Protect your capital with crash hedges, cross-asset baskets, and safety rules — all SEBI compliant.
Educational content only. Downstox is not a SEBI-registered Research Analyst or Investment Advisor. Risk metrics, hedge baskets, option strikes, and backtests shown here are illustrative simulations — not recommendations to buy or sell any specific security. Consult a SEBI-registered advisor before investing. Past performance does not guarantee future returns.
Add holdings to unlock personalized risk metrics
Shield Score, VaR, Beta and Black Swan analysis activate once you connect a broker or import holdings. Meanwhile, you can explore Hedge SIP, Life Capital, Collar and Event Calendar tools below — they work without portfolio data.
Cross-Asset Hedge Baskets
New
Pre-built allocation templates inspired by smallcase. Mix equity with gold, bonds, and options to survive any market regime. Copy the allocation — you can execute each leg through your broker.
Filter by risk:
Gold Shield
The classic crisis hedge
Medium Risk
Volatility
62/100
Gold tends to rise when equity markets panic. Simple, no-derivatives combination that works for every investor.
Allocation
Equity (NIFTY / your stocks)
80% · NIFTYBEES
Gold ETF
20% · GOLDBEES
Historical Backtest
2020 COVID Crash
-38%-25.4%
2008 GFC
-55%-39.0%
2022 Ukraine War
-16%-10.4%
Normal bull year
+18%+16.0%
Annual drag
Free
Best for
Long-term SIP investors
Gold has a historically low correlation to equity and rises when the rupee weakens during crises.
Silver is more volatile than gold — rallies 1.5-2× harder during easy-money regimes, but also sees sharper industrial-demand drawdowns. Paired with a gold anchor for balance.
Allocation
Equity
70% · NIFTYBEES (example)
Silver ETF
20% · SILVERBEES / SILVERETF
Gold ETF
10% · GOLDBEES (example)
Historical Backtest
2020 COVID Crash
-38%-15.2%
2008 GFC
-55%-42.1%
2022 Ukraine War
-16%-12.1%
Normal bull year
+18%+15.9%
Annual drag
Free
Best for
Investors betting on monetary debasement + EV/solar industrial demand cycle
Silver is bimodal — it trades like gold (monetary hedge) during currency-easing cycles and like copper (industrial metal) during growth cycles. Gold anchors the purely-monetary-hedge portion.
REITs and InvITs pay 6-8% distribution yield and trade on different cycles than pure equity. Rental income cushions paper losses during corrections.
Allocation
Equity
55% · NIFTYBEES (example)
REITs (Indian)
25% · Embassy / Brookfield / Mindspace
InvITs (infra)
10% · IndiGrid / PowerGrid InvIT
Gold ETF
10% · GOLDBEES (example)
Historical Backtest
2020 COVID Crash
-38%-26.8%
2008 GFC
-55%-42.9%
2022 Ukraine War
-16%-6.6%
Normal bull year
+18%+13.9%
Annual drag
Free
Best for
Income-focused investors
REIT/InvIT distributions are driven by contracted rental/tolling income — largely decoupled from equity market sentiment. Provides yield + lower correlation.
The NIFTY Quality 30 index screens for ROE >15%, low debt, and stable earnings. Historically falls 20-30% less than NIFTY 50 in bear markets while keeping ~80% of the upside.
Allocation
Quality 30 equity factor
85% · NIFTY QUALITY 30 ETF
Short-duration bonds
15% · LIQUIDBEES / G-Sec ETF
Historical Backtest
2020 COVID Crash
-30%-25.2%
2008 GFC
-45%-37.5%
2022 Ukraine War
-10%-8.1%
Normal bull year
+16%+14.5%
Annual drag
~0.15%
Best for
Long-term wealth compounders
Quality stocks (high ROE, low leverage, stable margins) mathematically have smaller drawdowns because their earnings hold up in recessions. Compounding from a higher low beats the hare every 10-year cycle.
NIFTY 100 Low Volatility 30 picks the 30 least-volatile large caps. Historically captures ~75% of NIFTY upside with ~50% of its drawdowns — the academic "low vol anomaly".
