{"id":204,"date":"2024-07-29T06:42:29","date_gmt":"2024-07-29T06:42:29","guid":{"rendered":"https:\/\/www.maxiompms.com\/?p=204"},"modified":"2026-03-02T19:19:35","modified_gmt":"2026-03-02T19:19:35","slug":"maxiom-wealth-equity-advisory-report-q2-fy-2020-2021-quarterly-results","status":"publish","type":"post","link":"https:\/\/maxiomassetmanagement.com\/blog\/maxiom-wealth-equity-advisory-report-q2-fy-2020-2021-quarterly-results\/","title":{"rendered":"Maxiom Wealth Equity Advisory Report Q2 FY 2020-2021 Quarterly Results"},"content":{"rendered":"\n

Maxiom Wealth Equity Advisory Report FY 2020-2021 : <\/strong>The July-September Quarter ( of Maxiom Wealth Equity Advisory Report FY 2020-2021) has seen significant pickup in economic activity globally and in India. Continuing into October and November there has been an improvement in India\u2019s economic activity indicators partly driven by the festive season.<\/p>\n\n\n\n

Broad economic indicators such as Manufacturing PMI, Electricity demand, goods movement by Railways, Gross GST collections, have all improved. Other indicators like retail e-transactions show that consumption across the country is increasing. Passenger vehicle sales and tractor sales showed significant growth. Covid-19 unlocking has happened and while 2nd and 3rd waves may come, the \u2018expectations\u2019 about the worst are discounted.<\/p>\n\n\n\n

Markets turned bullish in October and November touching an all-time high. Nifty 50 TRI index rose from 15268.2 to 16227.1, an increase of 12.38% (time period from end August 2020 to 21-Nov-2020). Total Returns Index captures dividends as well. Large midcap<\/a> TRI of top 250 companies rose from 7324.2 to 8223.6 i.e. 12.3% growth. The Jama Wealth Equity model portfolio<\/a> grew by 12.85% in the same period. Our cumulative performance since inception (22-Aug-2019 to 21 Nov 2020) has been 52.56% vs Nifty TRI at 21.21% and Nifty Large-Midcap TRI at 23.97%<\/p>\n\n\n\n

Outlook: With the growth, core inflation is inching up; food inflation has been higher given the incessant rains that battered many parts of the country. Interest rates are stable and likely to remain so. This augurs well for the NBFC and housing sector, paints etc and consumption in general. Post moratorium truth on BFSI NPAs will be clearer by January. With this and the markets at all time highs, we are retaining cash allocation at 20%. As the adage goes, investing<\/a> is more about patience and controlling our emotions.<\/p>\n\n\n\n\n

\n

Maxiom Asset Management \u2014 PMS<\/p>\n

Market Shifts Create Opportunities for the Prepared Investor<\/h3>\n

Maxiom Asset Management’s GEM PMS (Quality-Momentum) and Jewel PMS (Large & Midcap) strategies are built to outperform through market cycles \u2014 with institutional-grade research from our ex-ICICI CIO team.<\/p>\n Explore GEM PMS \u2192<\/a>\n Talk to Our Portfolio Team<\/a>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

Maxiom Wealth Equity Advisory Report FY 2020-2021 : The July-September Quarter ( of Maxiom Wealth Equity Advisory Report FY 2020-2021) has seen significant pickup in economic activity globally and in India. Continuing into October and November there has been an improvement in India\u2019s economic activity indicators partly driven by the festive season. Broad economic indicators such… Read More »Maxiom Wealth Equity Advisory Report Q2 FY 2020-2021 Quarterly Results<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":873,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":["post-204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-outlook"],"_links":{"self":[{"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/posts\/204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/comments?post=204"}],"version-history":[{"count":3,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/posts\/204\/revisions"}],"predecessor-version":[{"id":1158,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/posts\/204\/revisions\/1158"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/media\/873"}],"wp:attachment":[{"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/media?parent=204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/categories?post=204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomassetmanagement.com\/blog\/wp-json\/wp\/v2\/tags?post=204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}