Same 40 stocks. Three ways to hold them.
One equity sleeve from the Nifty LargeMidCap 250, rebalanced every two weeks. The only thing that changes down the cards is the buffer sitting next to it. The last column is how many points of the five year return went to trading friction.
| Card |
CAGR |
Max fall |
5Y cost |
| Large Midcap . pure equity | 40.85 | -19.30 | 67.22 |
| Large Mid Hybrid . the card | 35.99 | -18.30 | 53.84 |
| Large Mid Multi Asset . debt plus gold | 37.12 | -17.61 | 53.84 |
| Nifty 50 . benchmark | 10.44 | -16.92 | . |
The pure equity card trades the whole book every fortnight and pays for every rupee of it. Park a fifth in Liquidcase and that fifth stops trading, so cost drops from 67.22 to 53.84, a 13.38 point saving. The fall gets shallower in the same move. One sleeve. Two jobs.