Xumit Capital

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Sugar (XC - SGR) 📈 Auto Ancillary (XC - ANC) 📈 Fertilizer (XC - FRT) 📈 Telecom (XC - TEL) Bottom 5 industries that have been underperforming: 📉 Oil & Gas (XC - OLG) 📉 Construction (XC - CNS) 📉 Hospitality (XC - HSP) 📉 NBFC (XC - NFC) 📉 Chemical (XC - CHM) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity

May the joy and brightness of Diwali illuminate your life and bring success in every endeavor!

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Sugar (XC - SGR) 📈 Auto Ancillary (XC - ANC) 📈 Media (XC - MDA) 📈 Telecom (XC - TEL) Bottom 5 industries that have been underperforming: 📉 Construction (XC - CNS) 📉 Oil & Gas (XC - OLG) 📉 Hospitality (XC - HSP) 📉 Chemical (XC - CHM) 📉 Capital Goods (XC - CAG) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity

We proudly announce the 4-year completion of our curated portfolio: 📈 XC Quant: Momentum 📈 In these four years, the portfolio has clocked an impressive CAGR of 41% against the NSE 500 benchmark returns of 24%. With a clear and consistent creation of Alpha, the risk/reward ratios have also been splendid. Superior Sharpe, Treynor, and CAGR/MaxDD against the benchmark suggest that the portfolio has generated excess returns which were well-adjusted with the volatility of the portfolio. Embarking the fifth year, we are opening up the portfolio subscription to the public and thus inviting interest. We hope to launch the program by December 2024. If you want to learn more, kindly visit the link and fill out the form: https://lnkd.in/dZAFymh2 #nifty #nifty50 #sensex #curatedportfolio #momentum #momentuminvesting

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Auto Ancillary (XC - ANC) 📈 Sugar (XC - SGR) 📈 Logistics (XC - LGT) 📈 Media (XC - MDA) Bottom 5 industries that have been underperforming: 📉 Oil & Gas (XC - OLG) 📉 Construction (XC - CNS) 📉 Hospitality (XC - HSP) 📉 Chemical (XC - CHM) 📉 Bank (XC - BNK) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Auto Ancillary (XC - ANC) 📈 Sugar (XC - SGR) 📈 Media (XC - MDA) 📈 Logistics (XC - LGT) Bottom 5 industries that have been underperforming: 📉 Construction (XC - CNS) 📉 Oil & Gas (XC - OLG) 📉 Bank (XC - BNK) 📉 Cement (XC - CMT) 📉 Healthcare Services (XC - HCS) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity

💰 MIGRATION OF RICH INDIANS 💰 Since demonetization in India in 2016, there has been a substantial increase in Indian resident individuals and families remitting their capital out of the country under the Liberalized Remittance Scheme (LRS). While the FY 2024 figures stand at $31.7 billion, the growth of such remittances has been 42% yearly since FY 2016. These figures have coincided with the fact that whether it is the relocation of Indian dollar millionaires or the overall participation of Indians in investment migration programs, India stands at second rank globally, after China. According to the Henley report, in the year 2022 and 2023, the Net Outflow of Indian dollar millionaires was 8,000 and 5,100 respectively, which may reach 4,300 in 2024. Under the Liberalized Remittance Scheme (LRS), Indians remit capital to foreign countries for various reasons. Notably, the purpose of remittance for the purchase of property and investment in equity and debt products has been substantially increasing. These types of investments typically form the basis of investment migration programs for Indian investors. According to the IMI Daily report, Indians invested $1.76 billion in various investment migration programs between 2015 and 2021. Around 1.9 million Indians have renounced Indian citizenship since 2011. Visit the website to learn more about these investment migration programs: https://lnkd.in/dGgHVKVJ #investmentmigration #goldenvisa #goldenpassport #eb5 #eb5visa #residencybyinvestment #citizenshipbyinvestment

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Auto Ancillary (XC - ANC) 📈 Sugar (XC - SGR) 📈 Telecom (XC - TEL) 📈 Fertilizer (XC - FRT) Bottom 5 industries that have been underperforming: 📉 Construction (XC - CNS) 📉 Oil & Gas (XC - OLG) 📉 Hospitality (XC - HSP) 📉 Bank (XC - BNK) 📉 Cement (XC - CMT) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Auto Ancillary (XC - ANC) 📈 Sugar (XC - SGR) 📈 Telecom (XC - TEL) 📈 Automobiles (XC - ATO) Bottom 5 industries that have been underperforming: 📉 Construction (XC - CNS) 📉 Oil & Gas (XC - OLG) 📉 Healthcare Services (XC - HCS) 📉 Hospitality (XC - HSP) 📉 Information Technology (XC - INT) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity

WEEKLY WRAP: Relative Strength of 26 Indian industries in the last 7 months. Top 5 industries that have been outperforming: 📈 Retail (XC - RTL) 📈 Auto Ancillary (XC - ANC) 📈 Telecom (XC - TEL) 📈 Logistics (XC - LGT) 📈 Consumer Durables (XC - COD) Bottom 5 industries that have been underperforming: 📉 Oil & Gas (XC - OLG) 📉 Healthcare Service (XC - HCS) 📉 Hospitality (XC - HSP) 📉 Cement (XC - CMT) 📉 Information Technology (XC - INT) Find more about the sectors and industries that are based on "Global Industry Classification Standard" (GICS): Visit here: https://lnkd.in/gdk9ex6z #Nifty50 #Sensex #Indianequity