The Finominal India Long-Short Momentum Factor Index measures the performance of the top and bottom 30% of stocks ranked on their total returns over the last 12 months excluding the most recent month. The long portfolio is comprised of outperforming stocks, and the short portfolio of underperforming stocks. Stocks must have a minimum market capitalization of $0.5 billion. Portfolios are constructed to be beta-neutral and rebalanced monthly.
| Key Characteristics | |
|---|---|
| Ticker | INDLSMOM |
| Name | Finominal India Long-Short Momentum Factor Index |
| Inception Date | 1 Jan 2004 |
| Return Type | Long-Short |
| Currency | INR |
| Tradable Instrument | - |
| Performance | |
|---|---|
| 3 Months | 9.48 % |
| YTD | 4.32 % |
| 1-Year | 7.55 % |
| 3-Year | 21.46 % |
| 5-Year | 43.18 % |
| Since Inception | 401.78 % |