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Rebalance Update - September 2021

Find out more about the updates in the Wright portfolios in September 21

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Find out more about the updates in the Wright portfolios in September 21

Rebalancing after a tough month!

Last monthwas challenging for high beta stocks especially smallcaps & metals.
How to rebalance your portfolio to save costs!
How to rebalance your portfolio to save costs!
This obviously led to underperformance for our smallcaps portfolio and volatility in momentum & multi-factor portfolios that have metals and midcap exposure. The reason for this volatility was the expectation of tapering in the FED August meeting. Fortunately, the taper did not happen. As a result, we are seeing an end to the short-term correction and recovering the portfolio performances. In light of this, low volatility stocks like SRF, DMart Mindtree, and HDFC Bank are added to the multifactor portfolios in this month's rebalance. Likewise, in Momentum, Navin Fluorine, Mindtree, Infosys, Tata steel have been added. More details are there in the rebalancing email. So the new allocation looks like this:
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How to rebalance your portfolio to save costs!

Because we rebalance our smallcase portfolio a day before the actual rebalance goes out, sometimes orders are generated for stocks for which we actually did not intend to generate trades. This is because of price fluctuations, and this causes unnecessary transaction costs. Know how you can customize your rebalance update to reduce these unnecessary costs.
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Wryght Research & Capital Pvt (Brand name: Wright Research) is a SEBI Registered Portfolio Manager Reg No: INP000007979 (Validity: Apr 03, 2023 – Perpetual) and a SEBI Registered Research Analyst No: INH000017295 (Validity: Jul 03, 2024 – Perpetual), with its registered office at 103, Shagun Vatika Prag Narayan Road, Lucknow, UP, 226001 India and CIN: U67100UP2019PTC123244. Past performance may or may not be sustained in future. Performance provided there in is not verified by SEBI. Investment in securities is subject to market and other risks, and there is no assurance or guarantee that the objectives of any of the strategies of the Portfolio Management Services will be achieved. Registration granted by SEBI, enlistment as RA with Exchange and certification from National Institute of Securities Markets (NISM) in no way guarantee performance of the intermediary or provide any assurance of returns to investors. Please read the Disclosure document carefully before investing. Securities quoted are for illustration only and are not recommendatory. Charts shown are for illustration only. For more information and disclosures, visit our disclosures page here.

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Sonam Srivastava
About the author
Sonam Srivastava
Founder, CEO | Wright Research, Wright Research

I am passionate about building a scalable quant business.

Wright PMS · Portfolio Management Service

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