Nifty erased most of the loses from the previous month, clocking in +3.08% (+3.75% in USD terms) for February.
Nifty Heatmap
Index Performance
Top winners and losers
The month was marked by some pretty wild swings.
ETFs
Banks and gold led the ETF pack.
Advancers and Decliners
Green shoots? Brown shoots?
Investment Theme Performance
Balance-sheet strength is +43.64% since inception. But that’s not the winningest strategy. Read our
roundup to get a sense of what quantitative strategies combined with a structure that enforces discipline can do for you.
Sector Performance
Yield Curve
What do the short-term rates portend?
Thought to sum up the month
Howard Marks, chairman of the U.S. investment firm Oaktree Capital:
There actually are two risks in investing: One is to lose money and the other is to miss opportunity. You can eliminate either one, but you can’t eliminate both at the same time.
I think of it like a comedy movie where a guy is considering some activity. On his right shoulder is sitting an angel in a white robe. He says: «No, don’t do it! It’s not prudent, it’s not a good idea, it’s not proper and you’ll get in trouble». On the other shoulder is the devil in a red robe with his pitchfork. He whispers: «Do it, you’ll get rich». In the end, the devil usually wins. Caution, maturity and doing the right thing are old-fashioned ideas.
Source: In the end, the devil usually wins