Thank you Note for 2023
What a Rally in Equity Market and sweet end of 2023 !!!
Maa Laxmi has been very kind to all of us in our investing journey in the last few years.
To start with, we had the maximum exposure in Small Cap Index from 2017-18 and increased allocation in below sectors from March 2020 when Covid Lockdown was announced.
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Small CAP
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Mid CAP
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Infrastructure
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Capital Goods including real estate
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Commodities / Metals
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Highly bullish on PSU from 2021 (Post Budget)
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And ultra bearish on technology from Jan 2022.
Our aim from Equity Market was to buy in Lump Sum whenever Nifty went below 17000 and continue with SIPs. Luckily, I was able to add 4 installments out of 5 planned for Lump Sum and same was the status of our Ultra Bullish investors. We bought the fear at right time and got rewarded very well however, missed to add in Lump sum in May / June 2023 this year which was a miss at our end. All the bad news were absorbed by the Market from Covid - 2 to Ukraine war, Adani Saga etc.
And credit for this Crazy Rally goes to all of you who continued to buy and pushed DIIs giving upper hand against FIIs.
Our Investing Community is way ahead on targets when we assrued that we aim to get 15% and anything above would be extra bonus. Investors with high Risk are currently sitting at 30%+ CAGR return and moderate risk are at 22%+ CAGR from last 5 years and low Risk around 12% to 15%.
Thank you again for your Trust and belief in us. We will continue to serve our Investing community and make more awareness on Financial journey for our fellow Bhartiya's.
Wish you a very happy and prosperous English New Year 2024. An year, which would be known as Year of Protection and volatility !!!
