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

30 Days Return:
-11.98%

90 Days Return:
-20.63%

365 Days Return:
6.95%

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.