Mi ATH 2
This concentrated portfolio selects upto 10 stocks upto 10 highly liquid (>500cr mkt cap) that are near their All time highs (or multi year highs) and holds till the exit criteria are met. It is rebalanced weekly.
Investment Performance
Drawdown
| Period Considered | From To | |
|
Mi ATH 2
|
Benchmark
|
|
| Absolute Returns |
NA
|
NA
|
| Last 3Y |
NA
|
NA
|
| Last 5Y |
NA
|
NA
|
| CAGR |
NA
|
NA
|
| Max Drawdown |
NA
|
NA
|
Why should you invest in this strategy ?
MI_ATH2 is an absolute momentum strategy which chases stocks near their All time highs. It is a well-researched phenomenon that stocks that are near to their all-time highs have a high probability to keep performing well.
Key Points
- An up-to 10 stock concentrated portfolio with equal weights for each component
- Stocks from NSE listed universe (with additional filters of very high turnover stocks only) and market capitalization > 500 cr.
- Stock selection based on Momentum ranking and nearness to their All Time Highs
- Absolute Momentum performance is the basis for each stock selection
- Every week the portfolio is reviewed and stocks which do not hold up the exit criterion are shelved while new ones enter.
- At times when new momentum picks are not available the portfolio will sit in cash (in interest bearing instruments like LIQUID BEES).
- There is zero discretion of the manager in running this portfolio.
- The strategies have been rigorously back tested on years of data to prove their efficacy.
- The optimal size for investing in this portfolio is INR 10 to 30 lacs
Highlights
RETURNS
Higher Returns
CAGR since 2016 of this strategy has been more than 40% which beats benchmarks by wide margin in long term.
DRAWDOWN
Lesser Drawdown
During the Covid fall, this portfolio fell by 16% vs CNX 500 fell by 38.3%
RISK
High Risk Instrument
Investment is subject to equity market risks. Please follow good asset allocation practices.
CHURN
Very High Churn
Inherent rules chasing ATH stocks and weekly rebalance makes this a very high churn strategy
Highlights
RETURNS
Higher Returns
CAGR since 2016 of this strategy has been more than 40% which beats benchmarks by wide margin in long term.
DRAWDOWN
Lesser Drawdown
During the Covid fall, this portfolio fell by 16% vs CNX 500 fell by 38.3%
RISK
High Risk Instrument
Investment is subject to equity market risks. Please follow good asset allocation practices.
CHURN
Very High Churn
Inherent rules chasing ATH stocks and weekly rebalance makes this a very high churn strategy
Performance during tough markets
How your portfolio performs during tough times is crucial for long term wealth building. Outperforming the benchmarks makes the overall return in the long term go significantly higher.
| Event | Strategy | CNX 500 | Outcome |
|---|---|---|---|
|
Covid19 Pandemic
Feb 2020 - Mar 2020
|
-16% | -38.3% | 58.25% Lesser Fall |
Performance during tough markets
How your portfolio performs during tough times is crucial for long term wealth building. Outperforming the benchmarks makes the overall return in the long term go significantly higher.
Fees
The fee structure is designed specially for smaller portfolios.
If you have any questions. Feel free to Get in touch with us.
Investment Performance
Practical insights for wealth creation
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