Follow three simple steps to participate in this championship.
Sign up on Vested
Create your DIY Vest
Submit your entry
Winner: Week 1 - Gaurav Mehta
Winner: Week 2 - Kshitiz
In Lead: Week 3 - Deepanshu Bhalla
|2||Naman Mitruka 2022H2 Market||27.95%||2|
|3||Pomila Samuel Cyber||23.16%||1|
|4||Sanish Samuel Dr Strange||20.98%||1|
|5||Samay Kumar Singh GROWMORE||17.22%||1|
|7||Darshan S J Vest2||12.96%||0|
|8||Anandeep Kaur heavy driver||12.80%||0|
|9||Dhruv Joshi TopVest4||11.98%||0|
|10||Somana Venkata Sai Krishna Rupesh NMGA||10.82%||0|
Note: The leaderboard will be updated daily by 1 PM IST.
Winner (9th August, 2022): MD Danish
|MD Danish TECH||505||1,125||5,432|
|Daksh Khandelwal Value for Money||72||645||3,669|
|Harshil Shah HarMix||62||173||3,871|
|Samay Singh GROWMORE||26||42||7,473|
Note: The leaderboard will be updated daily by 1 PM IST and we will only consider unique page views to decide the daily prize winner.
What can you win?
Weekly Rewards10 prizes every week!
DIY Vest Championship
$2,70020 prizes in total
Daily RewardsOne Vest takes away $15 each day!
Championship ground rules
Users can have multiple Vests. This is not a team event.
Existing Vests are not part of the event by default. Participants must submit an entry if they wish to enter the championship with an existing Vest. Simply submit your Vest using the registration form.
Rebalancing can be done once a week. For each additional rebalance, the participant’s rank drops by one.
A single Vest can have a maximum of 10 stocks.
How will the weekly and championship winners be decided?
The Vest with the highest final returns wins.
If multiple players are tied for the highest final returns, then the Vest with the longer time frame wins.
If the time frame is same, then the Vest with fewer number of rebalances wins.
If the number of rebalances are the same, then the Vest with more scripts wins.
If the number of scripts in the Vest is the same, then the Vest with the most number of views wins.
If the numbers of views are the same, then it will be deemed a tie, and the prizes will be split.
The Vest with the highest number of new daily views will get $15. In the scenario where multiple Vests have the same views, then the prize will be split.
Total Weekly Prizes
|4th to 10th||$20|
|Total amount per week||$500|
|4th to 20th||$50|
Is this a paid event?
No, this is a free event. Participants need to sign-up on the Vested platform, create Vest and submit the Vest entry.
What is the duration of the champioship?
This championship will last for four weeks starting July 25, 2022. However, you can create your Vest and submit your entry starting July 20, 2022.
How will I get my winnings?
Winnings will be credited to the participant’s Vested account. The participant can use those winnings to invest in the US markets or choose to withdraw. The amount will be credited to the participant’s Vested account within 7 business days once the winner is announced. Detailed terms and conditions related to withdrawal can be found here.
The winner is responsible for all taxes and fees associated with prize receipt and/or usage (investment or withdrawal). Participants are requested to go through the pricing structure.
What does rebalance consist of?
The participant can rebalance the entire Vest once a week without attracting any penalty. If the participant rebalances more than once a week, then their rank will be affected.
For every additional rebalance, the participant’s new rank will drop by one (new rank = old rank + 1).
I am using Vested. Do I need to sign up again?
No. If you are using Vested to manage your US market investments, excellent! You don’t need to sign up again.
If you already have an account, log in to your account, create your Vest, and submit it. This will confirm your entry in the championship. You do not need to fund your account to participate in the championship, but you are advised to complete your KYC as only after KYC you will be able to invest or withdraw your winnings, if any.
Can a single participant win more than one prize?
Yes, a participant can win daily, weekly, and the main championship prizes with the Vest(s) submitted.
Can I share Vests using social media?
Yes, of course. You can share your DIY Vest in your network using any social media platform. Tag @Vested and use the hashtag #diyvest. Sharing increases your views, thereby increasing your chances of winning daily prizes.
Where can I find detailed terms and conditions?
DIY Vest Championship terms and conditions can be found here.
When will the leaderboard be updated?
Daily and weekly leaderboards will be updated daily by 11 PM IST.
Where can I find more details about DIY Vest?
Watch the video to learn more about DIY Vest.