Cruise
Algorithm to spot stocks in high momentum and fundamental filter to shortlist based on quality
Risk Level: Very High
Min Investment: ₹2 Lakhs
30 Days Return:
-16.60%
90 Days Return:
-19.96%
365 Days Return:
-11.65%
Annualised Return:
22.04%
Strategy Specifications
| Strategy Inception Date | Nov. 2, 2021 |
| Min Investment | ₹2 Lakhs |
| Strategy Type | Diversified Portfolio |
| Asset Classes | Equity Debt |
| Universes | Large Caps Money Market Multi Caps Small Caps |
| Investment Styles | Momentum Market Timing Multi- Asset Rotation |
| Markets | India |
| Instruments | Equity Debt |
| Rebalancing Frequency | Dynamic Trading |
| Volatility | Very High |
Strategy Description
The last few years has been a revelation for all of us in the fact that you don't buy stocks which have fallen but the ones that are on the rise. This strategy filters 20 stocks which are experiencing high momentum and every month rebalances the portfolio. Apart from the momentum filter, we use some fundamental criterias to pick higher quality stocks. We hold liquid funds when there are no opportunities
Asset Allocation
Strategy Selection
| Category | Weight |
|---|---|
| Cruise Momentum | 100.00% |
| Cruise | FBC Generic Midcap Benchmark | |
|---|---|---|
| 30-day returns | -16.60% | -8.25% |
| 90-day returns | -19.96% | -8.60% |
| YTD returns | -24.82% | -13.02% |
| 1-year returns | -11.65% | 1.57% |
| Returns since inception | 516.02% | 303.28% |
| Annualised returns | 22.04% | 16.50% |
| Sharpe ratio | 0.64 | 0.5 |
| Max drawdown percent | -36.80% | -44.62% |
Disclaimers
Historical simulations or live model portfolio performance is provided for informational purposes only to indicate historical performance had Flameback Strategies been available to investors.