Your Path Through Stock Markets, Simplified and Guided.
Equity Midas Capital is a SEBI Registered Equity Analysis firm offering quantitatively curated stock recommendations.
What we do at Equity Midas
Quantitative models are the key to our research and analysis.
Company’s Financial Performance
Derived Market Expectations
Probability of Meeting Expectations
Company’s Financial Performance
Derived Market Expectations
Probability of Meeting Expectations
(EVM) “Expectations Value Model”
“Expectations Value Model” (EVM)
EVM is based on the principle that "reward is a function of performance against expectations". EVM uses quantitative methods to evaluate market expectations and the probability of the company meeting them. Coupled with these factors, a ranking algorithm is used to identify potential BUY opportunities.
Our Guiding Principles
Six Fundamental Principles Serve as the Cornerstone of Our Business.
We value and respect the fact that our recommendations, potentially, have a direct impact on our customer’s finances. These principles ensure we do not jeopardize your trust.
Six Fundamental Principles Serve as the Cornerstone of Our Business.
Take Your Own Advice
First rule for a career by Charlie Munger says, "Don't sell anything you wouldn't buy yourself". We agree 100%. Our personal investments are also guided by EVM.
Trust Only Data
Quantitative approach removes personal biases and emotions from the investing process. Decision making is based on data and data alone.
Adhere to First Principles
Value Investing is one of the most consistent investment strategies across multiple markets, time periods and cycles. While we differ on the definition of "Value", we do not violate the basic principles of investing.
Offer Uniform Opportunity
Our subscription window closes few days prior to releasing our recommendations. This ensures each subscriber has the same window of opportunity to invest in EVM recommendations.
Follow Scheduled Rebalancing
We recommend staying in the markets for long term but also rebalancing the portfolio periodically as new information is presented. This allows us to benefit from the new opportunities without compromising on the core principles.
No Compromise on Quality
Even when EVM does not recommend in holding our stocks for ever, there is no compromise on the quality of the business. A strong balance sheet & consistent operating performance are key stock selection criteria of EVM.
Take Your Own Advice
First rule for a career by Charlie Munger says, "Don't sell anything you wouldn't buy yourself". We agree 100%. Our personal investments are also guided by EVM.
Trust Only Data
Quantitative approach removes personal biases and emotions from the investing process. Decision making is based on data and data alone.
Offer Uniform Opportunity
Our subscription window closes few days prior to releasing our recommendations. This ensures each subscriber has the same window of opportunity to invest in EVM recommendations.
Adhere to First Principles
Value Investing is one of the most consistent investment strategies across multiple markets, time periods and cycles. While we differ on the definition of "Value", we do not violate the basic principles of investing.
Follow Scheduled Rebalancing
We recommend staying in the markets for long term but also rebalancing the portfolio periodically as new information is presented. This allows us to benefit from the new opportunities without compromising on the core principles.
No Compromise on Quality
Even when EVM does not recommend in holding our stocks for ever, there is no compromise on the quality of the business. A strong balance sheet & consistent operating performance are key stock selection criteria of EVM.
Our Products
Connecting to Serve Your Needs, Priced to Match Your Goals
We offer EVM generated recommendations with a structured approach to investing for subscription. We believe that the investing process is as important as the recommendations.
Connecting to Serve Your Needs, Priced to Match Your Goals
Focus
15,000 + GST /Year
EVM recommendations from large and mid-cap companies only. Focus stocks are a subset of Feast. Aims for steady, market-beating returns with lower volatility. Stocks are rebalanced annually.
MOST POPULAR
Feast
18,000 + GST /Year
EVM recommendations from the entire listed companies universe. Aims for better returns with the inclusion of smaller companies albeit with higher volatility and risk. Stocks are rebalanced annually.
Strength of Index
Price available on smallcase.com
Strength of Index recommendations include stocks from the Nifty50 Index only. Created as an alternative to NIFTY50 ETF/Index Funds; it uses a tailored version of EVM to use quarterly results data.
What our Clients say about us
Postcards of Appreciation
Ashish helped me to understand the model of investment(EVM), philosophy and his research behind Equity Midas platform. I liked his straight forward approach of transparently telling reasons of his annual subscription model, focus on booking profits annually. One on One discussion helped to address all queries. I look at this as intelligent way of generating annual income. Happy to continue taking Equity Midas recommendations.
Kaviraj Gunjal
Technology Consultant and Business Growth Expert
I don't have the skill set and capability to look for gems in the listed market . I also don't want to invest in high risk assets in the quest for exorbitant returns . That's where Equity Midas come, the process is seamless and you have complete control on the account and you don't feel the FOMO. Best of both world with personal touch of Ashish is what I love about this engagement.
Sreejith Moolayil
Co Founder True Elements
"Ashish's investment strategy is very unique. The model, which is based on hard mathematics and a thorough understanding of market dynamics, delivers a degree of confidence and predictability that I have not seen before. I definitely suggest them to anyone looking for a professional and results-driven investment approach."
