--- title: "Learn Systematic Investing | RupeeCase" description: "Free courses on Indian markets, systematic investing, factor investing and quant portfolios. 11 paths, 70 modules, certificate on completion." source_url: "https://www.rupeecase.com/learn/" --- [Resume Continue where you left off →](/learn/) Curriculum Module Directory Coming Soon [Tools](/learn/tools.html) About FAQ RupeeCase Education Hub · QC Alpha · Tanmay Kurtkoti # Learn systematic investing. Stop guessing. Start with evidence. Most retail investors hold an opinion. The ones who compound hold a process. 11 paths. 70 modules. The full curriculum for systematic investing in Indian markets, free. 11 Paths live now 70 Modules published 13 Paths planned Written by Tanmay Kurtkoti Founder & CEO, RupeeCase · QC Alpha 16+ years systematic trading “I built this because the investing education I needed when I started simply didn’t exist for Indian markets. No US theory rephrased. Just evidence, Indian data, and what actually works.” Welcome back You have finished 0 of 70 modules across the curriculum Pick up right where you left off, most learners come back for 10 minutes a day and finish a full path in under a month. Resume learning 0% Complete Learning streak 0days Recent wins Not sure where to start? [I'm completely new](path-1/module-1-1-how-indian-stock-markets-work.html) [I know equities, teach me derivatives](path-6/module-6-1-equity-shares-structure-rights-corporate-actions.html) [I want to build strategies](path-8/) Pillar guides Five topic clusters if you prefer themes to paths [Systematic InvestingPaths 2, 3, 5 · 18 modules](/learn/systematic-investing.html) [Indian MarketsPaths 1, 6 · 14 modules](/learn/indian-markets.html) [Portfolio ConstructionPaths 4, 10 · 11 modules](/learn/portfolio-construction.html) [Behaviour + BusinessPaths 8, 9 · 13 modules](/learn/behaviour-and-business.html) [Macro, Tax, RegulationPaths 7, 11 · 14 modules](/learn/macro-tax-regulation.html) Full Curriculum · rupee-case · QC Alpha ## Choose your learning path 11 comprehensive paths from market basics to advanced quant methods. All live now. Each path ends with a 30-question test. Pass to earn your certificate. All paths Beginner Intermediate Advanced Expert PATH 01LIVE Market Foundations Start here if you have never read OHLC data or never calculated what a trade actually costs you after STT, brokerage, and GST. The plumbing of Indian equity markets, end to end. 5 modules · ~55 min total · Updated 29 Apr 2026 First module: [How Indian Stock Markets Work](/learn/path-1/module-1-1-how-indian-stock-markets-work.html) Beginner5 modules · ~60 min [Start here →](/learn/path-1/module-1-1-how-indian-stock-markets-work.html) View modules * Understand how NSE, BSE, SEBI, and depositories work together * Read OHLCV data, candlestick charts, and volume patterns * Interpret balance sheets, P&L statements, and cash flow * Calculate real trading costs including STT, brokerage, and taxes [1.1How Indian Stock Markets Work→](/learn/path-1/module-1-1-how-indian-stock-markets-work.html) [1.2Understanding Stock Data→](/learn/path-1/module-1-2-understanding-stock-data.html) [1.3Indices and Benchmarks→](/learn/path-1/module-1-3-indices-and-benchmarks.html) [1.4Reading Financial Statements→](/learn/path-1/module-1-4-reading-financial-statements.html) [1.5Orders, Costs, and Taxation→](/learn/path-1/module-1-5-orders-costs-taxation.html) PATH 02LIVE Systematic Investing Fundamentals The case for rules over gut, with the math. What a factor actually is, which risk metrics matter, and what a backtest can and cannot prove. 5 modules · ~50 min total · Updated 29 Apr 2026 First module: [Why Rules Beat Gut Feeling](/learn/path-2/module-2-1-why-rules-beat-gut-feeling.html) Intermediate5 modules · ~75 min [Start Path 2 →](/learn/path-2/module-2-1-why-rules-beat-gut-feeling.html) View modules * Understand why systematic strategies outperform discretionary ones * Identify the 5 classic factor premia: Value, Momentum, Quality, Size, Low-Vol * Calculate Sharpe, Sortino, max drawdown, alpha, and beta * Design and critically evaluate a backtest [2.1Why Rules Beat Gut Feeling→](/learn/path-2/module-2-1-why-rules-beat-gut-feeling.html) [2.2Introduction to Factors→](/learn/path-2/module-2-2-introduction-to-factors.html) [2.3Risk Metrics That Matter→](/learn/path-2/module-2-3-risk-metrics-that-matter.html) [2.4How Backtesting Works→](/learn/path-2/module-2-4-how-backtesting-works.html) [2.5Building Your First Strategy→](/learn/path-2/module-2-5-building-your-first-strategy.html) PATH 03LIVE Factor Investing Deep Dive Value, Momentum, Quality, Size, Low Volatility. Eight modules of evidence for each factor in Indian markets, plus how to stack them without double-counting. 