The Public Ledger 01
Portfolio Ledger — Issue 01
1 July 2026
Welcome to Arthaay
Thank you for joining us at the very beginning of Arthaay.
Most financial platforms in India offer an abundance of opinions, market commentary, and stock ideas. Yet very few maintain a publicly verifiable, timestamped record of their actual investment decisions.
Arthaay was created to change that.
Rather than asking readers to trust our opinions, we believe credibility should be earned through transparent execution. Every investment decision, portfolio allocation, and even every mistake is documented and made publicly verifiable.
Our objective is simple: build and publish a fully auditable record of one investor’s long-term asset allocation journey.
Our Investment Framework
The portfolio follows a disciplined Core & Satellite allocation strategy.
Core Allocation consists of broad-market index funds and ETFs designed to capture long-term market returns through systematic investing with minimal intervention. At present, this allocation is represented by the MON100 ETF.
Satellite Allocation consists of carefully selected individual businesses and real estate investment trusts backed by long-term conviction and detailed fundamental research.
By separating these two allocations, we can clearly distinguish passive market exposure from active investment decisions while tracking both with complete transparency.
Portfolio Performance
- Inception Date: February 12, 2026
- Reporting Date: June 30, 2026
- Total Capital Deployed: ₹58,328
- Current Portfolio Value: ₹61,862
- Absolute Gain: +₹3,534
- Portfolio XIRR: ~27.8% p.a.*
*XIRR represents the annualized return after considering the timing of every investment. As this portfolio is still in its early stages with a relatively small capital base, returns are expected to moderate as additional capital is deployed over time. Past performance is not indicative of future results.
Live Portfolio Dashboard
Our Live Portfolio Dashboard provides a complete snapshot of the portfolio as of the reporting date, including current holdings, allocation, performance, and overall portfolio composition.
We designed this dashboard to make it easy to understand exactly where capital is invested without having to navigate spreadsheets or lengthy reports.
For readers who wish to verify every figure independently, the Portfolio Holdings page contains the current live positions. Every transaction — including purchase dates, quantities, brokerage, taxes, regulatory charges, cash flows, and portfolio rationale — remains permanently timestamped and publicly verifiable.
Nothing is edited after the fact.
Our Commitment to Transparency
Transparency means documenting mistakes — not just successes.
On February 17, 2026, we deviated from our long-term investment framework by executing a short-term intraday trade in the MON100 ETF. The trade resulted in a net loss of ₹135 after charges.
Although financially small, it reinforced an important lesson: disciplined investing — not short-term trading — is the foundation of this portfolio.
That transaction remains permanently recorded in the public ledger alongside every successful investment and every future mistake.
What to Expect
Arthaay is published twice each month.
1st of every month — Live portfolio dashboard, performance update, asset allocation changes, and portfolio observations.
15th of every month — An in-depth research note covering an Indian business, industry, or asset class from a long-term investment perspective.
Our goal is not to predict markets. Our goal is to build a long-term public record of disciplined investing — one that anyone can verify, learn from, and hold us accountable to.
Thank you for being part of the journey from the very beginning.