WEEK that was
Nifty is chugging along and now is kissing distance from its All Time high. Indian markets have out-performed the US by a big factor. Every correction in US is responded by a courtesy gap down and full recovery by our Nifty.
Value factor has outperformed momentum factor in last 01 year now.
Here is a weekly update on our strategies.
MWM was flat this week to close at 263.57% total returns. Our Overall outperformance to benchmarks is at 167.45%. The current Drawdown stands at –-13.30% We have averaged 25.5% CAGR since April 2017.
This week will have 3 Entry and 3 exit.
This year value has outperformed momentum. We covered this see-saw that happens in our presentation at decma..
Mystic Wealth value gained 3% this week. Our Overall return stands at 165.78% since inception which is 18.66% CAGR. We have 18% in cash. Strategy outperformance to benchmarks stands at 69.66%. Over the last 3 years, MWV has clocked 32% CAGR making it one of the best options in the industry!!
This week will have NO changes.
MWV is run by Dayanand Deshpande who is considered an authority on Special situation Investing in India. Over the years, Demergers and management change as a theme has generated amazing wealth for our long-term clients.
To know more about the underlying philosophy at MysticWealth Value (MWV). Please watch this detailed webinar
MMG had no change this week (0.01%) this week to close at 3.45% return so far. This is a new smallcase with 70/30 Equity-Gold allocation.
Watch this video to understand the POWER of Asset Allocation in Momentum Investing.
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