Our algorithm "Arihant"  Strategy is a family of multiple integrated strategies including Directional / Non-Directional / Credit / Debit / Positional / Intraday / Expiry day models that can help to make money in sideways, bull and bear markets. The mission is to combine multiple strategies that can be traded in various market conditions with respectable "alpha" to achieve a smoother equity curve over a period of time.


Arihant Edge:

  • Hedged Positions
  • Inbuilt Risk Management
  • Inbuilt Money Management
  • Combo of multiple Strategies
 
Overview:
  • We are trading using the same algo using our own capital too.
  • It is for BANKNIFTY weekly options.
  • It is always hedged, meaning no unlimited risk positions.
  • It is a set of multiple option strategies.
  • It is a mix of positional and intraday option strategies.
  • The capital can be a mix of equity, cash equivalent and cash (in the ratio of 50:35:15).
    • Example:
      • For capital of Rs 50 Lk
      • The equity portfolio can be a maximum of  50% (Rs 25 Lk after haircut)
      • Cash equivalent (FDR, Government bond or LIQUIDBeeS) can be around  35% (Rs 17.5 Lk after haircut)
      • Cash can be minimum of  15% (Rs 7.5 Lk)
  • Based on Backtest results:
    • All quarters are green since the inception of the BANKNIFTY weekly series (since 2016).
    • Expected Profit:  42% annually
    • Expected Max Drawdown:  14%
    • Do remember trading always carries risk.
  • Our algo runs on a hardened cloud server.
  • Currently integrated with one broker. In the future, we will add more.
  • Algo's strategy is open for subscription on a profit-sharing basis. Please see below for charges.

Highlights "Arihant" algo: 

Live Since

August 2021

Minimum Capital

₹ 40,00,000

Capital under "Arihant"

₹ 30 Cr +

Expected Drawdown

14%

Expected Returns

42%-45%

Strategy Risk profile

Always hedged

Upfront fee

₹ 0 (None)

Setup fee

₹ 0 (None)

Maintenance/AMC

₹ 0 (None)

Lock-in Period

None

Portfolio as collateral 

Yes

Pay only if algo perform

Yes

   

Back-test results for "Arihant" algo:

We have removed back-test details following the regulator's circular.

If you wish to know more about back-test details, feel free to contact us.

Live Performance results for "Arihant" algo:

We have removed live performance details following the regulator's circular.

If you wish to know more about live performance details, feel free to contact us.


"Algorithm as a Service" charges:

We are open to sharing our algorithm as a service (copy our trades only):

    • Upfront fee:
      • None, we don't charge any upfront fee.
    • Setup fee:
      • None (waived off), currently there is no setup fee. However in the future, for new subscribers, it may be applied.,
    • Maintenance fee/Annual Maintenance fee:
      • None (waived off), currently there is no maintenance fee. However in the future, for new subscribers, it may be applied.
    • Lock-in period:
      • None, there is no lock-in period. You may opt out as required. Although we request you to inform us at least 3 trading days in advance so that open trades can be closed.
    • Brokerage charges:
      • One most suited for our algo and least possible brokerage rate to you.
      • Our brokerages are per order instead of per lot, so you will save on brokerages.
      • However, regulatory and other charges will be there.
      • We recommend our algo subscribers to regularly check charges. If there are any discrepancies, please inform us and the brokering house immediately.
      • Once the account is opened, initially do manual trading (one positional and one intraday) to know how much brokerages are charged. Once you are satisfied, let us know to initiate a subscription to our algo.
      • You can fill up the KYC form to discuss the same and know more.

        • Subscription fee:
          • Only pay, if there is profit.
          • To simply, "Profit" will be based on the broker's Profit and Loss statement for the derivative (irrespective of whether it includes all charges or not, for example, few brokers do not consider STT in it). There is a small impact on profit, but it makes calculation much easier and is standard for all accounts.
          • We will not consider any other statements.
            For example, TAX or Capital Gain or Ledger or any other statements will not be considered as those are too complex. If you wish to consider those, then the profit sharing rate will increase by 2% (your base rate + 2%  extra).
          • Calendar Quarter end settled:  30%   20% of profit for the quarter + Tax  (non-negotiable)
          • If there is a loss in any quarter, losses will be carried forward.
          • The current discounted profit-sharing rate of 20%+Tax is for another few subscribers only.
          • The recommended minimum capital to start:  Rs 40 Lk (This will increase further in due course )
          • Calendar Quarterly settled.
         
         
        Subscription:

        If you wish to subscribe to our algo and coming to us without any references, then we will require more info about you.

        Contact us on our WhatsApp (+91.98202.00550) and we will share an online link to fill in the details.

        Once you fill in the details, we will do an internal assessment. Once it is successful, we will provide details for further actions.