So actually you don’t need a licence to create and Market these strategies. I am using this only for myself. There are softwares and some website like Algotest and Quantman, where you can create the strategies and deploy then directly into your trading account. The money stays with you only.

So you can’t completely avoid this. Even my Algo couldn’t survive in Sept2023 when the option movement was pathetic and fat finger trades were just adding to the problem. That’s when I realised even my option strategies which have a stop loss, should have a hedge. Hedging is the only way you can avoid this.

Nothing much to report since nothing untoward happened in the last 2 weeks. Thus the portfolio remains unchanged. Am putting up my portfolio here again since its been a while. As you can see if you go back to the first post, just the 1 change ( RHIM swapped with MRPL ). Also I updated the prices for Motilal Oswal since they had a bonus issue.

Portfolio start date → Jan 23, 2024
Total returns → 37.5%

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Discl: The list is only for information and education purpose.
I may have investments from lower level in some of the stocks mentioned in this article. I may be biased. it is not a buy sell recommendation. Pl do your own assessment before buying selling.

I will be completing 9 years in the fund with 21% XIRR. Abhishek singh of DSP who’s views I closely follow posted a very powerful tweet sometime back which I can completely relate to, especially after witnessing this particular investing outcome

When most of the literature focuses on “selecting” mutual fund scheme, what scheme one selects is not an important variable in our investment outcome. As Abhishek Singh highlights its not even in top 5

Following are top 5 factors according to me which decide mutual fund investment outcome

1. Not being pro cyclical

2. Disciplined contribution

3. Decisions taken during underperformance of the scheme

4. Decisions taken during market correction

5. Time horizon