Like last week, we slipped while market rallied. The largest of large caps were in action Reliance, TCS and BhartiAirtel and hence we did not participate much. Few smaller caps in the pf also got hammered. Mi50 closed the week at +47.5% slipping a percent from last week while the benchmark indices both went up … Continue reading Mi50 failed to keep up with the market this week…
The strategy underperformed the market this week. Mi50 closed at 48.4% for the FY vs the highest achieved last week @52.46%. The benchamarks remain flattish meanwhile at +14% and +18.4% for NSE50 and CNX500 respectively. The main culprits this week were Arcotech and some RiceExporter stocks who tanked against the market. The 50% mark as somebody … Continue reading We lose the 50 mark yet again…!
Mi50 finally closed the week at its All Time High at +52.46% for FY1617. This is in contrast with +13.6% for NSE50 and +18.3% for CNX500. There were no changes this week as well. The longest drawdown to-date of nearly 15% in November 2016 has lasted for about three months. The current trades are doing … Continue reading Mi50 at an ATH – +52.46% YTD
No changes this week as well. As I tweeted earlier, non rotational strategies like Mi50 will harbor average performers or mild laggards for much longer. So is the system design. The potential buys in the last few weeks have rocketed ahead but there hasn't been room to accommodate them in. Oh well, you cant have … Continue reading mi50 draw-down almost completely recovered… No changes