Allocation
Low Volatility factor equity
85% · NIFTY100 LOWVOL30 ETF
Gold ETF
15% · GOLDBEES (example)
Historical Backtest
2020 COVID Crash
-28%-20.1%
2008 GFC
-45%-34.5%
2022 Ukraine War
-8%-5.0%
Normal bull year
+15%+13.9%
Annual drag
~0.15%
Best for
Capital preservation + equity exposure
Low-volatility stocks have historically earned higher risk-adjusted returns than high-vol peers — called the 'low volatility anomaly' (Ang-Hodrick-Xing 2006). Behavioral bias: investors overpay for 'exciting' stocks and underprice steady compounders.
INR has depreciated from ₹75 → ₹83 vs USD over 2022-24. Direct currency option exposure + USD-earning equities + gold (USD-linked) compound when the rupee weakens.
INR has structurally depreciated ~2-4% annually vs USD for 30+ years. During global risk-off, flight-to-USD amplifies the move — in 2008 INR fell 23%, in 2022 it fell 12%. USD/INR options, IT exposure, and gold all capture this through different mechanisms.
Long ATM put + short deep-OTM put creates a bounded hedge with 4-6× cheaper premium than naked puts. Trades max payoff for much lower drag in normal markets.
Allocation
Equity
95% · NIFTYBEES (example)
NIFTY Put Debit Spread (5%-15% OTM)
5% · Long NIFTY PE + Short deeper PE
Historical Backtest
2020 COVID Crash
-38%-11.1%
2008 GFC
-55%-27.3%
2022 Ukraine War
-16%-10.2%
Normal bull year
+18%+12.1%
Annual drag
~0.5%
Best for
Capital-constrained hedgers
By selling a deep-OTM put against your long put, you finance most of the hedge premium. You give up payoff BEYOND the short strike (rare tail events) but keep the fat middle of the downside distribution — which is where 90% of crashes actually land.
Banks crash harder than NIFTY (BANKNIFTY fell −46% in 2020 vs NIFTY −38%). For portfolios with meaningful banking exposure, deep-OTM BANKNIFTY puts are the targeted hedge.
Allocation
Equity (bank-tilted)
90% · Your banking holdings / BANKBEES
BANKNIFTY Deep OTM Puts (15% OTM)
10% · BANKNIFTY PE monthly
Historical Backtest
2020 COVID Crash
-46%+8.6%
2008 GFC
-60%+16.0%
2022 Ukraine War
-12%-10.8%
Normal bull year
+20%+10.0%
Annual drag
~0.8%
Best for
Bank-heavy investors (HDFC/ICICI/SBI holders)
Banking as a sector has 1.2-1.4× beta to NIFTY during crashes because bank credit quality deteriorates faster than corporate balance sheets. If your portfolio is bank-heavy, a BANKNIFTY put is the matched hedge — not a NIFTY put.
The 1970s pattern — low growth + high inflation — punishes both bonds and stocks. Gold, energy, and short-duration debt outperform. Calibrated against 2022 India stagflation window.
Allocation
Equity
50% · NIFTYBEES (example)
Gold ETF
20% · GOLDBEES (example)
Energy sector ETF / stocks
15% · ENERGYBEES or energy-sector ETF
Short-duration / floating-rate debt
15% · LIQUIDBEES / Floating-rate debt funds
Historical Backtest
2020 COVID Crash
-38%-18.0%
2008 GFC
-55%-28.5%
2022 Ukraine War
-16%+0.5%
Normal bull year
+18%+13.0%
Annual drag
Free
Best for
Investors worried about persistent inflation
Stagflation kills classic 60/40 — both stocks AND bonds fall. Gold is the monetary hedge, energy benefits from supply-driven price rises, short-duration debt avoids the interest-rate duration risk. Exactly the mix that outperformed in 1970s US and 2022 India.
Different metals respond to different cycles. Gold = monetary hedge, silver = industrial + monetary, copper = growth proxy, aluminum = weaker cycle indicator. Diversified metal basket.
