@Anand_Jain We have a fixed portfolio of 20 stocks only. Therefore, if 1 stock goes out, only 1 can come in. Similarly, if 2 stocks go out, only 2 stocks can come in.
To reduce the churn, I have given some allowance. Even if the stock goes out of the top 20, I will not exit if it remains within the top 25, ie it can drop 5 more places before I exit.
In the above case, only CHALET exits as the other two stocks are within my 25 limit.
If 1 stock goes out, only 1 can come in.
Therefore, even if there are 3 new entrants in the top 20, only 1 can come in. Amongst the three, TATAINVEST ranks the highest (17th rank) and hence it is chosen. The other two are 18th rank and 20th rank.
Trust this is clear.
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