I'll Select These TWO Mutual Funds for my Lifetime Investing Portfolio
Vložit
- čas přidán 17. 06. 2024
- 👉 Subscribe to my Investing newsletter at shankarnath.com
If you've ever wondered which two mutual funds could form the cornerstone of your lifetime investment strategy, you're in for a treat. In this insightful video, I've break down the optimal pairing which is a combination of momentum and value funds. The core of this video is a study I conducted with 17 years of data which aimed to understand :
a) how the momentum strategy and the value strategy have performed in isolation
b) how does it work as a 50-50 combination
c) what are the yearly returns and the rolling returns
d) I also introduce the concept of a "momentum-based switch method" which makes changes based on the market conditions
e) And also a "PE ratio-based switching method" which depends on the Nifty 50 price-earning ratio
Since this journey isn't just about numbers; it's about gaining an edge in the market. We invite you to explore the attached worksheet in the video description, allowing you to experiment with different combinations, variables, and strategies. This worksheet can be accessed here: docs.google.com/spreadsheets/...
Use the code SKN20 for 20% Discount on Quantitative Investing Strategy course fees
👉 fisdom.academy/courses/Quanti...
👉 Download the Fisdom app:
fisdom.onelink.me/VCH6/Shanka...
👉 Video Chapters:
00:00 Two Mutual Funds for a Lifelong Investing Strategy
01:27 What is Momentum Investing and Value Investing
04:42 Combination of Momentum and Value
07:25 Momentum-based Switching Strategy
09:38 Value-based Switching Strategy
10:43 Shankar's Viewpoint
🙌 Join my community on:
‣ CZcams: / @shankarnath
‣ Instagram: / shankarnathofficial
‣ LinkedIn: / shankarnath
‣ Twitter: / shankarnath
#longterminvestment #momentuminvesting #valueinvesting
Disclaimer: I am not a SEBI registered investment advisor or research analyst. I am not registered with PFRDA or IRDA either. The content posted on this platform is purely for educational purposes and none of it constitutes investing or trading advice. Viewers should do their own research and diligence before investing or acting on the information presented. Some of the links I have posted in the video, the description, the comments and other related resources might be affiliate links
We generally think only in terms of market caps and don't think in terms of strategies. A secondary objective of this video was to get us investors to explore these alternatives (momentum, value, low volatility, quality etc.) that are available to us. Personally, I made this change in my own approach in these last 2-3 years & it's certainly helping. As an extension, please also watch my data-rich video on Factor Investing for a better retention of the concept: czcams.com/video/H9pJcu3YQOk/video.html
Superb sir. You are a scientists. this is great thing. Are you invested entire portfolio in this strategy or partial?
@@aloksharma3712Partial. These strategies go into my opportunity portfolio which is expected to give me more returns and I don't mind the short term volatility.
Hii sir can u suggest any mfs for the strategies discussed in the video
Sir, the monthly numbers you posted for "NIFTY 200 MOMENTUM 30 TRI" are not the same as what I downloaded from the NSE website. Any reason why this difference? Also, if most of these 30 companies are already present in other mid-cap & flexi cap funds then it may not be very relevant and might end up overlapping.
@@saketlal8348
1. You might be downloading PRI data and not TRI data
2. I understand your quandary; I think it is next to impossible to find two funds in the large and midcap domain that will not have some overlap.
Just pick three funds:
Nifty 50 Index Funds
One midcap funds
One small cap funds
You’ll end up making 14-17% CAGR over the years. Thinking less can create wealth rather than always doing something and complicating things.
@@keerthi4513 Not at all. Most of the funds would not be able to beat the index,,. lest there would not be so many mutual funds with so many permutation and combinations. Once a year this funda works and once a year another works.. in this way.. its all about working out with different reasoning.. however no one knows what really works. All that matters is results at the end... also to add every mutual funds tries to beat the relative index.. which by definition means the index is the standard.
Very nicely explained
Yes, small cap index fund beats most of active funds of that category and similar story for other indexes as well
I prefer UTI Nifty 50 fund.
Completely agree with you.
the backtesting without any filler lines to extend the length of the video, honestly this channel deserves a lot lot more! Well done!
Thank you!
This channel is available at a good PE in terms of learning and one can expect huge MOMENTUM on this channel 😊. Thank you Shankar sir for all the learnings you share.
Perfectly explained about this channel
Thank you very much! I'm happy to be playing a small part in your financial journey
You're a gem of an individual Mr Shankar, keep up the good work and hope fortune shines over you and your family.
