Last Updated on: 05 Mar 2023

BM Vision 2030 Smallcase

This portfolio will participate in the megatrends that have and will
emerge over the next decade.

Past 9M Returns
High Volatility
22.94% Since: June 20, 2022

smallcase rationale
This portfolio will participate in the megatrends that have and will emerge over
the next decade. We do not want to buy cheap stocks but buy stocks that will
become cheap due to growth in the underlying business.

We will completely avoid absolute illiquid small caps which have entry and exit
issues. Those stocks are like Abhimanyu easy to get in and almost impossible to
exit.

A concentrated portfolio of 12 stocks is enough to beat the underlying bench mark

(Nifty 50).

We will invest across sectors and market caps. Weightage will be 50% above or
below the simple formula (100/No. of stocks).

So if we have 12 stocks:

•  the maximum weightage will be 50% above 100/12 = 8.33% = 12.50%

•  the minimum weightage will be 50% below 100/12 = 8.33% = 4.17%

Created by
SEBI Reg. Number Subscription Type
Basant Maheshwari
INP000004946 Paid
Investing

Invest in this smallcase here

Methodology

De ining the universe

All publicly traded companies on the National Stock Exchange of
India are included in the universe

Research
The team does in-depth research to decide the criteria to be used
for constituent screening

Constituent Screening
The research team does individual stock picking after going
through company reports and inancials and decides on a host of
qualitative and quantitative parameters to be considered while
screening stocks for the respective strategy

Weighting
We will invest across sectors and market caps. Weightage will be
50% above or below the simple formula (100/No. of stocks).

So if we have 12 stocks:

•  the maximum weightage will be 50% above 100/12 = 8.33% =

12.50%

•  the minimum weightage will be 50% below 100/12 = 8.33% =

4.17%

Rebalance
This smallcase will be rebalanced on an as-needed basis

Ratios

Ratio smallcase Equity Multi Cap

PE Ratio 57.25 24.12

PB Ratio 8.36 3.31

Sharpe Ratio — 1.16

Dividend Yield (%) 0.85 1.37

Important Fields
Inception Date Launch Date Marketcap Category
May 20, 2022 June 20, 2022 Equity Multi Cap

Review Frequency Last Reviewed Next Review On

Need Basis February 15, 2023 To Be Decided

Market Cap Distribution

Large Cap Mid Cap Small Cap

46.77% 22.76% 30.47%

Live Data Comparison with Equity Multi Cap

BM Vision 2030 Smallcase with Equity Multi Cap

130

125

120

115

110

105

100
July August September October November December 2023 February March

The performance graphs & numbers are calculated using only the live data and
includes rebalances. Past performance doesn't include cost or guarantee future
returns.

Backtested Data Comparison with Equity Multi Cap

BM Vision 2030 Smallcase with Equity Multi Cap

101

100

99

98

97

96

95

May 22 May 29 Jun 05 Jun 12

The performance graphs & numbers are calculated using only the backtested
data. Past performance doesn't include cost or guarantee future returns.

Returns over various periods

1M Returns 3M Returns 6M Returns

smallcase smallcase smallcase

1.38% -5.18% -2.1%

Equity Multi … Equity Multi … Equity Multi …

-2.51% -8.64% -4.74%

Pricing Plans

Subscription Fee  

2.5% of your investment value* + ₹ 3,688 advance fee

on an annualised basis deducted at the One-time charge to start subscription

end of monthly subscription

*Excludes 18% GST chargeable on monthly fee, if applicable

How to subscribe

How to invest

De initions and Disclosures

CAGR

CAGR (compounded annual growth rate) is a useful measure of growth or

performance of a portfolio. Every year returns generated by a portfolio are
different. Let's say if a portfolio is live for 3 years and returns generated by the
portfolio are 5%, 15% & -7%, respectively in the irst, second and third year. Then
we calculate CAGR as a return number that would give the same terminal
investment value at the end of three years, as we get when the portfolio gains by
5% & 15% in the irst two years and drops by 7% in the third year. The CAGR in this
case would be 3.94%. This means that you will always end up with the same
investment value at the end of the third year, if your portfolio gains by 3.94% every
year or 5%, 15% and -7%, respectively in the irst, second and third year.
In simple words, it indicates the annual return generated by the smallcase from
the date of launch. For smallcases live for less than 1 year, absolute returns in the
applicable time period are shown. Only live data is considered for all calculations.
Returns and CAGR numbers don’t include backtested data.
P.S. - CAGR calculation methodology got updated from 25th Apr’22 on all
smallcase Platforms. Please read this post to understand the changes in detail

