We stepped into June with a 2.52% gain vs 4.87% on Nifty and 4.45% on CNX500 for YTD2017. The drawdown was -5.6% from a performance peak of +8.6% reached in April 2017.
| 5/31/2017 | 2.52% | 9621 | 4.87% | 8351 | 4.45% |
It has been a month of recovery. The strategy has closed the month of June 2017 at 7.9% gains.
| 6/30/2017 | 7.90% | 9521 | 3.78% | 8332 | 4.22% |
The peak performance was achieved on June 21 at 10.73% for FY17 YTD
The drawdown at the end of the month is -2.5%.
The additions to Mi50 during June include :
| BIRLACORPN |
| GLOBALVECT |
| MHRIL |
| MPHASIS |
| BBL |
| SIMPLEXINF |
| BALAJITELE |
| IFBIND |
| APCOTEXIND |
| GENESYS |
The exits from Mi50 during June are :
| TRIVENI |
| HIMATSEIDE |
| GIPCL |
| MAWANASUG |
| AHLUCONT |
| AEGISCHEM |
| CENTRALBK |
| KRBL |
| JKPAPER |
| NLCINDIA |
The current top gainer for the YTD is MEP at +68% and top loser is KOPRAN at -13%
The strategy has 3.2% cash.
The distribution of gains for the YTD :
The out(under) performance vis-a-vis benchmarks has improved:
That is all for June. Advisory on Mi50 is now on. Email me at alok@weekendinvesting.com if you would like to run your money with me.
See you a month later!
