Edelweiss Nifty Midcap150 Momentum 50 Index Fund: Should You Invest in Momentum Factor?
Momentum factor-based investing has attracted investor sentiment in recent years. The momentum strategy has generated returns higher than broader indices and at times, the outperformance has been significant. Unlike the prevailing buy-low-sell-high canon, momentum factor-based investing takes the opposite approach. It is based on the premise that stocks doing well have momentum and hence, will…