Lose Nothing if the Nifty Falls, Make 75% of any Upmove: Capital Mind's Do It Yourself Products
Last year, just as we started with Capital Mind, we talked about many ways to build your own"Capital Protection" structured product. In a mid-term review we took an interim look at the product. We were on track.
The idea was:
• Protect the downside completely - do not lose money if the Nifty falls.
• Get a kicker on the upside - if the Nifty scaled new heights
• Exit time: 1 year.
• Capital: Rs. 500,000
We put in three methods to achieve them - we'll re-evaluate how they've done as we reach the end - the products are about to mature.