One of the lesser-known uses of a smallcase is the ability it gives investors to track the performance of more than one stock. If an investor wishes to track and compare the performance of more than one stock, they can do that by creating a smallcase of their own and adding those stocks to that smallcase. This allows them to not only monitor the stocks as a portfolio but individually as well.
This is one smallcase feature that Ankit Mahapatra uses a lot. “I ventured into buying stocks slowly after monitoring their performance in smallcases,” says this Bengaluru-based IT developer.
When a stock is added to a smallcase, an investor can click on the stock name to view information and data related specifically to that stock. This pop-up widget shows information like current price, price trend, PE, 1-month and 1-year returns as well as 52-week highs and lows.
This succinct information is enough for an investor to gauge the investment-worthiness of a stock. “This feature has greatly helped me invest more efficiently,” he says.
Like most of us, Ankit also started his investment journey after he began working. He started with ELSS funds to save taxes and then ventured into regular mutual funds. Ankit discovered smallcase when he was seeking better investment options. “I wanted to have more control over the themes and stocks I was investing in,” he says. “smallcase turned out to be exactly what I was looking for.”
Ankit isn’t the first investor to say this. “I like that there are experts who have done the research and taken the responsibility of updating smallcases to make sure the criteria are met.” This is another strong smallcase feature that investors widely appreciated.
For Ankit, who says he has a medium-risk appetite, smallcases work out best because they are diversified instruments that are built by experts. His first two smallcases were Growth & Income – Midcap Version and Growth at a Fair Price – Low-Cost Version.
“While the returns have been a mixed bag so far,” says Ankit, “I’m planning to continue investing in smallcases for goals like buying a car and going on a holiday.” Ankit’s other investment goals include investing to build a sizeable retirement corpus. “FMCG is an evergreen theme to invest in,” he believes. And we concur, looking at the performance of the smallcase FMCG Tracker.
We also understand Ankit’s concerns about smallcase returns being a mixed bag right now. That is the nature of equity investments in volatile markets. But staying investing through the ups and downs is important to build wealth over the long-term. Ankit understands that, and that is all that we ask for.
(smallcase Stories are features where users talk about their investing experience with smallcase. If you have a great story to share, write to us at email@example.com)