0.0333013867 0.0334298925527

7.24%

TATA ADANI IRCON

Weights 38.44% 9.27% 52.30%
38.44% 0.0001654 0.0000489 0.0000361
9.27% 0.0000489 0.0011045 0.0002885
52.30% 0.0000361 0.0002885 0.0011130

0.003342% 0.002521% 0.032564%

100.0%
174.14%
1.96%
8514%
Microsoft Excel 16.0 Sensitivity Report
Worksheet: [Asset_Allocation_Assignment_Group17.xlsx]3. OPTIMIZATION
Report Created: 14-01-2024 17:42:05

Variable Cells
Final Reduced
Cell Name Value Gradient
$L$13 Weights TATA 0.3843632153 0
$M$13 Weights ADANI 0.0926618683 0
$N$13 Weights IRCON 0.5229759164 0

Constraints
Final Lagrange
Cell Name Value Multiplier
$K$21 Sum of weights Weights 1.000001 3.6938433647