@Raghul_Kuduva , Thank you very much for directing me to Momentum Lab. I saw most of their videos in last 2-3 days. Awesome work they have done. After their recent Backtesting, specially for 10 year rolling return data, its now beyond doubt that doing DIY momentum strategy for Nifty 200 is not at all worthwhile, since it hardly creates 1% alpha compared to respective mutual fund. For the strategy to be viable, we need atleast 4-5% alpha , considering the increased STCG taxes and transaction costs, not to mention the stress developed due to frequent monitoring and trading. So I have come to the conclusion that I will keep invested in UTI Nifty 200 momentum 30 and TATA Midcap 150 momentum 50 Index funds.
DIY strategy I will restrict to small cap 250 and microcap 250 universe.
If you have any source for checking backtesting data for these universes, pls direct me to this.
For making big money, in our Compounding equation
A = P ( 1 + R) ^N… We focus too much on R, completely ignoring N= no of years. Warren Buffet and Charlie Munger reminds us that. So to increase our N, Life span, we need to adopt an investment strategy, which will create less stress and help in living a long life.
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