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 maintained the 18000 mark and closed above it. The Nifty Index was under pressure on Friday as a result of the news of the MSCI rebalances and the sharp decline in the HDFC twins. The Fed rate has been raised by 25 basis points to 5-5.25% by the FED. Small local banks are feeling the pressure. The good news is that the Fed has signaled a halt in the cycle of rate hikes and a potential reversal.
Nifty closed above the 20 EMA, 50 DMA, and 200 DMA.
Key Levels for the Nifty Index
20 EMA - 17820
50 DMA - 17524
200 DMA - 17695
Weekly recap:
The Nifty IT Index has outperformed the Nifty Index while Bank Nifty Index has underperformed the Nifty Index.
Nifty Midcap 100 Index is up +1.11 percent.
This week, the Nifty index is up +0.02 percent.
Open - 18124.80
Low - 18042.40
High - 18267.45
Close - 18069.00
Model 1, Model 2 & Model 3
This week, Model 1 is up +5.24 percent, and Model 3 is up +0.89 percent.
Model 1 has outperformed the Index by +5.22 percent and Model 3 has underperformed the Index by -0.22 percent.
Nifty Long-Short
The Long-Short strategy for the Nifty Index has returned a positive result of +1.45 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 -4.39 percent, and -7.95 percent respectively, compared to Nifty's -0.20 percent return for the year 2023.
The Nifty Long-Short year-to-date return (from January 1, 2023) is now -4.70 percent, compared to the Index's -0.20 percent.
From July 12th, 2021, the Model 3 is up +8%, compared to 17% for the Nifty Midcap Index.
Summary since inception
Since its debut, Model 1 has increased by 116 percent. The Nifty index has increased by 67 percent over the same time span.
Since its debut, the Nifty long-short strategy has returned 120 percent on capital and 222 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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