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
This week, the Nifty Index remained volatile amid the US debt ceiling crisis though it was able to cross near the 18500 mark. India's CPI print for April comes at 4.7%, below the expectation. It is a good sign that Inflation moderating.
Nifty closed above the 20 EMA, 50 DMA, and 200 DMA.
Key Levels for the Nifty Index
20 EMA - 18167
50 DMA - 17717
200 DMA - 17817
Weekly recap:
The Nifty IT Index has outperformed the Nifty Index and Bank Nifty Index has underperformed the Nifty Index.
Nifty Midcap 100 Index is up +2.69 percent.
This week, the Nifty index is up +1.63 percent.
Open - 18201.10
Low - 18178.80
High - 18508.55
Close - 18499.35
Model 1, Model 2 & Model 3
This week, Model 1 is up +0.56 percent and Model 3 is up +0.35 percent.
Model 1 has underperformed the Index by -1.07 percent and Model 3 has underperformed the Index by -2.34 percent.
Nifty Long-Short
The Long-Short strategy for the Nifty Index has returned a negative result of -2.84 percent this week.
Next Week Update
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The Nifty Long-Short Strategy's current position is Long.
Long-term Performance Summary
Monthly Performance Summary of Models
*After brokerage and taxes, returns are determined at the actually performed deals.
In April 2023, Models 1, and 3 returned +11.30 percent, and +3.48 percent respectively, compared to the Nifty 50 Index's +4.06 percent return.
In April 2023, the Nifty Long-Short is up +8.78 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 -10.03 percent, and -10.24 percent respectively, compared to Nifty's +2.18 percent return for the year 2023.
The Nifty Long-Short year-to-date return (from January 1, 2023) is now -5.80 percent, compared to the Index's +2.18 percent.
From July 12th, 2021, the Model 3 is up +5%, compared to 22% for the Nifty Midcap Index.
Summary since inception
Since its debut, Model 1 has increased by 103 percent. The Nifty index has increased by 71 percent over the same time span.
Since its debut, the Nifty long-short strategy has returned 118 percent on capital and 219 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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