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Portfolio: Changes to the Momentum Portfolio – May 2019

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With all eyes on the on-going elections, markets remained flat for much of April. May when the results and who shall govern us for the next 5 years becoming certain, one can expect a much higher volatility regardless of whether the final tallies were close to expectation or not. While Momentum Portfolio is not a magic pill that can avoid any adverse volatility, we expect the performance of the portfolio to be in line with much of the market.

In March, Nifty IT Index ended slightly in negative territory. With good results flowing from TCS and Infosys not being . . .

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