8 modules · ~88 min total · Updated 29 Apr 2026 First module: [The Momentum Factor](/learn/path-3/module-3-1-momentum-factor-deep-dive.html) Intermediate8 modules · ~120 min [Start Path 3 →](/learn/path-3/module-3-1-momentum-factor-deep-dive.html) View modules * Analyse each factor individually: Momentum, Value, Quality, Low-Vol, Size * Evaluate Indian-market evidence for every factor premium * Construct multi-factor portfolios with signal mixing * Understand factor timing, cyclicality, and regime shifts [3.1Momentum Factor Deep Dive→](/learn/path-3/module-3-1-momentum-factor-deep-dive.html) [3.2Value Factor Deep Dive→](/learn/path-3/module-3-2-value-factor-deep-dive.html) [3.3Quality Factor Deep Dive→](/learn/path-3/module-3-3-quality-factor-deep-dive.html) [3.4Low Volatility Factor Deep Dive→](/learn/path-3/module-3-4-low-volatility-factor-deep-dive.html) [3.5Size Factor Deep Dive→](/learn/path-3/module-3-5-size-factor-deep-dive.html) [3.6Combining Factors: Multi-Factor Construction→](/learn/path-3/module-3-6-combining-factors-multi-factor-construction.html) [3.7Factor Timing and Cycles→](/learn/path-3/module-3-7-factor-timing-and-cycles.html) [3.8Factor Investing: India Evidence→](/learn/path-3/module-3-8-factor-investing-india-evidence.html) PATH 04LIVE Portfolio Construction How to size positions, when to rebalance, how to measure if the portfolio is actually working, and how to keep risk where you intended it. 5 modules · ~55 min total · Updated 29 Apr 2026 First module: [Modern Portfolio Theory](/learn/path-4/module-4-1-modern-portfolio-theory.html) Advanced5 modules · ~90 min [Start Path 4 →](/learn/path-4/module-4-1-modern-portfolio-theory.html) View modules * Build an efficient frontier and understand diversification mathematically * Apply equal-weight, inverse-volatility, and Kelly position sizing * Design calendar, threshold, and tax-aware rebalancing rules * Measure portfolio performance with Sharpe, Sortino, and attribution [4.1Modern Portfolio Theory→](/learn/path-4/module-4-1-modern-portfolio-theory.html) [4.2Position Sizing→](/learn/path-4/module-4-2-position-sizing.html) [4.3Rebalancing Strategies→](/learn/path-4/module-4-3-rebalancing-strategies.html) [4.4Performance Measurement→](/learn/path-4/module-4-4-performance-measurement.html) [4.5Risk Management→](/learn/path-4/module-4-5-risk-management.html) PATH 05LIVE Advanced Quant Methods The hard part. Statistics that hold up, time series done correctly, where ML actually helps, and how to build strategies that survive outside the backtest. 5 modules · ~40 min total · Updated 29 Apr 2026 First module: [Statistical Foundations](/learn/path-5/module-5-1-statistical-foundations.html) Expert5 modules · ~120 min [Start Path 5 →](/learn/path-5/module-5-1-statistical-foundations.html) View modules * Apply distributions, hypothesis testing, and regression to market data * Detect stationarity, regime shifts, and ARIMA patterns in time series * Use ML for feature engineering while avoiding overfitting * Build walk-forward validated strategies that survive out-of-sample [5.1Statistical Foundations→](/learn/path-5/module-5-1-statistical-foundations.html) [5.2Time Series Analysis→](/learn/path-5/module-5-2-time-series-analysis.html) [5.3Machine Learning for Alpha→](/learn/path-5/module-5-3-machine-learning-for-alpha.html) [5.4Alternative Data: India→](/learn/path-5/module-5-4-alternative-data-india.html) [5.5Out-of-Sample Strategies→](/learn/path-5/module-5-5-out-of-sample-strategies.html) PATH 06LIVE Indian Financial Markets: Product Universe Every product an Indian investor can actually buy. Equity, IPOs, mutual funds, ETFs, derivatives, bonds, REITs, InvITs, gold, international. What each is for and what it costs. 