WEEK that was
Damage to Nifty is in double digits now in last 01 month. But that is the good part, As always, real carnage is happening in small caps. There is hardly any safe haven. This is the time when SIP guys trump lump sum hands down. The discipline of fixed buying ensures you stick to the strategy in turbulent times.
Here is a weekly update on our strategies.
MWM lost -7.68% this week to close at 245.89% total returns. Our Overall outperformance to benchmarks is now reduced to 175.05%. The current Drawdown stands at –17.52%. We have averaged 27.07% CAGR since April 2017.
This week will have 6 Exits and 0 entry in both MWM website and Smallcase.
#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.
Listen to this Clubhouse conversation where we answered all FAQs.
Mystic Wealth value shed -6.31%% this week. Our Overall return stands at 105.66% since inception. Which is 14.86% CAGR. We have 18% in cash. Strategy outperformance to benchmarks stands at 34.82%
This week will have 2 Pyramids into existing positions.
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.
To know more about the underlying philosophy at MysticWealth Value (MWV). Please watch this detailed webinar
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Have a great Weekend.