Hello Sir,

Hope you are doing well.

Today, we would like to share with you our Performance update as on 15th Mar'23.

We started providing stock research in 2011 and you can access all the recommendations and their performance by Clicking HERE

In 2018, we decided to start maintaining a Tracker Sheet. The purpose of the same was:

  • to share with our Premium Members as to how we would act on our research recommendations and
  • to compare our performance with benchmark indices on portfolio basis

We started maintaining the tracker sheet with a hypothetical amount of Rs 50 lakhs on 15th Aug'18. The value of the same on 15th Mar'23 was Rs 1.10 crore. It's been 4 + years and below is the complete snapshot of the performance against benchmark indices.

Key Highlights

  • 120.7% absolute return against 21% to 56% for benchmark indices in 4 years 7 months
  • 19% CAGR since 15th Aug'18 against 4% to 11% for indices
  • 44% CAGR for last 3 years (low base effect as markets were down in Mar'20 due to Covid-19)
  • -2.3% return in last 1 year vs 1.8% by NIFTY

We believe, it's one thing to say that we delivered ~19% CAGR over 4.58 years but completely different living through the roller coaster ride. This roller coaster ride is what makes stock investing interesting and difficult. It makes investors flip in-flip out and miss out on gains.

What all did we have to live through over the last 4.58 years?

  • Major bear market for small-mid cap stocks from early 2018 till mid 2020
  • Under-performance in comparison to NIFTY 50 for almost 2 years from Aug'18 till Jul'20
  • Gut wrenching 30-35% fall in month in Mar'20
  • -2% return in the last 12 months and down 15% from the peak

What were the major events of the last few years?

  • ILFS debt crisis in 2018
  • Covid-19 first lockdown in Mar'20
  • Covid-19 second lockdown in Apr'21
  • Ukraine-Russia war
  • Record inflation
  • Ongoing Banking crisis in US

Despite all the above, the overall value is still up 121% with 19% CAGR. No wonder, equity investing isn't as easy as it seems. Yet, it still remains one of the best asset classes for long term wealth creation.

Going forward, we believe 2023 may turn out similar to 2019. This means, it's a great period for building portfolio, accumulating stocks for investors with 3-4 years investment horizon. However, it may not turn out to be good for short term investors with 6-12 months horizon.

*It's important to note here that we maintain tracker sheet only for the purpose of reference. Our members are free to act on our research based on their own conviction or the suggestion of their investment advisor.




Best Regards,

Ekansh Mittal
Research Analyst
Web: https://www.katalystwealth.com/


SEBI Research Analyst Registration No. INH100001690
Research Analyst Details

Name: Ekansh Mittal     Email Id: [email protected]    Ph: +91 727 5050062

Details of Associate: Not Applicable

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Disclaimer: http://www.katalystwealth.com (here in referred to as Katalyst Wealth) is the domain owned by Ekansh Mittal. Mr. Ekansh Mittal is the sole proprietor of Mittal Consulting and offers independent equity research services to investors on subscription basis. SEBI (Research Analyst) Regulations 2014, Registration No. INH100001690

The views expressed are based solely on information available publicly and believed to be true. Investors are advised to independently evaluate the market conditions/risks involved before making any investment decision

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The recipients of this report should rely on their own investigations. Ekansh Mittal/Mittal Consulting and/or its affiliates and/or employees may have interests/ positions, financial or otherwise in the securities mentioned in this report. Mittal Consulting has incorporated adequate disclosures in this document. This should, however, not be treated as endorsement of the views expressed in the report.

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Disclaimer: You can access it here - LINK