Financial Momentum
Momentum factor applied to universe of companies in the financial realm.
Risk Level: Very High
Min Investment: ₹2 Lakhs
30 Days Return:
-5.76%
90 Days Return:
-7.55%
365 Days Return:
-3.10%
Annualised Return:
17.98%
Strategy Specifications
| Strategy Inception Date | Nov. 2, 2021 |
| Min Investment | ₹2 Lakhs |
| Strategy Type | Standalone Strategy |
| Asset Classes | Equity |
| Universes | Large Caps Multi Caps |
| Investment Styles | Momentum Sector Specific Rotation |
| Markets | India |
| Instruments | Equity |
| Rebalancing Frequency | Monthly |
| Volatility | Very High |
Strategy Description
The potential for Banking and Financial Services in India is huge, given the low coverage of almost all financial products in India. This industry is also constantly involving with new companies or old companies with new ideas. This strategy tries to pick the winners in this exciting industry .
Asset Allocation
Strategy Selection
| Category | Weight |
|---|---|
| Financial Momentum | 100.00% |
| Financial Momentum | FBC Generic Financial Services Benchmark | |
|---|---|---|
| 30-day returns | -5.76% | 2.03% |
| 90-day returns | -7.55% | 0.25% |
| YTD returns | -10.11% | -1.77% |
| 1-year returns | -3.10% | 13.66% |
| Returns since inception | 352.44% | 227.50% |
| Annualised returns | 17.98% | 13.88% |
| Sharpe ratio | 0.4 | 0.31 |
| Max drawdown percent | -51.33% | -43.61% |
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.