So nice of you. Thank you very much for your good wishes 🙌
This is by far the best and a very quantitative approach and presentation on fund selection. 😊 Awesome simply awesome
Thank you so much 🙌
Great idea! I believe we can further improve the returns by adopting a slight modification to the Switch based returns: During down trends, even Value Funds suffer significant corrections. Hence whenever the momentum index returns for 3 consecutive months is more than -20%, switch the entire investment from both the funds or at least from the Momentum Fund to Money Market Fund.. This is just a theoretical guess and needs to be verified.
This video is very convincing in terms of strategy. I am going to go 50-50 on these two index funds for next 10 years.
Really good video sir. Very few good youtubers like you with futuristic outlook. Thanks
Most welcome. I appreciate that!
Both Sankar Narayan n Sankar Nath are excellent data presenter n having very good grasp over mutual fund investment. They seems are compassionate to each single investor for his every penny. These people make the investment decisions easy for a lay investor. Respect. 🙏🏼
Thank you very much, Pulin ji. I'm glad you like my style of presentation and the video content.
Absolutely brilliant! Thanks a lot for sharing the worksheet!
My pleasure! Please write back if you figure an alternative strategy or tweak that can help improve returns or reduce volatility
Shankar speaks world listening. Only content no cut outs. Thank you sirji
Most welcome 🙌
@shankarnath Could you suggest gain analysis on possibility on buying nifty 50 index fund + hedging long term expiry index put option ?
Wow! What a finding. Invented a financial concept 'momentum based switch'. Detailed analysis, exemplary knowledge. Truly impressed. Thanks a ton, a small token of gratitude - Siva from Bangalore
Thank you very much Siva for your kind appreciation and for this gratuity. I'm happy you found this useful & a secondary objective here was to get investors to look beyond market caps & evaluate their own portfolio using the strategy as the engine. Glad you like it!
Hey! I have a doubt & it's bothering me a lot, whether we have to switch our SIP amounts or we have to switch our entire money that's invested in the funds?
@@shankarnathsir please give answer to this query
@@AG444FF Please go through some of the other comments. This question has been asked & answered multiple times
@@shankarnath ok thanks sir
Just wonderful! I love the data approach! Liek someone said its GOLD!
Simply the math and understanding is more educational!
Thanks
Thank you very much, Mr. Kalyan for your kind appreciation and for this gratuity. I'm glad you liked my work
This channel is pure gold .
However this channel seems to prefer equity over gold.
Thank you Siddharth 🙌 Glad you like my work
Amen !
Indeed
Diamond.
Always exceeding expectations. What I really like about this channel is using data extensively.
Thank you very much! Glad you liked it
Very nice presentation, Shankar sir : your channel content is awesome. Thanks for sharing the knowledge with us ❤
My pleasure. Glad you are finding the videos on my channel useful and informative.
Sir you never disappoint in bringing out such unique data backed topics which hardly anyone talks about 🙌
Thank you very much Harshit ji. Glad you liked it
Great video and entirely different perspectives.. of research.. loved it
Glad you enjoyed it!
I was trying to search for latest monthly data for 2023-2024 to decide on current momentum switch statergy but cannot find details. Sir @Shankarnath Can you please help where can I find such information for better decission?
Excellent..a unique concept!
Thank you!
Namaste Shankar Ji, you are ahead of other CZcams, content creators, competitors, your content is gold!
Wow, thank you. I'm happy to be making a small impact on your investing journey
Really Pure Gold ..Deep knowledge.Keep doing great work Shankar Sir
Thank you very much, Rajesh ji
Is there any platform that can support codifying the momentum based switching, or PE based switching automatically for retail investors?
The content is pure gold. Keep up the good work Shankar.
Thanks Ashish ji
This types of videos always helps a young investor like me!!! Thank you sir for your hard work🙏
My pleasure! Glad you are finding it helpful and informative
Thanks Shankar, as usual the presentation is full of wisdom.❤
Thank you very much, Karthikeyan ji
super insights - appreciate, thank you Shankarji
You're most welcome 🙌
Excellent video. God bless you.
Thank you!
Hello Sir, another amazing video with a new way of looking at things. However i do have one question regarding the momentum and value funds. Are the funds selected by you for the video equity funds or index funds?
Thanks. They are equity and index funds.
Sir, your analysis is top class. The way you explain is exemplary. Your in depth videos are GOLD MINE.
these are diamonds in the dust of other finfluencers... awesome. Keep it up sir...