Allocation
Equity
70% · NIFTYBEES (example)
Gold ETF
10% · GOLDBEES (example)
Silver ETF
10% · SILVERBEES / SILVERETF
Metal sector ETF (copper, alum, steel)
10% · METALBEES or BSE Metal
Historical Backtest
2020 COVID Crash
-38%-22.7%
2008 GFC
-55%-45.4%
2022 Ukraine War
-16%-9.1%
Normal bull year
+18%+15.9%
Annual drag
Free
Best for
Commodity cycle believers
Metals have low correlation to each other. Gold is counter-cyclical (flight-to-safety). Silver trades on both monetary AND industrial demand. Copper is the "Dr. Copper" growth indicator. Holding all three captures different macro regimes.
Mimics HDFC / ICICI Balanced Advantage funds — rebalances between equity, debt, and gold based on market valuations. Reduces equity when NIFTY P/E is rich, adds when cheap.
Allocation
Equity (variable 40-70%)
50% · NIFTYBEES (example)
Debt / bonds
40% · LIQUIDBEES / BHARATBOND
Gold ETF
10% · GOLDBEES (example)
Historical Backtest
2020 COVID Crash
-38%-15.5%
2008 GFC
-55%-23.0%
2022 Ukraine War
-16%-5.5%
Normal bull year
+18%+12.0%
Annual drag
Free
Best for
Hands-off investors who want automatic buy-low-sell-high mechanics
Valuation-based rebalancing forces counter-cyclical behavior: you're selling overvalued assets and buying undervalued ones without needing to time the market. Academic studies show annual rebalancing adds ~0.5-1% CAGR over buy-and-hold.
Backtest assumptions: Historical returns are approximate peak-to-trough blended returns using the allocation shown. Gold and bond returns are based on GOLDBEES/LIQUIDBEES ETF data during crisis periods. Actual results depend on entry timing, rebalancing frequency, and asset selection. Not investment advice — Downstox is not a SEBI-registered advisor.
[ PREMIUM ]
Cross-Asset Hedge Baskets
20 smallcase-style pre-built hedge templates with equity-curve simulations, historical backtests across 2008/2020/2022 crashes, and allocation breakdowns.
Free tier · unlocks all premium panels
Hedge SIP
Systematic crash protection starting at ₹500/month. Educational calculator for option-based hedging.
Metric
Monthly
Quarterly
Yearly
Rolls per year
12
4
1
Typical premium per roll
0.5-1% of portfolio
1.5-2.5%
5-7%
Annual cost estimate
6-12%
6-10%
5-7%
Protection duration
30 days
90 days
365 days
Transaction cost
High (12 rolls)
Medium (4 rolls)
Low (1 roll)
Best for
Active traders
Balanced
Long-term holders
Strike Moneyness
9% OTM
illustrative — check live chain
Annual Cost
—
of portfolio / year
Coverage Ratio
—
notional / portfolio
Payout @ −10% NIFTY
—
hypothetical
If NIFTY Drops — What You Get Back
Increase budget to see payouts
Your budget covers 0 lots at this cadence. Increase budget or switch to quarterly/yearly to see payout scenarios.
Hypothetical model. Hedges only pay when underlying falls past the strike. Actual payouts depend on live IV, bid-ask, exit timing.
Real Historical Crashes — Would Your Hedge Have Paid?
Crash
NIFTY Fall
Hypothetical Payout(% of portfolio)
Premium Spent(% of portfolio)
Net
2008 GFC / Lehman
NIFTY 6,357 → 2,252
−55%
0%
−2.4%
-2.4%
2018 IL&FS + EM Selloff
NIFTY 11,760 → 10,004
−15%
0%
−0.6%
-0.6%
2020 COVID-19 Crash
NIFTY 12,430 → 7,511
−40%
0%
−0.2%
-0.2%
2022 Ukraine + Rate Hikes
NIFTY 18,604 → 15,671
−16%
0%
−1.0%
-1.0%
Illustrative historical model — not a performance claim. Assumes a hypothetical hedge was active throughout each event at the budget & cadence shown. Actual outcomes depend on live strikes, IV, and timing.
Want to research this setup? Open your broker's NIFTY option chain and compare live premiums — Downstox does not place orders or recommend specific strikes.
Hedge SIP Calculator is an educational tool showing hypothetical option strategies. Options involve substantial risk and typically expire worthless in bull markets. Systematic hedging can result in consistent premium losses. Past performance does not guarantee future returns. Not investment advice.
