Five years as shareholder of Asian Paints

Five years ago I started my investment journey in Asian Paints. And then I stopped after four months! For the next three years I did not invest in Asian Paints as I was trying to ‘diversify’. At least that’s what I think I was doing. Looking back at those three years and current share price of Asian Paints, it seems like a lost opportunity. And that too a big one. Along with HDFC Bank and Pidilite Industries, Asian Paints has high allocation in my portfolio and I invested heavily in it during COVID pandemic market crash.

Return

Profit

XIRR

Asian Paints has consistently maintained a positive XIRR, even during the COVID pandemic market crash. And because of market rally after that, my XIRR currently stands at more than 30%. Keeping my fingers crossed that this trend continues.

NOTE: XIRR for initial months varies wildly and is not useful for any analysis. But once the investments complete minimum of 1 year, XIRR gives me a much better picture. So I calculate ‘XIRR (>1 year)’ which calculates XIRR only for the investments which have completed minimum of one year while ‘XIRR’ continues to calculate for all the investments irrespective of how much time has been completed. There are some periods where ‘XIRR’ and ‘XIRR (>1 year)’ calculate to the same amount as for that time all my investments had completed minimum of 1 year.

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