We introduced the All Star Portfolio back in August last year. While the backtest looked attractive, the proof, after all, is in the pudding.
Its been 8-months and we thought we’d give you a quick update.
Being a 25-stock portfolio, we expect it to be a lot more volatile than a 50-stock or a 100-stock index. However, we try and put a floor on the drawdowns during severe market corrections by going into cash once trailing stop-losses are hit and there are no viable stocks to fill all the 25 slots.
So far, drawdowns have maxed-out at 6%
With returns keeping pace with the indices with minimum churn.
Metrics
Its too soon to generalize performance metrics at this point. The portfolio should age at least a year before these numbers start to reflect the underlying reality. Just leaving it out here as a snapshot for comparing at a later date.
Subscribe to All Star!
With a paid subscription to FreeFloat, you will be emailed changes to the All Star Portfolio as and when they occur.
A full year subscription will run you Rs. 5000/-. Please do an account transfer if the Substack payment gateway is not working for you.
Flameback Capital Private Limited
Account ID : 004705011367
IFSC Code: ICIC0000047
Email: kishan@flamebackcapital.com
Phone: 984502921
Post transfer, send us the details and we’ll send you an invoice and add you on the subscribers list.
Managed Portfolios
Some investors prefer a more comprehensive investment management service that automatically takes care of rebalancing, payments and broker-links. They would rather have us decide on allocation and the appropriate factor(s) to be exposed to given the prevailing market environment. For such investors, we have rolled out FreeFloat Managed Portfolios. Please check it out!