This week saw very good gains across the depth of the market despite some selling from FIIs. Nifty Jnr (+4.05%), Mid-Small 400 Index (+3.42%) & Smallcap 250 Index (+3.27%) were the frontrunners amongst the Benchmark Indices. We also witnessed a strong 4% plus rally in COMMODITIES, METALS, ENERGY, FMCG & PSE.
REALTY & PSU BANKS have now rallied ferociously to pocket 16% plus in the last 30 days while IT has surprising been relatively quite weak returning a flat (1%).
This week was extremely good for all WeekendInvesting strategies. Mi NNF 10 – our 10 stock rotational momentum strategy has been a cracker returning a whopping (+5.82%) in the last week. All strategies had a very good week barring a couple. On the monthly front, Mi 20 (+18.67%) & Mi 35 (+17.87%) have performed beyond all our expectations. All strategies are off to a fantastic start in FY 23 and we hope this continues.
You may also read the full report here.
A SHORT COURSE to Help you Stay Calm in All Market Conditions
Usually, quick – sharp corrections amidst a Bull Run creates ambiguity in the minds of lots of new investors. The most important questions we often get asked is whether markets will crash from here ? Should we exit ? and few other questions like these. We have made several videos to help you clarify many such questions and help you have the RIGHT MINDSET for a rewarding journey in investing.
We have put together a few of our previous Daily Bytes which we think might be relevant for times like these. Do have a look and send us your thoughts, questions or comments if any.
The smallcase products are all LONG ONLY products that invest in various subsegments of the markets but have the momentum theme underlying in all of them. The strategies will pick strong outperforming stocks and remove weak ones once a week (except NNF10 which is monthly rebalanced)
These are all long term strategies that will create enormous wealth in each upswing and then maybe give some back in the downswing and repeating this process again and again achieving the compounding effect. With patience and grit to follow strategy over ups and downs over the last nearly five years it has been shown that much superior CAGR returns are possible than the benchmarks.
FY22 was also superb and I will let the numbers speak for themselves. You may read the Consolidated FY22 report.
We give an advance notice here on the upcoming changes in your smallcase for Monday . This advance notice can be used to ignore Monday update if there is no change. If there is a change indicated you can use the smallcase app or login to weekendinvesting.smallcase.com to see the rebalance. A back up email is sent by mid day Monday if you have not rebalanced by then and yet another one a day later.
Note : We are not including LIQUIDBEES as an ADD or an EXIT count.
The performance for the week and the month for all the smallcases is presented below.
Large & Mid Cap Strategies – Performance
Mid & Smallcap Strategies – Performance
Smallcap Based Strategies
All Cap Based Strategies – Performance
Many of you had asked us to make the index series of all WeekendInvesting Products available so that you could perform your own analysis and studies. You can find a link to the LIVE sheet here and also on the HUB under support column in the content tab.
WeekendInvesting Telegram and YouTube Channel
We post daily content related to investing on our Weekendinvesting Telegram Channel and YouTube channel to help our community take stock of the performance of markets, sectors & our products and touch base upon a new topic every day. We look forward to having you all there.! The several videos in this blog are from this series.
This is all for this week. Please stay safe and we shall meet again next week. Bye !