Month Infy.NS HINDUNILVR.NS TCS.

NS
Jan-10 236.42 191.81 290.34
Feb-10 248.50 186.98 301.24
Mar-10 249.84 189.64 308.69
Apr-10 261.51 189.83 302.66
May-10 253.85 187.78 293.82
Jun-10 268.14 211.80 296.97
Jul-10 267.89 199.06 336.39
Aug-10 260.73 212.16 338.76
Sep-10 293.08 247.90 372.17
Oct-10 285.50 236.39 422.74
Nov-10 296.07 239.23 432.01
Dec-10 334.08 253.57 468.90
Jan-11 302.54 219.73 466.42
Feb-11 290.84 228.53 447.36
Mar-11 314.53 232.66 477.04
Apr-11 282.02 231.12 469.69
May-11 270.32 246.80 466.26
Jun-11 284.47 278.49 477.16
Jul-11 271.32 262.56 461.27
Aug-11 229.00 262.38 424.00
Sep-11 247.58 278.92 421.93
Oct-11 281.25 307.75 453.86
Nov-11 256.20 325.23 455.02
Dec-11 272.01 336.71 473.42
Jan-12 269.88 313.19 461.89
Feb-12 283.39 314.23 499.80
Mar-12 281.70 338.90 478.06
Apr-12 241.98 345.14 509.88
May-12 238.76 353.73 509.37
Jun-12 247.66 375.64 522.50
Jul-12 219.80 386.26 511.95
Aug-12 233.10 429.61 554.51
Sep-12 250.20 455.26 534.77
Oct-12 233.23 455.89 542.85
Nov-12 242.05 448.80 543.48
Dec-12 230.32 444.25 519.43
Jan-13 277.08 401.16 555.95
Feb-13 288.75 375.01 628.87
Mar-13 287.00 395.24 653.23
Apr-13 222.05 494.14 571.42
May-13 239.55 501.51 621.18
Jun-13 251.09 495.29 629.35
Jul-13 298.40 518.48 759.34
Aug-13 312.08 539.83 852.32
Sep-13 302.75 536.41 808.13
Oct-13 332.59 521.36 885.37
Nov-13 339.10 513.05 841.90
Dec-13 352.35 492.26 912.34
Jan-14 374.13 491.79 941.32
Feb-14 386.64 473.80 957.60
Mar-14 331.84 522.37 897.60
Apr-14 321.53 489.55 921.18
May-14 297.13 520.47 901.05
Jun-14 333.61 535.14 1020.57
Jul-14 345.10 599.31 1096.06
Aug-14 368.78 648.06 1088.25
Sep-14 384.05 651.16 1180.69
Oct-14 415.15 644.48 1125.14
Nov-14 450.22 691.83 1142.61
Dec-14 407.39 668.95 1105.98
Jan-15 442.36 820.72 1073.03
Feb-15 467.94 780.76 1153.28
Mar-15 458.15 768.79 1106.33
Apr-15 401.13 748.38 1067.23
May-15 417.84 756.47 1130.73
Jun-15 406.59 806.77 1105.03
Jul-15 451.63 819.68 1097.72
Aug-15 458.91 765.65 1123.44
Sep-15 487.23 724.61 1133.95
Oct-15 476.12 712.07 1093.27
Nov-15 460.37 728.19 1046.79
Dec-15 467.78 773.70 1074.71
Jan-16 492.96 732.58 1054.62
Feb-16 458.75 744.69 962.34
Mar-16 515.56 779.76 1114.20
Apr-16 511.24 778.32 1120.92
May-16 528.40 760.65 1135.91
Jun-16 495.46 805.81 1128.70
Jul-16 459.72 836.46 1169.98
Aug-16 443.45 831.47 1124.64
Sep-16 443.54 786.87 1088.59
Oct-16 427.03 758.44 1074.22
Nov-16 422.12 765.24 1022.03
Dec-16 437.28 755.56 1062.22
Jan-17 401.80 782.12 1001.26
Feb-17 438.06 791.72 1110.59
Mar-17 442.32 833.64 1095.08
Apr-17 397.63 854.86 1023.64
May-17 422.77 975.60 1146.78
Jun-17 404.81 987.12 1063.80
Jul-17 444.25 1066.23 1134.64
Aug-17 401.96 1125.28 1139.92
Sep-17 395.35 1082.98 1112.34
Oct-17 405.00 1141.60 1198.21
Nov-17 434.82 1173.89 1207.42
Dec-17 464.19 1270.12 1236.82
Jan-18 512.39 1271.51 1425.07
Feb-18 522.35 1223.60 1392.97
Mar-18 504.17 1238.08 1307.65
Apr-18 534.33 1401.09 1621.10
May-18 548.72 1496.31 1598.15
Jun-18 582.31 1523.89 1710.21
Jul-18 612.91 1620.05 1795.78
Aug-18 647.03 1665.38 1927.57
Sep-18 655.56 1504.75 2025.23
Oct-18 616.37 1517.19 1797.50
Nov-18 605.88 1650.33 1829.26
Dec-18 598.16 1712.10 1759.37
Jan-19 680.40 1659.03 1871.87
Feb-19 670.22 1630.24 1847.33
Mar-19 678.94 1605.92 1864.28
Apr-19 685.79 1653.81 2105.23
May-19 673.37 1682.79 2045.81
Jun-19 668.12 1681.94 2074.36
Jul-19 734.63 1636.34 2070.96
Aug-19 754.30 1783.47 2126.52
Sep-19 745.73 1878.28 1975.66
Oct-19 634.61 2061.57 2135.98
Nov-19 659.55 1938.87 1970.85
Dec-19 692.51 1831.89 2074.94
Jan-20 734.94 1937.87 1995.61
Feb-20 693.03 2071.71 1924.24
Mar-20 607.60 2189.60 1756.79
Apr-20 677.69 2091.00 1952.15
May-20 654.48 1959.88 1911.35
Jun-20 706.54 2076.71 2017.76
Jul-20 927.40 2119.56 2217.35
Aug-20 891.50 2039.48 2198.80
Sep-20 967.96 1992.19 2427.76
Oct-20 1018.22 1995.13 2595.84
Nov-20 1067.39 2072.90 2621.39
Dec-20 1218.57 2322.24 2800.51
Jan-21 1202.32 2194.76 3043.70
Feb-21 1216.15 2066.93 2836.76
Mar-21 1327.50 2357.24 3114.67
Apr-21 1314.20 2281.86 2975.30
May-21 1352.43 2268.58 3096.34
Jun-21 1550.49 2395.82 3295.27
Jul-21 1579.62 2278.41 3119.66
Aug-21 1673.73 2660.01 3737.46
Sep-21 1643.08 2638.24 3726.70
Oct-21 1635.78 2336.85 3353.79
Nov-21 1694.70 2276.93 3490.17
Dec-21 1867.97 2318.79 3697.06
Jan-22 1718.01 2233.90 3694.99
Feb-22 1697.62 2134.03 3521.12
Mar-22 1886.87 2012.75 3705.15
Apr-22 1551.12 2195.68 3513.69
May-22 1487.84 2312.01 3333.04
Jun-22 1461.90 2191.51 3258.50
Jul-22 1549.70 2637.40 3293.21
Aug-22 1492.95 2659.85 3211.15
Inf HUL

