@ChaitanyaC In momentum fund…which is quantitative momentum, there is no place for fundamentals or any business analysis or story. First of all, Momentum is a very broad term. What Mark Minervini does or what Stan Weinstein does or what William Oneil does are all different forms of momentum. In case of William O’neil and Minervini , they give importance to fundamentals, earnings, sales etc while focusing on price momentum.
But in case of quant momentum, its completely price based, ranking momentum. So if you read their Fund prospectus, it clearly mentions that they follow particular Index of nifty, no consideration for business analysis.
Also there are no stop-losses in this sytem. Till the stock is in the rank list, and doesnot cross worst held rank, it will be in portfolio. Once it goes down in the ranking , it will be dropped.
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