Portfolio Links
Model 1 Performance (To know more about it click here)
Model 3 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
All of the gains from the previous four sessions were lost in the final two sessions of the week. On Friday, there was a significant global sell-off, mostly as a result of the SVB bank ALM mismatch problem. Likewise, the Fed chair's dovish commentary and hinting at a higher terminal rate than anticipated cool off the equity market.
Nifty closed below the 20 EMA, 50 DMA, and 200 DMA. Next week, bears will attempt to lower the Index below 17255.
Key Levels for the Nifty Index
20 EMA - 17630
50 DMA - 17825
200 DMA - 17434
Weekly recap:
Bank Nifty Index has underperformed and the Nifty IT Index has outperformed the Nifty Index.
Nifty Midcap 100 Index is up +0.06 percent.
The nifty index on the other hand was volatile and we saw negative movement.
This week, the Nifty index is down -1.03 percent.
Open - 17680.35
Low - 17326.00
High - 17799.95
Close - 17412.90
Model 1, Model 2 & Model 3
This week, Model 1 is up +1.86 percent, and Model 3 is down -0.69 percent.
Model 1 has outperformed the Index by +2.89 percent and Model 3 has underperformed the Index by -0.75 percent.
Nifty Long-Short
The Long-Short strategy for the Nifty Index has returned a negative result of -3.92 percent this week.
Next Week Update
Long-term Performance Summary
Monthly Performance Summary of models
*After brokerage and taxes, returns are determined at the actually performed deals.
In February 2023, Models 1, and 3 returned -6.26 percent, and -1.89 percent respectively, compared to the Nifty 50 Index's -2.03 percent return.
In February 2023, the Nifty Long-Short is down -1.74 percent.
For the year 2022 (1st January 2022 - 30 December 2021), Model 1, 3, and Nifty Long-Short returned -17.87%, -3.31%, and +31.43%, respectively, compared to the Nifty 50 Index's return of +4.27%.
Year To Date - 2023
Models 1, and 3 returned -12.62 percent, and -7.08 percent respectively, compared to Nifty's -3.82 percent return for the year 2023.
The Nifty Long-Short year-to-date return (from January 1, 2023) is now -10.95 percent, compared to the Index's -3.82 percent.
From July 12th, 2021, the Model 3 is up +9%, compared to 12% for the Nifty Midcap Index.
Summary since inception
Since its debut, Model 1 has increased by 97 percent. The Nifty index has increased by 61 percent over the same time span.
Since its debut, the Nifty long-short strategy has returned 106 percent on capital and 196 percent on margin money.
Model 1 has been operational since July 13, 2020, whereas the Index Long-Short strategy has been operational since August 14, 2020. Model 3 has been operational since July 12, 2021.
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