US Top10

US Top10 is a momentum strategy portfolio that holds a concentrated group of stocks from the S&P 100. The rules are straightforward: stay invested in the shares showing the strongest price momentum relative to the rest of the index, and drop those whose trend weakens. It does not favour any sector or company size. Selection is based on relative strength alone. This portfolio is run by Weekend Investing, an independent research firm, and is offered on Vested as a third-party Managed Portfolio rather than a Vested-built one.

This portfolio may suit you if you are comfortable with a rules-based momentum approach and with holding a small number of stocks at any time. It appeals to investors who prefer a system to discretionary stock picking. It is less suitable if concentration worries you, or if you would find it hard to stay with a strategy through a stretch where it underperforms. Momentum strategies go through those, and leaving midway tends to capture the weak period without the recovery.

Yes. Resident Indians can invest in the US Top10 Portfolio through Vested under the RBI’s Liberalised Remittance Scheme (LRS), which currently allows you to remit up to USD 250,000 per financial year for overseas investments. You open a US investment account through Vested, complete a one-time KYC, and transfer money from your Indian bank account. The shares and ETFs are held in your own account in your name, not pooled in a fund, and you can sell and bring the money back to India whenever you want. Gains are taxable in India depending on how long you hold, so factor that into your planning.

The US Top10 Portfolio is reviewed every month, which is more often than other portfolios. It is also run to a rules-based momentum system by Weekend Investing that signals a change when a holding’s trend weakens. A review does not automatically mean a rebalance. The portfolio is only changed when the existing allocation no longer makes sense. Because this is a momentum strategy, it tends to change holdings more often than a buy-and-hold portfolio. Managed Portfolios are non-discretionary, so nothing is bought or sold in your account on its own: you are notified when a change is recommended and you decide whether to approve it. There are no brokerage or transaction charges on those trades.

Because running a momentum system yourself means ranking the index regularly and acting on the results without second-guessing them, which is harder in practice than it sounds. A Managed Portfolio does that groundwork for you: Weekend Investing decides which companies go in, how much weight each one gets, and when something should change. You still own the actual shares and ETFs in your own US account, so you can see exactly what you hold, and this is not a fund unit. It also helps with a problem most people run into on their own, which is quietly ending up with far too much money in one stock. You pay an annual advisory fee on the amount you invest, with no purchase fee, no brokerage on rebalancing trades and no exit load. None of this stops you buying individual US stocks on Vested as well, if you want to do both.

Momentum strategies can turn quickly. When market leadership changes, momentum portfolios can give back gains quickly, because they are by design holding whatever has already run. The portfolio is concentrated in a small number of large-cap stocks, so single-company news matters more than in a diversified holding. The rules-based approach means more frequent changes than a buy-and-hold portfolio. Any backtested or historical record shown for this strategy is not a forecast. The advisory fee for this portfolio is higher than for most others on Vested, and the current rate is on the fee schedule. Vested tags it as high risk. Because the holdings are priced in US dollars, your returns in rupees also depend on how the rupee moves against the dollar over the period you stay invested.

There are five steps. First, sign up on Vested and complete your KYC, a one-time process to open your US investment account. Second, add money by remitting from your Indian bank account under the LRS route. Third, open the US Top10 Portfolio and read through its holdings, risk tag and fee before you commit. Fourth, invest the amount you want. You can start small and add to it over time, and there is no lock-in. Fifth, review it periodically and approve or decline any rebalancing recommendation you are sent. You can withdraw at any time without an exit load.