WEEK that was
True to seasonality play in US, Indian markets have staged a comeback and stalled the correction. #MWV (our Value offering) has hit a new ATH and #MWM (Momentum) is currently at -3.80% DD.
Here is a weekly update on our strategies.
MWM website gained 3.87% this week to close at 303.4% returns since inception. Our Overall out performance to benchmarks is at 209.45%
The current draw down is at -3.80%
This week will have 1 Exit and 1 Addition in MWM website and smallcase.
You need to subscribe to this newsletter in order to receive Rebalance update in advance. Please read this blog detailing the rebalance process.
Stay tuned for Asset Allocation Video we are making this weekend.
#MWM is a 20 stock Automated, Multi-cap Model portfolio selected on the basis of Price momentum. It has broader market filters to sit in cash in bear markets.
#MWM is a wonderful way to take “Momentum” factor exposure in your portfolio. The entire idea is to capture the Alpha, by falling lesser than the broader markets in bad days and be with fast movers in good days.
Watch this Webinar where we compared MWM and UTI momentum index and which one should you choose.
Please note that MWM smallcase and MWM website have separate set of stocks now and therefore performance would be different. Please find below MWM smallcase graph.
Mystic Wealth value was up 3.02% this week. Our Overall return stands at 147.58% returns since inception. Which is 21.44% CAGR. We have 17% still in cash. Strategy outperformance to benchmarks stand at 53%
There are NO changes this week.
MWV is run by Dayanand Deshpande who is considered an authority on Special situation Investing in India. Over the years, Demergers as a theme has generated amazing wealth for our long term clients.
Checkout our MWV strategy page on website
Watch This webinar where he explains the entire concept in easy to understand language.v
#MWO. MysticWealth Options:
MWO is a Risk defined Option writing Model portfolio aimed at generating income from idle (cash/pledge). We aim to generate 18-25% annual return with around same drawdowns.
Our Current DD is at 18.43%. with a total return of 40.98% (7.64% CAGR)
You can know more about MWO here.
Have a Great weekend!!!