WEEK that was
US markets staged a strong comeback and Indian markets are inches away from All time highs. We have done that without the support of FII, this is a definite structural change in the dynamics. So far, Rally has been large-cap specific and the broader market has not participated in the upmove.
Here is a weekly update on our strategies.
MWM gained 1.24% this week to close at 265.59% total returns. Our Overall outperformance to benchmarks is at 173.06%. The current Drawdown stands at –12.82% We have averaged 25.75% CAGR since April 2017.
This week will have 1 Entry and 1 exit.
#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.
We explained all that and more in our DECMA Presentation. The presentation is out of a pay-wall for all to see now.
Mystic Wealth value gained 0.82% this week. Our Overall return stands at 157.41% since inception which is 18.66% CAGR. We have 18% in cash. Strategy outperformance to benchmarks stands at 64.87%. Over the last 3 years, MWV has clocked 31% 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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