Volatility Label

Changing stock prices on a daily basis results in luctuating investment value of

your portfolio. If the daily change in the investment value of a portfolio is too
drastic, it means prices of stocks in the portfolio are changing very rapidly. Such
portfolios have High Volatility. Every smallcase is categorized into one of the three
volatility buckets - High Volatility, Medium Volatility and Low Volatility. This is done
by comparing smallcase volatility vs broader market volatility.
Investing in High Volatility smallcases means that change in your investment
values can be very sudden and drastic. Following table represents the logic
followed to categorize smallcases into various volatility buckets

Volatility Ratio (VR) Label

VR >= 1.3 High Volatility

0.8 <=VR< 1.3 Medium Volatility

VR < 0.8 Low Volatility

Volatility Ratio = Average annual rolling standard deviation of the smallcase

divided by the average annual rolling standard deviation of the Nifty 50 Index,
since launch of the smallcase.

Calculation of Volatility if the smallcase is less than 1 year old

If the weight of Equities in the portfolio is less than 40%, the smallcase will
be considered ‘Low Volatility’

If the weight of Equities in the portfolio is between 40% to 70%, the

smallcase will be considered ‘Medium Volatility’

If the weight of Equities in the portfolio is greater than 70%, then the weight
of large-cap stocks within the equities portion is taken into consideration

If the weight of large-cap stocks is more than 70%, the smallcase is

considered as ‘Medium Volatility’

If the weight of large-cap stocks is less than 70%, the smallcase is

considered as ‘High Volatility’

For smallcases where manager has not prescribed any weights, equal weights are
assumed for calculations.

Segment

Stocks/ETFs belonging to a smallcase are categorized under different segments.

Weightage of a segment is calculated as sum of weights of all stocks belonging to
that segment. Suppose 4 stocks, with each having a weight of 10%, belong to the
Food Products segment. Then the weight of the Food Product segment in the
smallcase will be 40% (4*10)

For smallcases where manager has not prescribed any weights, equal weights are
assumed for calculations.

Review

Rebalancing is the process of periodically reviewing and updating the

constituents of a smallcase. This is done to ensure that constituents in the
smallcase continue to re lect the underlying theme or strategy

Market Cap Categorization of Stocks

All the stocks listed on NSE(National Stock Exchange) are arranged in decreasing
order of Market Cap, so that the stock with the largest market cap gets 1st Rank.
Stocks ranked equal to or below 100 are categorized as Large Cap. Stocks ranked
below or equal to 250, but ranked above 100 are categorized as Mid Cap stocks.
Stocks ranked above 250 are categorized as smallcap

Market Cap Categorization of smallcases

If the sum of weights of constituent large cap stocks is greater than 50%,
then smallcase is categorized as Largecap

If the sum of weights of constituent mid cap stocks is greater than 50%, then
smallcase is categorized as Midcap

If the sum of weights of constituent small cap stocks is greater than 50%,
then smallcase is categorized as Smallcap

If the sum of weights of constituent large cap stocks is greater than 30%,
sum of weights of mid cap stocks are greater than 30%, and sum of weights
of large cap and mid cap stocks are greater than 80%, then smallcase is
categorized as Large & Midcap

If the sum of weights of constituent small cap stocks is greater than 30%,
sum of weights of mid cap stocks are greater than 30%, and sum of weights
of small cap and mid cap stocks are greater than 80%, then smallcase is
categorized as Mid & Smallcap

If none of the above conditions are met, then smallcase is categorized as

Multicap

Marketcap category of a smallcase might be different from the above

mentioned, if the creator/manager of the smallcase speci ically de ines a
particular category

For smallcases where manager has not prescribed any weights, equal weights are
assumed for calculations.

