An update on the Q30 quant strategy performance
** Assuming an investment of 10 lakhs divided into 3 buckets.
I invest in Q30 in a rotating quarterly manner. That means the stock-basket invested in month 1 (M1) gets sold in month 4 (M4). Basically, I buy each basket recommended by the strategy every month and hold for 3 months. So, the stocks I bought in April, I will sell in July and buy a new lot of stocks.
This strategy is a growth+momemtum+trend following approach. The objective is to catch short term spurts in stock price movement. I have put 10 stocks in the monthly basket to diversify as much as possible. This kind of strategy will perform very well in an uptrending / bull market.
The complementary strategy to this is a mean reversion one, which I am investing now also but the strategy is not fully developed as yet. Once I am able to get it up and running, it should be a complete basket of quant strategies.