Chintamani Dixit
Dixit farms
I have been a client of Equity Midas for over 3 years now and I have an outstanding experience of their FEAST plan across 3 aspects; first - the simplicity with which it is designed for a customer. You only need to get their recommendations and invest, second - absolute flexibility to withdraw your own money at your own time, third - this is the most important, which is results. I am extremely happy with the returns I got for the past 3 years.
Sachin Chandsarkar
Founder - Ophelia Consultancy
Have been using Equity Midas for my investment decisions for the past 3 years and have had excellent results. Ashish knows his subject and his recommendations are backed by years of experience along with detailed research & analysis.
Girish Koulgi
I am thoroughly impressed with the advisory services provided by Equity Midas. Their stock recommendations have consistently delivered excellent results, helping me achieve substantial returns on my investments. Ashish's expertise and market insights are evident in the quality of his recommendations.
Sushil Goyal
COO Gruve.ai
Have a Question?
We offer a range of comprehensive business consultation services tailored to meet the unique needs of your organization.
This website provides subscription services for FOCUS and FEAST, which follow a predetermined schedule for releasing recommendations. These recommendations are typically made available on specific dates each year, generally in late May or early June. The subscription period begins in April every year. A subscription can be purchased for a single investment cycle and will remain active for the subsequent set of BUY recommendations along with the related SELL recommendation.
Customers are required to complete the onboarding (registration) process as mandated by SEBI and submit KYC verification information. Only users who have successfully completed KYC verification are eligible to subscribe to the offerings. In the event of a failed KYC verification, the subscription will be terminated, and a full refund will be issued.
When the subscription window for a product opens, users can utilize the "Subscribe" feature on the website. Payments are accepted exclusively via bank transfer. After making a payment, users must input the last five digits of the payment Transaction ID before finalizing the form for verification purposes.
Subscribers will gain access to the recommendations within 24 hours and will receive an email notification. If access is not granted within this timeframe, subscribers can reach out by calling 98507 28257.
The EVM requires the results data from the current year to formulate its BUY recommendations. Companies are permitted to release their annual results until the end of May each year.
As we need the data from all companies prior to executing the model, we must wait until the end of May to analyze and publish our recommendations.
After identifying our BUY recommendations for the current year, we concurrently issue SELL recommendations for the BUY recommendations made in the previous year.
EVM operates as a dynamic model, meaning that its recommendations depend on the input data. This input data encompasses various factors, including company performance, market data, ownership information, and other statistical elements.
Given the model's characteristics and the varied input data, the quantity of shortlisted recommendations do fluctuate. However from an investors perspective, having a fixed number of recommendations helps in capital allocation and tracking.
Recognizing that such variability may not be ideal, we developed a ranking algorithm (in 2023) which allows us to limit the number of stocks to a maximum of 12 for Feast and 6 for Focus. For Strength Of Index, the usual number of stocks is fewer than 5. For the new momentum based product which is under development, the number of stocks will be restricted to 6.
Determining the amount of capital to invest in any of the recommendations falls outside our scope and is subject to SEBI regulations. Recently, SEBI imposed penalties on a Research Analyst for suggesting specific weightings among the recommended stocks. This might change if SEBI allows us to recommend model portfolios in the future. For now, Research Analysts are not allowed to recommend capital allocation.
For guidance on capital allocation, it is advisable to consult SEBI-Registered Investment Advisors, who can provide insights after conducting comprehensive financial planning and risk assessment.
Nonetheless, we can affirm that the level of conviction for each of our recommendations remains consistent. This is due to the fact that once a stock is selected, it has an equal opportunity to out-perform compared to other stocks included in the same product.
Subscribers are notified via email and WhatsApp about updates to recommendations.
The notification serves as an alert for the release, and subscribers must log in to the website to access the recommendations page and view the updated stock list.
This inquiry is best directed to your Investment Advisor for a comprehensive response. Our aim here is to outline the distinguishing features of the products to assist you in making an informed decision.
Selecting the appropriate product largely depends on your individual preferences. If your inclination is towards investing in large corporations, then FOCUS would be the ideal choice for you. Likewise, if you seek a portfolio with lower volatility, FOCUS remains a suitable option.
For those aiming to maximize their returns, FEAST is the recommended choice. Historically, FEAST has outperformed FOCUS in terms of returns albeit with higher volatility.
Quarterly or bi-annual recommendations cater to investors who favour short-term strategies. For instance, STRENGTH OF INDEX serves as a viable alternative to an INDEX ETF or INDEX FUND, appealing to investors interested in the largest and most liquid companies available in our markets.
It is crucial for investors to grasp the unique characteristics of each product. We encourage you to discuss these aspects with your investment advisor prior to making your selection.