4.98% -2.55%
0.54% 1.41%
4.57% 0.10%
-2.97% -1.09%
5.48% 12.04%
-0.09% -6.21%
-2.71% 6.38%
11.69% 15.57%
-2.62% -4.75%
3.63% 1.20%
12.08% 5.82%
-9.92% -14.32%
-3.95% 3.92%
7.83% 1.79%
-10.91% -0.66%
-4.24% 6.56%
5.10% 12.08%
-4.73% -5.89%
-16.96% -0.07%
7.80% 6.11%
12.75% 9.83%
-9.33% 5.53%
5.99% 3.47%
-0.79% -7.24%
4.88% 0.33%
-0.60% 7.56%
-15.20% 1.82%
-1.34% 2.46%
3.66% 6.01%
-11.93% 2.79%
 5.87% 10.64%
7.08% 5.80%
-7.02% 0.14%
3.71% -1.57%
-4.97% -1.02%
18.49% -10.20%
4.13% -6.74%
-0.61% 5.25%
-25.66% 22.33%
7.59% 1.48%
4.70% -1.25%
17.26% 4.58%
4.48% 4.04%
-3.04% -0.64%
9.40% -2.85%
1.94% -1.61%
3.83% -4.14%
6.00% -0.10%
3.29% -3.73%
-15.28% 9.76%
-3.16% -6.49%
-7.89% 6.13%
11.58% 2.78%
3.39% 11.33%
6.64% 7.82%
4.06% 0.48%
7.79% -1.03%
8.11% 7.09%
-10.00% -3.36%
8.24% 20.45%
5.62% -4.99%
-2.11% -1.54%
-13.29% -2.69%
4.08% 1.08%
-2.73% 6.44%
10.50% 1.59%
1.60% -6.82%
5.99% -5.51%
-2.31% -1.75%
-3.36% 2.24%
1.60% 6.06%
5.24% -5.46%
-7.19% 1.64%
11.68% 4.60%
-0.84% -0.18%
3.30% -2.30%
-6.44% 5.77%
-7.49% 3.73%
-3.60% -0.60%
0.02% -5.51%
-3.79% -3.68%
-1.16% 0.89%
3.53% -1.27%
-8.46% 3.46%
8.64% 1.22%
0.97% 5.16%
-10.65% 2.51%
6.13% 13.21%
-4.34% 1.17%
9.30% 7.71%
-10.00% 5.39%
-1.66% -3.83%
2.41% 5.27%
7.10% 2.79%
 6.54% 7.88%
9.88% 0.11%
1.92% -3.84%
-3.54% 1.18%
5.81% 12.37%
2.66% 6.58%
5.94% 1.83%
5.12% 6.12%
5.42% 2.76%
1.31% -10.14%
-6.17% 0.82%
-1.72% 8.41%
-1.28% 3.67%
12.88% -3.15%
-1.51% -1.75%
1.29% -1.50%
1.00% 2.94%
-1.83% 1.74%
-0.78% -0.05%
9.49% -2.75%
2.64% 8.61%
-1.14% 5.18%
-16.14% 9.31%
3.85% -6.14%
4.88% -5.68%
5.95% 5.62%
-5.87% 6.68%
-13.16% 5.53%
10.92% -4.61%
-3.48% -6.48%
7.65% 5.79%
27.20% 2.04%
 -3.95% -3.85%
8.23% -2.35%
5.06% 0.15%
4.72% 3.82%
13.25% 11.36%
-1.34% -5.65%
1.14% -6.00%
8.76% 13.14%
-1.01% -3.25%
2.87% -0.58%
13.67% 5.46%
1.86% -5.03%
5.79% 15.49%
-1.85% -0.82%
-0.45% -12.13%
3.54% -2.60%
9.73% 1.82%
-8.37% -3.73%
-1.19% -4.57%
10.57% -5.85%
-19.59% 8.70%
-4.17% 5.16%
-1.76% -5.35%
5.83% 18.52%
-3.73% 0.85%

Average 1.22% 1.74%

Std 7.68% 6.18%
Aveage of Ret
Average of SD
Var 0.5901% 0.3817%
Risk Reduction 10.85%

Correlation 0.017

w Sd
6.18%
0.000% 6.178%
5.000% 6.178%
10.000% 6.178%
15.000% 6.178%
20.000% 6.178%
25.000% 6.178%
30.000% 6.178%
35.000% 6.178%
40.000% 6.178%
45.000% 6.178%
50.000% 6.178%
55.000% 6.178%
60.000% 6.178%
65.000% 6.178%
70.000% 6.178%
75.000% 6.178%
80.000% 6.178%
85.000% 6.178%
90.000% 6.178%
95.000% 6.178%
100.000% 6.178%
 50% Inf

