Overview

This moon (Model Portfolio) aims to replicate the investment methodology of {{StrategyDetail.fundName}}

About {{StrategyDetail.fundName}} :
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Moon vs Benchmark Fund

{{StrategyDetail.symbol}} 100 invested at the time of inception would be : {{StrategyDetail.symbol}}{{InceptionValue}}

Methodology for Moons

Defining the universe
All publicly traded companies that are Shariah Compliant and part of the fund are included in this universe

Research
Islamicly conducts in-depth research with our internal Research team and Shariah Board to decide the application of our criteria to be used for constituent screening.

Constituent Screening
The Islamicly team goes through the reports and financials of the companies, and individually picks up the stocks which meet our qualitative and quantitative Shariah parameters, to be considered for the respective strategy.

Shariah criteria/Stock Screening
Our Internal Research team screens out Companies which do not meet our Shariah criteria, which includes companies that are involved in the following Sectors:

• Alcohol (Consumption)
• Pork
• Tobacco
• Recreational Drugs
• Non-Islamic Financial Services (Banks, Insurance Companies, etc.)
• GamblingAdult Entertainment (Movies, Music, Pornography, etc.)

By conducting a thorough Shariah analysis, we ensure that all the stocks picked by our internal team comply with our Shariah criteria.

For detailed Shariah Screening Methodology, please see here https://islamicly.com/home/screeningProcess

Weighting
Market cap Weighted

Rebalance:
The Moons will have a rebalance, based on the schedule of the underlying fund. The Internal team reviews the Moon within 10 days after the rebalance, and realigns it with the selected assets allocation for the next period.

Definitions and Disclosures:

• CAGR
  

  CAGR (compounded annual growth rate) is a useful measure of growth or performance of a portfolio. Every year returns generated by a portfolio are different. Let's say if a portfolio is live for 3 years and returns generated by the portfolio are 5%, 15% & -7%, respectively in the first, second and third year. Then we calculate CAGR as a return number that would give the same terminal investment value at the end of three years, as we get when the portfolio gains by 5% & 15% in the first two years and drops by 7% in the third year. The CAGR in this case would be 3.94%. This means that you will always end up with the same investment value at the end of the third year, if your portfolio gains by 3.94% every year or 5%, 15% and -7%, respectively in the first, second and third year. In simple words, it indicates the annual return generated by the stars from the date of launch. Returns and CAGR numbers don’t include backtested data.

• Volatility Label
  

  Changes in stock/ETF prices on a daily basis result in fluctuations to the investment value of your portfolio. In order to help investors understand the extent of fluctuation they might observe with their stars investment, every stars is categorized into one of the three volatility buckets - High, Medium and Low Volatility. This is done by comparing the stars volatility against that of the Nifty 100 Index. If the daily change in the investment value of a portfolio is too drastic, it means prices of stocks/ETFs in the portfolio are changing very rapidly. Such portfolios have High Volatility. Investing in High Volatility stars means that changes in your investment values can be very sudden and drastic, whereas fluctuations in the investment value of Low Volatility stars are expected to be lower in comparison. For more information about how volatility is calculated, please check here

• Segment
  

  Stocks/ETFs belonging to a stars are categorized under different segments. Weightage of a segment is calculated as the sum of weights of all stocks belonging to that segment. Suppose 4 stocks, with each having a weight of 10%, belong to the Food Products segment. Then the weight of the Food Product segment in the stars will be 40% (4*10) For stars where manager has not prescribed any weights, equal weights are assumed for calculations. Review Rebalancing is the process of periodically reviewing and updating the constituents of a stars. This is done to ensure that constituents in the stars continue to reflect the underlying theme or strategy.

• Market Cap Categorization of Stocks (Rank)
  

  All the stocks listed on NSE(National Stock Exchange) are arranged in decreasing order of Market Cap, so that the stock with the largest market cap gets 1st Rank. Stocks ranked equal to or below 100 are categorized as Large Cap. Stocks ranked below or equal to 250, but ranked above 100 are categorized as Mid Cap stocks. Stocks ranked above 250 are categorized as smallcap

• Market Cap Categorization of Stocks
  
  • If the sum of weights of constituent large cap stocks is greater than 50%, then stars is categorized as Largecap
  • If the sum of weights of constituent mid cap stocks is greater than 50%, then stars is categorized as Midcap
  • If the sum of weights of constituent small cap stocks is greater than 50%, then stars is categorized as Smallcap
  • If the sum of weights of constituent large cap stocks is greater than 30%, sum of weights of mid cap stocks are greater than 30%, and sum of weights of large cap and mid cap stocks are greater than 80%, then stars is categorized as Large & Midcap
  • If the sum of weights of constituent small cap stocks is greater than 30%, sum of weights of mid cap stocks are greater than 30%, and sum of weights of small cap and mid cap stocks are greater than 80%, then stars is categorized as Mid & Small Cap
  • If none of the above conditions are met, then stars are categorized as Multicap For stars where the manager has not prescribed any weights, equal weights are assumed for calculations.
• General Investment Disclosure
  