9 modules · ~81 min total · Updated 29 Apr 2026 First module: [Equity Shares](/learn/path-6/module-6-1-equity-shares-structure-rights-corporate-actions.html) Intermediate9 modules · ~140 min [Start Path 6 →](/learn/path-6/module-6-1-equity-shares-structure-rights-corporate-actions.html) View modules * Compare every Indian investment product: equities, MFs, ETFs, bonds, REITs * Understand IPO book building, grey market premiums, and SEBI listing rules * Evaluate derivatives mechanics: F&O margins, settlement, and hedging * Build global exposure through international funds and commodities [6.1Equity Shares: Structure, Rights, Corporate Actions→](/learn/path-6/module-6-1-equity-shares-structure-rights-corporate-actions.html) [6.2IPOs and New Listings→](/learn/path-6/module-6-2-ipos-new-listings.html) [6.3Mutual Funds: Structure, Types, Costs→](/learn/path-6/module-6-3-mutual-funds-structure-types-costs.html) [6.4ETFs: How They Work→](/learn/path-6/module-6-4-etfs-how-they-work.html) [6.5Index Funds vs ETFs vs Active→](/learn/path-6/module-6-5-index-funds-vs-etfs-vs-active.html) [6.6Derivatives: Futures and Options→](/learn/path-6/module-6-6-derivatives-futures-options.html) [6.7Bonds and Fixed Income in India→](/learn/path-6/module-6-7-bonds-fixed-income-india.html) [6.8REITs and InvITs→](/learn/path-6/module-6-8-reits-invits.html) [6.9Gold, Commodities, and International→](/learn/path-6/module-6-9-gold-commodities-international.html) PATH 07LIVE Macroeconomics for Indian Investors What moves the index when no single stock is the story. GDP, RBI policy, inflation, FII flows, the Budget, the earnings cycle, the credit cycle, and how to read the regime you are actually in. 8 modules · ~80 min total · Updated 29 Apr 2026 First module: [How to Read the Indian Economy](/learn/path-7/module-7-1-how-to-read-indian-economy-key-indicators.html) Intermediate8 modules · ~120 min [Start Path 7 →](/learn/path-7/module-7-1-how-to-read-indian-economy-key-indicators.html) View modules * Read and interpret GDP, IIP, PMI, and leading economic indicators * Understand RBI rate cycles, CRR/SLR, and monetary transmission * Track FII/DII flows and their impact on Indian equities * Identify macro regimes and position portfolios accordingly [7.1How to Read the Indian Economy: Key Indicators→](/learn/path-7/module-7-1-how-to-read-indian-economy-key-indicators.html) [7.2RBI Monetary Policy and Interest Rates→](/learn/path-7/module-7-2-rbi-monetary-policy.html) [7.3Inflation: Types, Measurement, Investment Impact→](/learn/path-7/module-7-3-inflation-types-measurement-investment-impact.html) [7.4INR, FII Flows, and Global Linkages→](/learn/path-7/module-7-4-inr-fii-flows-global-linkages.html) [7.5Government Budget, Fiscal Policy, Market Impact→](/learn/path-7/module-7-5-government-budget-fiscal-policy-market-impact.html) [7.6Corporate Earnings Cycle in India→](/learn/path-7/module-7-6-corporate-earnings-cycle-india.html) [7.7Credit Cycle and NBFC Sector→](/learn/path-7/module-7-7-credit-cycle-nbfc-sector.html) [7.8Macro Regime Investing→](/learn/path-7/module-7-8-macro-regime-investing.html) PATH 08LIVE Behavioural Finance and Investor Psychology The mistakes you will make even after you know better. Loss aversion, herd behaviour, the disposition effect, and how a rules-based process protects you from the worst of them. 6 modules · ~54 min total · Updated 29 Apr 2026 First module: [Why Investors Lose](/learn/path-8/module-8-1-why-investors-lose-introduction-to-behavioural-finance.html) Beginner to Int6 modules · ~90 min [Start Path 8 →](/learn/path-8/module-8-1-why-investors-lose-introduction-to-behavioural-finance.html) View modules * Identify loss aversion, prospect theory, and why losses hurt 2x more * Recognise anchoring, confirmation bias, and overconfidence in your own decisions * Understand herd behaviour and how it drives market bubbles * Build checklists and rules-based systems that remove emotional decisions [8.1Why Investors Lose: Introduction to Behavioural Finance→](/learn/path-8/module-8-1-why-investors-lose-introduction-to-behavioural-finance.html) [8.2Loss