-2.55% 4.98%
1.41% 0.54%
0.10% 4.57%
-1.09% -2.97%
12.04% 5.48%
-6.21% -0.09%
6.38% -2.71%
15.57% 11.69%
-4.75% -2.62%
1.20% 3.63%
5.82% 12.08%
-14.32% -9.92%
3.92% -3.95%
1.79% 7.83%
-0.66% -10.91%
6.56% -4.24%
12.08% 5.10%
-5.89% -4.73%
-0.07% -16.96%
6.11% 7.80%
9.83% 12.75%
5.53% -9.33%
3.47% 5.99%
-7.24% -0.79%
0.33% 4.88%
7.56% -0.60%
1.82% -15.20%
2.46% -1.34%
6.01% 3.66%
2.79% -11.93%
 10.64% 5.87%
5.80% 7.08%
0.14% -7.02%
-1.57% 3.71%
-1.02% -4.97%
-10.20% 18.49%
-6.74% 4.13%
5.25% -0.61%
22.33% -25.66%
1.48% 7.59%
-1.25% 4.70%
4.58% 17.26%
4.04% 4.48%
-0.64% -3.04%
-2.85% 9.40%
-1.61% 1.94%
-4.14% 3.83%
-0.10% 6.00%
-3.73% 3.29%
9.76% -15.28%
-6.49% -3.16%
6.13% -7.89%
2.78% 11.58%
11.33% 3.39%
7.82% 6.64%
0.48% 4.06%
-1.03% 7.79%
7.09% 8.11%
-3.36% -10.00%
20.45% 8.24%
-4.99% 5.62%
-1.54% -2.11%
-2.69% -13.29%
1.08% 4.08%
6.44% -2.73%
1.59% 10.50%
-6.82% 1.60%
-5.51% 5.99%
-1.75% -2.31%
2.24% -3.36%
6.06% 1.60%
-5.46% 5.24%
1.64% -7.19%
4.60% 11.68%
-0.18% -0.84%
-2.30% 3.30%
5.77% -6.44%
3.73% -7.49%
-0.60% -3.60%
-5.51% 0.02%
-3.68% -3.79%
0.89% -1.16%
-1.27% 3.53%
3.46% -8.46%
1.22% 8.64%
5.16% 0.97%
2.51% -10.65%
13.21% 6.13%
1.17% -4.34%
7.71% 9.30%
5.39% -10.00%
-3.83% -1.66%
5.27% 2.41%
2.79% 7.10%
 7.88% 6.54%
0.11% 9.88%
-3.84% 1.92%
1.18% -3.54%
12.37% 5.81%
6.58% 2.66%
1.83% 5.94%
6.12% 5.12%
2.76% 5.42%
-10.14% 1.31%
0.82% -6.17%
8.41% -1.72%
3.67% -1.28%
-3.15% 12.88%
-1.75% -1.51%
-1.50% 1.29%
2.94% 1.00%
1.74% -1.83%
-0.05% -0.78%
-2.75% 9.49%
8.61% 2.64%
5.18% -1.14%
9.31% -16.14%
-6.14% 3.85%
-5.68% 4.88%
5.62% 5.95%
6.68% -5.87%
5.53% -13.16%
-4.61% 10.92%
-6.48% -3.48%
5.79% 7.65%
2.04% 27.20%
 -3.85% -3.95%
-2.35% 8.23%
0.15% 5.06%
3.82% 4.72%
11.36% 13.25%
-5.65% -1.34%
-6.00% 1.14%
13.14% 8.76%
-3.25% -1.01%
-0.58% 2.87%
5.46% 13.67%
-5.03% 1.86%
15.49% 5.79%
-0.82% -1.85%
-12.13% -0.45%
-2.60% 3.54%
1.82% 9.73%
-3.73% -8.37%
-4.57% -1.19%
-5.85% 10.57%
8.70% -19.59%
5.16% -4.17%
-5.35% -1.76%
18.52% 5.83%
0.85% -3.73%

1.74% 1.22%
6.18% 7.68%
1.48%
6.93%
Infosys HUL
Minimum Variance Port 39.10% 60.90%
Maximum Sharpe Ratio Portf 30.000% 70.000%

0.007909%

Ret
1.74% Sharpe Ratio(Reward-Risk Ratio)
1.741% 0.282
1.741% 0.282
1.741% 0.282
1.741% 0.282
1.741% 0.282
1.741% 0.282 1.800%
1.741% 0.282
1.741% 0.282 1.700%

