FM basket · stock · inception 2026-07-04

Atlas Desk — Conviction

Started with ₹10,00,000 · max 10% per position (10 slots).

Manual basket

How this strategy works

An agent-run trading desk over Atlas’s ranks (forward-only).

Buy rule: Every night after the marks, a Scout agent reads the fresh Atlas data (composite ranks, sector strength, relative strength, regime) and proposes additions; a Risk & Tax officer approves, resizes, defers or vetoes each; the PM buys only Risk-approved names, recording a thesis and a falsifiable exit condition per position.
Sell rule: The Scout checks every holding’s stated exit condition and rank health daily; sells go through the same Risk review (a short-term-gain exit is deferred unless the thesis-break is urgent). The whole book exits new-entry mode in Risk-Off regimes.
Universe: Trades stocks drawn from the Atlas-scored Nifty 500.
Which names: Judgment over the ranked watchlist — the agents choose among Atlas’s top-conviction names, never outside them.
Position sizing: One standard slot per buy (~10% of the book, 10 slots), execution costs and FIFO tax included. Hard caps (orders/night, per-sector, Risk-Off block) are enforced in code, not by the model.

NAV · 2026-09-08

₹10,69,096

Since inception

+6.9%

Open positions

Cash

₹58

Costs paid (in NAV)

₹2,680

Tax accrued · post-tax NAV

₹3,480 · ₹10,65,616

Backtest · 2018-09-28 → 2026-09-08

If this rulebook had run for the last 5 years

Growth of ₹100 vs NIFTY 500

as of 2026-09-08

1Y return

0.0%

3Y CAGR

0.0%

5Y CAGR

0.0%

CAGR · 8.0y

0.0%

since earliest NAV

Volatility

0.0%

annualised

Sharpe

—

rf 6.5%

Sortino

—

rf 6.5%

Max drawdown

0.0%

From NAV history 2018-09-28 → 2026-09-08 · 96 monthly observations. Risk-free 6.5% for Sharpe/Sortino.

Execution costs of ₹0 are already inside this curve. Realized tax (FIFO, STCG/LTCG netted per FY): ₹0 → post-tax total return 0.0% vs 0.0% pre-tax.

Two curves: With 10% stop (the live rule — exit any position that closes 10% below its entry) vs No stop. On this book the stop is a net win — it cuts drawdown and lifts return by cutting real losers early.

Survivor-only backtest. The universe is today’s Atlas-scored names applied backwards, so stocks that delisted or collapsed never appear. Real drawdowns would be worse — read these returns as an optimistic upper bound, not a promise.

Live paper-track

NAV since inception

as of 2026-09-08

Exposure

Sector weights vs NIFTY 500

Pharma21.5% vs 0.0% (+21.5)

Defence19.9% vs 0.0% (+19.9)

Healthcare19.6% vs 0.0% (+19.6)

Automobile18.4% vs 0.0% (+18.4)

Banking10.9% vs 0.0% (+10.9)

Logistics9.5% vs 0.0% (+9.5)

Oil & Gas0.1% vs 0.0% (+0.1)

Thick bar = this portfolio · thin bar = NIFTY 500 sector weight.

Atlas read

What the lens engine says about this book

Weighted composite

91.8

Above 50 EMA

100%

Above 200 EMA

100%

Weighted RS 3M

+20.1%

Risk flags

Open positions

Holdings (13)

Instrument	Sector	Qty	Avg cost	Last	Value	Weight	P&L	Comp	Tech	Flow	Val	RS 3M	EMA 50/200
LAURUSLABS Laurus Labs Limited	Pharma	65	1528.00	1876.70	₹1,21,986	11.4%	+22.8%	86	90	50	0	+29.2%	✓/✓
NEULANDLAB Neuland Laboratories Limited	Healthcare	5	18988.00	22870.00	₹1,14,350	10.7%	+20.4%	85	90	42	0	+30.4%	✓/✓
CRAFTSMAN Craftsman Automation Limited	Automobile	10	9333.00	11297.00	₹1,12,970	10.6%	+21.0%	91	95	50	0	+21.4%	✓/✓
RBLBANK RBL Bank Limited	Banking	261	380.65	415.00	₹1,08,315	10.1%	+9.0%	94	100	42	16	+15.9%	✓/✓
IPCALAB IPCA Laboratories Limited	Pharma	55	1782.40	1959.10	₹1,07,751	10.1%	+9.9%	85	90	42	12	+14.3%	✓/✓
APOLLO Apollo Micro Systems Limited	Defence	264	403.95	403.95	₹1,06,643	10.0%	0.0%	97	100	70	4	-5.2%	✓/✓
PARAS Paras Defence and Space Technologies Limited	Defence	71	1489.40	1489.40	₹1,05,747	9.9%	+0.0%	97	100	70	1	+50.0%	✓/✓
GRANULES Granules India Limited	Healthcare	110	897.65	867.30	₹95,403	8.9%	-3.4%	95	100	50	27	+8.7%	✓/✓
MAHLOG Mahindra Logistics Limited	Logistics	225	403.20	403.20	₹90,720	8.5%	0.0%	96	100	60	5	+14.9%	✓/✓
WHEELS Wheels India Limited	Automobile	48	1544.30	1755.40	₹84,259	7.9%	+13.7%	96	100	60	24	+14.2%	✓/✓
SHREEJISPG Shreeji Shipping Global Limited	Logistics	16	699.80	699.80	₹11,197	1.0%	0.0%	96	100	60	0	+47.8%	✓/✓
ICICIBANK ICICI Bank Limited	Banking	6	1418.20	1427.50	₹8,565	0.8%	+0.7%	81	85	42	19	+9.8%	✓/✓
HINDOILEXP Hindustan Oil Exploration Company Limited	Oil & Gas	6	184.38	188.85	₹1,133	0.1%	+2.4%	96	100	60	5	+2.2%	✓/✓