  Charts and performance numbers on the platform do not include any back tested data. Please refer to the Returns Calculation Methodology to check how returns are calculated on the platform. Data used for calculation of historical returns and other information is provided by exchange approved third party data vendors and has neither been audited nor validated by the Company. For stars where weights are not provided by the creator, Equal weights are used to calculate all returns, numbers and ratios on the platform. Investment in the securities market is subject to market risks. Read all the related documents carefully before investing. Investors should consider consulting their financial advisor while considering any investment decisions.

• EHTICLY SUSTAINABLE FINNOVATORS PRIVATE LIMITED Disclosure:
  

  The content and data available in the material prepared by the company and on the website of the company, including but not limited to index value, return numbers and rationale are for information and illustration purposes only. Charts and performance numbers do not include the impact of transaction fee and other related costs. Past performance does not guarantee future returns and performances of the portfolios are subject to market risk. Data used for calculation of historical returns and other information is provided by exchange approved third party vendors and has neither been audited nor validated by the Company.

  Detailed return calculation methodology is available here. Detailed volatility calculation methodology is available here.

  Information present in the material prepared by the company and on the website of the company shall not be considered as a recommendation or solicitation of an investment

  Investors are responsible for their investment decisions and are responsible to validate all the information used to make the investment decision. Investor should understand that his/her investment decision is based on personal investment needs and risk tolerance, and information present in the material prepared by the company and on the website of the company is one among many other things that should be considered while making an investment decision.

  The Company is not engaged in merchant banking, investment banking or any brokerage services. Unless otherwise stated, the percentage returns displayed on the website or any other marketing materials are Absolute Returns.

  Reports or research material prepared by the company are not to be construed as an offer to buy /sell or the solicitation of an offer to buy / sell any security in any jurisdiction where such offer or solicitation would be illegal. Reports or research material prepared by the company do not constitute a personal recommendation or take into account the particular investment objectives, financial situations, risk profile and needs of individual clients.

  While we endeavor to update the information / material on various products and reports created by us, on a reasonable basis, there may be regulatory, compliance or other reasons that prevent us from doing so. We and our associates, officers, directors, and employees, Research Analyst (including relatives) worldwide may: (a) from time to time, have long or short positions in, and buy or sell the securities thereof, of company (ies) forming part of the products or reports created by the company or (b) may have other potential/material conflict of interest with respect to any company(ies) in various products or reports created by the company.Any such positions of conflict of interest will be appropriately disclosed and dealt with in accordance with applicable law.

  The Company does not provide any promise or assurance of favorable view for a particular industry or sector or business group in any manner. The investor is requested to take into consideration all the risk factors including their financial condition, suitability to risk return profile and take professional advice before investing.

• Research Analyst Disclosure:
  

  Finnovest Research is registered with SEBI with INH200008024 as the SEBI registration number. The registered office address of Finnovest Research is No. 90, 2nd Floor, 8th Main, J P Nagar 3rd Phase, Bengaluru – 560078

  Finnovest Research is involved in research activities in Indian capital markets, as a SEBI-registered Research Analyst w.e.f. Dec 24, 2020. Finnovest Research is a sole proprietor firm under the name of Shanawaz Pasha.

  • Finnovest Research has a contractual arrangement with EHTICLY SUSTAINABLE FINNOVATORS PRIVATE LIMITED, under which EHTICLY SUSTAINABLE FINNOVATORS PRIVATE LIMITED provides a technology solutions platform for the display and access of Finnovest Research data, in compliance with applicable SEBI rules and regulations and Finnovest Research supplies Model Portfolios to be published on Islamicly.
  • EHTICLY SUSTAINABLE FINNOVATORS PRIVATE LIMITED has leased the rights to use the platform, namely www.islamicly.com and the Islamicly APP (as listed on the Android and Apple App stores), from ETHICAL APPS FZCO, UAE, which has developed and owns these technology platforms.
  • EHTICLY SUSTAINABLE FINNOVATORS PRIVATE LIMITED and ETHICAL APPS FZCO, represented by its brand name "Islamicly," do not provide any investment advice or recommendations, nor do they make any claims regarding returns or performance related to any advice or recommendations.
  • Finnovest Research does not provide any promise or assurance of a favourable view for a particular industry or sector or business group in any manner.
  • The investor is requested to take into consideration all the risk factors including their financial condition, suitability to risk return profile and take professional advice before investing.
  • Investments in the securities market are subject to market risks. Read all the related documents carefully before investing.
  • Registration granted by SEBI and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.
  • For support write to shanwaz.pasha@gmail.com