1.741% 0.282
1.600%
1.741% 0.282
1.741% 0.282 1.500%

1.741% 0.282
1.741% 0.282 1.400%

1.741% 0.282
1.300%
1.741% 0.282
1.741% 0.282 1.200%

1.741% 0.282
1.741% 0.282 1.100%

1.741% 0.282 1.000%

4.000% 4.50
1.741% 0.282
1.741% 0.282
TCS 50%

3.68% 4.33%
2.44% 1.49%
-1.97% 1.30%
-2.96% -2.97%
1.06% 3.27%
12.46% 6.19%
0.70% -1.00%
9.40% 10.55%
12.74% 5.06%
2.17% 2.90%
8.19% 10.14%
-0.53% -5.22%
-4.17% -4.06%
6.42% 7.13%
-1.55% -6.23%
-0.73% -2.49%
2.31% 3.71%
-3.39% -4.06%
-8.42% -12.69%
-0.49% 3.66%
7.30% 10.02%
0.26% -4.54%
3.96% 4.97%
-2.46% -1.62%
7.89% 6.39%
-4.45% -2.52%
6.44% -4.38%
-0.10% -0.72%
2.54% 3.10%
-2.04% -6.99%
 7.99% 6.93%
-3.63% 1.73%
1.50% -2.76%
0.11% 1.91%
-4.53% -4.75%
6.79% 12.64%
12.33% 8.23%
3.80% 1.60%
-13.38% -19.52%
8.35% 7.97%
1.31% 3.01%
18.78% 18.02%
11.55% 8.02%
-5.32% -4.18%
9.13% 9.26%
-5.03% -1.55%
8.04% 5.93%
3.13% 4.56%
1.71% 2.50%
-6.47% -10.88%
2.59% -0.28%
-2.21% -5.05%
12.46% 12.02%
7.14% 5.26%
-0.71% 2.96%
8.15% 6.10%
-4.82% 1.48%
1.54% 4.83%
-3.26% -6.63%
-3.02% 2.61%
7.21% 6.42%
-4.16% -3.14%
-3.60% -8.44%
5.78% 4.93%
-2.30% -2.51%
-0.66% 4.92%
2.32% 1.96%
0.93% 3.46%
-3.65% -2.98%
-4.34% -3.85%
2.63% 2.11%
-1.89% 1.68%
-9.16% -8.17%
14.65% 13.16%
0.60% -0.12%
1.33% 2.31%
-0.64% -3.54%
3.59% -1.95%
-3.95% -3.78%
-3.26% -1.62%
-1.33% -2.56%
-4.98% -3.07%
3.86% 3.69%
-5.91% -7.19%
10.36% 9.50%
-1.41% -0.22%
-6.75% -8.70%
11.36% 8.74%
-7.51% -5.93%
6.45% 7.87%
0.46% -4.77%
-2.45% -2.05%
7.44% 4.92%
0.77% 3.94%
 2.41% 4.47%
14.17% 12.02%
-2.28% -0.18%
-6.32% -4.93%
21.49% 13.65%
-1.43% 0.62%
6.78% 6.36%
4.88% 5.00%
7.08% 6.25%
4.94% 3.13%
-11.93% -9.05%
1.75% 0.02%
-3.90% -2.59%
6.20% 9.54%
-1.32% -1.41%
0.91% 1.10%
12.15% 6.58%
-2.86% -2.34%
1.39% 0.30%
-0.16% 4.66%
2.65% 2.64%
-7.36% -4.25%
7.80% -4.17%
-8.05% -2.10%
5.15% 5.01%
-3.90% 1.02%
-3.64% -4.76%
-9.10% -11.13%
10.54% 10.73%
-2.11% -2.80%
5.42% 6.54%
9.43% 18.32%
 -0.84% -2.39%
9.91% 9.07%
6.69% 5.88%
0.98% 2.85%
6.61% 9.93%
8.33% 3.49%
-7.04% -2.95%
9.35% 9.05%
-4.58% -2.79%
3.99% 3.43%
6.23% 9.95%
-5.48% -1.81%
18.07% 11.93%
-0.29% -1.07%
-10.54% -5.49%
3.99% 3.76%
5.76% 7.75%
-0.06% -4.21%
-4.82% -3.01%
5.09% 7.83%
-5.31% -12.45%
-5.28% -4.72%
-2.26% -2.01%
1.06% 3.45%
-2.52% -3.13%