Aversion and Prospect Theory→](/learn/path-8/module-8-2-loss-aversion-and-prospect-theory.html) [8.3Cognitive Biases: Overconfidence, Anchoring, Recency→](/learn/path-8/module-8-3-cognitive-biases-overconfidence-anchoring-recency.html) [8.4Herd Behaviour and Market Bubbles→](/learn/path-8/module-8-4-herd-behaviour-and-market-bubbles.html) [8.5Disposition Effect and How to Beat It→](/learn/path-8/module-8-5-disposition-effect-and-how-to-beat-it.html) [8.6Building Systems That Protect You from Yourself→](/learn/path-8/module-8-6-building-systems-that-protect-you-from-yourself.html) PATH 09LIVE Corporate Finance and Business Analysis How to read a business the way an analyst does. Moats, revenue quality, earnings quality, capital allocation, leverage, management, and the annual report that tells you which ones are real. 7 modules · ~63 min total · Updated 29 Apr 2026 First module: [Competitive Moats](/learn/path-9/module-9-1-competitive-moats-understanding-durable-advantage.html) Intermediate7 modules · ~110 min [Start Path 9 →](/learn/path-9/module-9-1-competitive-moats-understanding-durable-advantage.html) View modules * Identify the 4 types of competitive moats and assess their durability * Distinguish recurring revenue from one-time gains and detect earnings manipulation * Evaluate capital allocation: reinvestment, dividends, buybacks, M&A * Build a complete business analysis framework from annual reports [9.1Competitive Moats: Understanding Durable Advantage→](/learn/path-9/module-9-1-competitive-moats-understanding-durable-advantage.html) [9.2Revenue Quality and Earnings Quality→](/learn/path-9/module-9-2-revenue-quality-and-earnings-quality.html) [9.3Capital Allocation: The Most Important Skill→](/learn/path-9/module-9-3-capital-allocation-the-most-important-skill.html) [9.4Leverage, Debt, and Financial Risk→](/learn/path-9/module-9-4-leverage-debt-and-financial-risk.html) [9.5Management Quality: How to Assess It→](/learn/path-9/module-9-5-management-quality-how-to-assess-it.html) [9.6Reading Annual Reports for Investors→](/learn/path-9/module-9-6-reading-annual-reports-for-investors.html) [9.7Putting It Together: Business Analysis Framework→](/learn/path-9/module-9-7-putting-it-together-business-analysis-framework.html) PATH 10LIVE Strategy Implementation and Execution What happens between the signal and the fill. Microstructure, slippage, algo execution in India, live monitoring, paper to real money, and how to scale without breaking the strategy. 6 modules · ~72 min total · Updated 29 Apr 2026 First module: [Market Microstructure India](/learn/path-10/module-10-1-how-orders-actually-work-market-microstructure-india.html) Advanced6 modules · ~95 min [Start Path 10 →](/learn/path-10/module-10-1-how-orders-actually-work-market-microstructure-india.html) View modules * Understand NSE order book mechanics, tick sizes, and impact cost * Calculate the complete Indian trading cost stack * Navigate SEBI algo trading regulations and API execution * Master the paper-to-live transition and portfolio rebalancing [10.1How Orders Actually Work: Market Microstructure India→](/learn/path-10/module-10-1-how-orders-actually-work-market-microstructure-india.html) [10.2The Real Cost of Trading: Slippage & Transaction Costs→](/learn/path-10/module-10-2-the-real-cost-of-trading-slippage-and-transaction-costs.html) [10.3Systematic Execution in India: APIs, Algos & SEBI Rules→](/learn/path-10/module-10-3-systematic-execution-in-india-apis-algos-and-sebi-rules.html) [10.4Paper Trading to Live: The Hardest Transition→](/learn/path-10/module-10-4-paper-trading-to-live-the-hardest-transition.html) [10.5Portfolio Monitoring & Rebalancing in Practice→](/learn/path-10/module-10-5-portfolio-monitoring-and-rebalancing-in-practice.html) [10.6Scaling: When Your Strategy Meets Capacity→](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity.html) PATH 11LIVE Tax and Regulatory Framework Equity tax after July 2024, MF/ETF/SGB rules, tax-loss harvesting that actually saves money, SEBI algo regulations, and how to reconcile your AIS without panic in March. 