Same engine. Same fifty stocks. Different sleeve. Different ride.
Pure equity Allcap and Allcap Multi Asset run the same Nifty Total Market universe, the same equal weighted equity sleeve, the same two week rebalance. The mix surrenders 4.45 pp of CAGR and buys back 98 days of recovery, a shallower hole, and over two points of volatility.
Five year backtest
CAGR
Max DD
Sharpe
Allcap Multi Asset
Eq 80 . Debt 10 . Gold 10
43.57pct
21.35pct
1.79
Allcap pure equity
Same fifty stocks . no debt or gold sleeve
48.02pct
22.70pct
1.77
Nifty 50 TRI
Benchmark
10.68pct
16.92pct
0.79
Trade . CAGR
.4.45pp
Mix gives up four and a half points of return per year vs pure equity.
Win . Recovery
98days
Recovered the deepest hole 21 pct faster. 371 vs 469 days.
Win . Drawdown
1.35pp
Hole shallower by over one and a third points. 21.35 vs 22.70 pct.
Win . Volatility
2.32pp
Annualised vol lower by 2.32 points. 21.51 vs 23.83 pct.
2025 . the year a multi asset mix earns its keep
Pure equity Allcap finished 2025 down 4.1 pct. The same equity sleeve inside the 80 . 10 . 10 mix finished down 1.7 pct. The ten and ten that looks lazy in the year of the rip cuts your bad year in half.
Allcap Multi Asset platform 5Y backtest 23 Apr 2021 to 27 Apr 2026 . Strategy 05 . Risk Metrics Report export. Past performance . backtest only . not a guarantee. Numbers will diverge in live tracking depending on inception date, slippage, and rebalance execution.