Undervalued but fundamentally strong businesses picking up investor interest.
Investment Rationale
ViniyogIndia® offers model portfolios based on Quantitative Factor based strategies. Factors are quantitative attributes that can be used to explain asset returns.
Mathematically, if we try to model portfolio returns as a liner multivariate function, then factors represent the independent or explanatory variables of that function.
Factor strategies have been extensively researched globally as well as in India. ViniyogIndia®’s factor portfolios use a combination of factors that are proven to work well in the Indian markets.
ViniyogIndia📈 Value portfolio is based on a multifactor strategy that uses Value as its primary factor.
- Portfolio of approx. 20 stocks picked from the NSE universe.
- Composite multifactor specification used to measure Value. Stocks are ranked based on average normalized factor scores.
- Further combined with secondary factors to ensure factor diversification and improve risk adjusted returns.
- Illiquidity filter to remove low volume| turnover stocks.
- Rebalanced half-yearly to reduce transaction costs.
