India Swing Portfolio

Return since inception+0.04%
NIFTY 50-1.11%Alpha +1.15%
NIFTY200 Momentum 30-0.57%Alpha +0.61%
Inception 19 Oct 2026 · as of close 19 Oct 2026
Portfolio vs benchmarks · last 3 monthsNIFTY 50NIFTY200 Momentum 30Portfolio
+4.4%-2.1%-8.6%Inception · 19 Oct17 Jul19 Oct
Returnsas of 19 Oct1D1W1M3MSince inceptionSince incep.
Portfolio+0.04%–––+0.04%
NIFTY 50-1.11%–––-1.11%
NIFTY200 Momentum 30-0.57%–––-0.57%
Alpha vs NIFTY 50+1.15%–––+1.15%
Alpha vs Momentum 30+0.61%–––+0.61%

– not enough history yet

Our view todayNIFTY rose about 2.8% last week and closed above its short-term average. The rise was narrow. Most of the stocks we follow are still close to their lows for the past two months, and several made new lows while the index went up. We only buy where a stock has fallen to a clear floor, held it on lighter selling, and lets us set an exit point not far below. This week we are watching whether the index can hold above its recent average, and how results from companies such as AU Small Finance Bank and CG Power are received. If more stocks start to hold their lows, we will put more money to work.

Day by day vs benchmarks

Beat NIFTY 50 on 1 of 1 days · Momentum 30 on 1 of 1

DayPortfolioNIFTY 50N50Momentum 30Mom. 30Alpha vs NIFTY 50N50Alpha vs Momentum 30Mom. 30
19 Oct+0.04%-1.11%-0.57%+1.15%+0.61%

Alpha = portfolio return − benchmark return. Includes what cash earns in LIQUIDCASE.

Holdings

2 stocks · 99.0% in LIQUIDCASE
GI
GICRE
0.7%of portfolio
+1.72%since 19 Oct
Bought around 320Now 326.10Held 0 days
Why we own it

We own GIC Re because it held its low near 310 several times and has since been making steadily higher lows, doing better than the market. It is behaving well so far.

360335310bought around 32017 Jul19 Oct
IR
IREDA
0.3%of portfolio
-0.76%since 19 Oct
Bought around 107Now 106.41Held 0 days
Why we own it

We own IREDA because selling dried up at its yearly low near 103 and buyers have been stronger than sellers since. It is holding its recent gains quietly.

123113104bought around 10717 Jul19 Oct

Cash

always kept in a liquid ETF
₹
LIQUIDCASE
99.0%of portfolio
+0.03%since 19 Oct
Last 12 months +4.92%Moved into stocks when we buy
Why we hold it

Money we have not put into stocks is never left idle. It sits in a liquid ETF that earns the overnight lending rate, can be sold the same day, and carries very little price risk. Its return is counted in the portfolio's return.

Price levels we are watching

stocks we would like to own at these prices
AB
ABBnew today
6,800our level
Why we are watching

ABB has made a higher low after testing its support, and buying has outweighed selling over the past month while the long-term trend is still up. We want to buy near 6,800.

CG
CGPOWERnew today
840our level
Why we are watching

CG Power briefly broke below its two-month floor on 16 October and then closed sharply higher on heavy trading, a sign that buyers absorbed the selling. We want to buy on a small dip near 840.

GR
GRASIMnew today
2,900our level
Why we are watching

Grasim has held a floor near 2,850 for two weeks on very light selling, and its promoter group has been buying shares in the market. We want to buy near 2,900.

EI
EICHERMOT
7,050our level
Why we are watching

Our earlier plan for Eicher Motors is unchanged and nothing new argues against it.

HI
HINDALCO
890our level
SB
SBIN
955–965our level
Why we are watching

State Bank has held the 935 level three times with large buyers seen near the lows.

Latest moves

All updates →
Monday, 19 October 2026
  • GI
    GICRE
    Boughtaround 320
    Why

    We own GIC Re because it held its low near 310 several times and has since been making steadily higher lows, doing better than the market. It is behaving well so far.

  • IR
    IREDA
    Boughtaround 107
    Why

    We own IREDA because selling dried up at its yearly low near 103 and buyers have been stronger than sellers since. It is holding its recent gains quietly.

  • CG
    CGPOWER
    Watchingnear 840
    Why

    CG Power briefly broke below its two-month floor on 16 October and then closed sharply higher on heavy trading, a sign that buyers absorbed the selling. We want to buy on a small dip near 840.

  • GR
    GRASIM
    Watchingnear 2,900
    Why

    Grasim has held a floor near 2,850 for two weeks on very light selling, and its promoter group has been buying shares in the market. We want to buy near 2,900.

  • AB
    ABB
    Watchingnear 6,800
    Why

    ABB has made a higher low after testing its support, and buying has outweighed selling over the past month while the long-term trend is still up. We want to buy near 6,800.

  • GI
    GICRE
    No changenot adding
    Why

    We are keeping our current holding as it is. The position is already at its full size limit, so we are not buying more.

  • IR
    IREDA
    No changenot adding
    Why

    We are holding our current position and not adding for now. We will look again if the price breaks above its recent ceiling on strong buying, or dips and holds on quiet trading.