SAMCO invites stock market participants to join ‘Mission - Ace the Index’, and take the pledge to prioritize investment performance. SAMCO urges investors to ace i.e. outperform the relevant benchmark indices by researching and analysing investment opportunities, manage portfolio actively, and adapt strategies according to evolving market conditions.
And, if one is unable or unwilling to manage his/her portfolio actively, then one will pledge to outsource funds to a professional fund manager, who has a proven track record of delivering superior market returns, or invest in index ETF that tracks the relevant benchmarks to ensure that one is aligned with overall market performance and benefits from its growth.
Participants can take the pledge on https://acetheindex.com/
Commenting on the announcement,
Mr. Jimeet Modi, Founder and CEO, SAMCO said, “Creating a culture of outperformance is our goal, and now we have the Mission - Ace the Index. Individual stock market participants must run their trading accounts in a manner where they must consistently outperform the benchmark indices. Alternatively, they should probably stop active trading, as they are likely to have much better financial outcome by simply investing in an index fund or outsource to a professional fund manager.”
“Performance measurement, reporting and benchmarking are done fairly well in mutual funds. SEBI has even recommended the same for PMS’s from April 1. However, performance measurement is fairly poor amongst individual retail investors, even though they are their own money managers. To solve this, we are thrilled to launch our next-gen Capital Resource Planning (CRP) platform on Web & App, to empower stock participants to achieve their best financial performance,” Jimeet added.
SAMCO next-gen Capital Resource Planning (CRP) platform on web and app will help investors not only to just trade and invest with ease, but also create their own PERSONAL INDEX that shall track their real-time investment return and also benchmark their performance against leading broader market indices across multiple time frames. The investors can also benchmark their performance against leading active fund managers.
An internal date set of SAMCO investors who are already on next-gen Capital Resource Planning (CRP) platform, suggest that 32% were able to beat the benchmark indices for Q4 CY 2022, the NIFTY during the same period delivered return of 7.75%.