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Arthaay

Public Portfolio

Transparent. Auditable. Educational.

Last Updated: 30 June 2026

About This Portfolio

This portfolio exists to demonstrate transparency in financial research. It documents real, executed investment decisions — not hypothetical or back-tested scenarios — along with the reasoning behind each one and the outcome that followed.

Readers are encouraged to evaluate our process, not to imitate this portfolio. Every decision shown here reflects an individual case study, not a recommendation for any other investor's circumstances.

This page is provided for educational reference. The Google Sheet linked below remains the official, continuously updated source of truth — this page is a periodic summary of that record.

Portfolio Snapshot

At a Glance

Total Capital Invested

₹58,328

Current Portfolio Value

₹61,862

Unrealised Gain

₹3,534

Transaction Costs Paid

₹68

Current Holdings

What We Currently Hold

Stock	Units	Average Buy Price	Current Price
ADANIPORTS	4	₹1,542.10	₹1,795.00
BIRET-RR	100	₹328.84	₹329.00
EIHOTEL	44	₹308.28	₹321.50
HDFCBANK	1	₹751.75	₹796.00
MON100-E	21	₹229.50	₹325.70

Investment Framework

Our Operating Principles

—No stock tips, ever.
—No speculative trades within the core framework.
—Every decision documented in writing, before and after the fact.
—Long-term investing over short-term positioning.
—Evidence over opinions.
—Transparency over promises.

Recent Transactions

Trade Log

Date	Security	Action	Units	Price	Rationale
12/02/2026	ADANIPORTS	BUY	4	₹1,542.10	Long-term infrastructure holding to track multi-port cargo volume trends and maritime logistics capacity utilization.
17/02/2026	MON100	BUY	21	₹232.20	Same-day intraday position, outside the core framework — see note below.
17/02/2026	MON100	SELL	21	₹228.76	Compliance baseline failure. Executed a short-term speculative position outside the scope of the core fundamental framework — auto-squared off at a net loss. Served as a structural check that led us to permanently eliminate non-framework trading.
18/02/2026	MON100	BUY	21	₹229.50	Geographic and currency diversification via a systematic passive vehicle tracking global technology earnings cycles.
02/03/2026	EIHOTEL	BUY	26	₹307.25	Fundamental positioning in premium luxury hospitality to analyze performance relative to average room rates (ARR).
07/04/2026	EIHOTEL	BUY	10	₹297.60	Fundamental positioning in premium luxury hospitality to analyze performance relative to average room rates (ARR).
22/04/2026	BIRET	BUY	75	₹329.94	Capital deployment into a high-yielding real estate proxy to establish a non-equity baseline cash flow stream.
11/05/2026	BIRET	BUY	25	₹325.53	Capital deployment into a high-yielding real estate proxy to establish a non-equity baseline cash flow stream.
13/05/2026	HDFCBANK	BUY	1	₹751.75	Single-unit transaction for framework configuration testing. Planned tranche-based scaling was paused due to upward price momentum beyond the target entry range.
20/05/2026	EIHOTEL	BUY	8	₹324.98	Fundamental positioning in premium luxury hospitality to analyze performance relative to average room rates (ARR).

Performance Summary

The Numbers

Total Capital Invested

₹58,328.17

Realised P&L

−₹72.24

Unrealised P&L

₹3,534.00

Transaction Costs

₹68.18

Auto Square-off Charge

₹59.00

What Every Rupee Paid For

Understanding Transaction Costs

STT

Securities Transaction Tax — a government tax on every buy. For delivery trades: 0.1% of trade value. This cannot be avoided.

Brokerage

Our broker charges ₹0 on delivery trades but ₹20 per order on intraday trades. Amounts under ₹1 reflect minimum fee thresholds.

Exchange Charges

A fee charged by NSE/BSE for using their trading platform. Very small — typically 0.003% of trade value.

GST

18% GST is applied only on brokerage and exchange charges — not on the trade value itself.

Stamp Duty

A state government charge applied on buy trades. 0.015% of trade value, capped at ₹1,500.

SEBI Fees

A small regulatory fee charged by SEBI — typically ₹10 per crore of turnover.

Auto Square-off Fee

A one-time ₹59 charge, applied when an intraday position is automatically closed by the broker at day's end.

Why This Exists

Our Reasoning

Financial research should be verifiable.

Claims are easy to make. A public, dated record is harder to dispute — and easier to learn from.

Publishing outcomes builds accountability.

When results are visible to everyone, including the mistakes, there's nowhere for selective reporting to hide.

Readers deserve evidence, not claims.

We would rather show you what actually happened than tell you what we believe will happen.

Transparency improves research discipline.

Knowing every decision will be public is, by itself, a strong incentive to think more carefully before making it.

The Complete Record

This page is a periodic summary. For the live, continuously updated ledger, refer to the source document.

View Complete Public Portfolio Ledger (Google Sheets)

Disclaimer

Arthaay is an educational publication. Nothing on this page constitutes investment advice, a recommendation, or a solicitation to buy, sell, or hold any security.

Past performance does not guarantee future returns. Figures shown reflect one individual's actual trading history and are not indicative of typical or expected results for any other investor.

Readers should conduct their own research and consult a certified financial advisor before making any investment decisions.