Top 5 Momentum SmallCases for June 2024: A Comprehensive Comparison

MomentumLab has analyzed the performance of various SmallCases for June 2024, providing a detailed comparison to help you make informed investment decisions. Here’s a concise breakdown of our findings.

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Disclaimer: The content here is for informational purposes only and not a substitute for professional financial advice. Always conduct your own research or consult a financial advisor before making investment decisions.

Why This Analysis?

Unlike mutual funds, there are limited tools for comparing SmallCases directly. We aim to fill this gap with a systematic analysis of momentum strategies.

Our Ranking Methodology:

1. Selection: We began with 39 listed momentum strategies on SmallCase.
2. Filtering: We shortlisted those with over 3 years of operation.
3. CAGR Comparison: Strategies with a CAGR below the NIFTY 50 index over 3 years were eliminated.
4. Performance Check: Only those outperforming the NIFTY 200 Momentum 30 index over 3 years were considered.
5. Ranking: We sorted the remaining strategies by Sharpe Ratio, ranking them from highest to lowest.

Benchmark Performance for June 2024:

• UTI NIFTY 200 Momentum 30 Index
• Nippon NIFTY BeES

Key Insights from June 2024:

• Additional Outperformers: One more SmallCase outperformed the NIFTY MOMO 30, increasing the total to 6.
• Overall Growth: Three more SmallCases surpassed the NIFTY 50, bringing the total to 15

?? Important Links

• YouTube: MomentumLab_IN
• Twitter: MomentumLab_IN

Disclaimer: We are not SEBI registered advisors. This content is for educational purposes only and should not be treated as investment advice. Please do your own analysis or seek professional financial advice before making any investments. Past performance is not indicative of future returns.