6 modules · ~66 min total · Updated 29 Apr 2026 First module: [Equity Taxation After July 2024](/learn/path-11/module-11-1-equity-taxation-after-july-2024-the-new-rules.html) Intermediate6 modules · ~90 min [Start Path 11 →](/learn/path-11/module-11-1-equity-taxation-after-july-2024-the-new-rules.html) View modules * Master equity taxation under the July 2024 Budget rules * Understand tax treatment for MFs, ETFs, SGBs, bonds, and F&O * Implement tax-loss harvesting and reconcile AIS/TIS * Build tax-efficient portfolios that maximize after-tax returns [11.1Equity Taxation After July 2024 | The New Rules→](/learn/path-11/module-11-1-equity-taxation-after-july-2024-the-new-rules.html) [11.2Tax Treatment: MFs, ETFs, SGBs, Bonds & F&O→](/learn/path-11/module-11-2-tax-treatment-mfs-etfs-sgbs-bonds-and-fno.html) [11.3Tax-Loss Harvesting for Systematic Investors→](/learn/path-11/module-11-3-tax-loss-harvesting-for-systematic-investors.html) [11.4SEBI Regulatory Framework: What Every Investor Must Know→](/learn/path-11/module-11-4-sebi-regulatory-framework-what-every-investor-must-know.html) [11.5AIS, TIS & ITR: Reconciling Your Capital Gains→](/learn/path-11/module-11-5-ais-tis-and-itr-reconciling-your-capital-gains.html) [11.6Tax-Efficient Portfolio Construction→](/learn/path-11/module-11-6-tax-efficient-portfolio-construction.html) Coming Soon Path 12: Case Studies · Path 13: Mastering the Terminal Full Module Directory · 70 modules · rupee-case ## Every module at a glance 70 modules across 11 paths · ~1,110 min total reading time. Complete all modules in a path and pass the 30-question test to earn your certificate. PATH 01Market Foundations 5 modules [1.1How Indian Stock Markets Work→](/learn/path-1/module-1-1-how-indian-stock-markets-work.html) [1.2Understanding Stock Data→](/learn/path-1/module-1-2-understanding-stock-data.html) [1.3Indices and Benchmarks→](/learn/path-1/module-1-3-indices-and-benchmarks.html) [1.4Reading Financial Statements→](/learn/path-1/module-1-4-reading-financial-statements.html) [1.5Orders, Costs, and Taxation→](/learn/path-1/module-1-5-orders-costs-taxation.html) PATH 02Systematic Investing Fundamentals 5 modules [2.1Why Rules Beat Gut Feeling→](/learn/path-2/module-2-1-why-rules-beat-gut-feeling.html) [2.2Introduction to Factors→](/learn/path-2/module-2-2-introduction-to-factors.html) [2.3Risk Metrics That Matter→](/learn/path-2/module-2-3-risk-metrics-that-matter.html) [2.4How Backtesting Works→](/learn/path-2/module-2-4-how-backtesting-works.html) [2.5Building Your First Strategy→](/learn/path-2/module-2-5-building-your-first-strategy.html) PATH 03Factor Investing Deep Dive 8 modules [3.1Momentum Factor Deep Dive→](/learn/path-3/module-3-1-momentum-factor-deep-dive.html) [3.2Value Factor Deep Dive→](/learn/path-3/module-3-2-value-factor-deep-dive.html) [3.3Quality Factor Deep Dive→](/learn/path-3/module-3-3-quality-factor-deep-dive.html) [3.4Low Volatility Factor Deep Dive→](/learn/path-3/module-3-4-low-volatility-factor-deep-dive.html) [3.5Size Factor Deep Dive→](/learn/path-3/module-3-5-size-factor-deep-dive.html) [3.6Combining Factors: Multi-Factor Construction→](/learn/path-3/module-3-6-combining-factors-multi-factor-construction.html) [3.7Factor Timing and Cycles→](/learn/path-3/module-3-7-factor-timing-and-cycles.html) [3.8Factor Investing: India Evidence→](/learn/path-3/module-3-8-factor-investing-india-evidence.html) PATH 04Portfolio Construction 5 modules [4.1Modern Portfolio Theory→](/learn/path-4/module-4-1-modern-portfolio-theory.html) [4.2Position Sizing→](/learn/path-4/module-4-2-position-sizing.html) [4.3Rebalancing Strategies→](/learn/path-4/module-4-3-rebalancing-strategies.html) [4.4Performance Measurement→](/learn/path-4/module-4-4-performance-measurement.html) [4.5Risk Management→](/learn/path-4/module-4-5-risk-management.html) PATH 05Advanced Quant Methods 5 modules [5.1Statistical Foundations→](/learn/path-5/module-5-1-statistical-foundations.html) [5.2Time Series Analysis→](/learn/path-5/module-5-2-time-series-analysis.html) [5.3Machine Learning for Alpha→](/learn/path-5/module-5-3-machine-learning-for-alpha.html) [5.4Alternative Data: India→](/learn/path-5/module-5-4-alternative-data-india.html) [5.5Out-of-Sample Strategies→](/learn/path-5/module-5-5-out-of-sample-strategies.html) PATH 