Clarification on MIP-15 Rebalance and SIP Fund Utilization

[Abdul Wasay-1744573211613]

Hi Team,

I’m following the MI: GSec Filter (MIP-15) strategy with a monthly SIP and my rebalance date is set to the 27th of every month.

Last month (27th September)which was my first month, the strategy did not execute because the Nifty 500 / Nifty GS Composite ratio was below its 20 EMA, which I understand is expected behavior when the market trend filter turns bearish.

However, when I checked today (26th October), the ratio is now above the 20 EMA, but my stock basket is still showing as empty. Since today is Sunday, I wanted to confirm —
shouldn’t the basket be created based on Friday’s closing prices (25th October) and be ready for execution tomorrow (27th October)?

Additionally, I’d like to understand how unused SIP funds are handled. Since no stocks were bought in the previous rebalance, will the funds from last month be combined with this month’s allocation and invested together in the shortlisted stocks during the upcoming rebalance?

Thanks in advance for your help in clarifying these points.

Best regards,
A.Wasay