After a successful launch of our two smallcases Mi_LT_CNX200 and MI_MT_Allcap which have been well received we are adding another smallcase to the bouquet to complete the risk spectrum called the Mi_ST_ATH (Momentum Investing /Short term trends / All time high stocks)
The Mi_ST_ATH is a very special smallcase. It is a subset of a personal strategy that I have been running for myself for some time. It is a very concentrated portfolio of up-to 10 stocks . As the name suggests the target stocks are all near their 52 wk / All time highs and a weekly re-balance ensures that high momentum stocks are always in the pack. There have been many studies on the positive behavior of stocks near their highs and this portfolio is a implementation of the same successful studies. A good feature here is that while the universe is all listed NSE stocks, a very high turnover filter is used for stock selection which eliminates large slippages.
Mi_ST_ATH is a higher return potential smallcase with moderately higher risk as well. Details of the returns back-tests etc are given on the blog pages.
As a preview, the current (Apr 2019) subset of stocks in the small case are :
All queries can be directed to firstname.lastname@example.org