Go walk in nature, notice the leaves falling, make time for family,
#InvestInMoments; we'll manage the rest.
#InvestInMoments; we'll manage the rest.
Important Update: Demerger Adjustment in Gulaq Portfolios!
Dear Investors,
This is an important update concerning the Demerger of Infibeam and its impact on your portfolio.
This rebalance is pushed to address the effect of demerger of Infibeans on the model portfolio. This does not concern existing investors. All investors are strongly advised to ignore this rebalance.
Action Required from You:
- No Action is Needed: Please do not perform this rebalance.
- Stick to the Start-of-Month Schedule: As always, continue to rebalance your portfolio at the start of each month, when the updated portfolio is shared.
Why are we pushing the rebalance?
Demerger of Infibeam:
- In September, our portfolio included the stock Infibeam Avenues Ltd., which underwent a demerger.
- The record date for this demerger was 11th September, and investors holding shares on this date received 1 share of Odigma Consultancy for every 87 shares held in Infibeam.
Exit from Infibeam:
- Although we exited Infibeam completely in the following month, the demerger left a trace in the historical records of the portfolio.
- Although we exited Infibeam completely in the following month, the demerger left a trace in the historical records of the portfolio.
Listing of Odigma Consultancy:
- Odigma Consultancy was listed on 12th December, and as a result of the historical weight (0.3%) allocated to Infibeam, the new entity inherited a proportionate weight of 0.01% in the model portfolio (4.7% of 0.3%).
- Odigma Consultancy was listed on 12th December, and as a result of the historical weight (0.3%) allocated to Infibeam, the new entity inherited a proportionate weight of 0.01% in the model portfolio (4.7% of 0.3%).
Impact on Minimum Investment Amount:
- This small historical weight skewed the minimum investment amount for new investors, increasing it to over ₹9 lakh—a significant and unintended effect.
This rebalance is being pushed to restore the minimum investment amount to its intended level of ₹24,000 for new investors allowing them to invest in the correct model portfolio weights. It has no impact on existing investors' current portfolios, and you can safely disregard it.
If you have any questions or concerns, please feel free to reach out to our support team. We are here to assist you.
Warm Regards,
Vivek Sharma
Investment Head at Gualq
