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Smart Portfolios, a virtual stock game, has entered its seventh season today. Business Standard started Smart Portfolios, a year-long exercise, six years ago as an educational initiative for our readers where professional investors run phantom portfolios.
Our readers, too, can participate in Smart Portfolios by creating their ghost portfolios. They can enjoy the benefit of learning how to manage portfolios by keeping tabs on the fund managers' movements.
Click here to play the game
The experts will continue to provide guidance and leadership to SmartInvestors and our visitors on how they pick stocks and allocate funds across sectors and investments. This educational initiative will help you understand the nuances of the market and take more informed investment decisions. Keep up with what the experts are doing every day.
Keeping in mind the market rally and the numerous requests we received in the last season, we have raised the virtual capital amount to Rs 15 lakh in the seventh edition – a huge 50% jump as compared to the last season!
Joining us this this season are four well-known fund managers from across top brokerages and research houses in the country – Mehraboon Irani, Principal and Head - Private Client Group (PCG), Nirmal Bang Securities; Mayuresh Joshi, Vice President – Institution, Angel Broking; Rahul Shah, Vice President -Group Leader-Equity Advisory Group, Motilal Oswal and Sachin Shah, Fund Manager, Emkay Investment Managers.
Rules
Here are some of the rules for the new season. However, for a complete list you can click here
The duration of the activity will be for one year, starting October 1, 2014 and ending on September 30, 2015. The transaction cost is fixed at 0.25% for each leg of trade.
Each of the fund manager will have a phantom portfolio of Rs 15 lakh in notional value, which can be invested either in stocks or held in cash.
The fund manager can hold 100 per cent cash in his portfolio, though it will not earn any return. The fund manager cannot invest more than 10% of the corpus at any time in one stock. However, there is no limitation on the number of stocks a fund manager can hold in the portfolio.
The fund manager cannot invest more than 50% of his portfolio value in mid-cap stocks. However, the fund manager can continue holding on to mid-caps in case the value appreciates.
Approved stocks
We have updated the list of stocks – both the large-cap and the mid-and small-cap categories.
Click here for the complete stock list
Here is wishing you the best for the next season. Log in now and play!