1.59% 1.41%
6.32% 6.23%

1.41%

7.00%
 Risk Reduction 11.04%
Correlation 0.579

800%

700%

600%

500%

400%

300%

200%

100%

000%
4.000% 4.500% 5.000% 5.500% 6.000% 6.500%
6.000% 6.500%
Month AMBUJACEM.NS ACC.NS GODREJCP.NS
Jan-10 78.32 682.62 71.28
Feb-10 82.28 722.87 74.83
Mar-10 93.24 744.76 79.67
Apr-10 94.18 718.36 88.43
May-10 84.69 649.71 99.07
Jun-10 89.39 696.97 105.53
Jul-10 91.65 659.59 105.26
Aug-10 97.68 699.06 113.95
Sep-10 110.52 795.04 124.65
Oct-10 110.12 791.43 128.96
Nov-10 110.71 790.18 125.48
Dec-10 112.56 863.92 119.09
Jan-11 99.16 796.49 114.12
Feb-11 92.64 778.58 111.19
Mar-11 117.26 863.07 112.79
Apr-11 125.85 900.28 116.10
May-11 110.38 831.07 129.51
Jun-11 106.32 768.93 133.72
Jul-11 102.90 818.40 135.33
Aug-11 105.84 811.29 132.66
Sep-11 119.80 898.56 124.36
Oct-11 124.95 977.49 135.80
Nov-11 119.48 935.98 124.68
Dec-11 124.99 929.93 120.01
Jan-12 129.50 975.98 138.70
Feb-12 129.34 1068.28 140.53
Mar-12 140.02 1111.96 149.78
Apr-12 122.54 1025.14 168.17
May-12 122.98 945.43 181.19
Jun-12 141.52 1050.75 179.73
 Jul-12 146.73 1097.27 196.54
Aug-12 151.84 1084.26 216.64
Sep-12 165.52 1228.33 209.67
Oct-12 166.10 1152.30 226.11
Nov-12 170.44 1156.35 230.80
Dec-12 164.62 1196.71 226.67
Jan-13 167.08 1105.55 223.47
Feb-13 156.96 1063.31 227.55
Mar-13 144.40 968.60 244.53
Apr-13 154.63 1047.85 259.52
May-13 151.15 1035.49 271.92
Jun-13 154.88 1038.81 258.00
Jul-13 138.84 997.09 251.29
Aug-13 143.41 826.75 255.20
Sep-13 152.57 953.53 264.12
Oct-13 157.41 973.17 274.89
Nov-13 154.91 940.37 279.23
Dec-13 152.65 950.79 270.89
Jan-14 133.01 866.84 238.01
Feb-14 140.40 947.49 247.58
Mar-14 171.33 1200.16 271.75
Apr-14 167.56 1108.79 252.50
May-14 184.38 1146.52 246.46
Jun-14 186.92 1259.93 261.43
Jul-14 174.89 1197.03 266.60
Aug-14 176.35 1293.38 312.66
Sep-14 182.67 1212.79 313.88
Oct-14 194.60 1299.19 307.92
Nov-14 196.52 1278.48 303.02
Dec-14 195.62 1213.31 309.19
Jan-15 212.63 1352.22 337.29
Feb-15 230.33 1450.14 364.40
Mar-15 218.23 1354.21 331.15
Apr-15 198.66 1256.95 334.58
May-15 203.10 1325.95 334.04
Jun-15 196.52 1266.46 394.51
Jul-15 198.57 1216.36 438.81
Aug-15 177.12 1179.30 424.85
Sep-15 175.92 1189.81 389.27
Oct-15 176.90 1218.83 402.72
Nov-15 170.02 1188.27 394.41
Dec-15 173.57 1202.09 421.37
Jan-16 166.99 1095.55 391.20
Feb-16 160.66 1054.77 379.51
Mar-16 200.02 1226.62 441.33
Apr-16 190.08 1280.99 422.43
May-16 196.45 1357.24 473.89
Jun-16 219.15 1434.46 514.76
Jul-16 233.30 1498.95 509.49
Aug-16 239.07 1517.68 485.76
Sep-16 217.82 1429.39 508.48
Oct-16 208.86 1355.10 515.68
Nov-16 182.39 1199.37 466.98
Dec-16 178.49 1189.23 484.24
Jan-17 198.18 1262.90 506.81
Feb-17 198.44 1261.11 528.80
Mar-17 204.75 1291.98 536.35
Apr-17 213.86 1459.41 559.26
May-17 209.81 1468.84 581.33
Jun-17 214.42 1406.93 625.22
Jul-17 228.86 1555.11 669.88
Aug-17 243.82 1625.63 600.16
Sep-17 233.16 1496.19 594.23
Oct-17 246.33 1633.99 603.76
Nov-17 229.70 1506.12 621.61
Dec-17 238.06 1587.84 646.80
Jan-18 229.09 1548.88 681.72
Feb-18 220.82 1465.62 692.75
Mar-18 203.85 1361.28 708.45
Apr-18 219.33 1433.20 723.60
May-18 182.81 1223.21 737.92
Jun-18 184.63 1236.18 799.16
Jul-18 205.32 1411.33 858.62
Aug-18 214.80 1511.89 946.80
Sep-18 198.96 1432.18 752.87
Oct-18 175.46 1268.38 709.97
Nov-18 193.53 1370.51 734.95
Dec-18 200.34 1391.36 798.62
Jan-19 186.81 1313.17 698.78
Feb-19 188.72 1312.20 662.87
Mar-19 210.91 1537.31 677.76
Apr-19 197.64 1534.09 643.97
May-19 206.69 1584.81 679.78
Jun-19 190.78 1468.39 657.18
Jul-19 180.97 1466.75 593.41
Aug-19 181.37 1428.63 603.52
Sep-19 182.81 1511.63 683.32
Oct-19 181.33 1473.94 736.06
Nov-19 183.43 1430.79 720.80
Dec-19 175.91 1358.88 682.46
Jan-20 183.30 1414.29 670.59
Feb-20 183.79 1241.57 558.79
Mar-20 139.56 910.37 520.85
Apr-20 153.86 1124.63 543.20
May-20 173.35 1211.52 633.80
Jun-20 176.75 1286.58 690.80
 Jul-20 200.94 1376.58 691.85
Aug-20 192.22 1276.49 651.30
Sep-20 198.11 1345.68 724.95
Oct-20 237.09 1592.47 664.80
Nov-20 238.33 1646.60 699.75
Dec-20 242.80 1562.20 740.15
Jan-21 237.43 1548.87 744.65
Feb-21 266.85 1673.79 686.40
Mar-21 301.34 1838.01 729.65
Apr-21 302.61 1831.98 691.75
May-21 319.99 1932.50 856.55
Jun-21 333.55 1960.47 870.25
Jul-21 402.59 2329.55 987.80
Aug-21 412.28 2348.13 1099.30
Sep-21 391.86 2193.71 1029.90
Oct-21 396.37 2270.48 956.65
Nov-21 366.80 2224.75 923.10
Dec-21 369.64 2156.00 968.35
Jan-22 357.54 2224.12 888.30
Feb-22 307.70 2032.82 767.95
Mar-22 293.02 2093.34 747.30
Apr-22 372.20 2266.10 782.40
May-22 369.40 2198.40 766.95
Jun-22 363.00 2121.95 757.55
Jul-22 374.80 2227.40 853.75
Aug-22 411.25 2299.70 924.25
 Continous return
BANKBARODA. HAVELLS.NS AMBUJA
ACC.NSGODREJBANKBAHAVELLS.NS
95.46 48.84
96.79 45.79 5% 6% 5% 1% -6%
106.00 52.84 13% 3% 6% 9% 14%
