---
title: An Examination of Number of Holdings and Universe Size in Momentum Strategies: Evidence from India
url: https://www.ml-quant.com/papers/ssrn/4453680/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4453680
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4453680
featured: 2023-05-24
citations: 1
topic: Asset Pricing & Factors
---


# An Examination of Number of Holdings and Universe Size in Momentum Strategies: Evidence from India

An analysis of momentum strategies in India finds that concentrated portfolios offer better factor exposure but carry higher idiosyncratic risk and do not outperform on a risk-adjusted basis.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4453680
- Identifier: SSRN 4453680
- Released: 2023-05-18
- First featured: Quant Letter No. 1 (2023-05-24): https://www.ml-quant.com/issues/2023-05-24/
- Citations (Semantic Scholar): 1
- Published in: not yet
- Topic: Asset Pricing & Factors

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