Portfolio links
Model 1 Performance (To know more about it click here)
Model 2 Performance (To know more about it click here)
Nifty Future Long-Short Strategy Performance (To know more about it click here)
Weekly Portfolio performance chart
The markets remained uptrend this week except on Wednesday where the nifty index lost around 150 points within a span of 15 minutes. The Nifty 50 index touched a new all-time high. Volatility in the Indian stock market is reduced significantly as the VIX index is in the pre-covid range.
This week, Nifty is up by 0.82%. :)
The Nifty Index hit 15566.90 on the lower side and hit 15834.95 on the upper side and ended at 15805.10.
Model 1 & 2 outperformed the index by +0.20% and +2.22% respectively this week.
All three strategies have outperformed the Index this week.
The Nifty Index Long-Short strategy has ended up in green by +1.80%. It's year-to-date (From 1st Jan 2021) return now beats the index with 15.29% (28% on margin money) as compared to the 13% of the Index.
Model 1 and 2 are up 123.03% and 90.88% respectively from the inception at the same time the Nifty Index is up 46.25%.
The Nifty long-Short strategy is up around 91.56% and 169% on the margin money.
Model 1 and Model 2 both are live from 13th July 2020 while the Index Long-Short strategy has been live from 14th August 2020.
Both Model 1 & 2 have underperformed the Nifty Index in May 2021. We were in cash for the first two weeks of May and then we took a position once again from 10th May.
Nifty Long-Short is now on the path of recovering after two months of severe uncertainty as the market starts trending once again. It was up 8.59% in May and outperformed the Nifty Index.
Next Week Update:-
There is no change for Model 1 & 2 for the next week.
The current position for the Nifty Long-Short Strategy is Long.
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