114.81 54.26 1% -4% 10% 8% 3%
117.88 50.30 -11% -10% 11% 3% -8%
116.41 55.56 5% 7% 6% -1% 10%
127.48 58.36 2% -6% 0% 9% 5%
136.39 70.13 6% 6% 8% 7% 18%
147.84 70.91 12% 13% 9% 8% 1%
171.84 73.56 0% 0% 3% 15% 4%
158.81 67.78 1% 0% -3% -8% -8%
151.94 70.34 2% 9% -5% -4% 4%
147.33 61.34 -13% -8% -4% -3% -14%
147.54 56.27 -7% -2% -3% 0% -9%
163.48 65.80 24% 10% 1% 10% 16%
154.51 70.47 7% 4% 3% -6% 7%
146.39 72.68 -13% -8% 11% -5% 3%
147.98 68.25 -4% -8% 3% 1% -6%
151.80 64.44 -3% 6% 1% 3% -6%
127.20 59.87 3% -1% -2% -18% -7%
131.69 65.30 12% 10% -6% 3% 9%
133.22 63.52 4% 8% 9% 1% -3%
120.94 73.94 -4% -4% -9% -10% 15%
114.94 68.83 5% -1% -4% -5% -7%
130.21 85.94 4% 5% 14% 12% 22%
138.96 96.96 0% 9% 1% 7% 12%
137.53 102.23 8% 4% 6% -1% 5%
133.00 99.23 -13% -8% 12% -3% -3%
118.98 99.90 0% -8% 7% -11% 1%
126.61 104.22 14% 11% -1% 6% 4%
116.08 95.91 4% 4% 9% -9% -8%
111.79 98.28 3% -1% 10% -4% 2%
141.15 112.86 9% 12% -3% 23% 14%
128.39 104.26 0% -6% 8% -9% -8%
134.93 103.69 3% 0% 2% 5% -1%
153.30 115.04 -3% 3% -2% 13% 10%
153.53 118.96 1% -8% -1% 0% 3%
123.08 115.28 -6% -4% 2% -22% -3%
119.50 116.34 -8% -9% 7% -3% 1%
123.66 118.99 7% 8% 6% 3% 2%
115.30 133.52 -2% -1% 5% -7% 12%
101.58 132.87 2% 0% -5% -13% 0%
102.75 111.05 -11% -4% -3% 1% -18%
84.31 109.95 3% -19% 2% -20% -1%
90.30 116.05 6% 14% 3% 7% 5%
117.63 135.00 3% 2% 4% 26% 15%
117.94 137.60 -2% -3% 2% 0% 2%
118.11 144.35 -1% 1% -3% 0% 5%
100.34 142.12 -14% -9% -13% -16% -2%
102.64 140.32 5% 9% 4% 2% -1%
134.22 170.45 20% 24% 9% 27% 19%
152.14 170.99 -2% -8% -7% 13% 0%
156.92 178.15 10% 3% -2% 3% 4%
163.22 215.25 1% 9% 6% 4% 19%
164.30 221.91 -7% -5% 2% 1% 3%
164.23 263.23 1% 8% 16% 0% 17%
170.03 245.30 4% -6% 0% 3% -7%
175.16 264.34 6% 7% -2% 3% 7%
204.88 295.87 1% -2% -2% 16% 11%
204.26 255.03 0% -5% 2% 0% -15%
181.99 239.38 8% 11% 9% -12% -6%
170.54 253.69 8% 7% 8% -6% 6%
154.05 282.72 -5% -7% -10% -10% 11%
159.24 259.15 -9% -7% 1% 3% -9%
153.21 255.40 2% 5% 0% -4% -1%
135.82 261.79 -3% -5% 17% -12% 2%
171.07 261.23 1% -4% 11% 23% 0%
178.06 243.49 -11% -3% -3% 4% -7%
176.57 236.10 -1% 1% -9% -1% -3%
154.40 237.36 1% 2% 3% -13% 1%
173.39 267.45 -4% -3% -2% 12% 12%
150.98 285.19 2% 1% 7% -14% 6%
120.86 277.70 -4% -9% -7% -22% -3%
127.12 254.77 -4% -4% -3% 5% -9%
141.68 303.88 22% 15% 15% 11% 18%
152.18 314.14 -5% 4% -4% 7% 3%
137.63 344.68 3% 6% 11% -10% 9%
148.38 340.33 11% 6% 8% 8% -1%
146.21 371.58 6% 4% -1% -1% 9%
157.05 398.24 2% 1% -5% 7% 7%
161.34 398.81 -9% -6% 5% 3% 0%
150.59 388.22 -4% -5% 1% -7% -3%
158.21 328.38 -14% -12% -10% 5% -17%
147.85 326.38 -2% -1% 4% -7% -1%
159.17 400.57 10% 6% 5% 7% 20%
159.32 387.27 0% 0% 4% 0% -3%
166.69 444.15 3% 2% 1% 5% 14%
180.76 461.46 4% 12% 4% 8% 4%
171.60 464.80 -2% 1% 4% -5% 1%
155.80 438.67 2% -4% 7% -10% -6%
161.20 454.16 7% 10% 7% 3% 3%
133.82 469.10 6% 4% -11% -19% 3%
133.58 464.10 -4% -8% -1% 0% -1%
164.93 465.64 5% 9% 2% 21% 0%
164.16 489.22 -7% -8% 3% 0% 5%
155.95 540.27 4% 5% 4% -5% 10%
152.22 501.75 -4% -2% 5% -2% -7%
137.80 487.63 -4% -6% 2% -10% -3%
138.14 468.62 -8% -7% 2% 0% -4%
144.60 525.67 7% 5% 2% 5% 11%
132.85 522.70 -18% -16% 2% -8% -1%
109.36 521.93 1% 1% 8% -19% 0%
148.87 609.39 11% 13% 7% 31% 15%
148.48 706.99 5% 7% 10% 0% 15%
96.59 579.53 -8% -5% -23% -43% -20%
107.42 629.54 -13% -12% -6% 11% 8%
101.98 667.46 10% 8% 3% -5% 6%
115.33 674.09 3% 2% 8% 12% 1%
109.16 695.48 -7% -6% -13% -5% 3%
98.05 697.34 1% 0% -5% -11% 0%
124.89 753.05 11% 16% 2% 24% 8%
113.24 755.14 -6% 0% -5% -10% 0%
129.35 729.11 4% 3% 5% 13% -4%
118.05 766.35 -8% -8% -3% -9% 5%
103.58 629.05 -5% 0% -10% -13% -20%
89.89 666.06 0% -3% 2% -14% 6%
90.33 704.56 1% 6% 12% 0% 6%
94.36 678.61 -1% -3% 7% 4% -4%
101.83 654.68 1% -3% -2% 8% -4%
98.92 634.77 -4% -5% -5% -3% -3%
89.99 591.27 4% 4% -2% -9% -7%
74.07 601.32 0% -13% -18% -19% 2%
51.98 471.26 -28% -31% -7% -35% -24%
47.76 556.42 10% 21% 4% -8% 17%
37.81 490.02 12% 7% 15% -23% -13%
47.18 572.22 2% 6% 9% 22% 16%
 45.43 575.83 13% 7% 0% -4% 1%
47.52 607.82 -4% -8% -6% 4% 5%
39.85 669.34 3% 5% 11% -18% 10%
40.48 718.76 18% 17% -9% 2% 7%
49.85 791.34 1% 3% 5% 21% 10%
59.65 904.65 2% -5% 6% 18% 13%
66.06 1031.63 -2% -1% 1% 10% 13%
82.90 1094.61 12% 8% -8% 23% 6%
71.93 1040.00 12% 9% 6% -14% -5%
64.80 980.45 0% 0% -5% -10% -6%
78.34 1020.60 6% 5% 21% 19% 4%
83.39 970.50 4% 1% 2% 6% -5%
77.95 1166.09 19% 17% 13% -7% 18%
75.09 1260.28 2% 1% 11% -4% 8%
79.36 1364.25 -5% -7% -7% 6% 8%
94.65 1254.81 1% 3% -7% 18% -8%
83.24 1354.75 -8% -2% -4% -13% 8%
79.55 1391.25 1% -3% 5% -5% 3%
104.41 1179.52 -3% 3% -9% 27% -17%
103.44 1180.82 -15% -9% -15% -1% 0%
108.34 1147.80 -5% 3% -3% 5% -3%
109.60 1306.40 24% 8% 5% 1% 13%
97.32 1196.85 -1% -3% -2% -12% -9%
94.55 1093.68 -2% -4% -1% -3% -9%
116.25 1249.35 3% 5% 12% 21% 13%
130.85 1391.50 9% 3% 8% 12% 11%

