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 we have seen extreme volatile movement in the Nifty Index. On the back of positive news from the US election Nifty crossed 24500 mark but not able to sustained it. FIIs are selling continuously since October 2024. The Nifty Index is now down 8% from the recent high of 26272. This week the Nifty Index closed at 24148. The Nifty Index is down around 6.2% in October. The Fed has cut the rate by 25 bps to 4.75%. The US market has touched all time high mark on back of Trump winning the election. The CPI inflation rate in India increased massively from 3.65% in August to 5.49% in September mainly due to the higher food price. RBI kept the repo rate unchanged at 6.5%. October 2024 saw 1.87 lakh crore in GST collected, a 8.2% YoY increase. US inflation dropped from 2.5% in August to 2.4% in September.
Weekly recap:
The Nifty IT Index has outperformed the Nifty Index and the Bank Nifty Index has underperformed the Nifty Index this week.This week, Nifty Midcap 100 Index is down -0.25 percent.
The Nifty Index is down -0.64 percent.
Key Levels for the Nifty Index
20 EMA - 24479
50 DMA - 25013
200 DMA - 23509
Open - 24315.75
Low - 23816.15
High - 24537.60
Close - 24148.20
Nifty closed below the 50 DMA and 20 EMA suggesting short term down trend in the Nifty Index.
Model 1 & Model 3
This week, Model 1 is down -0.53 percent and Model 3 is up +1.53 percent.
Model 1 has outperformed the Index by +0.11 percent and Model 3 has outperformed the Index by +1.78 percent respectively.
Nifty Long-Short
The Long-Short strategy for the Nifty Index has returned a Negative result of -2.61 percent this week.
Next Week Update
The Nifty Long-Short Strategy's current position is Short.
Long-term Performance Summary
Monthly Performance Summary of Models
*After brokerage and taxes, returns are determined at the performed deals.
In October 2024, Models 1 and 3 returned -9.80 percent, and -6.95 percent respectively, compared to the Nifty 50 Index's -6.22 percent return.
In October 2024, the Nifty Long-Short is up +12.87 percent.
For the Financial year 2023 - 2024 (1st April 2023 - 31st March 2024), Model 1, 3, and Nifty Long-Short returned +86.48%, +82.78%, and +36.20%, respectively, compared to the Nifty 50 Index's return of +28.61%.
Year To Date - 2024
Models 1, and 3 returned +24.90 percent, and +34.28 percent respectively, compared to Nifty's +11.12 percent return for 2024.
The Nifty Long-Short year-to-date return (from January 1, 2024) is now +51.83 percent, compared to the Index's +11.12 percent.
From July 12th, 2021, the Model 3 is up +132%, compared to 105% for the Nifty Midcap Index.
Summary since inception
Since its debut, Model 1 has increased by 297 percent. The Nifty index has risen by 124 percent over the same time span.
Since its debut, the Nifty long-short strategy has increased by 363 percent on capital and 672 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 operating since July 12, 2021.
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