IPL Flavored Portfolio

Know how smallcase Manager   Alok Jain picks his  Dream XI stocks

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1. Like winning the toss at the start of the match, should subscriptions nos. be one of the factors for selecting IPO?

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In the markets context, winning the toss aka gathering subscription can be great for promoters and the exiting investors for sure. For retail, it can be a mixed bag depending on the prevailing market conditions. If the bull market winds are blowing, then even the retailer can hit a sixer despite the high subscription numbers resulting in low allocation and higher open prices

2. What is your selection criteria for building a portfolio; do you believe in past performance or pedigree of a player?

As momentum investors, we play as per our non-discretionary rule book. The main 4 rules for us are : What to buy When to Buy How much to Buy When to Sell

3. Do you select a specialist or an all-rounder for your portfolio/strategy and why?

Since we do not follow any prediction or forecast, we will follow the current form of any player. If any player is doing well, we will back him and  allow him to play the entire match till the time he stops performing. Let  your winners run is ingrained in our DNA.

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