Performance Update

• After a RAGING RUN, we saw Nifty consolidating around the trendline (17700 – 17800 levels) which continues to remain an important resistance zone. FIIs & DIIs seem to have had a role reversal with the former on a buying spree and the latter seeing a bit of selling coming in the recent past.
• Nifty Next 50 has been on a dream run leading this uptrend with (+13.5%) gains in the last 3 months and is also up (+5%) in the Current FY 2023. Thanks to this phenomenal run, our very much loved Mi NNF 10 – which picks the top trending 10 stocks from Nifty Next 50 universe has been on a dream run too clocking a whopping (+18.5%) in last three months. Since recent bottom around mid June – the strategy is up a massive (+28%).

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