Actually drawdown was low with NIFTY 50, without expenses, but the returns are very low and it will just go way with commission and slippage. So, once you lose a couple of good days, you would be in deep drawdown. One upside is increased leverage but with retail traders, its not a risk worth taking.
For other universe, though the drawdown is a bit higher, the upside is more due to increased beta. Infact, you would hit more stops but the profits will more than compensate for it
For other universe, though the drawdown is a bit higher, the upside is more due to increased beta. Infact, you would hit more stops but the profits will more than compensate for it