STABLEGROW

FUND

FINAL REPORT

Group 3
Priyanshi Shah (J026)
Shashank Jain (G009)
Sidharth Sharma (G036)
Sonal Bajoriya (G043)
Utkarsh Bhargava (G052)
 FUND MANAGEMENT REPORT

We, at StableGrow, had adopted CANSLIM strategy in order to construct our portfolio. The
benchmark index for our portfolio is NIFTY 500. The overall performance of the fund over
the last 10-weeks can be summarized as below:

1. Total returns net of asset management fees received and paid:

Assets under Management: ₹ 76,08,443.48 (1.45% gain)

Total Transaction Cost: ₹ 14,506.88

➢ Standard Deviation and Beta of our portfolio

The standard deviation for our portfolio is 1.35% for the period and the weighted Beta is
0.997.

➢ Up Capture Ratio

The portfolio return is 0.82% and the average market return is 0.74%. The Up capture ratio
is 1.11 (111%). Hence, our portfolio has outperformed the market by 11% when market is
Bullish.
➢ Down Capture Ratio

The portfolio return is -1.33% and the average market return is -0.6%. The down capture
ratio is 2.21. The capture Ratio comes out to be 0.5. Hence, our portfolio has declined by
221% as much as the index during the period

2. Daily returns on portfolio

The daily
Portfolio Value (in 000's)
8000.00
returns of
7900.00
the portfolio
7800.00
were
7700.00
calculated
by finding 7600.00

the 7500.00

percentage 7400.00
gain/loss of 7300.00
the portfolio 7200.00
on day-to- 7100.00
27-07-2021
09-07-2021
11-07-2021
13-07-2021
15-07-2021
17-07-2021
19-07-2021
21-07-2021
23-07-2021
25-07-2021

29-07-2021
31-07-2021
02-08-2021
04-08-2021
06-08-2021
08-08-2021
10-08-2021
12-08-2021

day basis.
3. Gaining/Losing Stocks

The top performer was Angel Broking with a gain of 28.06%. The worst performer was
Polycab with a loss of -6.96%.

Sectoral Performance

➢ Sectors that
performed well:
Power, Wooden
Panel, Financial
Services, Specialty
Chemicals,
Automobile and IT
➢ Sectors that did not
perform well: Cable,
Manufacturing and
Logistics

Reasons for our Success:

➢ Picked stocks that have a proven track record and have shown immense future prospect
in terms of fundamental research and growth both as an industry and the company in
the industry.
➢ Our stock selection and investment philosophy were in sync for most of the time barring
one or two instances. We had initially thought of covering a certain number of sectors
and we were successful in covering a wide range.

However, the fund could have performed better if we would have been careful of the
below mentioned points:

➢ We had a rebalancing bias in the first round and took a few hasty decisions which could
have been avoided.
➢ In the portfolio construction, just to have a mix of different companies we overlooked
CANSLIM approach which could have been avoided altogether and the number of
transactions could have been lesser to decrease the churn rate.
➢ We could have added all the companies in our portfolio in the first round itself instead
of waiting for the first rebalancing because these companies met all of our investment
criteria initially.