So nice of you. Thank you very much for your kind words and appreciation!
@shankarnath Perhaps you can suggest one of the new mutual fund entrants to research it further and implement the best possible variation of the momentum+value switching technique inside a passively managed mutual fund. High returns at low cost!😃
As usual, very well presented. Thanks for sharing.
Most welcome. Glad you liked it
Very well explained and researched. Thank you for this. When doing the switching, are you shifting all lumpsum to Value or just the SIPs of the following months?
Most welcome. Yes, a 100% switch is what I've assumed as this was lumpsum investment (not SIP). The data is all there in the worksheet; please explore multiple scenarios per your comfort
सर, मैं आपकी जितनी तारीफ़ करूं, उतनी कम है. In spite of having so much deep knowledge, you are very simple and down to earth. Thank you for all.🙏🙏🙏🙏🙏🙏🙏🙏🙏
Bahut bahut dhayanwad apka. Glad you are finding my content useful and informative
Im a big fan of your quality content, also your video banners of you is funny, awesome... and graphics is engaging.
Thanks a ton! I'm glad you like them
Editing skills are brilliant and creative. Like always, informational video.
Thank you!
Great analysis sir .. Once again courage of conviction is required to invest during moments of crisis/black swan events
I am really Glad to found you to find out best Mutual funds. Currently UTI is providing these 2 categories mentiond in this video which i am planning to do SIP
Very good i am learning with your video since 4 year
Glad to hear that 🙌
Awesome video 😮. Very insightful for a new investor
Glad you liked it 🙌 Thanks!
Hi Shankar, first of all thank you so much for such a depth and valuable content, which i am pretty sure isnt done over a night but rather lot of research has been on done it over a period of time. Keep posting such shining contents.
I was checking nifty 500 value 50 fund today and it seems there are lot of govt companies , bit worried if i should go ahead with investing in that fund as circumstances have changed a lot in last 20 years . Would like to hear more from you on it ?
Thank you very much for your kind words and appreciation. "Value" will always see many government companies because they often ascribe with the value definition i.e. low PE, low PB, high dividend yield etc.
Personally, I don't get worried on the constituents of indices as the index is expected to follow a particular methodology and what comes per that approach is what you get. If we start an inquisition on every component, then perhaps an index is not the right instrument. In my case, I leave index analysis to the data (trailing returns, rolling returns, point of entry/exit, volatility & sometimes Sharpe ratio) and don't peek into the constituents.
Hope this helps some
Dear Sir, you videos are awesome. Keep it up. All the best Sir!
So nice of you. Thanks!
Your videos are unique, well researched, and one of the most sensible videos and surpass in quality of most of the so called finfluencers' videos by manifold. I wonder why you still have less than 100k subscribers. Masses need to know you on immediate basis.
Thank you for your kind appreciation.
Outstanding is the word i can say about this video...Sankar anna is superman in presentation and presenting...Curious to work with you anna...Suresh from Tamilnadu
Thank you very much Suresh 🙌
Hi Shankar,
First of all thanks a lot for making such content of pure Value for average investors like me.
Regarding the mutual funds which are based on these indexes, do you think they can replicate the performance of the momentum or value indexes in the long run and how do we find the tracking error of these momentum and value index funds. I have tried to search but without any luck so far.Will really appreciate if you can point me to anything.
Thank you! The indices I used in this video (and I think I mentioned it) have a related index fund. So minus 0.3 to 0.4% for expense ratio, these index funds's perform should historically match the index based analysis I did. I couldn't work on fund NAVs in this case because the funds itself are just 1 to 2 years in existence .. and my study took the last 17 years of data. Hope this helps.
Very insightful, Shankar.
Thank you
@@shankarnath this is next level attention, did not expect a reply, forgive my laziness but why did you choose 3 months 20% and did you try any other variations such as 4 months and 15%?
Thanks Shankar
Hi Shankar, great video, wonder what a balanced advantage and small cap combination might look like 🙂
Thanks
No show off, pure class... Your channel is ready for a subscribers compounding sir... Respect sir...
Glad you find my work useful and informative!
Indeed this video may be a game changer for most of the mutual fund investor community. The two funds investment totally simplify the investment life with once a while tweaking for higher returns.
I am wondering whether the same momentum theory will work in the case of midcap/small momentum funds as well. Views will be highly appreciated.
