WEEK that was
The battle is On with a see-saw between bulls and bears. This week Bulls staged a comeback. Nifty Junior which is the main instrument of our choice in #MWT rallied 2.65% this week.
Here is a weekly update on our strategies.
MWM website was up 1.56% this week to close at 309.47% returns since inception. Our Overall out performance to benchmarks is at 213.50%
The current draw down is at -2.36%
This week will have 2 Exits and 2 Additions 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.
Smallcase is showing a 2 year CAGR of 98.12%. which is an excellent performance whichever way you cut it. You can download the smallcase excel sheet from here
We did an Asset Allocation video to bring home the importance of diversification and smoothened equity curve. Do Watch it..
#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 down -0.45% this week. Our Overall return stands at 146.47% returns since inception. Which is 21.21% CAGR. We have 17% still in cash. Strategy outperformance to benchmarks stand at 50.51%
We have 01 Exit this week. Proceeds move to cash.
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.
#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!!!