[Newsletter] Market Overview, Capitalmind Portfolios & The Striding Man

🔆 Saturday Coffee Newsletter

• Market Overview: Top Indices & Asset Classes
• Good Reads: 5 good reads on investing & finance
• Portfolio Update: Momentum & Low Vol
• Pop Quiz: Answer and win a cool prize!

What’s up with markets? 📉📈

Nifty 50 had a flat-ish week as it lost 1% to close at 18203. With the recent announcement on withdrawal of Rs 2000 notes, there maybe some volatility in the coming week.

Over the year, Nifty has delivered 15% and gold is up 18%. S&P 500 is still playing catch up as the US economy struggles. Crude oil is down by 31% over the past year, as the shock of Russia Ukraine war is absorbed.

This week was again good for Realty stocks as the index is up 1.3% over the week and 14% in the last 3 months. Pharma stocks had a bad week as the index lost 3% over the week and underperformed NSE 500 by 8%.

Two factor portfolios ⭐

At Capitalmind Smallcase & Premium, we run two factor portfolios: Momentum and Low Volatility. Both of them are systematic, quantitative portfolios with different risk return profiles.

We recently published an quarterly update about both these portfolios.

Read: The Ebb and Flow of Momentum and Low Vol – May ’23 Update

What we are reading 📝

• Discover how much earlier you could retire if you increased your savings rate with data-driven insights to help you strike the perfect balance between saving for the future and enjoying life today. Read: Should You Save More to Retire Earlier?
• Here are three things to do to safeguard your investments. Read: How Many Of Your Investments Will Survive?
• Is Gold an Inflation Hedge? Does Gold Perform Well During a Recession?  Read: How Does Gold Perform With Inflation, Stagflation, and Recession?
• Fund managers have more staff, more information, and more access to companies, yet individual investors have one advantage in their favour. Anyone selecting a manager should consider such constraints on performance. Read: One edge that individual investors have over fund managers
• Here are 5 simple & timeless rules that can form the foundation of your successful long-term investing Read: 5 Principles for Long Term Investing