Thank you very much, Dr. Bala. There is indeed a midcap momentum index (Nifty Midcap 150 Momentum 50). If you come to analyse that one, then please do share the results with me so that it benefits the bigger group here.
Amazing video again. Seems momentum represents Growth style of investing which may be contrarian to Value Style.
Thank you very much. Yes, momentum is aligned to the growth style .. and that allows for weak correlation between the momentum & value style of investing .. which in turn, seems to be supporting this strategy
You bring value in every video. Great work. 🙏
Thank you!
Shankarji, thanks for your videos that are helping investors in India. We would like to see some videos on agri-based investments as well. considering the increase in food prices, every one of us can invest a small portion of our savings and profits even if it provides FD-like returns. Please prepare videos on such opportunities as it would help our people and children, as we can see the whole world is suffering from food inflation, climate crisis and war.
Thanks for the suggestion
I searched for a MF agri based scheme. I found one by ABSL. However, it seems to be now merged with other global investment scheme....
Thanks a lot, Shankar. Great wor!! In 2021, I analyzed nifty next 50 and Momentum index funds and presented them to a small group in my organization. At first, people were in disbelief at >15% return from an index fund, and some of the numbers were brutally challenged. Now, I am more comfortable with analysis as you have added more data points. Can you help with names of AMC who are doing better in both categories as well?
Most welcome, glad this video added more support to your own analysis. Feel free to pick any AMC that offers a momentum index. I have personally invested in UTI and ICICI Pru N200 M30 schemes & I think talk about tracking error is mostly noise. Perhaps you can do a 2nd analysis on N200M30 vs Nifty Midcap150 Momentum50 to see which might be more comfortable to you. In my position, I prefer the M30 because it aligns with my asset allocation aswell. If I were to move to M50, then I'll have to rejig my portfolio asset allocation aswell
Thanks . This helps @@shankarnath
@@shankarnath Sir any recommendation in AMC for value index fund?
Nice. Learnt something new. Thx. Is 20% the minimum benchmark indicator for switch to momentum or hv I delayed my switch & lost potential gains wrt an early switch to momentum strategy? Request you to guide me.
Most welcome. No, it is just an assumption .. pls feel free to create you own switching strategy
@@shankarnath thx. In your experience what's a reasonable timeline.
Good analysis for people having time to experiment.Long term investing for layman in MF creates good money.Dont chase,remain invested for longer duration.
Another great video and high-quality content. I'm learning a lot through your video series. Great job. Could you share ETF/MF that offers both of them?
Most welcome. You can check out many options on platforms like Fisdom, Groww, ET Money, Valueresearchonline etc. Schemes (MF & ETF) exist from ICICI, HDFC, UTI, Aditya Birla etc.
But sir I could see these new age momentum and value funds have started only 1 or 2 yrs ago?.How can we rely on these funds sir? Sorry how you retrieved data from past 17 years?
@@pappuzion1130 It's like how so many investors have put in their money in Midcap 150 and Smallcap 250 indices. These ETFs and index funds are quite recent aswell but because they follow a methodology, the results of that method can be back tracked for many years. So in the case of midcap and smallcap indices the data extends until 01.04.2005. The same is the same with factor funds are you can find the back-tested data going into many years in the past. To access earlier data, please use niftyindices.com
Thank you sir
Thank you sir @shankarnath
Excellent work as always Shankar. Love your data based no nonsense approach. Please consider making a video on how you actually run these back tests. I'm not from a management/tech background so I'd greatly appreciate if you laid out the framework you use to sift through data.
Thank you very much for your appreciation and for the suggestion. This one is not complicated at all but I'll queue a video on the same.
@@shankarnath thank you, that is much appreciated. 🙏
@@shankarnath +1 on the video request!
Great video! Will you put Contra funds in the same category as value? If not why?
Thx. Personally, I wont use any actively managed fund as part of this strategy whether its contra or value. I explained my wrinkle with contra funds in the video on contrarian investing. Link: czcams.com/video/EtuJa-TnSc4/video.html
Thanks Shankar for all the enlightenment.
My pleasure. Glad you liked it
This is god gift 24 carrots gold channel, with flaw less contents, simplifying financial journey to many thanks a lot Shankar sir ❤
God not g
Thank you very much. I'm glad you found the video informative and useful
24 carrots? 24 gaajar?
Been investing in value & momentum for the last 2.5 yrs & it has given me amazing returns.
Thanks for the video. It cemented my belief in Value momentum strategy.
