Who wrote this article?

Anoop Vijaykumar, Capitalmind's research team.

Portfolio: Momentum Portfolio reduces equities

12 Mar 2020Anoop Vijaykumar1 min read

Quick Facts

What is "Portfolio: Momentum Portfolio reduces equities" about?
What category is this article in?: Premium
Who wrote this article?: Anoop Vijaykumar, Capitalmind's research team.
When was this article published?: Published 12 March 2020.
How long does this article take to read?: 1 min read
What topics does this article cover?: Capitalmind Momentum
What does the "Portfolio for March 2020" section say?: Minimum lot size is ~₹1,60,000.

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Since the last rebalance on Mar 2nd, it has been one-way traffic for stocks. Chart shows percentage of NSE-listed stocks trading above 50/100/200 Day Moving Average thresholds. The shaded region is the movement since the last rebalance. The universe of stocks that qualify to be part of the momentum portfolio has shrunk drastically enough to merit an out-of-turn rebalance to the momentum portfolio. We are battening down the hatches so to speak.

We exit 11 stocks, add some exposure to Gold through GoldBees, and move the rest to cash in LiquidBees.

Stocks we are exiting

Portfolio for March 2020

Minimum lot size is ~₹1,60,000.

kite cart users: Link to fresh buys and changes will be posted on #actionable. smallcase users: Will receive an email to rebalance.

For queries, reach out on #helpdesk (premium subscribers)