Top Picks, Investment Strategy For August - Healthy Performance; Sustainability Is The Key: Axis Securities
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Axis Securities Report
Axis Securities top picks basket delivered an excellent 9% return in July 2021, beating all major benchmarks by a significant margin.
Our top picks basket has delivered ~100% (99.24% to be precise) since its inception in May 2020.
Even as the broader market continued to outperform, July month witnessed trends similar to those in the prior months with Nifty showcasing limited returns.
Nonetheless, the benchmark Nifty index hit a new high during the month with the July high being 4% higher than the February 15th high, which stands significant.
The sectors that delivered excellent returns during the month were real estate,, metals, and IT.
Other sectors, however, were a mixed bag.
The banking, financial services and insurance sector has been sideways since the second Covid-19 wave.
Click on the attachment for the full list of Axis Securities’ stock picks for August:
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