Smallcap momentum portfolio

In answer to your queries.

1. I have not used their service, so will not be able to comment if the list is the same or not. I preferred to do things myself. It does not take me more than 15 min every weekend to process this data. This activity and subsequent results gives me a lot of satisfaction.

2. The overall reduction in XIRR is couple of % points. When the XIRR of pf is 80%+, I don’t mind losing some to DP charges or STT.

3. I follow different rebalancing strategy for different market caps. For this and the microcap pf, I do weekly. For midcap, it is 15 days and for Nifty 50 / Next 50, I do it monthly.
   I believe 3 months is too long even for a large cap pf.
   Churn costs will come down, but I guess the risks will be a lot higher.

We are looking at creating a pf that is system driven without any discretion. Therefore, if we keep a rebalancing frequency that is distant, you might be tempted to rebalance using discretion.