PS : I do it via smallcase
Glad to hear that. Most welcome!
Please share the name of the the small case
+1
@darshannaik892 which smallcase is it ?
Windmill capital, Value & Momentum Smallcase.
Thank you. Interesting insights, an eye-opener.
Glad it was helpful!
Brilliant video sir !!! Had a doubt ? I understood when to exit momentum and enter value but having issues regarding when to enter back into momentum from value
Thank you. Timing will always be an issue. Personally, I don't bother -- I'm following a 50:50 combination.
It was such a disappointment when you left ET money and now it’s such a relief that I found you again 😊
Keep enlightening us and guiding us as always… In fact I invested through ET Money just because of you Sir…. Thank You
Thank you for your continued patronage
what are the 2 names finally ?
NIFTY 200 MOMENTUM 30 INDEX
NIFTY 500 VALUE 50 INDEX
Thanks for time save@@yogeshshewale2
That’s quite interesting!
More than 20% in mutual funds for long term..
Even most bluechip stocks also won't able to do it..
Excellent content sir.. TOP CLASS CONTENT
Thank you very much! Glad you found it informative & I hope you'll build upon it.
@@shankarnath I want to start it from next month 1st onwards.. thankyou sir
excellent video and analysis-thank you
Glad you liked it!
Dear Shankar, thanks for insightful session. please help decide amongst the many momentum index funds available with each AMC. and edelweis & Tata got midcap momentum index too. thanks
Most welcome. I will be clueless on where to start :) Personally, I have never spent more than a minute on choosing an index fund within the same category.
Perhaps, the only two things to see are a) expense ratio (which is similar for most within the category so I'll chose a mid-range one) and b) AUM (I prefer the higher AUM ones as it means there's a dedicated desk that manages it).
This guy makes most informative videos on stock market
I have made two different portfolios on online platforms. One portfolio comprises of index funds and other having mutual funds with an aim to have different returns in long term basis. Is this approach correct?
The most impressive value investing channel I have seen on CZcams. Keep up the good work.
Wow, thank you!
@@shankarnath can you pl share your email address and do you collaborate with businesses / brands?
@@ecinfosolutions It's hello@beginnersbuck.com .. I do promotions and paid collaborations
Wow love the quality of your analysis. Very neat.
Glad you think so! Thanks
Excellent analysis
Thank you!
Good Explanation & Useful information video 📸
Thank you 🙌
Hi sir, great video. Where did you get the data from 2005. I was similarly trying to fund some other data set for other stdategic indexes but was not able to source it.
Thanks. I used niftyindices.com
For TRI data, here are the steps after you access niftyindices.com :
1. On the top navbar, you'll see REPORTS
2. Within that sub-menu, click on HISTORICAL DATA. A new page will be rendered
3. In the top drop-down (orange color text), select "Total Returns Index Value"
3. Select Equity from next drop-down
4. Then the index you want data on (in your case it's Nifty 200 Momentum 30 or Nifty 500 Value 50)
5. Then the dates
6. Click Submit
Very interesting presentation, @shankarnath . Wanted to check , in the worksheet, do the rolling returns pertain to the 50:50 momentum and value ? Or with the switch strategy?
Thank you! Yes, the rolling return is for the 50:50 split
@shankarnath momentum ibdex has grown 68% in 1 year. Almost 20% in 3 months, trigerring the switch. Do you think, its a good idea to switch from nifty 5p fund completely to a momentum fund. And then build momentum +value portfolio?
my sip are ppfas flexicap fund and nipoon focused equity are goping on.
i have 10 lacs to invest for horizon of 10 years or more .kindly suggest equity fund for maximum return with minimum risk.
my son have axis blue chip and long term advantage fund., shall we redeem and switch to other fund.
sip for more than 10 years has no risk of loss?
pl. suggest.
regards
Awesome video!! What if neither there exists a 20% increase in momentum index for 3 months nor any PE breakouts. Like now. Which asset allocation strategy to adopt
One can continue with the existing strategy whichever it was i.e. momentum or value
Sir i am a new subscriber of your channel. Thanks for giving such quality content in your channel. Sir in your previous video regarding factor investing you suggested to consider lumpsum investment rather than SIP. My question is can we do SIP in the index fund discussed in this video or is it advisable for lumpsum. Also, can we replace these index with small and mid cap actively managed fund.
Welcome aboard!