Protective Put Calculator
Strike Moneyness
10% OTM
Premium Cost
~1.5% of notional
Lots needed
1
Total cost
₹9,188
% of portfolio
0.00%
Illustrative calculator only. Downstox does not recommend specific strikes or place orders. Actual premiums depend on live implied volatility, time to expiry, and market conditions. Research on your broker's option chain before any decision.
Collar Calculator (Zero-Cost Hedge)
Put strike (buy)
23300
Call strike (sell)
26950
Net cost (approx)
~₹0 net
Downside protected below
23300
Upside capped at
26950
Educational approximation. Actual put/call premiums rarely match exactly; "zero-cost" is nominal.
Long Vol Strategy — Profit From Monthly Drops
Asymmetric
Instead of treating hedging as a pure cost, deploy 1% of your portfolio every month into OTM puts. Roughly 3–4 months a year, the underlying falls 2%+ and your put premium spikes 3–10× — those months can cover the premium losses of bull months AND generate alpha during crashes.
Historical distribution avg. 2–3 win months cover the 8–9 loss months.
Strong bull year (2021 / 2023)-₹51,000
All puts decay. Max loss ≈ annual budget. Cost of crash insurance.
Why this works on NIFTY: Most liquid index options in India. Monthly expiry + weekly options available. OTM puts are convex — small drops give you 2-3×, deep crashes give you 10×+. The asymmetry makes monthly SIPs mathematically interesting even with negative expectancy in most years, because crash-year upside is uncapped.
Note: This is an educational model of how option premium multipliers behave across historical monthly return distributions. Real-world outcomes depend on entry IV, exit timing, liquidity, and transaction costs. Consult a SEBI-registered advisor before deploying capital.
Historical distributions approximate long-term Indian market data. Educational simulation only — Downstox does not recommend specific trades, strikes, or strategies. Not investment advice.
Important: Downstox is NOT a SEBI-registered Investment Adviser. All calculators, scores, and suggestions in the Risk tab are for educational purposes only. They do not constitute investment advice or recommendations to buy/sell securities. Options trading involves substantial risk and can result in complete loss of premium. Consult a SEBI-registered investment adviser before making investment decisions. Past performance of any strategy is not indicative of future returns.
Frequently Asked Questions
How does the consolidated portfolio tracker work?
The Downstox portfolio tracker lets you import holdings from multiple Indian brokers. Upstox holdings are imported automatically via OAuth (if you have connected your account). For other brokers like Groww, you can import a CSV file exported from the broker app. You can also add holdings manually. All holdings are combined into a single dashboard with live prices from Yahoo Finance, real-time P&L tracking, and automatic tax calculations.
How is the capital gains tax calculated?
Short-Term Capital Gains (STCG) apply to holdings held for less than 1 year and are taxed at 15% of the profit. Long-Term Capital Gains (LTCG) apply to holdings held for 1 year or more, with an exemption of up to Rs.1,00,000 per financial year, and the excess is taxed at 10%. The tracker automatically classifies each holding as STCG or LTCG based on the buy date and calculates the estimated tax. It also suggests tax loss harvesting opportunities where selling loss-making short-term holdings can offset taxable gains.
Can I switch brokers to save on margin costs?
Yes. The tracker fetches MTF (Margin Trading Facility) rates for all supported brokers and compares them against your current broker for each holding. If a cheaper broker exists, it shows the potential annual savings. For example, if you hold TATAMOTORS on Upstox at 75% margin but Groww offers it at 50% margin, the tracker calculates how much you would save on interest per year and recommends the switch.
Is my portfolio data private and secure?
Absolutely. All portfolio data is stored in your browser localStorage and never leaves your device. The only network requests made are: (1) fetching live stock prices from our Yahoo Finance proxy API, and (2) fetching MTF margin data for broker comparison. Your actual portfolio composition, quantities, and buy prices are never sent to any server.
Which brokers are supported?
Currently, Upstox is fully supported with automatic holdings import via OAuth. You just connect your Upstox account and your holdings appear instantly. Zerodha (via Kite Connect API), Dhan (via DhanHQ API), and Angel One (via SmartAPI) are coming soon. Groww does not have a public API, but you can export your holdings as CSV from the Groww app and import it here. Manual entry works for any broker.