06Indian Financial Products 9 modules [6.1Equity Shares: Structure, Rights, Corporate Actions→](/learn/path-6/module-6-1-equity-shares-structure-rights-corporate-actions.html) [6.2IPOs and New Listings→](/learn/path-6/module-6-2-ipos-new-listings.html) [6.3Mutual Funds: Structure, Types, Costs→](/learn/path-6/module-6-3-mutual-funds-structure-types-costs.html) [6.4ETFs: How They Work→](/learn/path-6/module-6-4-etfs-how-they-work.html) [6.5Index Funds vs ETFs vs Active→](/learn/path-6/module-6-5-index-funds-vs-etfs-vs-active.html) [6.6Derivatives: Futures and Options→](/learn/path-6/module-6-6-derivatives-futures-options.html) [6.7Bonds and Fixed Income in India→](/learn/path-6/module-6-7-bonds-fixed-income-india.html) [6.8REITs and InvITs→](/learn/path-6/module-6-8-reits-invits.html) [6.9Gold, Commodities, and International→](/learn/path-6/module-6-9-gold-commodities-international.html) PATH 07Macroeconomics for Indian Investors 8 modules [7.1How to Read the Indian Economy: Key Indicators→](/learn/path-7/module-7-1-how-to-read-indian-economy-key-indicators.html) [7.2RBI Monetary Policy and Interest Rates→](/learn/path-7/module-7-2-rbi-monetary-policy.html) [7.3Inflation: Types, Measurement, Investment Impact→](/learn/path-7/module-7-3-inflation-types-measurement-investment-impact.html) [7.4INR, FII Flows, and Global Linkages→](/learn/path-7/module-7-4-inr-fii-flows-global-linkages.html) [7.5Government Budget, Fiscal Policy, Market Impact→](/learn/path-7/module-7-5-government-budget-fiscal-policy-market-impact.html) [7.6Corporate Earnings Cycle in India→](/learn/path-7/module-7-6-corporate-earnings-cycle-india.html) [7.7Credit Cycle and NBFC Sector→](/learn/path-7/module-7-7-credit-cycle-nbfc-sector.html) [7.8Macro Regime Investing→](/learn/path-7/module-7-8-macro-regime-investing.html) PATH 08Behavioural Finance 6 modules [8.1Why Investors Lose: Introduction to Behavioural Finance→](/learn/path-8/module-8-1-why-investors-lose-introduction-to-behavioural-finance.html) [8.2Loss Aversion and Prospect Theory→](/learn/path-8/module-8-2-loss-aversion-and-prospect-theory.html) [8.3Cognitive Biases: Overconfidence, Anchoring, Recency→](/learn/path-8/module-8-3-cognitive-biases-overconfidence-anchoring-recency.html) [8.4Herd Behaviour and Market Bubbles→](/learn/path-8/module-8-4-herd-behaviour-and-market-bubbles.html) [8.5Disposition Effect and How to Beat It→](/learn/path-8/module-8-5-disposition-effect-and-how-to-beat-it.html) [8.6Building Systems That Protect You from Yourself→](/learn/path-8/module-8-6-building-systems-that-protect-you-from-yourself.html) PATH 09Corporate Finance and Business Analysis 7 modules [9.1Competitive Moats: Understanding Durable Advantage→](/learn/path-9/module-9-1-competitive-moats-understanding-durable-advantage.html) [9.2Revenue Quality and Earnings Quality→](/learn/path-9/module-9-2-revenue-quality-and-earnings-quality.html) [9.3Capital Allocation: The Most Important Skill→](/learn/path-9/module-9-3-capital-allocation-the-most-important-skill.html) [9.4Leverage, Debt, and Financial Risk→](/learn/path-9/module-9-4-leverage-debt-and-financial-risk.html) [9.5Management Quality: How to Assess It→](/learn/path-9/module-9-5-management-quality-how-to-assess-it.html) [9.6Reading Annual Reports for Investors→](/learn/path-9/module-9-6-reading-annual-reports-for-investors.html) [9.7Putting It Together: Business Analysis Framework→](/learn/path-9/module-9-7-putting-it-together-business-analysis-framework.html) PATH 10Strategy Implementation & Execution 6 modules [10.1How Orders Actually Work: Market Microstructure India→](/learn/path-10/module-10-1-how-orders-actually-work-market-microstructure-india.html) [10.2The Real Cost of Trading: Slippage & Transaction Costs→](/learn/path-10/module-10-2-the-real-cost-of-trading-slippage-and-transaction-costs.html) [10.3Systematic Execution in India: APIs, Algos & SEBI Rules→](/learn/path-10/module-10-3-systematic-execution-in-india-apis-algos-and-sebi-rules.html) [10.4Paper Trading to Live: The Hardest Transition→](/learn/path-10/module-10-4-paper-trading-to-live-the-hardest-transition.html) [10.5Portfolio Monitoring & Rebalancing in