The markets remained very choppy with the Nifty doing better than the Bank Nifty but the breadth of the market continued to take a beating towards the end of the week. The rising US yield has put the brakes on all risk assets. By the middle of the week there were some nice gains but they were given up and more by the end. Some segments in the smallcap and midcaps continued to outperform.
The Weekendinvesting Smallcases were a huge success this week.
These are all long term strategies that will create enormous wealth in each upswing and then maybe give some back in the downswing and repeating this process again and again achieving the compounding effect. With patience and grit to follow strategy over ups and downs over the last nearly five years it has been shown that much superior CAGR returns are possible than the benchmarks.
The ATH portfolio did not fall this week also and is now up 163% up from 145% last week !! this FY and Allcap becomes the second strategy to cross the 3 digit mark at 119%!! Mi25 the smallcap wonder is also up 96%!
All this is available at anybody’s fingertip with just 2 clicks a week at a nominal fees!
For Monday 8st Mar 2021, the proposed changes are:
Mi_LT_CNX200 : 0 ADD, 0 EXIT
Mi_MT_Allcap : 1 ADD, 1 EXIT
Mi30 : 1 ADD, 1 EXIT
Mi50 : 0 ADD, 0 EXIT
Mi_ST_ATH : 0 ADD, 0 EXIT
Mi 25 : 0 ADD, 0 EXIT
The selection of the smallcase can be based on
a. Sub Segment of the market : Mi25 for smallcap, Mi_All_cap for all round diversification OR LTCNX 200 for large caps only
b. Activity specific smallcase like Mi ST ATH which chases all time high stocks
c. Or more passive strategies like NNF10 and NG5050 which are monthly rebalanced ones best to replace index investing with or for asset allocation.
2 new smallcases on existing products like Mi30 and Mi50 have been added which suit portfolio size of 10L and more. Detailed blogs on both will be released next week. By end of the quarter we will add the new product Mi SWING
In the LIVE product strategies, there were good gains despite the market choppiness.
The LIVE products area more suitable for large portfolios who are not chasing high returns and want more mature and diversified lower risk portfolios. Also the user here churns his portfolio at Fri 3 PM along with the model and there is no slip between the model the actual experience.
For LIVE Products proposed changes for week ended 05.03.21
Mi25 : : 0 ADD, 0 EXIT
Mi30 : : 1 ADD, 1 EXIT
Mi40 : : 0 ADD, 0 EXIT
Mi50: : 0 ADD, 0 EXIT
Gold has taken a beating in the last 7 months, primarily on rise of US yields. There may be some more time to go but I remain a firm believer in its diversification and inversely correlation aspect to the stock markets. One should always create exposure to this and allocate as per comfort.
The emerging market Asia ETF EEMA which the Nifty had been closely tracking has deviated in last week or so and it remains to be seen when this deviation will close. This may be warning signs for our markets.
That is all from my end.
Have a safe week…!!
Will you guide us when to enter and when to exit the position.
All strategies have specific entry and exit rules. There is no guidance needed.