At smallcase, we believe transparency is one of the most important characteristics of a financial instrument. Working in this direction, we have recently introduced lots of new features on the platform
1. Valuation and Sharpe Ratios
Now you can see and compare valuation ratios of a smallcase vs. benchmark — just click on the check financial ratios button under stocks & weights of any smallcase. You can access this information for the Dividend Stars smallcase here.
The best part is that all the valuation ratios for both smallcase and benchmark are calculated on a consolidated basis, not on standalone numbers.
2. Market Cap Distribution
This feature enables you to see how much of your capital would be going into Large Cap, Mid Cap or Small Cap section of the market, if you decide to invest in the smallcase. This can be seen under stocks and weights of any smallcase
3. Past performance chart of a smallcase is now on live data only [Updated on 25th April, 2022]
We used to show the backtested data in the Past Performance charts of smallcases, as it would help users analyze the strategy performance across longer time periods. Now, we have completely removed the backtested data from the Past Performance charts as well, to ensure that you don’t get confused between the live and backtested data while looking at the Past Performance chart.
Now, all the charts and numbers shown anywhere on the platform are only based on live data. If you are still keen to see the historical Manager’s backtested data of the smallcase, as calculated by the manager, you can find it on the factsheet of the smallcase.
4. Factsheets
Judging from the feedback received till now from the users, this is one of the most useful features. Now you can download all the essential information about a smallcase in pdf format, by clicking on the Factsheet link on the smallcase page. A smallcase factsheet has all the necessary information about the smallcase like — Returns, Risk, Subscription Type, Important dates, the backtested performance provided by the Manager, SEBI registration details of the Manager etc. All smallcase factsheets get updated on a daily basis. You can check out the factsheet of Dividend Stars smallcase here.
smallcase Factsheet
We hope these changes have made smallcases even more transparent than before. Please do share your suggestions on how we can further improve the transparency on the smallcases platform.
Thanks for bringing in many of the requested features. (Better late than never…)
In the performance section, could you also provide XIRR return for the SIP investments in addition to the lumpsum investments. This way SIP investors can better understand their returns…
Hi Balaji – this is something already in our list of suggestions 🙂 We’ll update you if anything comes up regarding it.
Many thanks for bringing on the new features. Appreciate the focus on transparency. Can you also include a feature to be able to see the historical composition of the smallcase at any particular date.
Hi Jinesh -feedback noted!
Waiting for Transaction history for each smallcase. Currently its unavailable.
Hey Surjith! If you’re referring to the history of rebalances, this is something in our list of suggestions. Will let you know if anything comes up regarding it.
Would it be possible to show “current value of ₹100 invested once at launch”? Or, a graph that starts at launch with the benchmark and smallcase starting at the same value?
Hey Manish – interesting suggestion! Noted!
Hi, This is indeed go a long way for TA on the chart. However, one thing I have missed for quite long time and discussed with your team also. Can you provide the candlestick chart please? That will immensely help.
Hi Saikat! smallcases are long term investing instruments and work best that way. Candlestick charts are mostly used in trading and hence will not be best suited for smallcases. Nonetheless, feedback noted! 🙂