I subscribed to Gulaq Smallcap yesterday at the prescribed rates and today morning I find that a discount coupon is available. A bit unfair to the early subscribers.
I don't know how you calculate your returns. My return in Gulaq 6 is (-)8 % since the past one year and the reason probably is a monthly churn. The stock which are to be bought during Rebalance are already 5-8% up so one ends up buying at a high price. And if the stock is sold the next month then one can understand at what price the stock is exited. So one basically is at a loss. The same thing happens to stocks which are being sold during a Rebalance. By the time we sell through the smallcase the price has already gone down by 5-8%. So basically you are again at a loss. This process happens month after month. So how is someone making money I fail to understand. What smallcase shows as returns is the previous days closing price when the rebalance details were shared to the smallcase app after market hours and the price fluctuations have not happened. The next morning when the stock market opens subscribers like us buy and sell at a loss. So this is how the smallcase returns shown in the app and subscribers returns are totally different. I have unsubscribed Gulaq 6 just as a disclosure
Slippage is a very big factor and unfortunately it is very less spoken of. In reality, the returns are totally dependent on the slippage. I doubt if anyone would be able to buy/sell at the prices recommended by the Gulaq Fund managers. Most of the investors would understand this only after experiencing the loop holes involved in rebalance. Unfortunately smallcase platform also does not highlight this!!
Indeed. The figures mentioned by the smallcase publishers are usually very different from what the subscribers achieve because of slippages on account of time differences between the time rebalance is triggered and the actual rebalance happens. Unfilled orders cause further slippages. For the sake of transparency individual's smallcase account should also include the subscriber's own portfolio figures and charts.
Gulaq 6 performance has been very poor for last 1 year. is it advisable to stop Gulaq 6 and subscribe to these new smallcase?
I Subscribed Gulaq Gear 6 and started investing using small case. Thank you Sandeep for more details about the basket.
Not one but all of their smallcases are underperforming the underlying benchmark since last one year!!
On the 6th of Feb I joined Gulaq 6 any reference for bad performance in last one year .
sir pls provide rolling returns also
It's a great decision to estee ❤❤❤ I love you estee.
Backtesting rolling returns are important. If you can provide asap that will great help to start
I subscribed to Gulaq Smallcap yesterday at the prescribed rates and today morning I find that a discount coupon is available. A bit unfair to the early subscribers.
I don't know how you calculate your returns. My return in Gulaq 6 is (-)8 % since the past one year and the reason probably is a monthly churn. The stock which are to be bought during Rebalance are already 5-8% up so one ends up buying at a high price. And if the stock is sold the next month then one can understand at what price the stock is exited. So one basically is at a loss.
The same thing happens to stocks which are being sold during a Rebalance. By the time we sell through the smallcase the price has already gone down by 5-8%. So basically you are again at a loss.
This process happens month after month.
So how is someone making money I fail to understand.
What smallcase shows as returns is the previous days closing price when the rebalance details were shared to the smallcase app after market hours and the price fluctuations have not happened. The next morning when the stock market opens subscribers like us buy and sell at a loss.
So this is how the smallcase returns shown in the app and subscribers returns are totally different.
I have unsubscribed Gulaq 6 just as a disclosure
Slippage is a very big factor and unfortunately it is very less spoken of. In reality, the returns are totally dependent on the slippage. I doubt if anyone would be able to buy/sell at the prices recommended by the Gulaq Fund managers.
Most of the investors would understand this only after experiencing the loop holes involved in rebalance. Unfortunately smallcase platform also does not highlight this!!
Indeed. The figures mentioned by the smallcase publishers are usually very different from what the subscribers achieve because of slippages on account of time differences between the time rebalance is triggered and the actual rebalance happens. Unfilled orders cause further slippages. For the sake of transparency individual's smallcase account should also include the subscriber's own portfolio figures and charts.
This is the shortcoming of smallcase. It will always be inferior to pms services.
Only one word: Disappointed !!! 🤬🤬🤬🤬
Gulaq gear 5 also very poor performance
pathetic performance by gullak smallcases