Shubh deepawali

Companies expected to benefit from increased economic activity during the Indian festive season

Type Start Date Last Rebalance Date Index Value
Sector Research 09-Oct-17 09-Oct-17 100.00

Read Rationle

The Indian festive season generally starts with Ganesha Chaturthi in early September and extends till mid-November, the end of Diwali. Indian companies pay bonuses during this time. The Kharif crop season also usually ends by mid-October, bringing money into the rural economy. Also, usually people save round the year for the festive season shopping. All of these lead to increased economic activity, as Indian consumers go on a shopping spree. This Safal Nivesh consists of companies from different sectors like Paints, Apparel & Retail, Gold, Realty, Multiplexes and Media which are expected to benefit from this increased activity during the festive season. Only fundamentally sound companies with good prospects are selected from these sectors. As an additional check, we have only selected companies which tend to outperform the market during the festive season, by checking for historical returns.


Past Performance

Portfolio Composition


Stock Screening

Minimum Requirement - Liquidity Filters and Promoters Holding

Model Criteria

A Proprietary Model developed for Stock Selection

  • Quantitative Research (Valuations, Financials, EPS, Balance Sheet, Cash Flows)
  • Qualitative Research (Earnings Quality and Sustainability)
  • Momentum Indicators (Filtering out stocks based on Technical Indicators)

All Selected stocks are given Equal Weight for better exposure

Historical Backtesting

All model based Safal Nivesh are checked for historical outperformance to ensure that only consistently outperforming models are selected


At the time of rebalance, research team reviews the Safal Nivesh to drop stocks which no longer meet the model criteria and add new qualifying stocks