Practice→](/learn/path-10/module-10-5-portfolio-monitoring-and-rebalancing-in-practice.html) [10.6Scaling: When Your Strategy Meets Capacity→](/learn/path-10/module-10-6-scaling-when-your-strategy-meets-capacity.html) PATH 11Tax & Regulatory Framework 6 modules [11.1Equity Taxation After July 2024 | The New Rules→](/learn/path-11/module-11-1-equity-taxation-after-july-2024-the-new-rules.html) [11.2Tax Treatment: MFs, ETFs, SGBs, Bonds & F&O→](/learn/path-11/module-11-2-tax-treatment-mfs-etfs-sgbs-bonds-and-fno.html) [11.3Tax-Loss Harvesting for Systematic Investors→](/learn/path-11/module-11-3-tax-loss-harvesting-for-systematic-investors.html) [11.4SEBI Regulatory Framework: What Every Investor Must Know→](/learn/path-11/module-11-4-sebi-regulatory-framework-what-every-investor-must-know.html) [11.5AIS, TIS & ITR: Reconciling Your Capital Gains→](/learn/path-11/module-11-5-ais-tis-and-itr-reconciling-your-capital-gains.html) [11.6Tax-Efficient Portfolio Construction→](/learn/path-11/module-11-6-tax-efficient-portfolio-construction.html) RupeeCase · QC Alpha · Tanmay Kurtkoti Put what you learn into practice | on a terminal built for Indian factor investing Every concept in this curriculum maps directly to a tool in the RupeeCase terminal. Backtest the momentum signal from Path 3. Measure the performance metrics from Path 4. Apply the quality scorecard from Path 9. The education and the platform are built as one system. [Start free on RupeeCase →](https://invest.rupeecase.com/signup) [Or start with Path 1 first ↓](/learn/path-1/module-1-1-how-indian-stock-markets-work.html) [Explore Strategies4 systematic approaches, fully backtested](/) [The Tanmay Edge PodcastDaily pre-market analysis in under 10 minutes](/podcast/) [Daily Market BriefingsPre-market F&O positioning, FII/DII flows, GEX levels](/daily/) [Compare StrategiesRupeeCase Nifty vs Nifty ETF, Kotak & SBI midcap funds](/compare.html) [HoldingsEvery stock in RupeeCase Nifty with research thesis](/stocks/) [Rebalance HistoryRupeeCase Nifty every two weeks | stock additions & exits](/rebalance/) [Getting Started4-step onboarding | 15 minutes end to end](/getting-started.html) [Risk Profile WizardSEBI-aligned 10-section assessment | free PDF report](/risk-profile.html) In development · 2 paths · ~175 min of content ## What’s being written next Paths 12 to 13 are actively in development. Each will be released fully, all modules at once, when complete. PATH 12 Case Studies Real RupeeCase strategies dissected end to end | signals, backtests, live performance 6 modules PATH 13 Terminal Docs Complete guide to every RupeeCase feature | backtester, screener, analytics 6 modules Interactive Calculators · Indian formatting · No sign-up ## Financial Planning Tools 10 calculators built for Indian investors. Instant results, Indian number formatting, all free. [01SIP CalculatorMonthly compounding + RupeeCase comparison](/learn/tools.html#sip) [02Step-Up SIPAnnual SIP increase for faster wealth creation](/learn/tools.html#stepup) [03Retirement PlannerCorpus needed, inflation-adjusted, SIP required](/learn/tools.html#retirement) [04FIRE Calculator25x rule, 3 scenarios, passive income](/learn/tools.html#fire) [05Goal PlannerTarget amount, SIP needed, affordability check](/learn/tools.html#goal) [06Tax CalculatorLTCG / STCG post-2024 Budget rules](/learn/tools.html#tax) [07Expense Ratio ImpactLong-term wealth drag from fund fees](/learn/tools.html#expense) [08Lump Sum vs SIPOne-time vs systematic investing](/learn/tools.html#lumpvssip) [09Inflation EroderPurchasing power decay over time](/learn/tools.html#inflation) [10Rule of 72Quick doubling time estimate](/learn/tools.html#rule72) [Open All 10 Calculators →](/learn/tools.html) About · RupeeCase · QC Alpha · rupee-case Why I’m building this | and why it’s free Most investing education in India teaches you to pick stocks. Almost none of it teaches you to think systematically | using data, evidence, and repeatable processes. That’s the gap. Everything here is original content written by Tanmay Kurtkoti. Indian market data, SEBI regulations, NSE/BSE methodology, NISM curriculum, and academic papers throughout. Complete each path and earn a downloadable