General Investment Disclosure

Charts and performance numbers on the platform do not include any backtested
data. Please refer to the Returns Calculation Methodology to check how returns are
calculated on the platform. Data used for calculation of historical returns and
other information is provided by exchange approved third party data vendors and
has neither been audited nor validated by the Company. For smallcases where
weights are not provided by the creator, Equal weights are used to calculate all
returns, numbers and ratios on the platform.
Smallcase factsheets might include strategy backtest, if provided by the creator
of the smallcase. This is included to help users analyze performance of the
smallcase across different economic cycles and long time horizons. STPL has not
veri ied the backtest performed by the manager. We make no representations or
warranties (expressed or implied) to any recipient on the contents of the backtest.
Any information included in the backtest, should never be construed as our
representation or endorsement for the same. STPL is not involved in the generation
of the backtest and are not responsible for the contents of the same, nor do we
verify the accuracy of the same. We do not have control over the backtest
performed by the creator/manager of the smallcase and neither do we play a
determinative role in any calculation of the same.
"Back-testing" is the application of a quantitative model to historical market data
to generate hypothetical performance during a prior period. Use of back-tested
data has inherent limitations including the following:

a. The results do not re lect the results of actual trading or the effect of material
economic and market conditions on the decision-making process, but were
achieved by means of retrospective application, which may have been
designed with the bene it of hindsight.

b. Calculation of such back-tested performance data is based on assumptions

integral to the model which may or may not be testable and are therefore
subject to losses.

c. Actual performance may differ signi icantly from back-tested performance.

Back-tested results are not adjusted to re lect the reinvestment of dividends
and other income and, except where otherwise indicated, do not include the
effect of back-tested transaction costs.

d. Back-tested returns do not represent actual returns and should not be

interpreted as an indication of such.

e. Please note that past performance does not guarantee future returns.
All information present in this document and related material is to help investors
in their decision making process and shall not be considered as a
recommendation or solicitation of an investment or investment strategy. Investors
are responsible for their investment decisions and are responsible to validate all
the information used to make the investment decision. Investor should understand
that his/her investment decision is based on personal investment needs and risk
tolerance, and information available in this document and related material is one
among many other things that should be considered while making an investment
decision.
Stock and ETF investments are subject to market risks, read all related documents
carefully. Investors should consult their inancial advisors if in doubt about
whether the product is suitable for them.

Basant Maheshwari Investing Disclosures

Scope of Services to be provided by the Advisor will be limited/ subject to the

Advisory services which are permitted activity under SEBI (Investment Advisers)
Regulations, 2013 including guidelines issued by SEBI and the Advisor shall act in
a iduciary capacity.
 The Scope of Services covered is as follows:
a)      Advise the Client regarding the Securities to be purchased or sold or
Investments to be made as per the applicable law for the time being in force and
Investment Pattern applicable to class of investor; b
b) Review, evaluate, structure and monitor Investments so as to achieve the
Client's objectives;
Basant Maheshwari Wealth Advisers LLP for its own proprietary purposes may
invest / divest in various securities / investments, from time to time at its own
discretion. Such proprietary investment transactions may at times be contrary to
the investment advice. Basant Maheshwari Wealth Advisers LLP does not
recommend services of any stock broker or intermediary to a client. Basant
Maheshwari Wealth Advisers LLP does not have any commission sharing
agreement with any intermediary for recommending the services either as a stock
broker or as other intermediary. Basant Maheshwari Wealth Advisers LLP does not
have Actual or potential con lict of interest arising from any connection to or
association with any issuer of products/ securities, including any material
information or facts that might compromise its objectivity or independence in the
carrying on of investment advisory services Disclosure of all material facts relating
to the key features of the products or securities, particularly, performance track
record, warnings, disclaimers etc. Clients are requested to go through the
detailed key features, performance track record of the product, or security
including warnings, disclaimers etc. before investing as and when provided by the
Investment Advisor. The Principal O icer and the persons associated with
investment advice may have holding or position in the inancial products or
securities which are subject matter of advice.

Please visit Basant Maheshwari Investing for detailed disclosures, terms and conditions.