AI desk

What this fund did lately, and why

Conviction

Owns the market’s highest-conviction names, wherever they are.

₹10.69 lakh

▲ ₹69,096 (+6.9%) since it started with ₹10.00 lakh

2026-09-11: It made 2 buys and 1 sell.

SELLEXICOM· high confidence
Why: Sector rank fell out of the top‑15 in Capital Goods, triggering the explicit invalidation rule for EXICOM
It will change its mind if: Capital Goods sector rank falls out of top‑15 or composite drops below 60 for five sessions
BUYPARAS· high confidence
Why: Composite 97, Defence sector #1 rank and RS 0.5 with price above 50‑ and 200‑day EMAs signal strong upside
It will change its mind if: Defence sector rank falls out of top‑15 or composite drops below 60 for five sessions
BUYSHREEJISPG· high confidence
Why: Composite 96, Logistics sector rank 5 (top‑15), RS 0.478 and price above EMAs indicate robust momentum
It will change its mind if: Logistics sector rank falls out of top‑13 or composite drops below 60 for five sessions

What it looked at and decided against

EXICOM — considered selling; went ahead. (sector rank 6 falls out of top‑5 (Capital Goods) triggering invalidation condition)
PARAS — considered buying; went ahead. (composite 97.0 (top score))
SHREEJISPG — considered buying; went ahead. (composite 96.0)
INDNIPPON — considered buying; decided to wait. (composite 96.0)

What it has learned from its own results

• Enter only when the 5‑day forward price is positive; all executed buys that were up ≥+1% in 5 days (NEULANDLAB +2.92%, IPCALAB +2.29%, KARURVYSYA +1.40%) continued upward, while buys with negative 5‑day moves (MAHABANK, ZYDUSLIFE, LAURUSLABS) fell further. (90% confidence)

• Do not auto‑reject high‑urgency candidates; several rejected high‑urgency names (DIVISLAB, J&KBANK, NUVAMA, IPCALAB) generated >4% gains in 5 days. (90% confidence)

• Prioritize 5‑day forward alpha over urgency or side; positive alpha yields strong upside even when rejected, while negative alpha leads to losses even on executed buys (80% confidence)

• Add‑side proposals must show positive 5‑day forward alpha; negative alpha predicts further decline and should be filtered out (80% confidence)

• Select stocks with positive 5‑day forward alpha regardless of side or urgency; negative alpha predicts further decline. (70% confidence)

• Prioritize positive 5‑day forward alpha over urgency, side or sector; stocks with +5‑day alpha consistently outperformed, while those with negative alpha underperformed regardless of other signals. (60% confidence)

How good the desk’s past calls have been (checked 20 days later vs the market)

Grouped by	Calls made	Beat the market	Average edge
strategy: conviction	48	38%	+0.3%
sector: Pharma	101	38%	+1.2%
sector: Healthcare	63	56%	+1.5%
sector: Banking	46	44%	-0.6%
sector: Capital Goods	35	51%	+4.2%
sector: Automobile	32	59%	+5.6%
sector: Capital Markets	18	39%	-8.1%
sector: Energy	14	36%	-5.7%

Audit trail

Transactions

Date	Instrument	Side	Qty	Price	Value	Cost	Realized P&L	Days	Bucket	Tax	Conviction
2026-09-08	SHREEJISPG	buy	16	699.80	₹11,197	₹13.21	—	—	—	—	—
2026-09-08	PARAS	buy	71	1489.40	₹1,05,747	₹124.78	—	—	—	—	—
2026-09-08	EXICOM	sell	634	184.33	₹1,16,865	₹120.37	₹13,071	5	stcg	₹2,614.29	—
2026-09-08	MAHLOG	buy	225	403.20	₹90,720	₹107.05	—	—	—	—	—
2026-09-08	APOLLO	buy	264	403.95	₹1,06,643	₹125.84	—	—	—	—	—
2026-09-08	BHEL	sell	244	421.45	₹1,02,834	₹105.92	₹4,060	55	stcg	₹812.00	—