Average 1.098% 0.804% 1.697% 0.209% 2.218%

Std deviati 7.98% 7.81% 7.18% 12.08% 8.98%
 Demean Return
HAVELLS.NS AMBUJACACC.NSGODREJBANKBAHAVELLS.NS Variance- covariance m
Ambuja ACC
3.8% 4.9% 3.2% 1.2% -8.7% Ambuja 0.636% 0.498%
11.4% 2.2% 4.6% 8.9% 12.1% ACC 0.498% 0.610%
-0.1% -4.4% 8.7% 7.8% 0.4% Godrej 0.196% 0.186%
-11.7% -10.8% 9.7% 2.4% -9.8% BOB 0.277% 0.347%
4.3% 6.2% 4.6% -1.5% 7.7% Havels 0.338% 0.332%
1.4% -6.3% -2.0% 8.9% 2.7%
5.3% 5.0% 6.2% 6.5% 16.2% Ambuja Std0.079768
11.3% 12.1% 7.3% 7.8% -1.1% ACC std 7.813%
-1.5% -1.3% 1.7% 14.8% 1.4% Cov(Ambuja 0.498%
-0.6% -1.0% -4.4% -8.1% -10.4%
0.6% 8.1% -6.9% -4.6% 1.5% BOB std de 0.120761
-13.8% -8.9% -6.0% -3.3% -15.9% ACC std de 0.078134
-7.9% -3.1% -4.3% -0.1% -10.9% Cov(BOB, A 0.347%
22.5% 9.5% -0.3% 10.1% 13.4% Corr(BOB, 0.368172
6.0% 3.4% 1.2% -5.9% 4.6%
-14.2% -8.8% 9.2% -5.6% 0.9%
-4.8% -8.6% 1.5% 0.9% -8.5%
-4.4% 5.4% -0.5% 2.3% -8.0%
1.7% -1.7% -3.7% -17.9% -9.6%
11.3% 9.4% -8.2% 3.3% 6.5%
3.1% 7.6% 7.1% 0.9% -5.0%
-5.6% -5.1% -10.2% -9.9% 13.0%
3.4% -1.5% -5.5% -5.3% -9.4%
2.4% 4.0% 12.8% 12.3% 20.0%
-1.2% 8.2% -0.4% 6.3% 9.8%
6.8% 3.2% 4.7% -1.2% 3.1%
-14.4% -8.9% 9.9% -3.6% -5.2%
-0.7% -8.9% 5.8% -11.3% -1.5%
12.9% 9.8% -2.5% 6.0% 2.0%
 2.5% 3.5% 7.2% -8.9% -10.5%
2.3% -2.0% 8.0% -4.0% 0.2%
7.5% 11.7% -5.0% 23.1% 11.6%
-0.8% -7.2% 5.9% -9.7% -10.1%
1.5% -0.5% 0.4% 4.8% -2.8%
-4.6% 2.6% -3.5% 12.6% 8.2%
0.4% -8.7% -3.1% -0.1% 1.1%
-7.3% -4.7% 0.1% -22.3% -5.4%
-9.4% -10.1% 5.5% -3.2% -1.3%
5.8% 7.1% 4.3% 3.2% 0.0%
-3.4% -2.0% 3.0% -7.2% 9.3%
1.3% -0.5% -7.0% -12.9% -2.7%
-12.0% -4.9% -4.3% 0.9% -20.2%
2.1% -19.5% -0.2% -20.0% -3.2%
5.1% 13.5% 1.7% 6.7% 3.2%
2.0% 1.2% 2.3% 26.2% 12.9%
-2.7% -4.2% -0.1% 0.1% -0.3%
-2.6% 0.3% -4.7% -0.1% 2.6%
-14.9% -10.0% -14.6% -16.5% -3.8%
4.3% 8.1% 2.2% 2.1% -3.5%
18.8% 22.8% 7.6% 26.6% 17.2%
-3.3% -8.7% -9.0% 12.3% -1.9%
8.5% 2.5% -4.1% 2.9% 1.9%
0.3% 8.6% 4.2% 3.7% 16.7%
-7.8% -5.9% 0.3% 0.4% 0.8%
-0.3% 6.9% 14.2% -0.2% 14.9%
2.4% -7.2% -1.3% 3.3% -9.3%
5.2% 6.1% -3.6% 2.8% 5.3%
-0.1% -2.4% -3.3% 15.5% 9.1%
-1.6% -6.0% 0.3% -0.5% -17.1%
7.2% 10.0% 7.0% -11.8% -8.6%
6.9% 6.2% 6.0% -6.7% 3.6%
 -6.5% -7.6% -11.3% -10.4% 8.6%
-10.5% -8.3% -0.7% 3.1% -10.9%
1.1% 4.5% -1.9% -4.1% -3.7%
-4.4% -5.4% 14.9% -12.3% 0.3%
-0.1% -4.8% 8.9% 22.9% -2.4%
-12.5% -3.9% -4.9% 3.8% -9.2%
-1.8% 0.1% -10.4% -1.1% -5.3%
-0.5% 1.6% 1.7% -13.6% -1.7%
-5.1% -3.3% -3.8% 11.4% 9.7%
1.0% 0.4% 4.9% -14.0% 4.2%
-5.0% -10.1% -9.1% -22.5% -4.9%
-5.0% -4.6% -4.7% 4.8% -10.8%
20.8% 14.3% 13.4% 10.6% 15.4%
-6.2% 3.5% -6.1% 6.9% 1.1%
2.2% 5.0% 9.8% -10.3% 7.1%
9.8% 4.7% 6.6% 7.3% -3.5%
5.2% 3.6% -2.7% -1.7% 6.6%
1.3% 0.4% -6.5% 6.9% 4.7%
-10.4% -6.8% 2.9% 2.5% -2.1%
-5.3% -6.1% -0.3% -7.1% -4.9%
