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 | Rules |  |
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 | The duration of the activity will be for one year. Each of the four fund manager will have a phantom portfolio of Rs 10 lakh in notional value, which can be invested either in stocks or held in cash. |
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| The fund manager can follow any investment style, be it large-cap, mid-cap or small-cap; value, growth or blend, short-term, medium-term or long-term. He will only need to specify the style he will follow and stick by it. |
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| The fund manager can hold 100 per cent cash in his portfolio, though it will not earn any return. |
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| The fund manager is only allowed to trade in the cash market and cannot take a short position |
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| The fund manager will report his phantom trades on business-standard.com, which will be reflected immediately on business-standard.com. The stock price for transactions will be the BSE price available on the website, which is delayed by at least ten minutes. |
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| There is no limitation on trades except that the fund manager will have to hold a stock for seven calendar days. This is to prevent speculation. |
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| There is no limitation on the number of stocks a fund manager will hold in the portfolio. |
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| The returns will be calculated on a pre-tax basis, and the BSE 200 is the benchmark index. |
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(37.71%) 
(37.71%)
Post by Ravi Jabbi 