certificate. [Visit RupeeCase](https://www.rupeecase.com) [Get Started](https://invest.rupeecase.com) 100% original content Written from scratch. Sources: NSE/BSE methodology docs, SEBI circulars, NISM study material, academic papers. Every claim is cited. Indian market focus Reliance, Infosys, Nifty 500, SEBI, RBI. Not US-centric theory with Indian labels slapped on. Builds toward the tool The curriculum is designed to lead you toward RupeeCase | but each module stands alone. Learn without ever using the terminal if you want. Frequently Asked Questions ## Common questions about the Education Hub Everything you need to know before you start learning. How long does each learning path take? Each path ranges from 60 to 140 minutes of reading. Path 1 (Market Foundations) takes roughly 60 minutes, while longer paths like Path 6 (Indian Financial Products) take around 140 minutes. You can complete modules at your own pace | progress is not timed. Are the courses really free? Yes, 100% free | no paywall, no trial period, no credit card required. All 11 learning paths (70 modules) are available right now at no cost. The education hub is designed to help Indian investors learn systematic investing, and it will remain free forever. Do I need prior investing knowledge? Not at all. Path 1 (Market Foundations) starts from scratch | what you own when you buy a share, how NSE and BSE work, how to read financial statements. If you already have experience, you can skip ahead to intermediate or advanced paths. How do quizzes work? Each module ends with a short quiz to reinforce key concepts. At the end of each path, there is a 30-question path test. You need to pass this test to earn your path certificate. Quizzes can be retaken if you don’t pass on the first attempt. How do I earn a certificate? Complete all modules in a learning path and pass the 30-question path test. Once you pass, you can download a RupeeCase certificate as a PDF. Share it on LinkedIn, X, or wherever you like. Can I skip paths and start anywhere? Yes. Every path is self-contained. If you already understand market basics, jump straight to Path 3 (Factor Investing) or Path 5 (Advanced Quant Methods). That said, Path 1 and Path 2 provide the foundational vocabulary used throughout the curriculum. Is the content specific to Indian markets? Yes. Every module is written with Indian market data, SEBI regulations, NSE/BSE methodology, and Indian examples (Reliance, Infosys, Nifty 500, etc.). This is not US-centric theory with Indian labels | it is original content built for Indian investors. Do I need a RupeeCase account to learn? No. You can read every module and take every quiz without creating an account. A RupeeCase account is only needed if you want to use the investing terminal to backtest strategies, screen stocks, or build portfolios based on what you learn. Explore RupeeCase ## Three more places the data lives. [Strategies 17 rules-based ways to invest 5Paisa Focused Alpha 5, Allcap, Multi Asset, RupeeCase Nifty 10 and 13 more. Held in your own demat.](/strategies/) [Sectors Which strategies hold what, by sector 14 sectors mapped across 17 strategies. Live weights, ticker lists, per-strategy entry and exit dates.](/sectors/) [Podcast The Tanmay Edge, every trading day Pre-market analysis with graded predictions. Options positioning, FII flows, levels that matter.](/podcast/) [Blog Systematic investing notes, two a day Short, data-backed lessons on factors, portfolio theory, the real cost of funds, and behaviour.](/blog/) Newsletter ### What's working, what isn't. Strategy launches, monthly performance notes, and podcast calls that printed. Two or three emails a month. Built for people who actually read them. Subscribe By subscribing you agree to our [Privacy Policy](/privacy-policy.html). RupeeCase is not a SEBI registered Investment Adviser. Nothing in the newsletter is personalised investment advice. Built on India's regulated market infrastructure NSE Order routing BSE Backup venue SEBI Markets regulator NISM Certified author [Privacy Policy](/privacy-policy.html) . [Terms of Service](/terms.html) . [Disclaimers](/disclaimers.html) . [Grievance Redressal](/grievance.html)