MNC Momentum

Momentum Factor applied to universe of MNC listed companies in India.
Risk Level: Very High
Min Investment: ₹5 Lakhs
30 Days Return
30 Days Return:

-11.98%

90 Days Return
90 Days Return:

-20.63%

365 Days Return
365 Days Return:

6.95%

Annualised Return
Annualised Return:

22.16%

Strategy Specifications

Strategy Inception Date Sept. 4, 2019
Min Investment ₹5 Lakhs
Strategy Type Standalone Strategy
Asset Classes Equity
Universes Large Caps Multi Caps
Investment Styles Momentum Thematic Rotation
Markets India
Instruments Equity
Rebalancing Frequency Monthly
Volatility Very High

Strategy Description

The theory goes that multinational companies are better-run in terms of corporate governance, better stability in operational performance and strong balance sheets. If that theory is true, then as a universe MNCs should outperform broader markets with lower volatility over the long run. Our strategy tests this hypothesis by applying the momentum filter in order to choose what's popular.

Asset Allocation

Strategy Selection

Category Weight
MNC Momentum 100.00%
MNC Momentum FBC Generic Mnc Benchmark
30-day returns -11.98% -4.41%
90-day returns -20.63% -7.66%
YTD returns -17.04% -7.20%
1-year returns 6.95% 4.79%
Returns since inception 521.79% 170.12%
Annualised returns 22.16% 11.50%
Sharpe ratio 0.45 0.28
Max drawdown percent -42.18% -34.13%

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.