We will track” the two portfolios” using methods similar to mutual funds with one important difference. Every fortnight, when we give you an update on actions , we will also release an NAV. You can compare the change in that NAV to changes in the Nifty.
Suppose a mutual fund raises Rs 10lakh by selling one lakh units of Rs 10 each. It puts the money into various assets while also paying for its overheads, brokerages & meet any other expenses. The initial NAV is a little less than the initial price of Rs 10.As NAV rises , you can benchmark the appreciation versus a stock market index.
We will use a similar NAV- based method to track the two portfolios. We are assuming the portfolios were launched on an initial date .
Every fortnight , we will give you an update on the performance of the portfolios.