-14.7% -13.0% -11.6% 4.7% -19.0%
-3.3% -1.7% 1.9% -7.0% -2.8%
9.4% 5.2% 2.9% 7.2% 18.3%
-1.0% -0.9% 2.5% -0.1% -5.6%
2.0% 1.6% -0.3% 4.3% 11.5%
3.3% 11.4% 2.5% 7.9% 1.6%
-3.0% -0.2% 2.2% -5.4% -1.5%
1.1% -5.1% 5.6% -9.9% -8.0%
5.4% 9.2% 5.2% 3.2% 1.3%
5.2% 3.6% -12.7% -18.8% 1.0%
-5.6% -9.1% -2.7% -0.4% -3.3%
4.4% 8.0% -0.1% 20.9% -1.9%
 -8.1% -9.0% 1.2% -0.7% 2.7%
2.5% 4.5% 2.3% -5.3% 7.7%
-4.9% -3.3% 3.6% -2.6% -9.6%
-4.8% -6.3% -0.1% -10.2% -5.1%
-9.1% -8.2% 0.5% 0.0% -6.2%
6.2% 4.3% 0.4% 4.4% 9.3%
-19.3% -16.6% 0.3% -8.7% -2.8%
-0.1% 0.3% 6.3% -19.7% -2.4%
9.5% 12.4% 5.5% 30.6% 13.3%
3.4% 6.1% 8.1% -0.5% 12.6%
-8.8% -6.2% -24.6% -43.2% -22.1%
-13.7% -13.0% -7.6% 10.4% 6.1%
8.7% 6.9% 1.8% -5.4% 3.6%
2.4% 0.7% 6.6% 12.1% -1.2%
-8.1% -6.6% -15.1% -5.7% 0.9%
-0.1% -0.9% -7.0% -10.9% -2.0%
10.0% 15.0% 0.5% 24.0% 5.5%
-7.6% -1.0% -6.8% -10.0% -1.9%
3.4% 2.4% 3.7% 13.1% -5.7%
-9.1% -8.4% -5.1% -9.4% 2.8%
-6.4% -0.9% -11.9% -13.3% -22.0%
-0.9% -3.4% 0.0% -14.4% 3.5%
-0.3% 4.8% 10.7% 0.3% 3.4%
-1.9% -3.3% 5.7% 4.2% -6.0%
0.1% -3.8% -3.8% 7.4% -5.8%
-5.3% -6.0% -7.2% -3.1% -5.3%
3.0% 3.2% -3.5% -9.7% -9.3%
-0.8% -13.8% -19.9% -19.7% -0.5%
-28.6% -31.8% -8.7% -35.6% -26.6%
8.7% 20.3% 2.5% -8.7% 14.4%
10.8% 6.6% 13.7% -23.6% -14.9%
0.8% 5.2% 6.9% 21.9% 13.3%
 11.7% 6.0% -1.5% -4.0% -1.6%
-5.5% -8.4% -7.7% 4.3% 3.2%
1.9% 4.5% 9.0% -17.8% 7.4%
16.9% 16.0% -10.4% 1.4% 4.9%
-0.6% 2.5% 3.4% 20.6% 7.4%
0.8% -6.1% 3.9% 17.7% 11.2%
-3.3% -1.7% -1.1% 10.0% 10.9%
10.6% 7.0% -9.8% 22.5% 3.7%
11.1% 8.6% 4.4% -14.4% -7.3%
-0.7% -1.1% -7.0% -10.7% -8.1%
4.5% 4.5% 19.7% 18.8% 1.8%
3.1% 0.6% -0.1% 6.0% -7.3%
17.7% 16.4% 11.0% -7.0% 16.1%
1.3% 0.0% 9.0% -4.0% 5.5%
-6.2% -7.6% -8.2% 5.3% 5.7%
0.0% 2.6% -9.1% 17.4% -10.6%
-8.9% -2.8% -5.3% -13.1% 5.4%
-0.3% -3.9% 3.1% -4.7% 0.4%
-4.4% 2.3% -10.3% 27.0% -18.7%
-16.1% -9.8% -16.3% -1.1% -2.1%
-6.0% 2.1% -4.4% 4.4% -5.1%
22.8% 7.1% 2.9% 0.9% 10.7%
-1.9% -3.8% -3.7% -12.1% -11.0%
-2.8% -4.3% -2.9% -3.1% -11.2%
2.1% 4.0% 10.3% 20.4% 11.1%
8.2% 2.4% 6.2% 11.6% 8.6%

0.000% 0.000% 0.000% 0.000% 0.000%

7.98% 7.81% 7.18% 12.08% 8.98%

T 151
Variance- covariance matrix Returns Port 1
Godrej BOB Havels
0.196% 0.277% 0.338% Ambuja 1.098% 15%
0.186% 0.347% 0.332% ACC 0.804% 4%
0.516% 0.187% 0.205% Godrej 1.697% 53%
0.187% 1.458% 0.430% BOB 0.209% -4%
0.205% 0.430% 0.806% Havels 2.218% 32%
Sum 100.000%
Return 1.8000%
Variance 0.377%
Std Deviati 6.144%

solver condition return = 1.9%

sum=100%

Cov(P1,P2) 0.351%

Port 1 Port 2
Return 1.8000% 1.5000%
Var 0.377% 0.345%
Cov 0.351%

Weight 50% 50%

Port 3
Return 1.650%
Var 0.3559%
Std Dev 5.97%
 Port 2

15%
16%
48%
4%
18%
Sum 100.000%
Return 1.5000%
Variance 0.345%
Std Deviati 5.872%

return = 1.5%
sum=100%