May 2017 – Mi25 update1 min read

It was a tumultuous month. We started the month up at +7.4% but ended it at +2.52%, a drawdown of -5.66% from the peak. The max drawdown experienced was -8.52% on 24 May. The mid cap and small cap indices dipped heavily and so did our strategy. The out performance of the strategy so far for […]

It was a bad month. We restarted the mi25 on Apr 24th again for new subscribers. The gains till then were about 15pct.
The new series ended the period 24th Apr to 31 May at -2.64%, a drawdown of -6.93% from the peak.  The max drawdown experienced was -9.90 % on 24 May. The mid cap and small cap indices dipped heavily and so did our strategy.
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The out performance of the strategy so far for the FY was all lost and we are now trailing the benchmark indices for the year.

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The stocks that were added this month are :

CENTRALBK
TINPLATE
INDHOTEL

and those removed:

TVSELECT
ORICONENT
PNBGILTS

The distribution of current stocks from 21st Apr 2017:

image (13)

Notable gainers in this period are Chambalfert and TFCI  while the top losers are Madhucon and TriveniENg

Lets hope for a better month the next month end! Good Luck!

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