1. You can use both approaches i.e. SIP and lumpsum. That's what I do.
2. Your question is to replace the momentum or value style fund with a market cap styled fund. This completely changes the shape and form of the portfolio. I have never tried it because that was not the point of this exercise. You have to test it by yourself and see if it works.
Very informative video....
Thanks a lot
thanks for this wonderful info! what are the funds available to invest in these indices?
Most welcome. Please check out platforms like Fisdom, Value Research, Groww, ET Money etc. for the funds. Pls type momentum in the search bar and a list of funds will appear
Very useful information. Superb job. Big fan!!!!
Glad you liked it! Thank you Ali .. wonderful stuff happening with your IG reels aswell
Great information sir. Thanks a lot.
Most welcome, glad you found it useful
Very informative content with unique strategies 👏👏
Glad you liked it. Thanks!
I like his clear explanations and. Way of communicating the subject clearly
Great to hear. Thanks!
This video is really helpful as I'm a beginner. I'm intrigued about the switching techniques you've mentioned. Can you please share more switching technique that we can follow or the indicators to follow. Any references is appreciated. Thanks a lot for this :)
Thank you! I built a simple switch model in the way I was comfortable with, this wasn't some documented approach. Please feel free to try your own way although I must add - the 50:50 allocation is also quite powerful
Hi Sir, Thank-you for sharing always simplified investing opportunities in this complex world! ❤
I just had a query, when you mention switch, doest it mean we redeem full amount from 1st fund and reinvest all in 2nd fund.. or we stop sip in 1st fund and resume sip in 2nd fund until the next switch.. also wondering would it be possible to share curent active switch 😊
Thank you. Yes, the scenario I have built in the excel worksheet is an ON-OFF (exactly like a switch). So one moves completely from one fund type to another. Ofcourse, you can try out different combinations as per your comfort, the excel sheet is there to help you with the necessary data.
As always one of the best video
Content and conviction at another level 🙌🙌
Thank you 🙌 Glad you like my work and find it informative
Can anyone give the name of those to mutual funds having value and momentum
Ur channel is a high valued and now in a momentum 😊❤
Thank you so much 😀
Hi Shankarnath
Am new subscriber thanks for for sharing the knowledge..
your 1-1 consultation link don’t not work so you have any other option to reach .?
Welcome aboard! I've paused 1v1 consultations due to paucity of time on my part. If you are keen on setting up some time, please write to me at hello@beginnersbuck.com and I can share a link separately
Video specific queries can be posted on the comments section itself. Thanks!
Really appreciate your content, this looks very interesting. 1 question, whenever we are switching we have to pay 10% LTCG and that reduce overall returns right?
Thank you. Switching means selling and buying, so tax on LTCG or STCG will apply. On your point on returns, you have to decide between:
a) Not switch and be happy with 16.2% for now. I use the word "for now" as the assumption is that ultimately everyone wants to sell these units & enjoy their money. So ultimately, post-tax returns is 16.2% minus 10% of 16.2% .. equalling 14.6%
b) Switch and receive 22.2% and pay the government 10% on 22.2%, so about 2.2%. Please note it's not a straight-thru 10% but back-of-the-envelope, you're looking at a 3% knock off .. so it's a 18.5-19% post tax return.
Ergo, it depends on how you want to look at it.
very very Unique learning, thanks for all the efforts you have put in !!
My pleasure! Glad you liked it
Great analysis sir. Thank you for this
My pleasure. Glad you liked it
Hi Shankar, why and how have you arrived at Nifty’s PE 24?
Very very good contenet. And equally well presented
Thank you very much!
Thank you for the excellent video as always ...is it possible to create momentum bases direct equity stock portfolio ..if yes- any pointer how this can be achieved,thanks
Most welcome. I'm not sure but you can explore the methodology used by Niftyindices for creating the Momentum 30 index and try to replicate it. I guess the access to data will be the bigger thing here
Shankar sir, you really got curious and interested in factor based index funds since i saw your this video the first time. I experimented a bit n backtested data for some additional factor indices too. I think the Nifty Midcap 150 Momentum 50 index has outperformed most of factor indices including Nifty 200 momentum 50. Of course the former only has mid-caps . By any chance has Nifty midcap 150 momentum 50 caught your attention or you did not include in comparison coz its mid cap index?
Hello Narender ji, every factor fund at some point will outperform others and vice-versa. That's the thing with strategies, they have their cycles too. I haven't analysed the Midcap 150 Momentum 50 lately. If you are planning to do that, please share your findings here for everyone's benefit