Nifty_SM100

Positive Surprise

All publicly traded companies listed on the NSE are included in the universe.

The team uses well-established academic research and liquidity considerations to decide the criteria for this smallcase.

There is substantial academic research that has established market surprise on earnings announcements as an early indicator of price momentum. Research has found this factor to be robust across regimes and market conditions. Building on this insight, the research team does individual stock picking based on earnings announcements for the most recent quarter.

The smallcase weights the selected stocks equally.

This smallcase has a quarterly rebalance schedule. Once every quarter, the research team reviews this smallcase and realign the weights with the selected asset allocation strategy for the next quarter

Lotusdew Positive Surprise Momentum Model

Compare with 101st-250th market cap stocks

Compare with 251st-350th market cap stocks

Compare with 101st-500th market cap stocks

This strategy rides the momentum of positive earnings surprise adjusted for seasonality. 

Lotusdew Positive Surprise Momentum Model

Overview

Stocks & Weights