Nice way to choose, may not give you excellent returns but would keep your capital safe! Though personally I feel BIG names are not enough, you need to look beyond that at their working , management , growth etc. ! Tata Steel , as per me is a good stock, but its not like get and forget stock! It may not erode your capital in long run but gives heart ache in interim period! When I sold TTML in I took position in Tata Steel , around that time only ~580 or so and briefly saw a high of 650 and then a low of below 200/- 2013 end or 2014 early! It was near a striking distance of my entry price last year around this time and I exited in small loss! So more due diligence would surely help get better returns! I will surely enter Tata Steel again when it starts to go up and wont hold it like forever stock, and exit in decent profit! Its no longer my Portfolio stock that I hold on to for years!
One can have judgement error also in this as I did in Titan, I exited in a hurry when Gold import restrictions were imposed by RBI and Titan crashed and remained for weeks near 200 to 220 level and it has doubled from there in around 18 to 20 months! This is another stock I like to add on declines!
Never invested in them, but just a few months back Sugar stocks were at LIFE TIME LOWS ! Whats your view on them?